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Dramatic decline in London Sales

Tuesday 08 September 2015  / Ruth Montia

W A Ellis and Knight Frank are the two latest estate agency’s to highlight the dramatic decline in the sale of London’s most expensive homes. W A Ellis claim that over the past year there has been a 26% drop in sales of homes worth over £1m.Richard...

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Repossession rate has fallen to record low

Friday 14 August 2015  / Ruth Montia

The Council of Mortgage Lenders has released figures that say the rate of repossession has fallen in the second quarter of 2015 and is at an astonishing 0.02%, which is the equivalent of just one in every 5,000 mortgages. This is the lowest rate recorded...

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RICS Warning

 / Ruth Montia

The Royal Institution of Chartered Surveyors warns that the imbalance of supply and demand in the housing market “will lead to even stronger price gains over the next 12 months”.Chief economist RICS Simon Rubinsohn “This trend could be brought...

HousesOfParliament

Website opposes George Osborne’s proposals

Thursday 13 August 2015  / Ruth Montia

A new website has been launched in order to oppose proposals announced by Chancellor George Osborne.The new website will explain how the new tax proposals will effect different people in different ways, including letting agents, landlords and tenants.This...

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CML Figures

Wednesday 12 August 2015  / Ruth Montia

CML have issued figures that show lending to first time buyers bounced back in the second quarter of 2015 after a slow start to the year, although this level is no greater than in the same period in 2014. The amount of first time buyers has grown in numbers...

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HouseSimple analysis says Rightmove listings dropped in July

 / Ruth Montia

The online estate agent HouseSimple has claimed that the number of vendors listing homes on Rightmove plummeted by 13.2% across the whole of the UK in the month of July. In London this drop was even larger at around 15%.HouseSimple has analysed the...