UK set for housing boom with property market busiest ever since 2007 https://uk.finance.yahoo.com/news/uk-house-prices-property-market-boom-000108706.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAM5geKEMyxAbpwcTeMgtLER0OM0g5JohC9a3U4Z_n4eN269_ThMU0KpXWsGz77ERug0x5vC33W-mc-dkwCXmFoYeY6jOvNnfIMwvgCnw_EbhW1aZ_DkyrQe546QHArwxJgmgiDTN2GXCTGlxHpTZbkK40zAUUEKOuIpJKpflPD_M
One in every 16 houses are being sold in the UK this year as property market booms. https://www.walesonline.co.uk/lifestyle/welsh-homes/one-every-16-houses-being-22306494
https://www.hulldailymail.co.uk/news/property/hull-ranked-third-uk-best-6259843
House prices ‘to rise 25% by 2026’ as London bounces back from pandemic peak: https://www.standard.co.uk/homesandproperty/property-news/london-property-house-prices-bounce-back-b967819.html
First home in England to be bought with a mortgage – after its 1634 ‘riotous’ owners had blown their money on gambling – goes on the market for £2.75millon https://www.dailymail.co.uk/news/article-10239417/Cornish-property-England-obtain-mortgage-goes-market.html
https://www.ftadviser.com/mortgages/2021/11/23/property-sales-plummet-to-9-year-low/ https://www.reuters.com/markets/europe/uk-property-sales-down-52-after-rush-beat-tax-break-deadline-2021-11-23/
The 40 year fixed rate mortgage has arrived: https://www.ft.com/content/bc061eca-9cc6-4cca-984d-a22389ac7c86
Nationwide Building Society has said there could be a “cooling” of the UK’s red-hot housing market because of rising inflation and interest rates. “There are a few things that could moderate [housing demand] a bit in the coming quarters. For example, there are not many homes on the market at the moment. That is likely…
Don’t wait till after Christmas to sell your property
The average house price has hit a record high of £269,945, with figures from the Office for National Statistics (ONS) showing £28,000 has been added to the typical property price over the past year. Values increased by 11.8% over the year to September, with this up on the 10.2% annual growth recorded in August. Wales…
….with some regions increasing by nearly 20%…. https://www.theguardian.com/money/2021/nov/13/great-britains-north-south-house-price-divide-will-narrow-over-next-five-years
We believe the Land Registry should go further and have alerts set-up when searches are taken out on a Property: https://www.telegraph.co.uk/property/news/99pc-homeowners-risk-having-properties-sold/
Parents consider Buy To Let mortgages To Help Their Children At University: https://www.forbes.com/uk/advisor/personal-finance/2021/11/10/house-prices-updates/
The Royal Institution of Chartered Surveyors: House Prices increase again in October post SDLT exemptions: UK house prices soar again, fuelled by dearth of sellers: RICS
Commercial landlords have missed out on more than £7bn in unpaid rent during the pandemic and have been told they will be expected to write off any Covid-related rent arrears if tenants are struggling to pay. Protection against eviction runs out next March and the government has set out new laws for how landlords and…
Eight in 10 properties listed for sale on the website in the area have already had offers accepted: https://www.bbc.co.uk/news/business-59223101
Land Registry fees for registers and transfers of title are to rise by up to 21% in January. https://www.lawgazette.co.uk/practice/land-registration-charge-to-soar-from-january/5110387.article
repossession claims by banks have surged by 50 per cent, rising from 750 in May to 1,160 in June, according to data from the Ministry of Justice. It means repossessions are already back to 58 per cent of levels seen before the pandemic. https://www.dailymail.co.uk/money/mortgageshome/article-10157027/Banks-court-ramp-repossessions.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 https://twnews.co.uk/uk-news/banks-go-back-to-court-and-ramp-up-repossessions
Estate agent Strutt & Parker forecasts ‘best case’ 7% growth for 2022: https://www.thisismoney.co.uk/money/mortgageshome/article-10177319/House-prices-grow-35-2020-2025.html