New figures from Halifax reveal that the average UK house prices reached the highest recorded levels in October. Year-on-year growth was 4.5%. While the supply of properties available for sale remains low, other factors such as employment rates and still low mortgage rates provide support for house prices. Something perhaps to return some optimism to [...]
London house prices said to be in neutral – could be a good time to instruct buyer’s agent Greenstone Property Solutions to find your next property
Recent data suggests London city house prices are falling in real terms. Lower yields for investors and continuing concerns over Brexit seem to be having the biggest impact on the market. However, as with every situation, (every silver cloud etc) those with ready funds can take advantage of the current situation. If that is you, [...]
Survey results from the Royal Institute of Surveyors (RICS) report that falls in new buyer numbers and sales in the London residential housing market continued in September. The anticipated Bank of England decision on interest rates set to come out in November is said to be a major contributing factor. Should the 'status quo' be [...]
Latest figures from UK Finance report that mortgage lending rose to £24.2bn in August 2017. This level has not been reached since March 2016 (prior to the increase in stamp duty rates). Perhaps confidence is returning to the market? If you are looking a purchasing a new or additional property in London, let Greenstone Property [...]
As buyer's agents for residential property in London, it could be a good time to instruct Greenstone Property Solutions Ltd to try and save you even more money on your next home. Recent figures suggest that average asking prices in London were down 2.9% in August 2017. The decrease is higher in central London with [...]
Recent Bank of England data suggests home mortgage approval rates were at a 16 month high in July 2017 with 68,689 given the 'green light' in the month. Perhaps a good time to make a move? If you need help finding a property to buy, Greenstone PSL can help. Just get in touch with us.
Rightmove's latest index figures suggest that London property prices fell around 2% or £12,068 - on average in the month of August 2017. While overall in the last 12 months, prices have risen, it seems that the summer break has had an impact on sales. It could be your opportunity to engage Greenstone Property Solutions [...]
Figures released by the Land Registry show a recent fall of 0.7% in London house prices between May and June 2017. While London prices rose 2.9% in the year to June 2017, it may be a good time to try and find a bargain. Greenstone Property Solutions can help you do that as your buyers [...]
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