House prices to rise 2% in 2017, says Rightmove, but London to dip 5% – This is Money

There is a tough year ahead for property prices – asking prices for homes are only expected to rise by a measly 2% next year – and with Brexit hanging over the housing market there may be further, upsets in the years ahead. House prices in London are also in for some trouble – with […]

Mortgage data points to slowdown in UK housing market in October – The Guardian

The Council of Mortgage Lenders has data to show that mortgages for home movers was down 20% on what it was a year ago. Buy to let mortgages also fell due to tax changes and remortgage levels are at their highest since January 2009. The remortgage market is said to be strong due to home […]

Northern Ireland house prices climb 7.8%, but Brexit ‘chills market’ – Belfast Telegraph

House prices in Northern Island continue to rise, reaching an average of £123,000 according to the Office for National Statistics. Encouragingly, this rise comes despite Brexit; however its not all sunshine for Northern Irish homeowners, as the region continues to see the lowest house prices in the UK. England still has the highest average house […]

7 Steps to Take the Day You Buy Your First Home – Huffington Post

First time house buyers need to make several practical arrangements after their deal goes through. Changing address means updating records in a number places as well as finding a new doctor and dentist, for example. Insurance should be considered with several competing quotes. Home maintenance will need to be planned, which can be a new […]

Where to buy in London: top 30 fastest-rising hotspots for first-time buyers from Peckham to Walthamstow – Homes and Property

Once troubled by gangs and squats, and famously home to TV’s Trotter family, Peckham has become an unexpected hotspot among first time house buyers. Modern attractions include restaurants and bars with an independent, anti-chain spirit. New buyers are becoming an increasing proportion of the housing market, helped by a new tax structure which includes higher […]

Prospects for 2017 house prices – FT Adviser

Outside London, UK house prices are expected to rise in 2017. While wage growth remains slow or flat, the demand from first time house buyers is increasing faster than supply. As a result, house price inflation has continued to outpace wage inflation, with average prices up 7.7 percent in the year to September 2016. The […]

Mixed performance of UK regional property markets since financial crisis – Property Community

The UK’s regions have performed differently in the property market in 2016. Greater London, the south east of England, East Anglia and south west England have seen strong growth in house prices. The Midlands and north of England have been neutral markets, while prices in Wales, Scotland and Northern Ireland remain lower than at their […]

Watchdog warns UK banks over mortgage cases – Irish Examiner

Mortgage payment arrears have been wrongly handled by UK lenders, which could lead to hundreds of thousands of compensation claims, according to the Financial Conduct Authority (FCA). Arrears have sometimes been added to the capital owed as well as charged for separate payment. This can lead to overpayment, excess fees and damage to a customer’s […]

Brexit will stop UK house price growth in 2017 – Savills – Reuters UK

According to estage agents ‘Savills’, Brexit will cause a halt of house price increases in 2017 and this will lead to a reduction in transactions. Additionally, Britain’s second biggest builder Persimmon said that Brexit has led them to buying less land for construction. Savills predicts that growth will not return to current levels until at […]

London Is Becoming the U.K.’s Laggard in the Housing Market … – Bloomberg

This year, London’s property asking prices have seen the second lowest increase out of 9 other regions surveyed by website RightMove, with a 2.5% increase. This falls below the national house price inflation which sits at 4.2%. The North East was the poorest performing region below London,with an increase of only 1.2% on property prices. […]