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After 9 months of successive growth, the price of prime properties has started to fall, but the overall prices have risen by 4% since this time last year, further boosting prices by a further £20,000. Still leading the race by a long way is London property and the price differences are becoming so fast that [...]  While house sales could well rise in 2012, it looks as if property prices will be struggling to follow suit. The RICS, Royal Institution of Chartered Surveyors, has predicted that the number of UK homes sold will rise to 880,000 this year, roughly the same amount of activity that the market saw in 2010. Even [...] If you are planning to take any kind of trip away from home this winter, be it a quick trip to see the relatives or a holiday to sunny climes, there are steps you should take to ensure that you don’t suffer from a burst pipe in your absence. There is some sound advice to [...] An alarming new report has revealed that as many as 360,000 young people are now trapped in property which they bought four years ago when property prices were at their peak. Over the past four years they have witnessed an average of £11,000 being wiped off their homes value, and there are widespread fears that [...] Rightmove, the property website, has said that the average price of houses in the UK rose in August but due to heavy falls earlier in the year, the price of houses is still down for the year. The website has also said that the market has not really changed a great deal since 2008 and [...] House prices in Essex are at levels which are simply unaffordable for a great many people. There is a huge demand for lower cost properties in the area, but there is no supply. This has led to councils working with building firms to try and bring new, low cost, homes to the region. This is intended [...] In the UK residential property prices have been falling back in April and May with the latest indices indicating the market is sluggish. Prices dropped in April by 1.1% and have fallen by 0.3% over the year per the House Price Index from the Department of Communities and Local Government. The average UK house price was [...] According to Halifax figures recently released, prices for houses remained virtually static for May with an increase of only 0.1%. Those figures mirror those of last week’s from Nationwide Building Society that announced an increase of only 0.3% for May. The small increase follows the 1.4% decrease from April but the change for the quarter, [...] Kirstie Allsopp has reacted angrily to the survey from the Halifax which calls the younger member of society ‘generation rent’ and implies that they have all given up on the prospect of ever owning their own home. She says that there is a very clear line between those who want to get on the property [...] A West Country estate agency, Miller & Son, is reporting an increasingly strong demand for agricultural land, with sale prices often far exceeding the guide price. For instance, in the last week of May, 3.2 acres of grazing land near Mullion was sold at auction for £65,000 – more than double [...] |
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