Will house prices fall in the UK and EU after Brexit?

Property price growth is expected to slow in UK and Europe as consumer confidence falls. The British vote to leave the European Union has brought the British pound down to a 31-year low, meaning UK house prices are now cheaper for foreign investors, buying in foreign currency. Property analysts in the UK also predict a … Read more

UK House prices: the star buys since 2008 and the areas you should have avoided

We are in a unique housing market: never before has the acceleration of house prices at the top of the scale left so many so far behind. Prices in Hackney, east London, for example, have increased by a staggering 939 per cent between 1995 and 2015. Compare that to Blackpool, where that number is 100 per cent. … Read more

Revealed: the widening gulf between salaries and house prices

Heddon Street in Mayfair, the London postcode district where the median house price stood at £2.9m in 2014. Photograph: Jeffrey Blackler/Alamy Buyers in England and Wales forced to spend up to 12 times their income as gap between earnings and house prices widens The gap between income and house prices has sky-rocketed so much in … Read more

UK house prices slow in July, market still robust – Halifax

British house prices grew in July at their slowest annual pace since the end of last year but the market is being supported by rising wages and a lack of homes to buy, mortgage lender Halifax said on Thursday. Halifax said the year-on-year rate of growth in the three months to July slowed to 7.9 … Read more

UK:House prices rise as surveyors report few properties on market

House prices in the UK unexpectedly surged in June with a shortage of homes on the market driving the pace of increases to the fastest level in nine months. The Royal Institute of Chartered Surveyors reported that the average stock of houses per surveyor had fallen to the lowest level since it started collecting this … Read more

UK:Home lending reaches £16bn

An estimated £16.2billion-worth of mortgages was handed out in May, marking a five-month high, figures from the Council of Mortgage Lenders (CML) showed. Writing on the CML’s website, CML economist Mohammad Jamei said: “As we expected, activity in the housing market is showing signs of a modest recovery.” He added that the low mortgage rates … Read more

House prices have hit the bottom and the only way is up

House prices in the first quarter of 2015 were 2.6pc higher than the final three months of last year, as consumer confidence grows and interest rate rises still seem a far off reality. The Halifax’s house price index, released this morning, gave an early indication that the stagnant housing market, which slowed to a standstill … Read more