The growing trend in the UK real estate market is that the demand totally outweighs the supply at the moment. As the population of the country is increasing, so does the need for more houses for us all to live in. This is especially true in the nations capital city. London is the biggest city in the United Kingdom and the most expensive to live. This is why the government is planning to build and construct...
Canadians are selling their US homes, thanks to the improvement in exchange rates. Arizona Focus Realty says that 70 per cent of its sales used to be to Canadian buyers, who were keen to escape cold weather in the winter. House hunters were on the lookout for golf courses, heated swimming pools and shopping malls. Now, though, the broker says the trend has reversed. Where Canadian homebuyers once made...
The rising supply of houses for sale in the UK is keeping price growth in check, according to new figures. The latest HMRC data shows that the provisional seasonally adjusted UK property transaction count for July 2014 was 101,190 residential and 9,330 non-residential transactions in July 2014, down 1.3 per cent from the previous month but still 13.5 per cent up year-on-year. Peter Rollings, CEO of...
First time buyers are driving the UK housing market. Summer is a seasonally quiet time for buyers and sellers, but activity is up year-on-year this July, according to Connells Survey & Valuation. The chartered surveyors completed 14 per cent more valuations in July 2014 compared to July 2013, as house hunters push forward with the buying process. This annual growth has been recorded in spite of...
It is the most expensive decision in a person's life, yet home buyers in the UK take just half an hour to decide whether to purchase, according to new research. The report from Aviva found that competition from other buyers means that house-hunters are quicker than ever to decide whether a home is right for them. One in four (24 per cent) make just one visit to a property before deciding to purchase it....
If you want to sell your home by Christmas, you better start now, according to new research. Figures from estate agency Move with Us show that the average UK home takes 88 days to sell after it is first placed on the market, which means that if you want to sell your home by Christmas, you need to list it by 28th September. Some regions of the UK need to act even sooner, thanks to the varying speeds...
UK homes sell 16 days faster now than they did last year, according to new research from estate agents. The report from Move with Us shows that the average time it takes to sell a property in Britain has reduced to 88 days, 15.38 per cent faster than the same time last year and the fastest selling time recorded since 2007. The agent attributes the improving conditions to the rising demand from buyers,...
Now is the time to sell UK property, according to homeowners. The latest survey by Halifax reveals that 57 per cent of Brits feel it will be a good time to sell in the next 12 months, exceeding those who think it will be a bad time (32 per cent). This is the highest score of this measure since the surveyâs inception in April 2011. Sentiment towards selling is even stronger among owner occupiers with...
Sales of UK property are slowing down, according to HMRC. The latest official figures show that residential proprty transactions in June 2014 dipped 0.2 per cent from the previous month's total to 102,680. The recovery that has taken place, though, is evident from the year-on-year difference: a significantly higher increase of 15.7 per cent. Indeed, after the recession, sales of UK homes slumped...
Viewings of properties in Greater London and the South West have jumped 10 per cent in the last year, according to a new survey of over 100 estate agents. The research, carried out by Move with Us, reveals that properties in Greater London and the South West are currently receiving the highest number of viewings in the country before they are sold subject to contract (SSTC). The average number of viewings...