Cambridge: The fastest selling place in Britain

Cambridge is the fastest selling place in Britain, according to Rightmove. The property portal's latest report shows that property for sale in Cambridge takes an average of just 27 days to sell, even faster than the London boroughs of Lewisham and Sutton, where homes spend 29 days on the market. Powys in Wales is home to the slowest moving properties, where sellers can expect an average time between first...

Does love at first viewing exist?

Love at first sight may be true for human relationships but when it comes to falling for the home of their dreams, buyers take their time to pick The One. A new survey from E.ON shows that one-third of house hunters take up to three months to find their new home. Indeed, the average buyer needs to visit eight different homes before they plump for one in particular, taking a tour of the market before...

Sales of property in Canada up by four-year high

Sales of property in Canada climbed by the highest amount in almost four years last month. New figures from the Canadian Real Estate Association reveal that sales processed through the MLS system rose 5.9 per cent in May 2014, the biggest month-on-month increase in almost four years. Actual (not seasonally adjusted) activity in May stood 4.8 per cent above levels reported in the same month last year,...

Price must be right for London property to sell

The price must be right if you want to sell your London property, estate agents have warned. Crayson's latest report reveals that the prime market in the UK capital is performing well, with sales up 17 per cent in the traditional locations of Notting Hill, Holland Park and Kensington. Indeed, demand is focused on those areas, with apartments particularly providing popular. Sales of apartments have jumped...

Pending and existing home sales up in USA

Pending and existing home sales are rising in the USA, as low mortgage rates and increased inventory boost demand from buyers. All four regions of the country saw increases in pending sales, according to the National Association of Realtors, led by the Northeast and West. Sales jumped 6.1 per cent in May 2014, the largest month-over-month gain since April 2010. While affordability and access to credit...

Can tennis courts add value to your home?

Sabine Lisicki serves a smash at Wimbledon - but can a tennis court net you a tidy sum? Wimbledon is here once again and the news for those looking to boost the sales price for their home, there is good news: tennis courts can add value to your home, according to Savills. "There is no doubt about it, Wimbledon is a global name and certainly has international appeal," Clive Moon, head of the estate agent's...

England wins most properties for sale in #TMCWorldCup

England may have been knocked out of the World Cup, but the country took home the trophy for most homes for sale in a property World Cup held by TheMoveChannel.com. The property portal's #TMCWorldCup infographic ranked all the countries participating in the football tournament by four categories: demand (the share of enquiries received in 2013), accessbility (number of properties for sale), appeal...

1 in 5 sellers fetch higher than asking price

1 in 5 UK sellers are currently fetching higher than the asking price for their home. In recent years, the financial crisis has meant that many sellers have struggled to sell their home at all, let alone reach their desired price tag. Now, though, with Britain's economy growing and confidence improving, the country is turning into a seller's market.  Despite the positive sentiment, housing supply...

Increasing London house prices inspire sellers

Photo: Martie1Swart Increasing house prices in London are inspiring sellers to come onto the market. Asking price rises have accelerated in the last month, according to Home.co.uk's latest report, taking the average annual appreciation for England and Wales to 9.6 per cent. While a shortfall in supply has been a key driver of London's soaring values, though, sellers are beginning to be encouraged back...

London homes sell three times faster than North East

Photo: MeandmyShadow London homes sell three times faster than those in the North East of England, according to data from Home.co.uk. The figures show that a typical listing in the UK capital spends just 48 days on the market, far lower than the 167 days recorded by the average North East home. The gap underlines the sheer extremes of the UK's bipolar housing market, with marketing times in the South...