News

Property prices set for further falls in 2011

Posted by on 03/01/2011 at 11:06 pm

Published by The Independent on Saturday, 1 January 2011 By Sean O’Grady, Economics Editor   Prediction or will we do better than that? I really am looking for good news this year Report shows end-of-year rebound for house values, but still £21,000 below peak House prices ended 2010 broadly flat – with widening regional disparities […]

Ireland’s ‘bad bank’ NAMA becomes one of world’s biggest property lenders

Posted by on 22/12/2010 at 10:00 am

Published by The Guardian on Tuesday, 21 December 2010 by # Lisa O’Carroll and Elena Moya   National Asset Management Agency takes over developers’ loans worth €70bn, acquiring some of London’s best-known landmarks including Battersea power station Ireland’s controversial new “bad bank” has overnight become one of the biggest property banks in the world after […]

More gloom for UK property market as demand and prices fall

Posted by on 16/12/2010 at 5:30 am

Published by Property Community on Tuesday, 14 December 2010 by Ray Clancy   The residential property market in the UK is likely to remain subdued in the coming months as lack of demand means prices are falling, the latest high profile real estate reports show. Surveyors’ expectations for property prices over the next three months […]

British buyers snap up US repossessions

Posted by on 15/12/2010 at 6:40 pm

Published by The Independent on Sunday 12 December 2010 by Chiara Cavaglieri   The collapse of large sections of the American housing market has given property hunters in the UK a lucrative investment opportunity. The world of property can be harsh in the extreme, with one person’s misery being another one’s profit. Nowhere is this […]

UK property market likely to be fairly stable in 2011

Posted by on 05/12/2010 at 2:36 pm

Published by Property Wire on Thursday, 02 December 2010   Next year is likely to be more of the same for the UK real estate private lettings market with tenant demand remaining high, it is claimed. The autumn has seen demand from tenants increase by 32% compared to the same period last year with rental […]

Mixed outlook for main UK real estate sectors

Posted by on 28/11/2010 at 5:12 pm

Published by Property Wire on Friday, 26 November 2010   UK real estate sectors face a mixed outlook going into the New Year as overall the pace of economic recovery slows down in 2011, according to property consultants. Few office schemes are expected to get off the ground in 2011 although investors are actively seeking […]

UK Releases October 2010 House Price Index

Posted by on 28/11/2010 at 12:11 am

Published by GovMonitor on Friday, 26th November 2010   The October data from Land Registry’s flagship House Price Index shows an annual price increase of 3.4 per cent which takes the average property value in England and Wales to £165,505. The monthly change from September to October is a decrease of 0.8 per cent. Eight […]

Quality matters as the UK property market slows

Posted by on 17/11/2010 at 7:37 pm

Published by Property Wire on Tuesday, 16 November 2010   As the UK residential real estate market begins to slow down the value gap between the best properties on the market and the rest is widening, according to a new analysis. Best in class properties have fallen an average of just 1.4% over the past […]

First-Time Homebuyers in UK Return After Prices Decline Rightmove Says

Posted by on 11/11/2010 at 11:23 am

Published by Bloomberg on Monday, November 8th, 2010   The number of Britons planning to buy a home for the first time has increased as the prospect of falling prices bolsters demand, Rightmove Plc said. The proportion of people who intend to buy a home in the coming 12 months and who will be making […]

UK DATA: Hometrack: Deflation Returns To House Asking Prices

Posted by on 03/11/2010 at 1:10 pm

Published by iMarket News on Sunday, October 31, 2010   LONDON (MNI) – Recent falls in UK house asking prices quickened in October, as prices dropped for the third consecutive month and turned negative on the year for the first time since January, according to market intelligence company Hometrack. House asking prices fell 0.9% on […]