Asking Prices for New Listings in the UK Down by 2%

According to the latest index from Rightmove, asking prices in the UK were down by 2% in August, although this is something that is not unexpected at this time of year.

UK Land Registry Launches Property Fraud Line

The UK Land Registry has just launched a new Property Fraud Line for homeowners. This means anyone who is concerned that property may be subject to a fraudulent sale or mortgage will be able to alert the Land Registry straightaway and can speak to specially trained staff and ask for practical advice on what to do next.

UK Real Estate Market Boosted by First-Time Buyer Activity

The real estate market in the UK was boosted by first-time buyer activity in June, according to data published by the Council of Mortgage Lenders. Their figures show lending for this month was the highest since July 2010, with the exception being March this year as this month marked the end of the stamp duty concession.

Falling Property Values in the UK Enticing Investors

Falling property values in the UK has led to increased interest from investors looking to add to their portfolios. A survey by Lloyds, who are one of the largest lenders to the property sector, found nearly a third intended to spend more money on shopping centers, apartments, and offices.

Britons Becoming More Confident Over Housing Market

According to the latest Halifax Housing Market Confidence tracker, Britons are beginning to feel more confident over the housing market, with more than one in three predicting house prices will increase during the next twelve months. Just 20% expect house prices to fall.

Rising Inflation Set to Suppress UK House Prices

Rising inflation and a worsening economic outlook is set to suppress the UK housing market for the next five years, according to a report by Savills. The Bank of England has just voted to keep interest rates at their current record low of 0.5%, and markets are not expecting any increases before 2013. Low interest

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UK Expats Join International Buyers in Snapping up London Property

The fact that so much prime property in London is being snapped up by buyers from the Middle East, Asia and Russia has already been well documented, as many are lured in by the weakness of sterling compared to their own strong currencies. In addition, London is traditionally seen as a safe haven that provides

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UK Lettings Agency Stresses Need for Realistic Rental Valuations

Belvoir Lettings Agency, who are one of the largest specialist letting agency franchises in the UK, are stressing the need for realistic rental valuations by local agents, to help avoid bidding wars in the pressurized private rental sector. The private rental sector is especially active in London, and this year has seen dramatic increases in

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