Land Registry House Price Index: House prices rise by 1% in January

Land Registry House Price Index for January 2013The latest Land Registry housing data shows house prices rose in January by 1%. The figures also show a year on year rise of the same amount and a fall in the rate of repossessions; further evidence that the bottom of the housing market may have been reached. According to the Land Registry, which is often thought to be the most accurate of all the house price surveys, because it looks at every house sale in ...

Housing & mortgage round up: Increase in the number of retirees looking to downsize

Housing & mortgage round upA relatively quiet week, with none of the major house price surveys reporting this over the past seven days, but fear not, we’ve managed to dig up some interesting stories for those of you who need your weekly fix of housing and mortgage news. More retirees look to downsize Are you planning on downsizing in retirement? You are not alone if you are. Downsizing is becoming a key part of many people’s retirement planning and a new survey has ...

Housing & mortgage round up: House prices fall, whilst Nationwide pull out of Interest Only mortgages

Housing & mortgage round up: House prices fall, whilst Nationwide pull out of Interest Only mortgagesA busy week for housing and mortgage news. Two house price surveys have shown prices fell during September, with the average price falling though the psychological £160,000 barrier. In other news, the Bank of England kept interest rates on hold, whilst Santander have increased their Standard Variable Rate for existing customers. House prices fell in September...

Housing & mortgage round up: House prices rise as do mortgage approvals

Housing & mortgage round upTwo house price surveys out this week, both showing a rise in house prices, whilst the number of mortgage approvals has risen and mortgage affordability is improving. All good news? Well, not quite. The housing market is still volatile, with any monthly rises being cancelled out by falls, to create a stagnant picture and mortgage finance is becoming even harder to obtain for people without large deposits. Nationwide: Surprise rise in house price...