Housing: Average asking price hits £250,000

English HomesAccording to Right Move, the UK’s largest estate agent, the average asking price for a property in the UK has now risen to £252,978; 1.2% higher than this time last month. Right Move’s latest figures also indicate that the rise in property prices experienced by the South East over the past few months is now spreading to the rest of the UK. Are you ...

Right Move House Price Index: Sharp rise in asking prices

Right MoveMany confident sellers are raising asking prices, according to the recent House Price Index (HPI) from Right Move, an estate agent specialising in house sales and rentals. New seller asking prices are up 2.1% in April, after a rise in March of 1.7%; the increase in April means asking prices have now risen for four months in a row. The increase takes the average asking price to £244,706; the highest figure seen in any April....

Housing & mortgage round up: Lloyds TSB to help 60,000 first time buyers, whilst housing market improves

Lloyds TSB to help 60,000 first time buyersNo house prices surveys this week but still plenty of news to report. This week saw a huge boost for first-time buyers as a major lender shows their commitment to this beleaguered group of would-be homeowners. Elsewhere there was good news for those people looking for signs that the housing market might finally be coming out of the doldrums....

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 ...