Signs of life in the housing market

OLYMPUS DIGITAL CAMERAAs we head into spring, a new survey has revealed further signs of life in the UK housing market. The research, carried out by the Royal Institution of Chartered Surveyors (Rics) has revealed house sales in the UK reached a three year high during March. The Rics housing market survey, showed estate agents had, on average, sold 17.4 houses each during the past three months; the highest level since March 2010. The figures from Rics are echoed by those from HM Revenue and ...

Homebuying: Failing to commission a survey makes homes a time bomb

InspectorThe Royal Institution of Chartered Surveyors (RICS), are warning that homebuyers who try to save money by not having a survey of their new home, could be storing up problems for a later date. RICS have warned that if a survey is not completed, families who may already be financially stretched could risk huge repair bills putting right problems with their new home, which a survey would have highlighted before the purchase was completed. The survey of 1,000 buyers, which was ...

Housing & Mortgage Round Up: Mortgage approvals and house sales rise

Housing & Mortgage Round Up: Mortgage & House Sales RiseTwo positive stories for the housing market this week as we report that mortgage approvals and house sales are both on the rise. However, the news is not so positive if you are a tenant, with average rents still higher than a year ago and a new survey showing the drastic measures forced upon some people simply to pay their rent....

Housing & mortgage round up: Last round up and house price survey of 2012

Housing & mortgage round upOur last housing and mortgage round up of 2012 wouldn’t be complete without a house price survey and we’ve not let you down. In other news, another mortgage lender has stopped offering interest-only mortgages, there are fears that average rents will rise quickly in 2013 and first time buyers appear nervous about what the New Year might hold for them. Small annual rise in house prices The latest figures from the Office for National Statistics (ONS) show that house prices increased by just 0.2% in October. The ONS also revealed ...