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Posted in General July 25th, 2011 by Kenny | No comments
Prices are down arcoss the UK (down 1.3% in England, Scotland 2.5% and over 6% for Wales) and the best bet is that we wont see a big surge in prices during this year at least. The only area which seems to be bucking the trend is London which has seen demand and prices rise since the days of 2008 when they were heaviest hit.
The Council of Mortgage Lenders have added to the gloom with news that the number of new mortgage approvals are down 5% on the same time last year.
Buyers are still very tentitive, taking longer to complete deals and with more properties on the market, it seems the market may have turned the corner although thats not much solace to sellers who have to choose whether to stay put or take a hit. PricewaterhouseCoopers are predicting a 2.2% rise in prices across the board during 2012 so there is light at the end of the tunnel.
Posted in News July 18th, 2011 by Kenny | No comments
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Posted in General July 11th, 2011 by Kenny | No comments
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Posted in General July 4th, 2011 by Kenny | No comments
