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Average UK house prices up 8.3% year on year, official index data shows

UK House Prices News:- Average house prices in the UK increased by 8.3% in the year to July 2016, down from 9.7% in June 2016, continuing the strong growth seen since the end of 2013, according to the latest index data. The average UK house price was £217,000 in July 2016, some £17,000 higher than in July 2015 and £1,000 higher than June, the index from the Office of National Statistics shows. The main contribution to the increase in UK [...]

By |2021-11-13T09:29:50+00:00December 20, 2017|Blog, Finance News, mycrousal, News|0 Comments
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‘House prices WON’T fall’ ‘Experts reveal property
market remains

House price London:- Experts reveal property market remains robust in spite of Brexit fears. Fears that house prices would be sent tumbling on the back of Brexit uncertainty now look overblown with confidence among surveyors recovering. The latest survey from the Royal Institution of Chartered Surveyors showed that its member estate agents now expect house prices to rise 3.3 per cent a year on average for the next five years - the most confident prediction given in the survey since the [...]

By |2021-11-13T09:30:05+00:00December 15, 2017|Blog, Business, Finance News, mycrousal, News|0 Comments
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House Price Leap Defies Fears of Referendum Downturn in Property Market

An unexpected rise in house prices in August and an upturn in consumer confidence today added to the sense that the Brexit vote at the end of June has yet to derail the UK economy. House prices rose 0.6% this month, according to Nationwide, when analysts had been predicting a fall of between 1% and 2%. That pushed the annual increase from 5.2% in July to 5.6% in August. Cheap House Price Consumer confidence, which suffered its biggest drop for [...]

By |2021-11-13T09:30:14+00:00December 10, 2017|Blog, Finance News, mycrousal, News|0 Comments
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Post-Brexit Property Sales Remain Steady

Property buyers went through with sales in July irrespective of any uncertainty in the UK housing market following the Brexit vote, figures suggest. Yet the market is not moving at a pace seen a year ago, with 16,000 fewer homes sold in July compared with the same month in 2015. A total of 104,200 properties were sold in July, the first full month since the UK's vote to leave the EU. Various commentators have predicted a short-term slowdown in the [...]

By |2021-11-13T09:30:37+00:00December 1, 2017|Blog, Finance News, mycrousal, News|0 Comments
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UK House Prices Grow by 3%

Strong market fundamentals remain in the UK’s regional residential property markets despite recent political events, most notably the decision to leave the European Union. The latest analysis from real estate firm CBRE suggests that UK house prices are expected to grow by an average of 3% this year with current growth of 5.1% across the country regarded as encouraging. UK Property Market The report says that the Outer Metropolitan area saw the strongest performance in the second quarter of 2016 [...]

By |2021-11-13T09:30:44+00:00November 27, 2017|Blog, mycrousal, News, Planning News|0 Comments
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It’s Finally Here: the Night Tube is Starting this Weekend

Where House Prices have Zoomed up Along the Night Tube Route House Prices News:- It's finally here: the Night Tube is starting this weekend No longer will you, late at night, curse the day you ever moved out to zone five in order to buy a home in London that is not actually a broom cupboard. As long as you live on one of the five lines, that is. The Night Tube may not have the scale and investment of Crossrail, but [...]

By |2021-11-13T09:31:00+00:00November 19, 2017|Blog, Finance News, mycrousal, News|0 Comments
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British Property Prices Rose by 8.7% -HZA

Online Property Finance News:-Average property in Britain now worth £214,000, with “the underlying lack of supply” likely to push prices further in the long-term post Brexit. Summary: British property prices rose by 8.7% on the year in June While growth may slow following the vote for Brexit, the lack of housing supply is likely to ensure growth continues in the long-term High numbers of overseas investors have looked to add more UK property to their portfolios during the new currency window [...]

By |2021-11-13T09:31:08+00:00November 15, 2017|Blog, mycrousal, News, Planning News|0 Comments
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UK Housing Market Sees Measure of Optimism Return -HZA

Some optimism has returned to the UK housing market as the initial shock of the Brexit vote begins to wear off. In the June Royal Institution of Chartered Surveyors survey of estate agents and surveyors, carried out in the immediate aftermath of the vote, a large majority said they believed house prices would fall this year. UK Housing Market News While they remain gloomy about the short term, particularly in London, the July survey suggests market professionals are more optimistic [...]

By |2021-11-13T09:31:16+00:00November 11, 2017|Blog, mycrousal, News, Planning News|0 Comments
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Adding a ‘floor between floors’ Can Add More Value than a Loft Conversion

Adding an extra level within an existing space attractive - creating a split-level room - is the improvement that gives you the best return on your investment. Adding a mezzanine floor may not be the most obvious home improvement choice, but it could be the most cost-effective way of increasing both floor space and value, a new study shows. Online Finance A mezzanine means a floor between floors — an extra level inserted within an existing space to create a [...]

By |2021-11-13T09:31:26+00:00November 10, 2017|Blog, mycrousal, News, Planning News|0 Comments
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The Brexit Vote and UK Property Six Weeks On -HZA

UK Property finance:- Deals for smaller lot sizes have been completing at pre-vote Brexit pricing levels while the high-profile sales pushed through by managers to fund redemption requests have sold at a discount but have achieved “quick sale” rather than “fire sale” prices, reports BMO Real Estate Partners in a catch up research paper on the impact of the EU Referendum on UK commercial property. UK Property finance -HZA Focusing on how UK commercial finance and real estate investment has [...]

By |2021-11-13T09:31:34+00:00November 5, 2017|Blog, mycrousal, News, Planning News|0 Comments
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£200m Luxury Care Home Next to Harrods Gets Consent

A Singaporean developer has gained consent for a £200m luxury care home development - understood to be the first to be built in central London - a stone's thrown from Harrods' iconic department store in Knightsbridge. Singapore-listed City Developments Limited (CDL), through its wholly-owned subsidiary Beaumont Properties Limited, represented in the UK by Dartmouth Capital Advisors Limited, has gained consent for 34 two-bed apartments, ranging in size from 1,250 sq ft to 2,110 sq ft, at 28 Pavilion Road, London, [...]

By |2021-11-13T09:31:40+00:00October 28, 2017|Blog, mycrousal, News, Planning News|0 Comments
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Urbanest Refinances £640m London Operational Portfolio

Bridge Loan:- Central London student accommodation operator and developer Urbanest has refinanced its five-asset, £640m operational portfolio in one of the year’s biggest real estate transactions, CoStar News can reveal. Urbanest has reached a bilateral agreement with funds managed by M&G Investments and Aviva Investors Real Estate Finance for a £350m senior facility secured against Urbanest’s 2,520-bed portfolio of purpose built student accommodation. The refinancing represents a bridge loan-to-value ratio of 55% which implies a valuation on the whole portfolio [...]

By |2021-11-13T09:31:47+00:00October 25, 2017|Blog, mycrousal, News, Planning News|0 Comments
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