Properties sold in the UK worth more than one million pounds have increased five percent but sales fall in London with fewer buyers.
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Category Archives: House Prices
The difference between the asking and sold property price in London is more realistic reducing to 5% from over 20% four years ago.
The looming election deters sellers with property listings down 15% while lower house prices tempt buyers looking for bargains.
For homeowners the time it takes to sell your property of 12 weeks is at a three year high increasing from 8 weeks in 2016.
The national parks are known as Britain’s breathing spaces and home movers pay £127,000 more to live there than surrounding counties.
Urban homes near public parks, gardens and playing fields are more expensive adding 1.1% premium to the value of your property.
House prices coming to the market in London have reduced by more than £13,000 this month helping to move property more quickly.
Deposits for first time buyers to purchase their first home have increased by 52% over the past decade according to the Halifax.
Affordability levels in London are slowly starting to improve with average earnings rising at a faster pace than house price growth.
Homes in Greater London have risen year-on-year for the first time in two years with new seller asking prices 1.3% higher.