property transactions
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Features
House price growth is failing to keep up with inflation, says expert Kate Faulkner
Designs on Property tracks and summarises the monthly property indices. Kate Faulkner says, “Property has, in the past, been seen a ‘sure-fire’ earner with some people earning more in a year from their home than from their wages. Now it’s failing to keep up with inflation.”
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Features
House price indices: why we’re Living on ‘Hope Terrace’
Designs on Property tracks and summarises the monthly property indices. Kate Faulkner says, “Lower rates of growth appear to be here to stay, but I don’t think the public or investors appreciate this major shift in property price growth fortunes; we need to be prepared for what happens when they do.”
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Features
Prices slide towards the edge…
Designs on Property tracks and summarises the monthly property indices. Kate Faulkner says, “The last quarter of the year could be tough, with a price and transaction slowdown as opposed to the cliff drop.”
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Features
Read Kate Faulkner’s comprehensive property market snapshot
Designs on Property tracks and summarises the monthly property indices. Kate Faulkner says, “As we know, politics is very fickle. Housing is in danger of falling off the policy agenda as Brexit issues take over.”
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Resources
Brexit + Election = slowing market
Designs on Property tracks and summarises the monthly property indices. Kate Faulkner says, “The issue is stock; NAEA Propertymark reports the lowest number of properties for sale since their records began in 2002. As a result, price growth may slow, but not ‘collapse’.
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Resources
11 buyers for every property!
Designs on Property tracks and summarises the monthly property indices. Kate Faulkner says, “While supply is constrained, this will drive the market forward from a price perspective – as long as people have the money to spend.”
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Features
A window of opportunity?
Designs on Property tracks and summarises the monthly property indices. Kate Faulkner says, “Demand and supply seem to be doing well, so far this year and first time buyers could be in luck.”
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Features
2017: Stability and a level playing field?
Designs on Property tracks and summarises the monthly property indices.
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Latest property news
Property sales boost was no April Fool
31st March was a busy day for My Home Move, completing a record number of property transactions. To help people complete their property transactions before the 1st April stamp duty changes came into play, My Home Move – provider of mover conveyancing services – alongside many others in the industry worked around the clock to complete a record of 1,210 property transactions on 31st March. This was a significant jump of 40% from the previous record in December last year. My Home Move completed more cases on 31st March alone than 93% of conveyancing firms completed in the whole of 2015. As a result, this marked both a record day and record month of completions for the business and is likely to have been a similar story across the industry. The record day also made it a record month, with My Home Move completing a total of 6,178 mover transactions in March, a 22% increase from its previous monthly record in October 2015 (5,060 completions). Doug Crawford (left), CEO, said, “There was a great amount of dedication last Thursday and in the preceding days and weeks to help customers purchasing an additional property and win the race to save on…
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Housing Market
Property transactions go from ‘strength to strength’
Residential property sales in the UK hit an 18-month high in August, following a 3.1 per cent month-on-month rise, the latest figures published by HMRC have revealed. The seasonally adjusted data shows that 106,480 property transactions took place in August – more than any month since February 2014. It is the third month in succession the home sales of more than 100,000 have been recorded, which is welcome news for agents. But sales still remain significantly below the monthly sales of close to 150,000 recorded at the height of the property boom in 2006. The seasonally adjusted estimate of the number of residential property transactions in August rose by 5.7 per cent compared with the corresponding month last year. Peter Rollings (left) CEO of Marsh & Parsons, commented, “Taking into account seasonal adjustment, property sales are going from strength to strength, and showing great improvement from this time last year. “With the spectre of higher interest rates being kept at bay, buyer demand is in full swing and summer sales have continued to blossom in August. After slightly fewer home sales than we would expect in a typical July, buyers last month were showing a new enthusiasm and readiness to…
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