Blogs

House prices in seaside towns rise by up to 183%

Average prices in these towns have soared by 97 per cent over the past 10 years, a bigger rise than the typical 95 per cent increase seen across England and Wales, Halifax said.

Since 2002, prices have more than doubled in around half of seaside towns in England and Wales, according to the findings.

Seaham, in County Durham, with its dramatic clifftop coastline, saw the biggest jump, with a 183 per cent increase taking typical house prices to nearly £109,000 by 2012.

The Southern Homebuilding & Renovation Show

The Homebuilding & Renovating Show, Surrey will be returning to Sandown Park Race Course on the 30 June to 1 July 2012. Discover inspiration, practical tips and demonstrations, 1000’s of innovative products and free impartial advice at the biggest Southern Homebuilding & Renovating Show yet!

No matter the size, scale or stage of your build, expert advice is a must. You can speak to the panel of experts at the show to help you save money and avoid common project pitfalls.

London property prices continue to rise

Across the UK, the London property market was the only part of the country to see prices rise in April, albeit at the slowest rate since the middle of 2011, according to the latest RICS UK Housing Market survey.

While home prices are falling across much of the UK, regional declines are being counterbalanced by capital growth in London.

A shortage of new homes coming onto the market has created pent-up demand, with an excess of demand over supply especially in Prime Central London.

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'Signs of hope' in Northern Ireland housing market

There has been a slight increase in housing transactions in NI but prices have continued to fall, according to a survey by the Royal Institution of Chartered Surveyors (RCIS).

Greater Belfast fared best and there were signs of more sales activity at the lower end of the market.

Spring and early summer are traditionally the optimum times for buying and selling and this has contributed to the upsurge. However, it is predicted that prices will fall in the months ahead.

RICS housing spokesman Tom McClelland said it was a mixed picture.

Homes gossip: Rihanna looking for London home

She may be one of the world’s most famous pop stars but Rihanna embraces London life just like every other commuter.

Whether she is taking the Tube to her 02 gigs or partying in W1, the Rude Boy singer is a big fan of the capital. So much so that she is on the lookout for a home here as she prepares to film a new Sky Living reality show with Girls Aloud’s Nicola Roberts and fashion designer Henry Holland.

One million face mortgage rate rise

More than a million home owners will see the cost of their mortgage payments increase from Tuesday. The majority of those affected are Halifax customers, who could typically find themselves paying nearly £200 extra a year, following a series of recent rate rise announcements from lenders.

The Co-operative Bank, Clydesdale Bank and Yorkshire Bank are also among those raising rates, blaming the weak economy and the increased cost of funding a mortgage.

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Has your property been on the market for ages?  Or are you just needing to sell quickly? Selling your property at auction is cost effective, simple, fast and stress free, so get the ball rolling and give us a ring!

Pasture land sold at auction for record sum

The escalating value of agricultural land was confirmed when a 2.4 acre parcel of land in Kent fetched a record £76,000 at auction.

The pasture land at Bitchet Green, Kent, was sold by chartered surveyors and estate agents Ibbett Mosely at their second property auction. The previous record for agricultural land locally is £15,000 per acre, so the vendor was delighted with the staggering £36,000 per acre that was reached during bidding.

Good tube links add value to london property

House-hunters in London are paying significantly more in order to have access to Tube and train services, new research has found.

Carried out by Nationwide, the study revealed a £27,000 premium for properties located within 500 metres of the nearest station when compared with premises positioned around 1,500 metres away.

According to the findings, this difference has increased markedly since 2010, with dwellings situated near to the underground's Circle Line likely to be the most expensive.

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