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House Prices To Establish New Record

Even though the UK government seems to be willing to help the housing sector, house prices in England, as well as in the Wales, are still higher than the costs existent on the market last year. Sales increased in April, but it looks like this evolution had no influence on reducing the prices, too. Sales [...]

UK Property Market: The Help To Buy Scheme

Economists currently believe that the UK government has made a huge mistake. George Osborne’s help to buy scheme may not register the expected success. The scheme was initiated with the main purpose to help boost the housing sector. The idea was to sustain a growth on the housing market, through state mortgage subsidies. While some [...]

Regional Differences in House Prices

According to the latest Land Registry report, house prices rose by 0.1% in March in England and Wales. However, the headline figure disguised a mixed pattern of rises and falls around the regions, showing some significant regional differences. Source London kept on recording the largest increase, with prices rising by 2.5% in March alone. The [...]

Houses in Liverpool to Be Sold for £1

Liverpool City Council has recently revealed plans to put up for sale up to 20 vacant houses for the unbelievable price of £1 each. Cabinet members gave the green light to this project, which will see these Kensington and Granby houses change hands in a rock bottom price deal. Source These homes are offered only [...]

Less Social than Private Tenants in England

For the first time in half a century, there are less people in England renting from councils or housing associations than people renting from private landlords. According to the English Housing Survey (EHS) for 2011-12, the rising number of private tenants – 3.84 million – managed to outnumber the 3.8 million in social housing. This [...]