Northern Ireland is forecast to see the highest house price growth in the UK this year, with the latest report predicting an 11% rise in house values.
The region is likely to see ongoing increases in prices according to the latest residential market survey from the Royal Institution of Chartered Surveyors (RICS) and Ulster Bank.
This is based on a comparative analysis between our price indicator and data from the Office for National Statistics (ONS) while for the UK a... Read more
There are a range of variables that affect house prices, including supply, the cost of borrowing and population growth. But probably the most confusing element at the moment is the UK government's housing policy.
Looking at price relative to after-tax income levels, house prices in Great...
Conveyancers’ confidence in the market is rising, as workloads increase.According to new findings, 66% of solicitors have seen their volume of conveyancing work increase so far this year, compared with 52% at the end of last year.
The survey, by SearchFlow, pooled the views of 128 conveyancers across England and Wales between January and May 2015 and findings revealed positivity in market forecasts.
Looking forward to the end of 2015, 44% of those surveyed believe that the market...
Property bodies say shortage of homes for sale combined with increase in demand will drive cost of housing to unaffordable levels
UK house prices are forecast to rise by 25% over the next five years and become “ever more unaffordable”, largely because of an acute shortage of homes for sale, a leading property body has warned.
The Royal Institution of Chartered Surveyors (Rics) said the supply of homes for sale – as measured by the average numbe...
Just over a quarter, 26%, of house sales in the UK were made to first time buyers in April but estate agents are warning that with prices increasing it could be harder for them in the next few years.
Sales to first time buyers are up from 22% in March, according to the National Association of Estate Agents (NAEA) April Housing Market Report.
However when looking further ahead, 93% of NAEA agents do not see first time buyers having substantial cut thr...