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Category: News

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December saw the fourth successive positive monthly reading, although feedback points to only marginal growth throughout this period.

Hope Capital adds two BDMs

Roz Cawood, director of sales at Hope Capital, said: “We are delighted to welcome Danielle and David to the Hope Capital team. Danielle and David have extremely successful track records, so I have no doubt they will both be fantastic assets to the business.”

UK average house prices increased by 10% over the year to November 2021, up from 9.8% in October 2021, according to the Office for National Statistics’ (ONS) UK House Price Index.

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The fall in the index was mostly driven by a 7 point reduction in the remortgage approvals indicator, stemming from slower growth in average approvals values.

Martijn van der Heijden at Habito, said: “For any homeowners on a variable rate or standard variable rate deal, we think now’s the time to consider whether fixing their mortgage rate is right for them.”

The keys are expected to land somewhere in the UK and will contribute to the purchase of a home, with the average property in the UK currently worth £276,091.

However, 40% of brokers believe a lack of housing supply is the biggest challenge facing the new build sector.

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Average UK house price were £271,000 in November 2021, £25,000 higher than the same time the previous year.

prices drop

Those regions which have seen a slight drop in rental yields over the last year, on the whole only posted a figure slightly down on Q4 2020.

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Month-on-month, Scottish house prices rose by 0.2% in November, with the average price now £213,109.