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How many families are having dinner and discussing putting their properties up for sale after Christmas, well this could be more important for UK house prices than people think. The market is of course driven by many factors but sentiment is always a...
Many economists believe that the recent announcement to end the current stamp duty holiday will have little if any effect on the continuing UK property recovery.
Chancellor Alistair Darling has stuck to his guns and plans to end the current stamp duty...
House prices have risen greatly in November more than double the amount of house price inflation that many economists had expected. The demand for property has far out stripped supply causing the usual inflationary pressures on the house prices.
House...
The Bank of England has held UK interest rates at the record low of 0.5% in a widely-expected move.
It also announced no changes to its programme of pumping newly-created money into the economy – so-called quantitative easing (QE).
In November, the...
For the fifth month in a row house prices have risen according to Halifax. Its latest survey states prices went up by 1.4% in November making the average UK home worth £167.664.
Martin Ellis who is an economist at Halifax said “The recovery in house...