by Taryn Johnston | Jun 23, 2021 | Mortgages
Residential property sales reached their highest May total for seven years last month as buyers rushed to take advantage of the stamp duty holiday, according to official figures. There were 103,100 residential sales in May on a provisional and non-seasonally adjusted...
by Taryn Johnston | Jun 7, 2021 | Mortgages
Construction order volumes grew in May at the fastest pace since records began 24 years ago, driven by the house building sector, the construction Purchasing Managers Index (PMI) showed. Construction output as a whole rose above pre-virus levels in May, with the house...
by Taryn Johnston | May 26, 2021 | Mortgages
The percentage of properties selling for over the asking price reached the highest level on record as eager buyers outnumbered available properties by 16 to one, according to NAEA Propertymark. The trade body says that 32% of properties sold for more than asking price...
by Taryn Johnston | May 21, 2021 | Mortgages
House prices in the UK rose 10.2% in the year to March 2021, the highest annual growth rate seen since August 2007. However, the figures from the Office for National Statistics come with the caveat that less transaction data is available for March, meaning there may...
by Taryn Johnston | May 14, 2021 | Mortgages
A Commonhold Council has been established by housing secretary Robert Jenrick to allow homeowners to collectively own the building their flat is in, the government has announced. The advisory panel will prepare homeowners for the take up of commonhold ownership,...
