Tag: <span>House prices</span>

Home House prices
UK house sales to first-time buyers reach highest for 19 years
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UK house sales to first-time buyers reach highest for 19 years

The number of UK first-time homebuyers has hit its highest level since 2002, according to a new estimate. Despite the uncertainty generated by the pandemic and strong house price growth, the number of first-time buyer transactions in 2021 is estimated to be 408,300, according to Yorkshire Building Society. That would be a 35% increase on...

Oscar Wilde’s former street named the most expensive in England
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Oscar Wilde’s former street named the most expensive in England

It was once home to literary and artistic greats including Oscar Wilde, but now Tite Street in west London has a new claim to fame after Halifax named it the most expensive street in England and Wales, with an average house price of £28.9m. The mortgage lender said the top 10 priciest streets in 2021 were all...

UK house sales tumble in July after stamp duty holiday deadline
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UK house sales tumble in July after stamp duty holiday deadline

House sales tumbled by almost two-thirds in July after tens of thousands of homebuyers rushed to complete their purchases in order to beat Rishi Sunak’s end-of-June stamp duty holiday deadline. Following a record surge in activity in June, when 213,370 UK homes changed hands, transactions slumped 62% to 82,110 in July according to official data, after...

‘Frenzied buyer activity’ drives UK house prices to new high
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‘Frenzied buyer activity’ drives UK house prices to new high

Months of “frenzied buyer activity” have driven the average asking price for a home in Britain to a new high, according to the property website Rightmove. The property portal said it expected figures from HMRC due later this week to show that June was the busiest month on record for sales, with buyers rushing to...