robertbrook + housing   59

First-time buyers 'need £29,000'
"The average couple needs to save at least £29,000 to pay for the deposit and stamp duty on their first home"
uk  housing 
august 2006 by robertbrook
'Affordable homes' in London not so affordable after all
"Threshold Group, a charitable housing association, has sold 86 flats at Chelsea Bridge Wharf that were built for teachers, nurses and police officers to customers who include buy-to-let investors, Hong Kong speculators and City bankers."
london  housing 
june 2006 by robertbrook
Home is where the disaster is
"We don’t like it when the price of clothes or cars go up, and we would positively hate it if the cost of an iPod was soaring. Yet when a semi in Croydon goes up 20 per cent we are supposed to leap about with joy."
housing  houseprices  uk 
november 2005 by robertbrook
What happens next in the wider housing market?
"A few sellers will get desperate and cut their prices. Then a few more will, the market will start clearing at a lower level and suddenly you’ll see the panic in the house-price statistics."
housing  uk 
march 2005 by robertbrook
Bubbly?
Rates down -> Credit Bubble -> Property Bubble
property  housing  rates 
march 2005 by robertbrook
Shelter: 'average first home is nearly 60% less affordable than a decade ago'
"a deepening crisis of affordability across England as mortgage payments as a percentage of income hit a 10-year high of more than 20%."
uk  housing 
february 2005 by robertbrook
'Winter sale' needed to sell houses
"The property market needs a winter sale with prices slashed by up to 8% in order to jump start it"
housing  uk 
december 2004 by robertbrook
Where are house prices heading in 2005?
Out of five asked: two fall, two rise, one static. Helpful.
housing  uk 
december 2004 by robertbrook
The crash is coming
"Buyers will continue to offer less than asking prices and estate agents, who will want to keep turnover going, will advise sellers to accept."
housing  uk 
september 2004 by robertbrook
Bank of England signals rates are near peak
"only one or two more rises are likely before the end of next year"
housing  rates  uk 
august 2004 by robertbrook
House prices 'show steady rise'
"House prices continued to grow rapidly in England and Wales during the second quarter of 2004"
housing  uk 
august 2004 by robertbrook
House prices move higher in July
"UK house prices rose by 1.3% in July according to Halifax, the UK's biggest mortgage lender."
housing  uk 
august 2004 by robertbrook
UK house prices '30% overvalued'
"UK house prices are 30% above their long-term sustainable level, according to the National Institute of Economic and Social Research (NIESR)."
housing  uk 
july 2004 by robertbrook
UK house prices 'keep on rising'
"UK house prices rose by 2.1% in July, and gained by 20.3% over the past 12 months"
housing  uk 
july 2004 by robertbrook
House price rises 'slowing down'
"The cost of the average house in Wales is now £120,277"
housing  wales 
july 2004 by robertbrook
Why have rates stayed the same?
"There were also signs (albeit tentative) that the housing market may have passed its peak."
housing  money 
july 2004 by robertbrook

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