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UK house prices fell 1% in 2012, sluggish growth expected in 2013
The UK house prices fell 0.1% in December, ending 2012 down by 1% as compared with the previous year, and recovery seems to be unlikely given the current economic situation, while house prices in...
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UK house prices rise 1.3% in December, prices to remain stable in 2013
The UK house prices rose 1.3% in December, with the average price of a home reaching £163,845, marking the end of 2012 on a stable note, Halifax report said. The outlook for house prices in 2013 is...
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London’s Battersea Power Station homes for sale from tomorrow
London’s Battersea Power Station redevelopment will be on sale from tomorrow, with prices ranging from £338,000 for a studio to more than £6 million for a penthouse. The SP Setia’s development of...
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10 most affordable UK cities for homebuyers
2012 has been an extremely good year for homebuyers with the average price of UK homes coming into the reach of more than 59% of the population as per the Adzuna ‘Affordability Index’ that determines...
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Crest Nicholson plans stock market return to raise £50m to pay off debts
Crest Nicholson is all set to return to the stock market with the announcement of initial public offering (IPO), five years after it was taken over during the housing market crash. The Surrey-based...
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Average London house to cost £383,000 this year, says CEBR report
The average cost of a London home is expected to be £383,000 this year, which is a slower price growth when compared with last year’s property price rise, according to a study by the Centre for...
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UK property prices register a five-year high with 2.8% rise in February
The UK property prices have surged to reach a five-year high, with asking prices rising 2.8% in February to £235,741, the highest figure for the month of February since 2008, up by 1.1% on an annual...
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UK house prices rise by 0.5% in February indicating improved sales
The UK house prices increased marginally by 0.5% in February and by 1.9% in the three months to February, rising to reach £163,600, compared with prices in same quarter previous year, reports mortgage...
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Mortgage lending at five-year high as funding scheme helps first-time buyers
Mortgage lending in the UK was at a record five-year high at the beginning of this year since 2008 buoyed by an increase in first-time buyers through the Bank of England’s Funding for Lending Scheme...
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UK house prices spring back to 5-year high for March with 1.7% rise
The average UK house prices rose 1.7% in March from £235,741 in February to reach £239,710, according to Rightmove house price index, marking the highest ever new seller asking prices in the month of...
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Overseas investors drive London property market to a 3-year high
London property market was buoyed by overseas investors who helped lift house sales to a three-year high in March, and driving home commercial property sales of £2.75bn. Around 17 homes were sold on...
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Nationwide offers lowest ever fixed-rate mortgage deals for hefty depositors
Nationwide has proclaimed that it is trimming the rates on some of its fixed-rate mortgages by 0.1% point, which would make them the lowest in the the company’s history. The Nationwide rate cuts are...
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UK house prices rise to record level in April, May likely to see another high
House prices across the UK have hit the highest level ever registered in the month of April, which is an unambiguous indication of a spring recovery in the real estate market. The house price hike...
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