house prices stable, says halifax - Published:19/12/07
UK house prices rose last month, indicating that the possessions market is strengthening, a new report claimsFigures from Halifax indicated a 02 per cent increase in possessions prices for July 2006 following two months of fallsThe high road lender suggests that new falls and increases mean that the market is becoming more stable and has raised its full-year predictions for house price enlargement, from three per cent to five per centThe standard UK home now costs £177,020 and the standard rate of house price add to is 88 per cent Halifax predicts that present high levels of employment will continue to petroleum the property marketHalifax chief economist, Martin Ellis, commented: "We expect the annual rate of home price inflation to ease, partly because the corresponding figures last year were strong greater than before pressure on householders' finances and rising speculation of interest rate rises are also probable to curb demand"The Bank of England's Monetary Policy Committee (MPC) is due to create its monthly decision on interest tax this morningThe MPC is expected to keep the cost of borrowing at 45 per cent, but it is expected to be the closest decision for many months Analysts are forecasting a quarter tip increase before the end of this year amid strong price rises, house prices and economic growth in Britainconditions of use Advertising Resources Product guides Press releases About us.
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Rising fortunes of coastal towns - Published:15/11/07
British seaside towns have become hot property over new years, but while Cornwall, Dorset and Devon clutch the headlines, homebuyers can still combine bargain prices and quality of existence on the coastA new report has optional buyers looking at less chic coastal towns could be on to a winner A study by Halifax has used its yearly review of seaside town house prices and its quality of existence survey to reveal which coastal towns are contribution the best value for moneyIt found that while fashionable resorts such as Sandbanks, in Dorset, may have the uppermost house prices and former industrial towns such as Seaham, in the North East, have seen the biggest cost gains, it was middle-of-the-road towns that had the best prospectsThe top ten seashore towns offering the best value for money included Bridlington, in the North, huge Yarmouth, in the East, Southend-on-Sea, in the South East, and Weston wonderful Mare, in the South WestAll enjoyed their heyday during the glory days of the British seashore before seeing their popularity wane with the influx of cheap foreign travelBut thanks to regeneration, the willingness to travel further and technology enabling more populace to work from home, the once faded towns are taking on a new lease of existenceColin Kemp, of Halifax Estate Agents, said: 'seashore towns tend to have house prices that are at a best to their surrounding areas and have generally seen strong home price growth over the past few years'There are still some bargains to be had for homebuyers Bridlington, Lowestoft and huge Yarmouth are the three seaside towns in Britain that offer the best worth for money'Several seaside towns in the South East also present a combination of relatively low property prices and a high excellence of life'Over the history three years, Seaham in North East England, has seen the main house price rise of an English coastal town, with the price of an average home rising 63% to £122,000Halifax said the average seashore town has prices at a premium of £5,300 above their region's average, although the most chic areas far outstrip their surrounding areasThis is most pronounced in Britain's most expensive coastal municipality, Sandbanks, where the average house costs £488,750, has prices that are 106% higher than the Dorset standardExperts predict seaside towns will carry on to benefit from above average price rises, with strong demand for next homes and demand from the baby boom generation as it begins to retire approaching up valuesBut even in the heated property marketplace in the South East of England there are family member bargains to be hadHalifax named Bexhill, in East Sussex, Herne cove, in Kent, and Southend-on-Sea, in Essex, as having standard prices below £200,000 and being in the top 20 seaside towns for excellence of lifeSouthend is considered a major example of a seaside town reinventing itself as a well-liked place to live, thanks to its seaside location and trains to middle London in one hourStavros Antonio, 28, moved to Southend from London last day and is looking to buy his first house in the town, where he works for his family's mind businessHe said: 'Southend has changed a lot since in the years that I have been visiting and is now a high-quality place to live'I could get a two-bedroom flat with a garden for the price of a minute studio flat in London but still get back to visit my friends in less than an hour if I want to'Our daughter is planning to pay money for a home in Morecambe where prices are still very affordable with a 4 bed 100 year old terraced home costing less than £120k A lot of regeneration is taking put in Morecambe and we expect that means that prices will increase as the municipality makes its mark as a dormitory town for Lancaster where money is torrential inSelect a loan term 12 months (1 day 24 months (2 years) 36 months (3 existence 48 months (4 existence 60 months (5 existence 72 months (6 existence 84 months (7 existence 96 months (8 existence 108 months (9 existence 120 months (10 years)Please select a kind of insurance Life insurance Home and contents Car Breakdown services physical condition - medical physical condition - dental Travel favorite - dog favorite - cat GOThinking about investing in property This is Money has the best buy-to-let in order.
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First-time buyers facing higher costs, study shows - Published:16/11/06
First-time buyers looking to find a mortgage are judgment it 60 per cent tougher than their parents did, new investigate has revealedAlthough incomes have risen progressively since 1970, the price paid for houses has outstripped this, according to figures from coalition TrustFurthermore, in some regions it has become harder to find a mortgage, with London's house price to pay ratio increasing to 66 per centLondon is now the hardest area in which to find a mortgage for first-time buyers, with home prices reaching 44 times income - rising from 26 per cent in 1970Shona Dobbie, head of the Alliance faith Research Centre, commented: "These info clearly show it is becoming harder for first-time buyers to break into the housing marketplace"In recent natural life, buy-to-let investors have taken on the traditional role of first-time buyers in keeping the marketplace going, but you really require first-time buyers to sustain prices over the longer term"new figures from Halifax found that house prices have risen by 187 per cent in the last decadenowadays's Most Popular Results Mortgage Enquiry Form Need existence Insurance ------ Mortgages - Information Mortgages - house ------ Financial Services - houseNone of the information on this website is intended to endorse any exact mortgage product or provide mortgage advice Mortgagescouk is a non-regulated trading name of monetary Services Net Ltd[Terms & Conditions]more sites:railway wagon insurance| home insurance | cheap flights | ink railway wagontridges.
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