News

Icy start to 2010 cools markets

UK house prices fell for the first time in 10 months in February as icy weather put off house hunters, the Nationwide building society has said. Average property values dropped by 1% compared with January, with the average home worth £161,320. But the annual rate of...

Stamp Duty Holiday Boosts Sales

Sales of homes below the stamp duty threshold in England and Wales rose sharply in the last three months of 2009, research has shown. Transactions in areas where the average price was below £175,000 increased by 10.2% compared with the previous quarter, said the...

Snowy January slows sales but prices still rise

Activity in the UK housing market was frozen by the snowy weather, although prices continued to rise, according to surveyors. Buying and selling activity fell during the month owing to the extreme weather conditions, the Royal Institution of Chartered Surveyors (Rics) said...