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05.12.25 - 11:06
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UK first-time buyers in best position to snap up property in a decade, data shows (The Guardian)
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Halifax says average price of house was a record £299,892 in November but that affordability is at its strongest since 2015Business live – latest updatesBuyers attempting to get on to the property ladder in the UK have received a lift, after figures from Halifax showed they are in the best position to snap up a home in a decade.Britain's biggest mortgage lender said that the average price of a UK property hit a record high of £299,892 in November, after a marginal month-on-month rise. Continue reading......
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05.12.25 - 10:54
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UK Halifax House Prices Remain Flat In November (AFX)
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LONDON (dpa-AFX) - UK house prices stagnated in November ahead of the Autumn budget announcement, data from the mortgage lender Halifax revealed Friday. House prices registered a nil growth in Nov......
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05.12.25 - 08:36
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UK house prices stagnated in November as south lags behind the north – business live (The Guardian)
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Halifax reports that affordability is now at its strongest since late 2015, after slowdown in price growthHalifax's regional data continues to show a clear North/South divide – prices fell in the south of the UK last month, but were stronger elsewhere.Northern Ireland remains the strongest performing nation or region in the UK, with average property prices rising by +8.9% over the past year (up from +7.9% last month). The typical home now costs £220,716.Scotland recorded annual price growth of +3.7% in November, up to an average of £216,781. In Wales property values rose +1.9% year-on-year to £229,430.In England, the North West recorded the highest annual growth rate, with property prices rising by +3.2% to £245,070, followed by the North East with growth of +2.9% to £180,939. Further south, three regions saw prices decrease in November.In London prices fell by -1.0%, the South East by -0.3% and Eastern England by -0.1%. The capital remains the most expensive part of the UK, with an average prope...
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02.12.25 - 09:24
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UK house prices rise despite budget tax fears, says Nationwide (The Guardian)
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'Mansion tax' announced by Rachel Reeves will have limited impact on property market, building society saysBusiness live – latest updatesUK house prices rose last month despite uncertainty before the budget, according to Nationwide, which predicted that the newly announced “mansion tax” would have a limited impact on the housing market.The UK's biggest building society said the average house price rose 0.3% month on month in November, higher than a 0.1% increase predicted by economists polled by Reuters. The average price of a home was £272,998, up from £272,226 in October. Continue reading......
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01.12.25 - 14:01
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UK Mortgage Approvals Fall In October (AFX)
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LONDON (dpa-AFX) - UK mortgage approvals decreased in October as demand for mortgages to buy houses weakened ahead of the budget announcement, data from the Bank of England showed Monday. Net mort......
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20.11.25 - 10:12
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London Luxury Home Prices Plunge As Wealthiest Flee Ahead Of Tax-Hikes (ZeroHedge)
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London Luxury Home Prices Plunge As Wealthiest Flee Ahead Of Tax-Hikes
Asking prices for UK homes declined more steeply than expected in November, down 1.8% on a monthly basis - the biggest fall in prices for this time of year since 2012.
Interestingly, alongside UK government budget anxiety, Rightmove pointed to "the decade-high number of homes available for sale" and resulting downward price pressure, mostly affecting the higher end of the property ladder.
“Months of pre-Budget speculation has taken its toll on house prices as it has with other parts of the economy,” said Tom Bill, head of UK residential research at Knight Frank.
Colleen Babcock, Rightmove's property expert, commented:
"It appears that the usual lull we'd see around Christmas time has arrived early this year, and sellers who are keen to move are having to work especially hard to entice buyers with competitive pricing...This is a buyers' market."
But the weakness was far from nationwide, with Lond...
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