An three minute package including comment from Sarah Beeney plus a three-way with a first time buyer who confesses to being raised with the instinct to own his own home. An enjoyable return to Sky News for the first time since 2007. Will it be another four years….? httpvh://www.youtube.com/watch?v=bKBVAP-sPuI&feature=player_embedded
Monthly Archives: August 2011
BBC News
A ‘constipated’ market
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The latest snapshot of the housing market in England & Wales taken by the Land Registry and published this morning shows that sellers have been accepting slightly higher prices in the past month with the average price of a home now estimated at £163,049, up 1.3% on the previous month but still down 2.1% on [...]
Fewer homes selling
The number of homes sold in July in the United Kingdom was just 79,000 according to figures released today by the tax man. The monthly statement from HMRC confirms that whilst in July last year there were more than 89,000 transactions last month the number FELL by 13% In July 2006 there were over 148,000 [...]
Property, Bonds or Wine?
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“People are no longer worried about what sort of return they can get on their money, many are worried about preserving the money they have got.” This was the stark message I was given by a City analyst at the end of last week as fiscal riots ran through the markets and the main indices [...]
What’s it worth? A guide to value.
In the past month I have been experiencing a form or ‘Ground Hog Day’. On at least seven different occasions I have found myself explaining how to work out if someone is asking too much for their property. Speaking to nervous buyers they find the blizzard of house price reports confusing rather than illuminating, rather [...]
BBC News ‘Your Money
The half time scores
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The latest numbers published by HM Land Registry give us a clue to the relative health of the housing market in England & Wales. Taken together with the historic numbers I record and using industry data on average fees from the NAEA we get an idea of the challenges facing sellers and their agents. You [...]