Inflationary pressures fell in the UK in December, as CPI consumer price inflation fell back to 4.2% over the year, down from 4.8% for the year to November.
The last time there was a sharper decrease in the annual inflation index was between November and December 2008.
The annual rate of inflation excluding the impact of indirect [...]
House prices will increase by 15% over the next four years due to a shortage of properties in the face of rising demand, according to economists.
The Centre For Economic And Business Research (CEBR) forecast that the average price of a three-bedroom home will rise by more than £25,000 by 2016,
This would take the average price [...]
Overall, prime central London prices have gained 40% from the low point hit following the collapse of Lehmans.
According to the latest Prime Central London Index published by Knight Frank, demand from cash-rich buyers and foreigners looking for a safe haven for investment have caused prime house values to rise more than 7% higher than they [...]
The UK economy may be suffering from the economic downturn – but not so one of the country’s most famous and exclusive brands.
Sales of Rolls-Royce Motor Cars – now owned by BMW – surged 31% in 2011 to 3538 cars.
That figure is the highest number of vehicles sold any year in the company’s history, which [...]
More than £800m of capital piled into UK student accommodation last year as investors sought to benefit from a shortage of university housing and growing numbers of wealthy overseas students.
According to property agent CBRE, institutions and overseas buyers are being attracted to the sector by its stable income as the rest of the property market [...]
Financial institutions from around the world poured more than £2.2bn into the UK residential property market in the 2010/11 financial year, with the student accommodation sector proving a particularly popular investment target. According to the London law firm Wedlake Bell, residential investment levels are now “at their highest levels since before the credit crunch,” and [...]
Better financial management and getting into the savings habit rank among the top five New Year’s resolutions Britons are making this year, according to a survey for Skipton Building Society.
Although more traditional pledges like losing weight (31%) and exercising more (31%) still feature highly, financial resolutions are well up there, with 40% of people planning [...]
The National Association of Estate Agents has revealed its predictions for the UK property market over the next 12 months.
Chief executive Peter Bolton King said 2012 would see a “gradual” recovery for the UK property market, as it continues to bounce along the bottom – with no “great upturn” to mark a change from the [...]
Woking in Surrey recorded the biggest rise in house prices among major UK towns and cities over the past year, according to the latest Halifax Town House Price Survey.
Based on Halifax’s own house price data, the average selling price in Woking was 16% higher than in the previous year, increasing from £257,590 in 2010 to [...]
This year has been challenging for the housing market, but things may be set to get worse before they improve in the Private Rented Sector, according to the Association of Residential Lettings Agents.
Ian Potter, operations manager at ARLA, said: “The package of measures unveiled in the Government’s Housing Strategy could go some way to helping [...]
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