Rainfords Surveyors

House price growth on the rise says Nationwide

According to new data from the Nationwide house price index, UK house price growth has risen in July by 0.4%, boosting the annual pace of house price growth to 3.5%. The New data also revealed that the average house price now stands at £195,621, up from £195,055 in June. Robert Gardner, Nationwide’s Chief Economist, said:.. read more →

05 Aug 2015
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Is the main barrier to home ownership saving for a deposit?

Even with the ongoing increase in high loan-to-value mortgage availability, British households still believe the main barrier to home ownership in the UK is saving enough money for a deposit. This is the view of British households taken from the latest Genworth Index by global mortgage insurer, Genworth. The Index report compares British consumers’ financial.. read more →

04 Oct 2014
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September slowdown: UK house prices dip by 0.2%

UK house prices fell by 0.2% in September following sixteen consecutive monthly price rises, as annual house price growth slowed to 9.4%. Monthly Index: Sept 374.9 Aug 375.5 Monthly Change: Sept -0.2% Aug 0.8% Annual Change: Sept 9.4% Aug 11.0% Average Price (not seasonally adjusted) Sept £188,374 Aug £189,306 Commenting on the figures, Robert Gardner,.. read more →

01 Oct 2014
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FTB buyer market dominated by thirty somethings

he younger generation continues to be squeezed out of the housing market, as the number of buyers aged between 18 to 30 remains at an all-time low at just 3% The NAEA’s August Housing Market Report shows that the number of first time buyers (FTBs) increased for the first time since April this year, from.. read more →

29 Sep 2014
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Return of the 20% deposit?

Withdrawal of Help to Buy 2 and return to 20% deposits in Q1 2017 would see time needed to save for a deposit increase from under 3 years to over 10 years. The scheduled end of the Government’s Help to Buy mortgage guarantee scheme (HTB2) by 2017 – and the likely return to average 20%.. read more →

20 Sep 2014
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RICS outlines its solution to tackle UK’s chronic housing problem

RICS have proposed a new solution to solve the UK’s chronic housing shortage in the RICS Property in Politics report. Among a raft of recommendations, the report recommends the introduction of a new land classification, Amberfield – which would create a pipeline of ‘ready to go’ land, increasing housing supply and promoting development opportunities. Under.. read more →

16 Sep 2014
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Strengthening Market in 2014

After years of average performance since 2008, this year saw the British property market roar back to life. According to Halifax, prices rose by 7.7 per cent across the country as a whole. In London, the figure was more than 10 per cent. Elsewhere, growth was not so strong – parts of the North and.. read more →

22 Mar 2014
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Going away? Top Tips for Winter Property Maintenance

Top Tips for Winter Property Maintenance It’s vital to remember to protect your property during the winter months, especially if you are taking that long overdue Winter break; there are a few simple steps that you can take to avoid costly surprises – Protect your pipes from freezing – You should remember to leave the heating.. read more →

11 Nov 2013
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9 winter garden tips

There is still a lot to do in the garden to make sure that it’s ready for next year and looking even better. 9 must do’s for the garden this Winter:1.  Attend to the garden infrastructure Replace cracked or disintegrating pavers, broken lights, damaged outside furniture, clean out bird’s nests and flood debris, and generally.. read more →

02 Nov 2013
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October sees further rises in UK house prices

According to data released from the latest Nationwide HPI, house prices are now around 7% below their 2007 peak.HEADLINES                                                    OCT-13      SEP-13 Monthly Index*                          345.4     341.9 Monthly Change*.. read more →

31 Oct 2013
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