Blog: Propertymarket

As we start to enter the spring season, the housing market annually sees an influx of buyers and sellers wanting to move. This year is no different, with Rightmove stating this month an increase of 0.8% in prices, however it must be noted that...

The short answer? No. While the current market compared to the post-pandemic market has seen a decrease. When you look at the current market compared to pre-pandemic levels, we are seeing an increase in demand of 8% and an increase in sales agreed...

This month Halifax noted that in January 2023, the average house price was £281,684. This meant no monthly change but overall a decrease of the quarterly change of 3.6%. Kim Kinnaird (The director of Halifax Mortgages) has stated “The average...

New year bounce for the property market!

Rightmove stated in January 2023 that this month has been the “biggest January rise since 2020”, as the monthly asking price increases by 0.9%, this brings the annual price growth to 6.3%. The...

It is a continuing frustration of most property professionals, buyers, sellers and no doubt conveyancers that the whole process from agreeing a sale to completion is time consuming and unnecessarily protracted .here are some simple guides that may...

In September 2022, Rightmove noted that house prices increased by 0.7%, bringing the national average to £367,760, however, this 0.7% increase is in line with the ten-year average for September of 0.6%. Compared to the pre-pandemic five-year...

Over the past couple of weeks, there has been some fundamental things that have happened that could affect the property market. Today we will go through what these are and if you have any questions, please call Peter on 03309 125285 or via our...

In the past twelve months, house prices in the UK have increased by £19,800, which works out to be 8.3%. In the first half of the year, we have seen a strong demand from buyers as well as a good number of sales being agreed, following the same...

DID YOU KNOW?  The average rental price in England for July 2022 was £1,238. This was an increase of 17.96% from £1,050. Goodlord believes this was due to the high amount of student rentals, which included high value properties. This is their...

£369,968 is The average price of properties coming to the market, according to Rightmove, July 2022. This is an annual increase of 9.3% and a monthly increase of 0.4%, which highlights the market and demand is still strong. Compared to July...

Did you know... House prices increased by 1.8% in June 2022. This was the twelfth consecutive monthly increase. This now brings the average UK house price to £294,845, which means an annual increase of 13%. So far in 2022, house prices have...

The average price of properties coming to the market across the UK now hits £368,614 which is the fifth month in a row to beat records. This month alone, prices have increased by 0.3% which works out to be £1,113, meaning the prediction for...

Rightmove (May, 2022) have stated this week that the average house price in the UK has now hit £367,501, meaning an annual price growth of 10.2%. A monthly increase of 2.1% brings prices up by £7,400 and £55,000 higher than pre-pandemic levels....

The increase on the cost of living, has impacted buyers across all types of buyers across the UK. We expect to see the increase continue. Potential buyers are thinking about their monthly repayments mixed with the increase of interest rates and...

House prices now reach an average of £360,101, this means over the last month prices have increased by +£5,537 (1.6%). Since 2007, this is the second time that all sectors and all regions have seen record breaking prices across the board....

The average price of homes coming to the market has now reached £354,564. This is a record-breaking new price for the UK average, with a monthly increase from February of 1.7%. If due to this increase (of on average £5,760) you are wondering...

Nationwide noted today that the annual rate of house price growth for the UK now stands at 12.6% compared to February last year, increasing 1.7% from January 2022. With the average house price across the UK now exceeding £260,000. This...

Rightmove has stated that UK house prices have increased by the largest monthly amount recorded over the last 20 years at 2.3% (£7,785). This brings the overall average price to £348,804. This means since February 2021, house prices have risen...

House prices increase by 1% in November, meaning consecutive increases for five months.

According to Halifax this week, the average UK house price now has a reached a record high of £272,992. This means a monthly change of +1% with a...

This year is set to be the busiest since 2007 according to Zoopla, with one in sixteen privately owned properties on course to exchange hands by the end of the year. This has bought the annual UK property growth to 6.9%, with a strong 19% increase...

No matter if you are buying or selling your home in the Kent area, it is always a good idea to keep up with the local property market. The reason that us at Distinctive Homes advise this is because the thought of moving home is not a quick...

Halifax announced this week that property prices in the UK increased by around 0.7% in August 2021. This brings the average price of a UK property to a record breaking £262,954. This is an annual increase of 7.1%, which is around £26,700 more...

Halifax have noted this week that the quarterly increase of property prices was 2.4% bringing the average price of a property in the UK to £261,221. Property prices increased by 7.6% compared to July 2020 with a 0.4% monthly change in June 2021....

Rightmove reveals another 0.8% monthly increase in the national average asking price.

Yesterday Rightmove released their monthly House Price Index report, whereby they noted this has been the busiest first six months of the year,...

According to Halifax, the house prices in the UK housing market fell for the first time in six months by 0.5%. This meant the average house price in the UK dropped from £261,642 to £260,358 in June 2021. While this could be due to the Stamp Duty...