The Halifax released its UK housing market report for June on the 6th July 2018. The report suggest that house prices in the UK remain flat and there has been a slight slowing in growth of property values from May to June. They also report that market activity levels and mortgage activity remain steady. The Halifax are standing by their view that house prices across the UK will increase by a forecast range of 0 to 3% for the full year. Average house price across the UK is £225,654
A report from accounts Moore Stephens says that 27% of estate agents are struggling financially, they say as there is a long term decline in property sales. They also say that the ban on lettings fees for tenants expected to be introduced next year will impact further
UK house prices have grown at the slowest rate in five years in June, with London remaining the weakest spot as strained household finances and economic uncertainty kept buyers away says Nationwide Building Society property market report
Read the full story on the Guardian website
Nationwide market report says UK house prices rose by 2% in the past year, it said, with prices slightly higher in June than in May. The month-on-month rise was 0.5%, making the average home worth £215,444.
Read the full story on BBC News Website
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A CONTROVERSIAL new Hampshire housing development needs a £30m Government cash injection to go ahead, an MP says.
Suella Fernandes, the new Fareham MP, threw her weight behind the proposed 6,000-home Welborne development, earmarked for land north of Fareham.
It comes after the Daily Echo revealed the scheme has already cost more than £2 million.
Read the full story on the Southern Evening Echo website
Plans to revamp Southampton’s waterfront with a £450m development are to go on show.
The Royal Pier Waterfront development, includes 730 apartments, restaurants, up to 50 shops and a 250-bed hotel.
It will also incorporate a casino, which has been granted a licence by the government for up to 150 slot machines and 30 blackjack and poker tables.
If it goes ahead, construction could start on the first buildings in 2017 with the development completed by 2032.
The plans could see the park space at Mayflower Park made bigger with a Spitfire sculpture in the city where the plane was first built.
Full story on BBC News Website