The annual growth in the banks’ net mortgage lending is 3.9%, substantially ahead of the 1.0% for the whole mortgage market in August, say BBA.
Gross mortgage lending totalled an estimated £12 billion in September, say CML
Fall in value of Edinburgh’s best homes confirms the need for realistic pricing, according to Knight Frank index
Property prices in areas with high rates of public sector employment are set to take a disproportionately hard knock over the coming months, say Zoopla.
Rents in London’s prime residential market have risen 16% since their recessionary low in June 2009, reveals the Knight Frank London Lettings Index.
UK rents exceeded their pre-downturn peak in September to hit a record high, according to the latest Buy-to-Let Index from LSL Property Services.
September saw an influx of new instructions as homeowners tested the property market, driven by concerns over the future of the economy, say RICS UK.
The UK average house price rose by 8.3 per cent in the year to August 2010, compared with a rise of 8.4 per cent in the year to July, reveals the CLG House Price Index.
Transactions in September increased by 3.4% in the month, up 11.5% compared to last September, reveal LSL Property Services/ Acadametrics House Price Index.
Prices in the third quarter of 2010 were 0.9% lower than in the second quarter of 2010, reveal Halifax
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