House price increase continuing to slow

House price inflation is continuing to slow, according to the latest results from two leading surveys. Land Registry has stated prices in England and Wales in the year to December 2014 rose only 7%, down from 7.2% in November and the fourth month in a row that the...

The North South property divide

As you all know, house prices had began to increase since the beginning of 2014, but this increase has been unproportionate to say the least. UK house prices ended 9.5% higher than they started in 2014, but the strength of increase was mainly in London and the market...

UK housing market steady, says CML

Restrained sentiment among buyers and sellers is causing some fluctuations in the UK housing market with activity dropping recently, lenders say. Activity “eased back” in November – normally when there tends to be a calm in the housing market, the...

Tesco closing 43 stores

Tesco will be closing 43 unprofitable stores – more than 50% of which will be local convenience shops, known as Tesco Express. The firm is also ending plans to open a further 49 new “large” stores. On top of this, Tesco is closing its staff pension...