housing market

Stamp Duty optimism boosts demand for houses in SW

House prices and the number of potential new buyers in the South West rose in December, bucking the general trend across most other parts of the UK, according to the latest RICS Residential Market Survey.

In the region new buyer enquiries turned positive, with 23% more chartered surveyors seeing an increase in December 2014. 22% more respondents in the South West are also seeing prices...

South West housing market reaches breaking point

High housing costs and low wages are pushing many areas of the South West out of reach for local people according to a new report from the National Housing Federation.

South West Broken Market, Broken Dreams warns that while the average house price in the region is now close to £230,000, earnings in the region are among the lowest in England, making house prices on average nearly ten...

Fears that the housing market recovery could "overheat"

As the South West housing market continues to show signs of economic recovery commentators have warned of the danger of the market may “overheat”.

A new report by the National Housing Federation (NHF) argues that “whilst economic growth has returned to many areas, this has caused the already over-stretched housing market there to overheat.”

In their “Home Truths” report they...

Sellers return to the South West housing market in record levels

Rising prices and burgeoning buyer demand have led to significant increases in homes coming onto the South West property market, says the August RICS Residential Market Survey.

During August, 68 percent more chartered surveyors reported increases not decreases in new instructions in the region (from +42 percent in July). This is the highest number since RICS started to record these...

Survey suggests UK housing market is on the road to recovery

The UK housing market appears to have finally turned a corner as buyers returned to the market in their biggest numbers for four years, according to the latest Royal Institute of Chartered Surveyors (RICS) Residential Market Survey.

The survey reveals that during July, the number of potential buyers looking to enter the market grew at the fastest rate since July 2009. Since the start...

Purchaser in their new C G Fry & Son home within just 8 days of viewing

C G Fry & Son has completed on the sale of a detached property at Balidon Place, their award-winning Yeovil development, within just eight days from the purchaser’s first viewing. The new owners visited the site on the Tuesday and reserved the detached house the very next day. Legal completion was achieved by the following Friday and the family moved in on the same day and are now looking...