RICS

Rise in buyers and sellers in SW housing market

More properties are coming on to the South West housing market, and stamp duty reform is continuing to provide a boost to sales volumes, according to the latest RICS UK Residential Market Survey.

In the South West, 28% more chartered surveyors have seen a rise in new instructions in January and 24% more respondents have reported a rise in new buyer enquiries. Price momentum, whilst...

Worsening skills shortage could threaten local building projects

Worsening skills shortages in the construction sector could threaten many building projects in the South West by 2019, new research* reveals today.

Data released by the Royal Institution of Chartered Surveyors (RICS) highlights the severity of the skills shortages facing businesses across the region.

More than nine tenths (93%) of the surveyors questioned said that a lack of...

Land prices continue to rise in SW

Farmland demand continued to outpace supply in the final six months of 2014, with land prices in the South West rising again to reach £8,438* per acre, according to the latest RICS/RAU Rural Land Market Survey H2 2014.

Arable land in the South West is currently more attractive than pasture, with the price of arable land hitting £9,250* per acre, with pasture at £7,625*.

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SW house prices to increase by 2% in 2015

House prices in the UK will see an average increase of three percent over the course of next year, bolstered by recent changes to Stamp Duty, continuing demand and lack of supply of property, according to the RICS housing forecast for 2015. The forecast looks ahead to the next 12 months, across all parts of the housing market, from house prices, sales, rents and housing starts and repossession...

Stamp duty reform set to bolster sales in SW

Pace of price growth in the South West accelerated slightly over the last three months and new reform in the Autumn Statement is expected to boost sales

House price growth in the past three months accelerated slightly in the South West and new Stamp Duty reforms see surveyors forecasting a sales boost of between 2-5%, according to the latest RICS Residential Market Survey.

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South West house sales at highest in six years

The number of house sales in the South West has reached its highest point since 2007 according to a survey by the Royal Institute of Chartered Surveyors (RICS).

The survey showed that sales in December were more than double that f the lowest point of the downturn.

Prices are also rising with a net balance of 56 percent more chartered surveyors reported growing prices in the...

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...

Plymouth University to participate in pioneering international sustainability programme

Plymouth University’s green credentials have been further enhanced after it was selected to be part of a pioneering global sustainability initiative.

Already recognised as one of the top five green universities in the world, the University is now one of just six institutions internationally to receive a Global Showcase Award from the Royal Institute of Chartered Surveyors (RICS)....

Housebuilding continues to pick-up across the South West

Housebuilding in the South West is continuing to rebound with chartered surveyors across the region reporting growth, says the latest RICS construction market survey.

During the third quarter of the year, the region’s surveyors reported rises in privately-funded housing projects. Furthermore, on a national level, this is the first time that every part of the country has reported growth...

South West house sales hit highest level in over five years

The number of homes sold in the South West is at the highest level since February 2008 as the housing market recovery continues to gather pace, says the September Royal Institute of Chartered Surveyors (RICS) Residential Market Survey.

The average number of properties sold per chartered surveyor in the three months to September reached 19. Although still historically low, this figure...

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