RICS

RICS launch guide to help small businesses manage their property assets

The Royal Institute of Chartered Surveyors (RICS) has today launched a guide to help small businesses take better control of their finances through managing their property assets differently.

Property costs – such as business rates and rent – are one of the most significant expenses incurred by SMEs and failure to take professional advice as to how to manage them could costs businesses...

Bank of England should limit house price inflation, says surveyors' body

Research by the Royal Institute of Chartered Surveyors (RICS) proposes cap on price growth

The Bank of England’s Financial Policy Committee should consider limiting annual house price inflation to 5% in order to prevent another housing bubble, reckless bank lending and a dangerous build up in household debt, according to new RICS research launched on Friday 13 September.

RiCs...

South West Farmland prices more than treble within nine years

Farmland prices in the South West hit yet another record high during the first half of 2013 and have now more than trebled in less than a decade, according to the latest RICS Rural Land Market Survey H1 2013.

During the first six months of the year, the cost of farmland jumped to £7,250 per acre across the region, hitting a record high for the eighth consecutive period. The cost of...

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...

House sales hit three-and-a-half year peak, says RICS residential market survey

The number of homes sold in the UK over the past three months reached its highest level since January 2010 as buyers across the country began to return to the market, says the latest RICS residential market survey (11 June 2013).

Chartered surveyors in the UK sold on average 17.9 properties during the three months to May. While low compared to the market peak of six years ago, it still...

South West sees fall in house prices

House prices in the South West fell slightly in the month to September 2013; a surprise drop that mirrors the UK trend.

The house price index level dropped very slightly from 171.7 in August to 171.3 last month, according to figures released by the Office for National Statistics (ONS) which also show a slower rate of price increase for the South West in the 12 months to September 2013...

Surveyors warn of property shortage as demand and prices rise

The Royal Institute of Chartered Surveyors (RICS) has warned of a serious shortage of properties to meet rising demand from potential buyers; resulting in increasing house prices.

In its October Residential Market Survey, RICS reports that house prices jumped once again last month as rocketing interest from would-be buyers dwarfed the amount of properties coming onto the market....

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