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Strengthening Market in 2014
October sees further rises in UK house prices
Going away? Top Tips for Winter Property Maintenance
9 winter garden tips
Housing supply back on the increase as house hunters stay serious

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Strengthening Market in 2014

 After years of average performance since 2008, this year saw the British property market roar back to life. According to Halifax, prices rose by 7.7 per cent across the country as a whole. In London, the figure was more than 10 per cent. Elsewhere, growth was not so strong – parts of the North and the West Country, in particular, might ask when this economic recovery is going to arrive. But in general, 2013 was a success story for British property. What will 2014 bring? 

Instructions for surveys are continuing to rise each month as confidence in the market returns. Demand is currently outstripping supply and we are already seeing signs of gazumping. If you are considering a survey I recommend you call us as soon as possible in order that your instructions may be progressed quickly and efficiently by Rainfords Chartered Surveyors

October sees further rises in UK house prices

According to data released from the latest Nationwide HPI, house prices are now around 7% below their 2007 peak.HEADLINES  

                                                   OCT-13      SEP-13
Monthly Index*                          345.

Going away? Top Tips for Winter Property Maintenance

Top Tips for Winter Property Maintenance

It’s vital to remember to protect your property during the winter months, especially if you are taking that long overdue Winter break; there are a few simple steps that you can take to avoid costly surprises –

      • Protect your pipes from freezing – You should remember to leave the heating on a low temperate, even if the property is unoccupied, to avoid pipes freezing and bursting.
      • Check drains and gutters – It is advisable to instruct a maintenance contractor to visit your property to ensure that your drains and gutters are not blocked.

9 winter garden tips

There is still a lot to do in the garden to make sure that it’s ready for next year and looking even better.

9 must do’s for the garden this Winter:

1.  Attend to the garden infrastructure

Replace cracked or disintegrating pavers, broken lights, damaged outside furniture, clean out bird’s nests and flood debris, and generally spruce the garden up. Tidy the garden borders and tie climbing plants securely to the wall or fence in readiness for the gale force winds. Clear all the autumn leaves and then sweep all the drives and paths.

Housing supply back on the increase as house hunters stay serious

Last month saw an increase of nearly ten percent (9.6 percent) in the supply of houses coming on to the market, according to the National Association of Estate Agents (NAEA).

Figures from the NAEA September Housing Market Report showed a leap in properties entering the market, up from an average of 52 in August to 57 in September - putting a halt to four consecutive months of decline since April 2013.

NAEA members also reported a drop in the number of house hunters registering with agents, down from a recent high of 322 in August to 314 in September.

Help to Buy 2 launches

A landmark £12billion scheme to help thousands of people buy a home of their own will be officially launched today by the Prime Minister and Chancellor.

High Street banks including Natwest, RBS, Halifax and Bank of Scotland will start offering new Help to Buy mortgages this week.

And today Virgin Money has also confirmed they will participate in the scheme, and will be offering new guaranteed mortgages to borrowers in the New Year. Aldermore Bank has confirmed that it is joining the scheme in January, and is exploring whether this date can be brought forward.

North West Business Award Nominations

Please spare 2 minutes to vote for Rainfords Chartered Surveyors for best customer service and best property company in the North West. Nominations are open until 31 October 2013

Asking prices hit their highest ever

Asking prices hit their highest ever, says Rightmove Monday 20th May 2013

New records have been set in sellers’ asking prices, Rightmove said this morning.

The average asking price of a property new on the market is touching £250,000 for the first time, while in London it has soared past the half a million pound mark for the first time.

According to Rightmove, new sellers have bumped up their asking prices by 2.1% over the last month, to stand at £249,841 – nine times the average pay packet.

House prices up 0.3pc in April

House prices grew by 0.3% during April with London continuing to drive growth, the latestHometrack National Housing Surveyhas revealedHometrack believe that the fundamental indicators of a healthy property market are back in place in London with the capital driving the overall rise in house prices.

Its latest monthly survey shows that house prices rose by 0.3 per cent on a monthly basis in April. Price increases have been influenced by a lack of new homes coming onto the market.

Director of research at Hometrack Richard Donnell, commented: 

May 2012 RICS Housing Market Survey

Activity stalls as temporary stamp duty boost fades• 

Price balance improves but remains negative

• Activity runs out of momentum

• Outlook becomes increasingly uncertainThe May 2012 RICS Housing Market Survey shows the price trend to still be negative, albeit a little less so than in April, with most activity indicators at best flat or turning a little softer. This reflects, in
part, some payback from the stamp duty exemption boost seen previously but also the broader increase in global risk aversion in the face of the worsening euro crisis.
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