House prices are continuing to rise – at their highest since December 2006 – with London leading the price upturn (the highest for 13 years), according to the Royal Institution of Chartered Surveyors (RICS).

The rise has occurred in spite of the increase in new house instructions – 15% of surveyors had reported such an increase, compared with 5% in September.

Meanwhile, the number of properties bought as buy-to-lets have also increased. According to the Council of Mortgage Lenders (CML), the UK buy-to-let market grew in the third quarter of 2009 – the first growth in two years – and buy-to-lets currently represent around 11% of the mortgage market. (Click here for the whole article)

And another interesting factor: Did you know that on average 1 in 3 of all property sales and lettings originate from a tenant seeing an Estate Agent Board outside the property. Click on the link to get your Estate Agent Board from UKHousing. 

The whole article can be found at http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSLG18893120091018

Good news for Home Sellers

Asking prices for homes in England and Wales rose on an annual basis for the first in more than a year in October, property Web site Rightmove said, buoyed by a dearth of properties coming onto the market.

Asking prices rose 0.2 percent on the year -- the first annual rise since June 2008 -- taking them to an average 230,184 pounds.

On the month, asking prices rose 2.8 percent, the biggest increase since February 2008 and the largest for a month of October in six years, Rightmove sa

If you are currently looking for how to sell or rent your house privatley then look no further and sell or rent your house online with UKHousing.com. With 80% of house hunters going online to look for a quick house sale, there has never been a better time to sell your house privately. 

Rics said that the optimism was being partly driven by a rise in interest from potential buyers, as new enquiries about homes rose for the ninth month in a row -
though it cautioned that the rate at which they rose was slightly lower than in June.

 Uk Housing can help to sell your house privately or can offer information on private renting.

It was more doom and gloom from the Royal Institute of Chartered Surveyors this week with news that house prices had continued to fall. The number of surveyors reports a decrease in prices was 76%, up from 74% in the previous month. However, the same surveyors also noted that the numbers of buyers had increase by 16%. I first read this story with a feeling of trepidation as this inevitably means more bad news for the property market, but it later made me think that if things were that bad no-one would be buying at all! 

January in particular has been reported to be a very positive month for property, especially in London of all places. This increased buying could actually stimulate the market and generate a recovery. I read an article here that supported this and even showed that First Time Buyers actually increased in the beginning of 2009. If the property was actually in such a state, then the first time buyers would definitely be the ones who would not be in the mood to buy property. However, seen as this cannot get any lower and we have maybe reached the bottom of this recession, the road to recovery is definitely on the horizon and this might be encouraging people to take advantage of the current market. 

This isn't the sign that we are definitely on the road to recovery as we need to make finance easier to obtain. This does mean that some things could be made easier for some people and the thought of selling your house doesn't have to be locked to current state of the market. If you're looking for a houses for sale uk, buy now and contribute towards the recovery.

In an attempt to solve the long term recession forecast, the Bank of England has cut official interest rates by half a percent to 1.5 percent...the lowest level in its 315-year history. So what will come of this?

Its hard to ignore the effects of the global credit crisis at the moment, house prices are falling, consumer spending has decreased and major retaillers have collapsed under the pressure. It seems that no-one is immune from this, as we saw the demise of Woolworths recently after nearly 100 of trading. The future might appear bleak but as with the previous recession of the early 1990s, we might see a light at the end of the tunnel. 

There is no doubt that the bank of England is under pressure as this latest cut moved them closer to the limits of monetary policy with a 0% interest rate. Now there is increasing pressure to avoid deflation and solve the effects of a weakening sterling whilst at the same time do everything it can to slow the impact of the recession. A big effect of this has been concentrated on house prices in the UK. Property no longer is the stable market that it was as the Housing makret has suffered its worst year on record falling by up to 16%. A similar pattern has been seen in the Service Sector, which makes up 75% of the UKs economy, where the fall was at a record pace in 2008 according to a survey by the Bank of England (BOE). 

On a more uplifting not, the BOE have given a warning about lending to houses and business is set to fall at the beginning of this year and consequently leading to more businesses going under and another fall in house prices. Whilst we are trying to protect our ecnonmy and increase people's confidence in the economy and securing jobs, can we really see when this will stabalise?

Yet we must look to the positive effects of the interest rate cuts and how this can jump start the depressed economy. With the co-operation of banks and other lenders to pass on the cuts we could see a positive effect. This will take a bit of time but the effects can be just what we need. The more support that is on offer from Banks and the Government alike, we must see any proposed changes as a step in the right direction. At least the Government and Bank of England are actually being proactive and creating solutions...however debatable they are!

Are you suffering from the effects of the failing property market? If you are looking for help and advice on selling your home then UKHousing.com can provide you with an answer. UKHousing.com provides people with the means to sell their house privately and without estate fee. We have a extensive portfolio of houses for sale UK all by the owner. Visit www.UKHousing.com and see how you can save money on your House Sale. 

As a first time buyer I want to know when god.. jehovah, allah, yahwe or the universe is going to give me  a break! 

I’ve been in the home owning wilderness for the past five years and being treated like a leper by the home owning democracy, for being too poor to join their club, despite earning more than the national average wage. I was also sadened by a Guardian Article on first time buyers and the cost of deposits.

Picture the scene...Me and my significant other at dinner parties and so desperately wanting to be able to say, “yeah...my house as gone up by 10k last month alone..” and “..gemma and I are thinking of upsizing soon...

I felt like Charlie of Charlie and the chocolate factory fame. Pressing my face against the shop window, looking longingly at magical creations of houses for sale UK on display but knowing that I could only hope to imagine the taste of what lay within, as no matter how much I hoped, the chocolate treasures would remain out of reach.

Well, with the recent falls in house prices I  could see my dream becoming a reality.. Once again I am Charlie… The Americans with their woeful oversight of their financial institutions have given me the bar of chocolate that I’ve been waiting for...

Tentatively, I ease the wrapper away from it contents and see something foreign.. It’s the ticket.. I find myself clawing at the wrapper, unble to control my fingers, my mind racing unable to comprehend or accept the possibility that I’ve may have found the ticket.  Yes I have the golden ticket!

I can now join the club.

The only problem is, when I present my golden ticket at the gates of the chocolate factory to a guard, let’s call him Mr Banker, (rumours are that he’s not very good at his job  and I hear he over indulges from time to time), he tells me that this golden ticket is no longer valid because of Mortgage rationing.

Now I'm only 8 years old and have no idea what that is… So I’m back outside the shop looking in… (again). 

But come on...didn’t we give you guys bucket loads of money not long ago?.  The decent thing to do would be to some a little back. 

I’m advocating responsible lending not, punitive lending. 

If I were a cynic I’d say that banks really don’t want to lend any money because they need to pay the government back the money that was lent, so they can get back to paying incompetent staff mega bonuses...but that’s if I were a cynic.

If we were all to take note of the constant doom and gloom in the current financial situation of the UK, I’m sure that no-one would even leave the house for fear of losing money or at best – to save money! However, with the inevitable cycle of boom and decline there are some good things to be aware of…or are there?

Reading a current online article about UK house prices crash, I was reflecting on the housing boom period that was fuelled by such programmes as Property Ladder or Location, Location, Location. Since we have all been told about the housing market being as safe as ‘houses’ and that the market could not crash, it comes as no surprise that we don’t see these programmes at the moment. 

But this is not all doom and gloom. Reading another article on the BBC it was reassuring to see that property sales rose in October for the second month in a row according to the National Association of Estate Agents (NAEA). This means that sellers were being more realistic with their asking prices stimulating the market to buy.

As people have realised that they need to cut prices in order to sell it now becomes evident that the sellers no longer hold all the aces. People are looking for better prices and this requires the selling price to fall – below what they wouldn’t have considered a year ago. As saving money in on everyone’s mind there are other ways of getting around the reduction in house prices.

Taking control of your finances and reducing the costs is a winning way. With the mounting Estate Agent fees together with HIPs and stamp duty, the reduction in the selling price makes things really tight. However, there is one way to reduce these costs – sell your house privately.

By listing your own house without an estate agent you can manage the costs of advertising as well as the overall selling price. Imagine removing all the heartache of finding the right estate agent and deciding on the right selling price? Selling your own home can be a stressful experience and using the service UKHousing.com provide can make this simple and save you thousands. With 70% of house hunters going online to look for a property what better way to make the most of the current market and sell your house privately?

Why not think about how much you can save if you sell your own house and balance out the reduced selling price? Its simple and UKHousing.com can help.