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Posts Tagged ‘Nationwide’

House prices rose by 1.6% in August

Posted in Property News, tagged , on September 22, 2009 | 1 Comment »

House price bounce extended into August
• House prices rose by 1.6% in August
• Year-on-year decline slows from -6.2% to -2.7%
• Low interest rates helping to underpin prices for the moment
Commenting on the figures Martin Gahbauer, Nationwide’s Chief Economist, said:
“The price of a typical house rose for the fourth consecutive month in August, increasing by 1.6% [...]

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Bottom of the market

Posted in Property News, tagged , on May 5, 2009 | Leave a Comment »

Having spoken to numerous estate agents over the last few week there seem a consensus of opinion that we are now at the bottom of the market.
How long we stay here is the unknown, lenders are starting to introduce some better products/rates and the buyers are returning to the high streets in search of a [...]

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Housing lottery

Posted in Property News, tagged , , , , on November 14, 2008 | Leave a Comment »

Last night I watched a really interesting programme on BBC showing investment in property verses Share Funds. I was surprised at the result.
The question is: if you step back and look at property in comparison with other investments, is it really the money-spinner many of us have been led to believe?

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Prices of homes dropping at fastest rate since 1952

Posted in Property News, tagged , , , , , on November 6, 2008 | Leave a Comment »

Nationwide said prices fell 14.6% over the past 12 months to £158,872, and dropped 1.4% in the month to October – the 12th monthly fall in a row.
Economists have predicted that house prices have a lot further to fall. Howard Archer at IHS Global Insight, said: “Faster rising unemployment, major concerns over recession and widespread [...]

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The credit crunch

Posted in General News, tagged , , , , , , , , , , on October 14, 2008 | 1 Comment »

The right move by the government?

Gordon Brown and Alastair Darling recently announced the much anticipated “financial stability programme“.
In summary the plan aims to:
1) Provide sufficient liquidity in the short term;
2) Make new capital available to UK banks and building societies permitting them to restructure their finances.
3) Ensure that the banking system has the funds necessary to [...]

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