House prices up 5.3% in a year as London market reignites with average property now costing £500k

House prices up 5.3% in a year as London market reignites with average property now

The Land Registry said that In the capital values rose 9.6 per cent compared to September 2014, meaning the average property now has a price tag just £3 short of £500,000. Although house values have continued to go up across London, the rate of growth has been slowing since a peak last summer. At one point, prices were soaring by an annual 20 per cent.

Get up to £1k back on your mortgage! Barclays offers cashback on its home loans but how do the rates stack up? 

Rates start from 1.53 per cent for a two-year fix or 2.79 per cent for a five-year deal. They're not the lowest rates on the market but there are savings to be made.

House price growth in UK's 20 major cities 'may have peaked' - but Cambridge property soars 12% in a year

The underlying rate of house price growth in Britain's biggest cities may have peaked as they recorded a slower rate of post-election gains, a report has found.

Property prices will jump nearly £60k over next five years to top £320k by 2020, says economic forecaster

Average UK house price to jump by nearly £60,000 over next five years

Cebr said that house prices in 2015 are set to be 5.6 per cent higher compared with average prices across 2014 - and the average UK property value will stand at a record high of £263,000 this year. Prices are expected to be 3.5 per cent higher in 2016 than they were this year, with further annual increases of around 4 per cent in the four years that follow. Cebr had previously predicted that house prices would increase by 4.7 per cent annually in 2015.

Have we become a nation of DIY dodgers? Half of Britons don't feel confident enough to even put up a shelf, poll finds

The average Briton has blown £300 in the last year needlessly employing a tradesman to carry out minor repairs in their homes that they could do themselves, research has found.

Rising house prices create 'million pound towns' outside London for the first time despite falling sales

£4,006,715  
Compton House, Fairmile Park Road, Cobham, Surrey  KT11 2PG
Sold to John Anthony Kanis and Monique Nicole Christiane Beneton 
A detached house with eight bedrooms set in one acre of land. Notable former owners include Thomas Sopwith, pioneer aviator, who lived at the house between 1914 and 1920.

Virginia Water, Cobham and Beaconsfield have become Britain's first 'million pound towns' as house prices continue to push upwards, research shows.

Best places to live in the UK: Edinburgh soars to top of 138 regions in quality of life league - but where does your area rank?

Edinburgh soars to top of 138 areas in quality of life league in the UK

Edinburgh rose 97 places since uSwitch's last Quality of Life Index, pushing 2013's winner Solihull into second place. The south of Scotland scored especially well, with three areas also making the top ten, but only Hertfordshire and Berkshire made it from the South East.

What next for mortgage rates? The best fixed rates inch up as rate rise chatter increases - so is it time to fix?

What next for mortgage rates?

With interest rates tipped to rise in early 2016, homeowners have been rushing to fix their mortgages. Some of the absolute cheapest mortgage rates have been pulled, as banks look to squeeze a little more from borrowers, but rates remain historically low.

Ten tips for buy-to-let: the essential advice for property investors

Ten tips for buy-to-let

For many buy-to-let looks an attractive income investment in a time of low rates and stock market volatility. Climbing house prices, rising rents and improving mortgage deals are tempting investors - although they will need a big deposit. Read This is Money's top ten buy-to-let tips

Online estate agency wars continue to heat-up as easyProperty launches chance to sell your home for just £475

easyProperty launches chance to sell your home for just £475

Sir Stelios Haji-Ioannou's easyProperty offers homeowners the chance to sell from £475, now it must win sellers from rivals and High St agents. Its dip into the residential sales market comes as more people are tempted into listing their home with an online agent , with brands such as Emoov, Purple Bricks, HouseSimple and Tepilo offering services that undercut traditional agents on price.

Insurer warns households that burglaries surge 38% after clocks go back - but here's 10 steps that help prevent a home robbery

The number of home insurance claims rocket when the clocks go back by one hour and BST ends, analysis of two years' worth of data from Co-operative Insurance shows.

First-time buyers urged to win 'hearts and minds of sellers', as lack of homes for sale sends prices up £16k in a year

First-time buyers urged to win the' hearts and minds of sellers by Rightmove

First-time buyers face having to find an extra £16,000 to get onto the property ladder compared to a year ago. Prices have been pushed up as potential homeowners go head-to-head with buy-to-let landlords for a limited number of suitable properties available, property listing website Rightmove warned.

Try before you buy: Pensioners encouraged to stay days or weeks at retirement homes before they put down a deposit

Property at  Richmond Villages at Letcombe Regis, near Wantage.

While moving in for a few days before you buy is impractical in most cases - it is not when it comes to retirement homes and sheltered accommodation.

'Buy-to-let tax move is a game changer and we're not building enough homes' - TV star Phil Spencer reveals his thoughts on Britain's property market

TV star Phil Spencer reveals his thoughts on Britain's property market

Phil Spencer is a rock 'n' roll star of property television. He can be found with his sidekick Kirsty Allsopp on Location, Location, Location and riding solo on his Secret Agent show. He talks to This is Money about current problems facing the British housing market/ Does he believe in house price indexes, are we building enough homes and is buy-to-let booming too much?

The key to selling a house quickly? Tidy your garden and brush up your manners, poll of buyers reveals

The key to selling a house quickly? Tidy your garden and brush up your manners, poll of

Property sellers hoping to receive a quick offer on their home should brush up on their manners, make sure their garden is looking good and stick on a fresh pot of coffee. The seller's personality can be a crucial factor in boosting - or reducing its appeal - a survey of home buyers by Sarah Beeny's online estate agent Tepilo has found.

We want to downsize but it's too expensive: Older homeowners told to make space for young families are locked out by high prices

C7JNNX Older couple sitting in backyard

Critics say that if home blockers moved out, it would release properties for younger families who are trapped in small flats, but many who do want to downsize are trapped by the cost.

Estate agents warn property market is reaching 'crisis point' as number of homes for sale falls to 11-year low

A woman walks past an estate agent's window display on Brompton Road in Knightsbridge in London, England.  
The governor of the Bank of England, Mark Carney, has given his strongest warning yet about the dangers to Britain's economy posed by the booming housing market saying that the market represented the biggest risk to financial stability and the long-term recovery.  

(Photo by Rob Stothard/Getty Images)

On average, the number of properties available per estate agent branch fell from 55 in July to 38 in August, marking a 31 per cent decrease, the National Association for Estate Agents said.

Ever dreamt of owning a home abroad? Here's how to do it - from mortgages, to tax and the legal traps

How to buy a home abroad - from mortgages, to tax and legal traps

Owning a property in sunnier climes is a dream realised by thousands of Brits each year - and with keen prices and a strong pound there are bargains to be had. But hurry, because these will not be around forever as economic recovery spreads across Europe. Paul and Caryn Hughes bought a home in Portugal.

Beginning of the end for the cheapest ever mortgage rates? Rock bottom five-year fixes are on the rise as rate rise looms closer

Beginning of the end for the cheapest ever mortgage rates?

The cheapest five-year fixed rate deals have disappeared ahead of the first interest rate rise in more than six years, but rates remain near highly competitive. Speculation over an upcoming interest rate rise in the UK has heightened, and accordingly the rate-cutting trend seems to have abruptly come to an end.

Could shared ownership help you on to the property ladder? Scheme brings home purchases into reach for first-time buyers

With shared ownership you first have to pass an income eligibility test. Typically, to qualify you - or you and your partner together - need to earn less than £60,000 a year. Ultan Molloy benefited.

Want to buy a home with a small deposit? Here's how to get the best mortgage and avoid the traps

How to buy a home with a small deposit and get a mortgage

If you have got a five per cent deposit and are hoping to buy your first home this autumn, the good news is that there are still plenty of low rate mortgages on offer. The bad news is that first-time buyer deals can be hard to get, so applicants may have to do some fancy financial footwork to ensure their mortgage gets approved. Sarah Drewery and Ryan Fletcher, pictured, got £1,000 cashback.

My house is worth millions but my children can't afford starter homes - should I use equity release to help them?

I bought a house in Dulwich in London some decades ago which is worth several million pounds now, but my adult children are struggling to get on the housing ladder.

The 100-year club: The professions where it would take at least a CENTURY to save a home deposit revealed

For many who work in the UK's key occupations getting on to the housing ladder is a pipe dream as it would take literally hundreds of years to save for the deposit.

How mortgages work: Your essential guide to paying for a home

How mortgages work: Your essential guide to paying for a home

Houses are expensive. The average home in the UK costs £268,000, according to the Office of National Statistics. Unless you are very wealthy, you are unlikely to be able to buy a home outright. Instead, you can use a mortgage to fund the bulk of the purchase. We explain the essentials.

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