Christofer
House prices fall but buyer demand on the rise
The UK housing market is starting to show signs of life as buyer interest grows, according to the Royal Institution of Chartered Surveyors (RICS). RICS reported that buyer interest has increased for the third consecutive month to November. This is the first time that buyer enquiries have risen for a 3 month period since early [...]
Strong Scottish winds damage homes
Households across Scotland are at serious risk of weather damage following gale force winds. More than 70,000 homes were without power after wind turbines caught fire from the sheer pressure of the winds. With gusts of 100mph across Ayrshire on Thursday, many schools, businesses and councils were forced to close. There were also significant disruptions [...]
Britain urged to prepare homes for big chill
As flood warnings are being issued in the North of England and parts of Scotland, homeowners are being urged to prepare their property for the big chill. Last year the winter freeze accounted for the largest proportions of home and contents insurance claims, according to insurer Hiscox. Every home requires different maintenance as the architectural [...]
Homeowners drop to lowest asking price for three years
Sellers have dropped their asking price to the lowest level since the start of the recession, a new report has found. According to a recent Rightmove report, the number of houses for sale has also fallen to the lowest level for more than three years. All regions across England and Wales have seen a fall [...]
FTBs take on two jobs to raise deposits
Desperate first time buyers are taking on a second job or increasing their overtime in order to raise enough cash for a deposit, according to research from Santander. With high inflation hitting savers hard, many aspiring homeowners now have to work increasingly hard in order to afford their own home. The latest research from Santander [...]
Housing market improves according to surveyors
According to the Royal Institution of Chartered Surveyors (RICS), the UK housing markets showed signs of positive life last month as sales increased. The number of completed sales and new buyer inquiries marginally increased in October. Newly agreed sales increased by 8%, demonstrating a gradual but positive movement in the housing market.
UK house prices increase but market outlook remains gloomy
The UK housing market has taken baby steps towards improvement as new figures show that house prices increased in October. However, this is still far from pre-recession levels. The latest research from Nationwide found that house prices increased by 0.4% in October and the price of a typical home increased by 0.8% from October 2010. [...]
Insurance Alert for US and Europe
The current economic woes suffered by many countries have made it even more imperative than usual for businesses to make sure they are insured against known risks through proper business insurance. The latest news from trade credit insurer Coface underlines the truth of this statement. The company says there was a significant deterioration in the [...]
Willis Launches Special Product for Hoteliers
Being part of the business community, hoteliers face many of the same risks other businesses face, and they also face risks unique to the industry. Sometimes ordinary business insurance is not enough to address these specialised needs. Most of them would, therefore, be glad to hear about a new product just released by Willis. The [...]
Landlords Enjoy Even Higher Rents
Landlords with proper landlord insurance have everything working in their favour right now. Not only are property prices much more realistic than a few years ago, but there seems to be no end in sight when it comes to rent increases. Despite already being at record levels, recent months have seen ever further increases in [...]
