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UK Property

The eight tricks that will get you money off your dream home, by property guru PHIL SPENCER – including exactly how much to offer under asking price

It's a buyer’s market at the moment with properties selling for £16,000 below asking price on average, according to Zoopla.Thanks to a glut of homes being listed, it has created an opportunity for canny buyers to muscle in, haggle and grab themselves a bargain.Negotiation isn’t a natural skill for many, no matter how many episodes of Location, Location, Location they’ve watched. But help is at hand.Phil Spencer, co-presenter of the Channel 4 show and one of Britain’s most popular property experts, alongside two other buying agents, here reveal the secrets...
UK Property

Property asking prices fall as number of homes for sale hits decade-high

Newly listed asking prices fell this month, according to Rightmove, as sellers attempted to sell amid decade-high competition to secure buyers.New seller asking prices dropped by 0.3 per cent, the equivalent of £1,277 in June to £378,240.This is an unusual dip for June, according to the property portal. This month's price drop compares to an average increase in June of 0.4 per cent over the last ten years.There are likely a number of factors causing the dip in asking prices. Rightmove says the fall may be a delayed response to the stamp...
UK Property

Want a seaside property bargain? Swap Sandbanks and Salcombe for one of THESE lesser-known gems

Those who dream of living by the sea might be put off by prices in well-known coastal enclaves like Sandbanks and Salcombe.Both are notoriously expensive, and out of reach for many.New findings by Lloyds Banking Group show average property prices in Sandbanks, Dorset, stand at £965,708 - and that is down 3 per cent on a year ago. In Salcombe, Devon, average property prices have climbed to more than £820,000.But buyers seeking a home by the beach need not give up hope. Across Britain, the average price of a property on...
UK Property

House prices rise at fastest rate since 2022, going up £13,000 in past year

House prices rose at their fastest rate for two years in the twelve months to February, according to the latest figures from the Office for National Statistics.The average UK property rose in value by £13,000 across the year, or 5.4 per cent, based on provisional estimates by the ONS. This was more than the 4.8 per cent rise in the 12 months to January, and is the highest level of growth seen since December 2022 when prices went up by 7.3 per cent. The growth has been attributed to buyers seeking to...
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