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04/12/2001
Nationwide reports brief UK housing recovery
The Nationwide building society has reported a brief recovery of the UK housing market after it faltered slightly in October.
In its latest monthly survey the Nationwide revealed that UK house prices rose by 0.7 per cent on average during November, while the average price of a house, at £92,262, was 12.8 per cent higher than one year earlier. However, the building society said it believed that a slowdown was still on the cards for next year.
Leading analysts have also predicted that house price growth will slow next year as rising unemployment and weakening economic conditions hit consumer confidence.
However, it is also expected to speed up again late next year in line with an anticipated economic upturn fuelled by low interest rates and an increase in government spending.
While a series of interest rate cuts this year have been designed to stave off the global economic slowdown, the Bank of England's rate-setting monetary policy committee has slashed interest rates thus reducing monthly payments on a £60,000 mortgage by around £100. (MB)
In its latest monthly survey the Nationwide revealed that UK house prices rose by 0.7 per cent on average during November, while the average price of a house, at £92,262, was 12.8 per cent higher than one year earlier. However, the building society said it believed that a slowdown was still on the cards for next year.
Leading analysts have also predicted that house price growth will slow next year as rising unemployment and weakening economic conditions hit consumer confidence.
However, it is also expected to speed up again late next year in line with an anticipated economic upturn fuelled by low interest rates and an increase in government spending.
While a series of interest rate cuts this year have been designed to stave off the global economic slowdown, the Bank of England's rate-setting monetary policy committee has slashed interest rates thus reducing monthly payments on a £60,000 mortgage by around £100. (MB)
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05 September 2001
Halifax report houses prices are continuing to rise
The latest figures released by leading mortgage lender Halifax have shown that the annual rate of house price inflation has hit 10.9 per cent. The Halifax, UK’s largest mortgage bank, also revealed that that house prices in August rose by 1.5 per cent, more than twice the increase seen in July.
Halifax report houses prices are continuing to rise
The latest figures released by leading mortgage lender Halifax have shown that the annual rate of house price inflation has hit 10.9 per cent. The Halifax, UK’s largest mortgage bank, also revealed that that house prices in August rose by 1.5 per cent, more than twice the increase seen in July.
07 December 2005
'Strong rise’ in UK consumer confidence
Consumer confidence is on the rise in the UK ahead of Christmas, the Nationwide building society has reported. The Nationwide reported that its Consumer Confidence Index had risen by 9 points in November to 101 – the largest monthly change recorded.
'Strong rise’ in UK consumer confidence
Consumer confidence is on the rise in the UK ahead of Christmas, the Nationwide building society has reported. The Nationwide reported that its Consumer Confidence Index had risen by 9 points in November to 101 – the largest monthly change recorded.
31 July 2001
Nationwide statistics show house prices steadily rising
Despite worries of a slowdown in the economy, the latest figures suggest that the UK housing market remains strong. The Nationwide Building Society’s latest house figures reveal an increase of 1.1 per cent between June and July 2001. Over the 12 months to the end of July, prices rose by 10.
Nationwide statistics show house prices steadily rising
Despite worries of a slowdown in the economy, the latest figures suggest that the UK housing market remains strong. The Nationwide Building Society’s latest house figures reveal an increase of 1.1 per cent between June and July 2001. Over the 12 months to the end of July, prices rose by 10.
07 March 2002
Halifax report continuing rise in house prices
House prices in the UK have risen by almost 17 per cent according to the latest survey figures released by the Halifax. The report, published on Thursday 7 March, has shown that in February, property prices rose by more than one-sixth on the same time a year earlier – representing the fastest annual rate of growth in 12 years.
Halifax report continuing rise in house prices
House prices in the UK have risen by almost 17 per cent according to the latest survey figures released by the Halifax. The report, published on Thursday 7 March, has shown that in February, property prices rose by more than one-sixth on the same time a year earlier – representing the fastest annual rate of growth in 12 years.
14 June 2010
CIPR Journalism Awards In Full
Deric Henderson of the Press Association has been awarded the Journalist of the Year title The Belfast Telegraph lifted the title for Coca-Cola CIPR Newspaper of the Year, and the BBC's Spotlight Programme won the Coca-Cola CIPR Scoop of the Year and the Coca-Cola CIPR Current Affairs Programme of the Year for its Irish Robinson Investigation.
CIPR Journalism Awards In Full
Deric Henderson of the Press Association has been awarded the Journalist of the Year title The Belfast Telegraph lifted the title for Coca-Cola CIPR Newspaper of the Year, and the BBC's Spotlight Programme won the Coca-Cola CIPR Scoop of the Year and the Coca-Cola CIPR Current Affairs Programme of the Year for its Irish Robinson Investigation.
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Northern Ireland WeatherToday:Mostly dry south and east, patchy light rain west and north through much of the day. A band of heavier rain crosses central and northern parts in the morning Maximum temperature 13 °C.Tonight:Dry in the southeast at first otherwise widespread light rain or drizzle for most, turning to clear spells and a few showers towards morning. Minimum temperature 5 °C.
