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Figures from Nationwide in September 2017 show an annual house price growth of 2%.  Support for demand is being helped by low interest rates and record employment says the building society.

 

House prices bounced back in June despite uncertainty about Brexit negotiations.  Prices were up 1.1% month on month wit the annual rate of growth up 3.1%, up from 2.1%.  The figures were released by Nationwide on 28th June.

 

Dorchester Mayor Cllr Susie Hosford did the honours and officially opened our flagship development at Stratton House in Dorchester at a ceremony on 17th June. She praised the quality of the development and the way in which many beautiful Georgian features have been retained.  The last apartment has just been finished - measuring over 3000 square feet it even has its own wine cellar and is on the market for £750,000 with lots of interest in it already expressed.  Two other flats are also on the market at £300,000 and both have parking.

 

House prices in the UK are set to soar by 6.5% in 2017 says the Office for Budget Responsibility (9th March), up from the 4% rise forecast in November.

The UK economy is set to soar by 2% in 2017 up from a previous forecast of 1.4% growth says the Office for Budget Responsibility (9th March). The deficit is due to drop to £51.7 billion, nearly £4 billion lower than before the Brexit vote.

Nationwide says that house prices have bounced back in February with a 4.5% increase up from 4.3% in January.  Meanwhile £21.8 billion of mortgages were taken out in January says the Bank of England (4th March).

Our flagship property at Stratton House in Dorchester is selling like hotcakes - we've sold 12 out of 17 units!  Five houses remain from £285,000 and we have one enormous 3000 square foot ground floor flat which will be finished shortly.  All properties have their own parking and boast many beautiful period features. They are being sold by Dorchester agent DOMVS at  http://www.domvs.co.uk/propertylist.php

 

 

 

Home ownership in England has fallen to its lowest level for 30 years with nearly half of young adults now renting privately says The English Housing Survey (3rd March 2017). Over 46% of those aged 25-34 are renting privately, up from 24.2% in 2005/6. Ownership fell to 62.9% in 2016, the lowest level since 1985.

Please go to our Seminars web page to see details of meetings where Andrew is a guest speaker.