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In our continuous bid to keep all of the investors and consultants at the forefront of the UK market we bring you

BREAKING NEWS from the UK Property Market

Article:           “Average prices in England and Wales up 6.6% year on year”

Published:       Thursday, January 14th 2016

Source:           PROPERTY WIRE


Average house prices in England and Wales increased by 6.6% year on year to an average of £292,077, according to the latest index figures to be published.

This means that the average house prices has increased by £17,963 since December 2014 but property values in central London fell by 8.7% on average during 2015, dragged down by higher stamp duty, the index report from Your Move and Reeds Rains shows.

Where sales are concerned it was the strongest December for since 2006, with transactions up 7.1% year on year as buyers compete for fewer homes on the market.

Richard Sexton, director of e.surv chartered surveyors, believes that the highest year on year house price growth for 10 months may prompt existing home owners to move up to the next rung of the property ladder in 2016, freeing up homes at the bottom for first time buyers.

‘The rise in property prices has been propelled so far by a sinking supply of houses coming onto the market, compared with increasing enquiries from potential buyers eager to clamber aboard the property ladder,’ he said.

Article:           “Average rents in the UK increased by almost 4% in 2015”

Published:       Friday, January 15th 2015

Source:           PROPERTY WIRE

Average UK rents increased by 3.8% in 2015 despite a small seasonal dip of 0.2% in December, according to the latest index to be published.

Housing shortages across the country means that rental increases have outpaced wages in many parts and three bedroom properties have seen the fastest rent rises, according to the Landbay Rental Index.

This takes the average rent to £1,280 per month, with the highest rents found in London at £2,047, followed by the South East at £1,019 and then a big drop to the East of England at £863.

Every region has seen rents up year on year. This was led by Northern Ireland with rents up 6.7% compared to 2014, followed by the East of England up 5.6%, Scotland up 4.5%, the West Midlands up 4.4%, the South West up 4.1% and London up 4%.

Article:           “House prices have rocketed 300% in England and Wales since 1995 – analysis”

Published:       Friday, January 15th 2015

Source:           THE GUARDIAN

House prices in some parts of England and Wales have increased by almost 1,000% over the past two decades, with Oval in south London seeing the biggest price surge in that period, according to research by property firm Savills.

Analysis of Land Registry data for second-hand properties shows that across England and Wales the average house price grew by 300% between 1995 and 2015, from £66,110 to £262,847.

Only 5.5% of electoral wards had average sale prices of less than £100,000 in 2015, compared with 88% 20 years previously.


If after reading the above you are one of those savvy investors that want to make the most of the historically safe and profitable UK property market but maybe because you are too busy at your own work and cannot find the time you think it’s not for you just now, do not worry:

This is where Earnest Knight Consulting excels and specializes in helping investors with thorough due diligence and selection process we implement before we commit to any deal.

This in turn helps our investors not only on the profitability side, but saves tremendous amounts of time and money in research for our clients and is one of the reasons why we are highly praised.

Do not miss the next decade of potential growth, CALL US NOW!

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