News


Stand out from the crowd with Edwards

If you are considering selling this Autumn, ensure that your property stands out from the crowd by instructing Edwards. Utilising all of the latest marketing tools combined with the very best advertising, we are committed to providing our clients with a first class service. We...


Persimmon profits lifted by 'strong' spring sales

Homebuilder Persimmon has seen its first-half profits increase more than tenfold after a period of "strong sales" in the spring. Persimmon reported a pre-tax profit of £101.4m in the first six months, up from a £9.8m profit a year ago. The group said it...


New addition to the team.

Edwards are pleased to welcome Samantha Conway to the team. Samantha has worked within the industry locally for a number of years and brings with her a wealth of local knowledge and experience. Her attention to detail and dedication to providing the very best customer care&...


Bank chiefs address lending fears

Six UK bank bosses are to form a taskforce designed to help get lending to businesses back on track. British Bankers' Association boss Stephen Green outlined the plans in a letter to chancellor George Osborne. He said there was a "need to make sure that viable businesses...


Sterling at six-month dollar high

Sterling has risen further to hit a new six-month high against the dollar, with analysts pointing to both rising confidence in UK economic prospects and worries about the US recovery. The pound strengthened to $1.5965, the highest level it has reached since early February. The...


Mortgage lending picks up in June

Mortgage lending picked up in June, according to the Council of Mortgage Lenders (CML). Gross lending, which includes lending to people remortgaging as well as house buyers, rose by 15% in June to £13.1bn. This was 7% higher than a year ago and also the biggest monthly...


IMF raises global economic growth forecast

The International Monetary Fund (IMF) has raised its forecast for global economic growth this year, from 4% to 4.5%. It said the world economy grew strongly in the first part of this year, mainly due to robust growth in Asia. Developed economies maintained a modest but steady...


House prices up again in June, says Nationwide

House prices rose again in June but only by 0.1%, according to the Nationwide building society. The rise follows a 0.5% increase in May, with the average property in the UK now costing more than £170,000. Prices have risen by 3% since the start of the year, the Nationwide...


Budget key points: At-a-glance

Here are the key points of Chancellor George Osborne's first Budget, delivered on 22 June, 2010: TAX VAT: Rate will rise from 17.5% to 20% from January 4, 2011. Personal income tax allowance: To be increased by £1,000 in April to £7,475 - worth £170 a year to...


House price inflation back to 10%, government says

Annual house price inflation is back in double-digits, according to government figures. The Department for Communities and Local Government (DCLG) said prices in April were 10.1% higher than a year ago. That was the highest rate of inflation since October 2007, when prices were...


UK interest rates kept at 0.5% for 15th month

UK interest rates kept at 0.5% for 15th month Page last updated at 11:37 GMT, Thursday, 10 June 2010 12:37 UK E-mail this to a friendPrintable version Many economists do not extect a rise in rates until 2011 UK interest rates have been kept on hold at a record low of 0.5% for the...


House prices still rising, says Nationwide

House prices are still rising, according to the latest monthly survey from the Nationwide building society. Prices went up by another 0.5% in May, pushing the price of the average UK home up to £169,162 which was £15,000 more than a year ago. Annual house price...


House price inflation hits 8.5% in England and Wales

House prices in England and Wales are continuing to rise strongly, according to the latest figures issued by the Land Registry. Prices in April rose by another 0.2%, pushing up the annual rate of increase to 8.5%. This was the fastest rate of growth since September 2007...


UK economic growth revised up to 0.3%

The UK economy grew slightly faster than initially estimated in the first three months of the year, the Office for National Statistics (ONS) has said. The economy grew by a revised 0.3% between January and March, up from the original estimate of 0.2%. Output was boosted after a...


Hips scrapped by coalition government !

The coalition government has suspended the use of Home Information Packs (Hips) by home sellers. Hips were introduced in 2007 in England and Wales. The aim was to speed up the house selling process by obliging sellers to provide much of the required conveyancing information...


UK mortgage borrowing is recovering, lenders say

Mortgage borrowing by house buyers is recovering, the Council of Mortgage Lenders (CML) has said. The number of loans made to home buyers rose by 25% between February and March, to 45,000. And borrowing by first-time buyers rebounded faster than that by existing home owners...


Housing market still picking up, surveyors say

The UK's property market is benefiting from its normal spring pick up, the Royal Institution of Chartered Surveyors (Rics) said. Its latest monthly survey of 245 members who work as estate agents suggests that prices are still going up. In April, 17% more surveyors said prices...


House price inflation hits 10.5%, says the Nationwide

The annual rate of UK house price inflation has hit double figures for the first time since June 2007, according to the Nationwide. The building society said that house prices in the UK had risen by 10.5% in the year to the end of April. Prices rose by 1% in April to push the...


Mortgage lending jumps in March, lenders report

Mortgage lending jumped to £11.5bn in March, a 24% rise from February the Council of Mortgage Lenders (CML) said. The figure was also 3% up on March last year, when the market had reached its nadir in the wake of the credit crunch. Despite this rise, the CML said activity...


Housing market sees spring bounce, estate agents say

The number of people trying to buy or sell homes has picked up in the past month, according to estate agents. The number of potential sellers rose in March to its highest level for six months, the National Association of Estate Agents (NAEA) said. And the number of prospective...


UK economy set to outpace most rivals, says OECD

The UK economy is forecast to outstrip its G7 rivals in the second quarter of this year, says the Organisation for Economic Co-operation and Development. The OECD is predicting it will expand at an annual rate of 3.1%, in line with the government's own Budget forecast. Such a...


UK business confidence 'hits four-year high'

Business confidence has reached its highest level in four years, according to a survey of UK companies. The Business Trends survey from accountants BDO shows both confidence and output back at pre-recession levels. However, the report warns that a "significant increase&...


Home owners' equity is still increasing

UK homeowners increased the value of their stake in their properties by £22.3bn last year, Bank of England figures show. They reflect continued decisions by homeowners to pay off more of their mortgages, and lenders' insistence that borrowers put down large deposits. The...


House prices remain sluggish, Nationwide says

More evidence of a sluggish start to the year in the UK housing market has been published by the Nationwide Building Society. Prices across the UK rose by 0.7% in March, but the longer term picture showed a slow down in house price inflation. The average UK home cost £164...


Mortgage lending 'rose in February'

Mortgage lending increased in February as the fluctuation in the housing market continued, lenders have said. Gross lending for home loans in the UK rose by 6% in February compared with January to an estimated £9.2bn, the Council of Mortgage Lenders (CML) said. The...


Mortgage deals on offer from lenders increase

Mortgage availability for homebuyers has improved over the past month, according to figures from the financial information service Moneyfacts. At the start of March there were 1,798 mortgage deals available which required deposits of between 0% and 40%. That was 6% more...


UK house prices see first fall since June, says Halifax

UK house prices recorded their first monthly fall since June with a 1.5% drop in February, the Halifax has said. The drop was caused by the end of stamp duty relief, the poor weather and more properties being put up for sale. The average home is now worth £166,587. The...