News

Interest picking up from house buyers, says hopeful RICS

Buyer interest grew across the UK last month, says the latest RICS housing market survey. It says inquiries from prospective buyers rose in most parts of the UK during November, although demand is still at an historic low. The number of homes coming up for sale remained fairly...


UK economic contraction 'less than thought' for 2012

The British Chambers of Commerce (BCC) has increased its forecast for UK growth for 2012, but still expects the economy to shrink. The UK will shrink by 0.1% this year, less than the 0.4% contraction it had predicted previously, the BCC said. That is "entirely due to the...


Mortgage approvals rise to highest in ten months

Mortgage approvals for house purchase rose to 52,982 in October, the Bank of England has said. The figure was an improvement on September’s figure of 50,415 and was the highest since January. However, it was still only about half of the monthly average of 103,000 in the...


Unexpected lift in mortgage lending by high street banks

High street banks approved 33,039 mortgages for house purchase in October. The figure was up from the 31,544 the month before and an improvement on the six-month average prior to October of 29,984. The jump was higher than expected, with analysts having predicted a rise to 32,...


WHAT A FANTASTIC WEEKEND !

Laughter could be heard on the Willow Walk Green this weekend at the Wimborne Food Festival. Edwards proudly sponsored the Helter Skelter and Vintage Carousel with a never ending queue of both children and grown up’s! Team members from Wimborne, Ferndown and Verwood joined...


BUSINESS CONTINUES TO GROW !

It’s difficult to believe that we only opened our first office in Ferndown less than three years ago! Since then Edwards have firmly established themselves as a leading estate agent in the Ferndown, West Parley, West Moors and Ashley Heath area. In a hugely challenging...


A DIFFERENT APPROACH LEADS TO SUPERB SALES !

Professional, exceptional and hard working are just some of the comments from the clients who have sold or let their properties with Edwards Estate Agents. Edwards of Wimborne opened their doors just 18 months ago and the presence and success in Wimborne is evident. With a team...


UK economy 'grew in third quarter'

The UK economy returned to growth in the third quarter, according to the British Chambers of Commerce. Based on its survey of 7,593 UK firms, the BCC says the economy grew by 0.5% between July and September, after three consecutive quarters of contraction. The BCC said it did...


Sir Mervyn King says economic recovery on its way

The Bank of England governor, Sir Mervyn King, says economic growth is on its way. In a wide-ranging live interview with Channel 4 News, Sir Mervyn said he did not have a crystal ball, but that the next quarter would probably show a pick-up in activity. He said he was beginning...


Signs of surprise uplift in housing market

An upturn in the property market has been reported by estate agency signs firm Agency Express, which also points to a slowing of the London market (see next story). It said that sales rose by 8.7% over June, while new listings went up by 5.6%. Of the 12 UK regions tracked, ten...


Standard and Poor's says UK to keep AAA rating

The UK will keep its top AAA credit rating, the Standard & Poor's (S&P) agency has said. It expects the British economy to pick up in the second half of this year, despite a slip into recession earlier in 2012. That rating reflects a stable outlook and S&P said...


House sales up at half-year stage, says HMRC

Completed property sales in the first half of the year were 11% up on the same period last year, figures from HM Revenue & Customs (HMRC) show. Sales rose by 7,000 in June to 83,000, taking the total across the UK for the first six months of the year to 431,000. That was...


UK inflation rate falls to 2.4% in June

The rate of inflation as measured by the Consumer Prices Index (CPI) fell to 2.4% in June, from 2.8% in May, official figures have shown. This is the third month in a row that the annual rate has fallen, taking CPI to its lowest since November 2009. The Office for National...


UK economy to see return to growth, says Item Club

The UK economy should enjoy an "Indian summer" after a poor first half of the year, says a leading forecaster. Falling inflation and a pick-up in consumer spending will help the UK return to growth in the second half of the year, the Ernst & Young Item Club says in...


Funding for Lending scheme aims to cut loan costs

A multi-billion pound scheme designed to make more - and cheaper - loans and mortgages available to businesses and individuals has been outlined. The scheme, called Funding for Lending, will see the Bank of England make low-cost funds available to banks and building societies...


Mortgage lending bounces up 24%

Gross mortgage lending bounced 24% in May, the Council of Mortgage Lenders has reported. It stood at an estimated £12.2bn, up from £9.9bn in April and also up 13% from May last year (£10.8bn). But the bounce could have been a seesaw rather than the first...


House prices on the up, says government statistician

Average house prices in the UK rose by 1.4% in the year to April 2012, the Office of National Statistics has reported. The average UK house price stood at £229,000 in April – up 1.1% on April 2011 – but the yearly rise was driven by 4.9% annual growth in London...


Major mortgage reforms pushed through by MEPs

The European directive on credit agreements relating to residential property (CARRP) has had its final amendments voted through – leaving the UK buy-to-let industry heaving a cautious sigh of relief, and seeking to change some fundamentals in the house-buying market. For...


Beware of Greeks Bearing Debts

The media is full of economic woe but Grant Brooks of  Edwards  finds that the UK property market is anything but downbeat. The Euro zone is in crisis. We really are in a quandary over austerity versus growth. The French disagree with the Germans and the British...


Public optimistic about outlook for housing market

Despite the welter of uncertain news about the housing market, optimism among home owners is on the up with more than one third expecting house prices to be higher in 12 months’ time. Furthermore, nearly half (46%) regard today’s house prices as fair and reasonable...


UK economy will return to growth in second half, says CBI

The UK economy will return to growth in the second half of 2012, with faster growth expected next year, the CBI business group has said. But the CBI cut its growth forecast for the whole of 2012 from 0.9% to 0.6%. Its revision was a "direct consequence" of data from...


Spring bounce for property sales, HMRC figures show

The number of homes sold in the UK rose sharply in March as the typical spring bounce took hold, HM Revenue and Customs (HMRC) said. There were 74,000 completed sales during the month, up from 63,000 the previous month, the figures show. The pick-up could also be a sign that...


New buyer interest edged up in March, says Rics

Interest in the UK housing market edged up in March according to a new survey. The Royal Institution of Chartered Surveyors (Rics) said that, during the month, 9% more surveyors reported a rise in inquiries from potential buyers than those reporting a fall. Rics said the warmer...


PLANNING THE FUTURE

Following the recent government announcements on planning Grant Brooks of Edwards takes a look at how they may effect future housing development. The government’s new planning proposals have had a rough ride over the past few months - and rightly so. Early...


IT IS OFFICIAL, MORE PEOPLE ARE SELLING WITH EDWARDS !

According to recent statistics, Edwards have registered more sold stc and new instructions in the combined post code areas of BH22, BH21 and BH31 than any other estate agents since the 1st of January 2012. CALL US TODAY TO SEE HOW WE CAN HELP YOU GET MOVING!  ...


At last, rays of sunshine on housing market !

Green shoots in the housing market are reported by Hometrack this morning. It said there has been “a marked improvement in housing market conditions” this month. The number of new buyers registering jumped 18%, after two months of major declines, and represented the...


WE THINK YOU WILL LOVE OUR SERVICE !

To celebrate the month of February and Valentine’s Day, Edwards Estate Agents are offering a 25% discount from their standard fee. Every market appraisal that proceeds to instruct Edwards to sell or let their home in the month of February will also receive a bottle of...


The New Edwards office opens on January the 16th in Verwood

Edwards are pleased to announce the opening of their third office in the wonderful town of Verwood. The office is located within the heart of the town, next door to Costa Coffee and offers a stylish environment from which the team will provide the very best in customer service...