British households remain confident in the rising value of their homes, even after the vote to leave the European Union.
That's according to Knight Frank's Sentiment Report, which shows 15% of homeowners surveyed by Knight Frank believed the price of their own house had risen last month... more than the ratio who believed house prices had fallen.
Grainne Gilmore, head of Knight Frank UK Residential Research joined the team to discuss further.
The price of homes for sale in England and Wales have seen the biggest drop since November, according to the property website Rightmove.
Asking prices fell by a monthly 1.2% average between July and August. With the biggest falls seen in London and the Southeast. This comes after a dip of just under 1% the previous month.
Miles Shipside, housing market analyst at Rightmove, joined the team to explain what's caused this drop.
Georgie Frost is joined by Kevin Pratt, editor at MoneySuperMarket.com. Today they discuss the latest trends in UK house prices as well as the importance of travel insurance when holidaying abroad . Keeping with the theme of property they also talk about bad neighbours and the effect this can have on property values. All this and other stories on the News Review.
Georgie Frost is joined by Harrison Kelly from TSB. Today they look at the ongoing strike by Southern Rail workers and the potential for a return to work. With more than a third of people under 35 saying they regret going to university because of their debts they also discuss whether university is worth the cost. Elsewhere they find out what happens to the drinks bottles confiscated by airport security. All this and other stories on the News Review.
Georgie Frost is joined by independent money expert Martyn James. Today they look at the Competition and Markets Authority's calls for a technological revolution from high street banks. Staying with banking there are also fears of a further cut in interest rates which dropped to 0.25% last week. Meanwhile housing chairty Shelter have suggested working families in England are so stretched financially that one in three couldn't afford to pay their rent or mortgage.
The number of house loans approved by the British Banker’s Association fell more than expected last month. So with more official mortgage approvals data due out, what can we expect and how's it affecting the mortgage market? Ray Boulger, mortgage expert from the independent mortgage specialists John Charcol, explained.
On this edition of This Is Money, Editor Simon Lambert and Personal Finance Editor Rachel Rickard-Strauss are in to talk more Brexit fall-out, of course; will Mark Carney’s reassuring tones be enough to steady the ship, as Sterling falls further than we've seen since Walter Mondale was a relevant cultural reference?
We’ll also be looking at property fund lockouts, and why you should NEVER trust them with your pension. And stay tuned to the end as we have a rare win for the little guy, to the tune of £19 Billion!
This is Money is presented in partnership with NS&I, and hosted by Georgie Frost.
And we're back for round two of This is Money's Brexit Special, presented in partnership with NS&I. This week, we're going to be taking a closer look at how the referendum will be affecting your own personal finances. We'll also be looking at migration, travel costs, and Bank of England Governor Mark Carney's attempts at reassurance. But it's not all Brexit! Life does, after all, go on. We'll be taking a look at the ins and outs of buying a 2nd-hand car, wonder if the millennials will be able to survive the coming economy, and there'll also be a quiz for keen-eared listeners.
This is Money, presented by Georgie Frost in partnership with NS&I
The Office for National Statistics has released its latest round of statistical bulletins. Among the bundle is the House Price Index which shows that UK house prices continue to rise. With new analysis showing that house prices have increased by 47,000% during the Queen's lifetime, Share Radio's Robert Van Egghen examines the state of Britain's housing market.
What's the best way to add value to your home? Adding an extension? Installing central heating? Or simply fixing any structural problems? Sarah is joined by experts Russell Quirk, from the online estate agency eMoov, Kate Faulkner, property expert who runs the Property Checklist, and Michael Holmes, from Homebuilding and Renovating Magazine, to find out, and to share tips on adding value to your property without spending a fortune.