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 New homes in London are cheaper than a year ago
In spite of a 9% rise in London’s new home prices at the end of last year, the average price is £18,000 lower than a year ago. According to the SmartNewHomes.com monthly index, the average price of a new home in London in December was £420,983 a 4.1% drop for the same month in 2006.
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East Anglia and Wales compete with London for end of year price growth
East Anglia and Wales have shown steady growth across the new homes market to end the year on a positive note, according to the SmartNewHomes.com monthly index. East Anglia, due to its good commuter links saw prices rise at 2.6% and Wales due to its popularity for second homes saw a price rise of 3.1%.
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January Interest Rate Statement
David Bexon, Managing Director of SmartNewHomes.com, comments on this month’s decision from the Bank of England’s Monetary Policy Committee (MPC) to hold interest rates at 5.5%:
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Comments On The First Time Buyer Review By Halifax
David Bexon, Managing Director, SmartNewHomes.com, comments on the
First Time Buyer Review by Halifax:
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New homes market finishes 2007 on a positive note
Despite current market turbulence, the new homes market is finishing 2007 on a positive note, with monthly price increases returning to those previously experienced in the spring.
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December Interest Rate Statement
David Bexon, Managing Director of SmartNewHomes.com, comments on this month’s decision from the Bank of England’s Monetary Policy Committee (MPC) to reduce interest rates to 5.5%:
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SmartNewHomes.com has expanded its sales team with the appointment of Julia Price as New Business Manager. Julia has joined the team from estate agency, Reeds Rains where she was a Lettings Co-ordinator and was also responsible for overseeing sales negotiations within her branch.
David Bexon, Managing Director of SmartNewHomes.com said: “Julia will play a vital role as part of the new business team. Her responsibilities will include generating all new business in the Northern area targeting residential developers, retirement developers, housing associations as well as managing the Northern new business team.
“Julia’s experience in the property sector will prove a valuable asset, augmenting our existing team. Julia’s appointment increases our resources and will help us to target more developers, securing our position as the most prominent online new homes website.
Julia Price adds: “I am delighted to have joined SmartNewHomes.com. Part of my new role will be to assist in developing key parts of the business to ensure that SmartNewHomes.com is featuring as many new sites as possible to keep potential homebuyers informed with the very latest information.”
See Also: Press Releases (379)
Date Published: 10 January 2008
