Bulletin

House sales boom is not sustainable, warns RICS

Houses - Surveyors said that the rise in house sales is unsustainable - SantanderCB

The Royal Institution of Chartered Surveyors said that the rise in house sales is unsustainable unless properties that are sold are replaced. Despite the lack of housing stock, the number of agreed sales rose at its fastest rate in Britain since May 2014. RICS said the modest improvement in the availability of mortgages and a rise in demand had boosted the sales figure. The Bank of England has revealed that mortgage approvals are running at the highest rate in 18 months.

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander

Other Articles

GoJumpIn

The sky is seemingly the limit for a company which has got us all jumping with excitement as they secure a Santander funding deal to make…

Bulletin
Food and drink exporting opportunities in the UAE

Richard Cuda, Director - Strategic Banking Alliances, International, Santander UK says UK food and drink manufacturers should seriously…

Bulletin

According to DIT, of the 2.5 million businesses registered in the UK, an estimated 360,000 who have an exportable product or service…

Bulletin
Food and drink exporting opportunities in the UAE

Richard Cuda, Director - Strategic Banking Alliances, International, Santander UK says UK food and drink manufacturers should seriously…

Bulletin

According to DIT, of the 2.5 million businesses registered in the UK, an estimated 360,000 who have an exportable product or service…

Bulletin
Cardiff-based Forward Waste Management

Money will support the company, which serves the manufacturing sector, with Welsh and West Midland growth plans.

Bulletin

Where Next?