Housing market ‘on the up’
Friday 16th April 2010, 3:00PM BST.
Acorn director Steve Ryan
MORTGAGE business Acorn says there is strong evidence that the Island’s housing market is ‘on the up’.
The firm says that there has been a sustained improvement in both the number and the value of transactions completed so far this year.
The value of loans approved in the Royal Court for property sales rose from around £6 million a week in early January to more than £16 million in April.
Meanwhile, the company also says that more buyers are submitting bids nearer to the asking price rather than putting forward significantly lower offers.
Read the full story in the Jersey Evening Post.
Click here for subscription details.
Individual editions are also available online.
The Queen's Diamond Jubilee
JEP Jubilee Editions
Saturday 2 June: Guide to Celebrations
Wednesday 6 June: Souvenir of Events
View The Queen in Jersey supplement
Travel
To, from and around the Island
Airport Arrivals/Departures
Harbours Arrivals/Departures
Bus Information/Timetables
This is Jersey
Jersey Evening Post
Useful links
Sorry, I do not think it is good for the island that the prices of propery are so high. Good for estate agents and others earning big fees, not for anyone else.
Report abuse
Property in Jersey over the top for tatty run down houses/flat’s not even worth half the asking price, that’s why so many local’s are leaving the island to live elsewhere, where property prices reflect a true price. I am Jersey born but looking to live elsewhere due to the above reason plus sick of living on a rock,only condor to get to France/UK and charging for it as no other competition.
Report abuse
Oh yes its a ploy to make those who were thinking of buying they must hurry up before prices go up even higher.
You just have to look around and see all the empty housing to see what they are up to.
Report abuse
Please get on the Jersey money-go-round till you retire or drop dead. More fees for me.
Report abuse
The jobs market in the finance secor is stableising, which will probably mean a boom in property prices in about a years time. This is excellent news for employees in the building industry.
Report abuse
Great news, even less people will be able to afford houses. Sort it out Le Main and stop all these people coming in from the UK.
Report abuse
‘The jobs market in the finance secor is stableising, which will probably mean a boom in property prices in about a years time. This is excellent news for employees in the building industry.’
Yes, great news for everyone in the building industry. They can work like slaves for the whole of their adult lives and still not be able to afford much more than a lean to garage for themselves and their family to live in.
Jersey is becoming more Haiti every day; millionaires in their mansions, the serfs packed in to their compact apartments!
Report abuse
So, greed and holding to ransom are quite acceptable as long as they are to do with the housing market and not the public employment sector?
Report abuse
This is B…S…! Can Acorn provide solid proof, or is this just rumor spreading, speculation and lies in order to try and convince young people to apply for a mortgage so that Acorn’s business will get a boost?
Report abuse
Of course the housing market is on the up, Jersey has limited space and those houses are gold dust.
Report abuse
To Pip Clement No 7
I guess you have not been to Haiti or any other third world country. To compare Jersey with clean running water in every house, free health care for all, safe streets were you don’t get gang killings to Haiti is an insult to the hardships many people in this world face. Your biggest problems are being able to buy a flat, not can we survive another week in the cold fearing for our lives both from gangs and diseases.
Complain by all means but be realistic, the reason house prices are high in Jersey is lots of people want to live here that means it can’t all be bad.
I do think you need to get off the island and see the world a bit more to appreciate how lucky you are in Jersey
Report abuse
the person who makes the for sale boards must be coining it in, they are all over the place.
talking about talking the price up.
buyers should offer less, or stay put.
could enter a stalemate situation.
any guess at the amount of uninhabited homes and flats at the moment?
post on here please.
Report abuse
Hi Tom,
Obviously you have not seen some of the mould ridden broom cupboards that the non qualies get to live in and you have no idea of the insane amounts of money that they pay for the privilege.
Jersey is the island where ignorance is bliss.
Maybe you should try getting out more?
Making your way to the bits of St Helier where the junior staff live would be a start. Maybe you should try getting them to invite you over for dinner?
Or would that be just so embarrassing on both sides?
Report abuse
Re mould ridden broom cupboards – why do people come to Jersey and live in these ‘cupboards’?
I assume that life is better here than where
they come from.
However, our government should impose more controls on the quality of rented accommodation, after all some £40 million a year of tax payer’s money is put into landlords capacious pockets
by way of rent rebate.
Report abuse
No. 13 Pip Clement – I believe ‘mould covered broom cupboards come up a treat with anti-damp paint and a few coat of dulux magnolia. Therefore, I can not understand your complaint.
Report abuse
No. 13 Pip Clement – it is pointless you comparing beautiful Jersey to Haiti. That island experienced an earthquake and I doubt if a few coats of paint would brighten up their accommodation or indeed if their salary would be enough to pay for a paint pot.
Report abuse
Good point Pip, I remember coming over here as a trainee lawyer and paying through the nose for a bedsit in a lodging house where, when it rained, I got rust coloured water into my room because the millionaire Jersey landlord who owned the property was too tight to bother fixing the roof on the building properly. It was the kind of property that you would have turned your nose up at when at university, let alone embarking on a professional career. There are some really grim properties in Jersey which are used to fleece the non qualies with. But hey there is that boat etc…
Report abuse
Tom Jones – Why did you not continue your apprentice lawyer training somewhere else if your accommodation in Jersey was not to your liking.
Report abuse