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Latest Property News
Sun 3rd Oct 2010
  • UK: Return of the buyer's market?

    The balance between supply and demand shifted toward the supply side as new instructions outpaced buyer interest for the second consecutive month, according to RICS latest UK Housing Market survey.
Fri 3rd Sep 2010
  • UK mortgage market 'improving'

    Mortgage availability for homebuyers has improved over the past month, according to figures from the financial information service Moneyfacts.
Tue 3rd Aug 2010 Sat 3rd Apr 2010 Mon 22nd Mar 2010
  • Winter chills does little to curb house hunters enthusiasm

    Britain's house hunters continued to brace the bad weather conditions in search of a new home in February, according to estate agents.

    The National Association of Estate Agent’s market report for February showed that the bad weather did little to curb the enthusiasm of eager house hunters looking for their dream home.

  • Labour death tax 'con' to hit middle classes, claim Tories

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    Millions of middle class families face a death tax 'double whammy' say the Tories because Labour's plans for funding elderly care will not prevent people having to sell their homes.
Fri 19th Mar 2010 Thu 18th Mar 2010
  • Mortgage lending 'up in February'

    UK mortgage lending increased in February as the fluctuation in the housing market continues, lenders say.
  • Rightmove: March house prices at virtual standstill

    In their latest monthly House Price Index Rightmove recorded a virtual price standstill as new sellers ask just 0.1% more - the lowest price ever recorded in March.

    As previously snowbound sellers return the month also registered the highest new property supply for 18 months.

    Potential first-time buyers still struggle to enter home ownership as lenders compete for only the most credit-worthy, 78% are also unaware of how the Government's Homebuy scheme may help them.

  • Government planning reforms aim to cut costs and red tape

    Housing and Planning Minister John Healey confirmed further reforms to the planning system, removing around 10,000 full applications to cut costs and red tape for businesses, saving up to £43 million a year.

    Mr Healey also confirmed the final grant allocations for councils from the £135m fund to support councils in planning and building more homes. The Housing and Planning Delivery Grant (HPDG) funding, pledged in December last year, acts as an incentive to strengthen councils’ responses to local housing pressures by using the most efficient planning procedures.

Wed 17th Mar 2010
  • UK house prices 6.2 per cent higher than in January 2009

    The latest UK house price index statistics produced by Communities and Local Government were released yesterday (Tuesday 16 March 2010)

    The latest statistics release includes data based on mortgage completions during the month of January 2010.

    The UK average house price rose by 6.2 per cent in the year to January 2010, compared with a rise of 2.9 per cent in the year to December. Between December and January there was a rise of 2.2 per cent in house prices compared with a fall of 0.9 per cent over the same period last year. Nine consecutive month on month rises in the UK house price index have resulted in an increase over the year to January.

Mon 15th Mar 2010
  • Property finance: Lending terms change at Bank of Mum and Dad

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    Estate agents say that up to eight in ten first-time buyers get financial help from their families.
  • Landlord Mass Lobby to save Private Rented Sector

    Private sector landlords are urging support from MPs in a last stand to save the future of renting to students and young professionals. Nurses, teachers and a generation of young workers could be hit by a government plan to prohibit areas of shared housing for groups of unrelated tenants. The legislation comes into force on 6 April [...]
Fri 12th Mar 2010
  • UK homelessness falls by 72% despite economic downturn

    The number of people considered homeless has fallen 72% since 2003, official figures claim.

    The figures also show that 9430 households were accepted as homeless by local authorities between October to December 2009 - a 22% reduction compared to the same time last year.

  • Mortgage moves leave borrowers with gambler's choice

    A number of new mortgage deals have gone on the market this week.

    Commenting on the launch of HSBC’s 1.99% discount mortgage deal and Santander’s mortgage rate cuts, Hannah-Mercedes Skenfield, mortgages channel manager at moneysupermarket.com, said: "Any cuts in rates and fees is good news for mortgage borrowers, and its great to see Santander and HSBC leading the charge by announcing changes and additions to their mortgage offerings.

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