News
Property News
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Mortgage deals on offer from lenders increase 10th March 2010
Mortgage availability for homebuyers has improved over the past month, according to figures from the financial information service Moneyfacts. An increasing number of building societies and lenders are becoming more accommodating which is in turn increasing competition – therefore a better... Read More
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Average house price £166,587 according to Halifax 10th March 2010
Following seven consecutive monthly increases, house prices in February suffered a monthly decline of 1.5 per cent, according to latest figures from the Halifax. However, on an annual basis, prices rose by 4.5 per cent, easily beating last month’s 3.6 per cent growth which, at that point, had been... Read More
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Confidence rises in February 10th March 2010
Consumer confidence increased in February and now stands at its highest level since January 2008.according to the Nationwide consumer confidence survey The Expectations Index reached its highest level since records began, climbing six points in February to 115. 39% and those... Read More
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Mortgage rates on hold 10th March 2010
Once again the bank interest rate was held at 0.5% The good news for borrowers is that while bank rate remains dormant, mortgage rates continue to drift lower. The availability of 75% loan to value loans has continued to improve and this has prompted more competition ensuring obvious benefits... Read More
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Expectation of house price increases reaches new high 25th February 2010
Latest figures from the Worldwide Property Group have revealed that the expectation that house prices will increase over the next 12 months has reached a new high. The company’s monthly confidence tracker survey shows that a huge 69% of January respondents expect prices to increase. This is the... Read More
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Good advice for tenants 25th February 2010
Following the recent Avenues editorial article (10th February edition), outlining a number of government proposals for the private rented sector, Mrs Susan Hughes-Thomas MARLA President Elect of ARLA confirms that its good advice for tenants to choose agents who belong to the... Read More
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Energy-efficiency: the benefits 25th February 2010
It’s hard to imagine a time when homes didn’t have something as ‘simple’ as central heating. Two generations have grown up waking to a warm home, even if most of the heat has then escaped through badly insulated lofts and draughty windows. Now that the energy-efficiency of a property has... Read More
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Spring bounce & warmer weather will improve sales 18th February 2010
House prices rose again in January but buyer interest and new instructions to sell property fell as bad weather hit activity in the market, says RICS latest UK Housing Market survey. So presumably as the weather warms up new instructions to sell property will increase . In January, 32... Read More
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London increases cause ripple effect in property market 18th February 2010
Asking prices in London rose by 0.7% this month to £436,101, and are 8.0% higher than one year ago. Prices in the capital have risen in nine out of the past 12 months, concrete evidence that London is leading the recovery of the national housing market - with the ‘ripple effect’ spreading... Read More
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Fewer landlords today with buy-to-let arrears 18th February 2010
Fewer landlords are experiencing financial difficulty, according to the National Landlords Association (NLA), commenting on the publication of the latest buy-to-let arrears data published by the Council of Mortgage Lenders (CML). Simon Gordon, Head of Communications, NLA, said: “The latest... Read More
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Stamp duty rush causes two-year high for first-time buyers 18th February 2010
The number of loans to first-time buyers hit a two-year high in December 2009, driven by a rush to buy properties in the £125,000 - £175,000 bracket before the year-end stamp duty concession expired, according to figures released today by the Council of Mortgage Lenders. The CML has also... Read More
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Energy inefficient homes exposed by cold period 12th February 2010
If the recent cold period doesn’t jolt homeowners into necessary energy efficiency measures, nothing will, according to experts. There could be thousands of homes without sufficient measures in place to ensure energy efficiency, leaving them exposed to freezing conditions according to Royal... Read More
