Latest property News

U.K property news

 

 

 

17th Nov 09

Rise in available buy-to-let deals reported

The number of buy-to-let deals available in the UK has increased from 179 in September 2009 to 239 today, according to personal finance website Moneyfacts.co.uk.

23rd Sept 09

Landlords find mortgages 'hard to come by'

Of the landlords looking to remortgage or buy a new property in the three months to the end of August, 8.4 per cent said it was more difficult to secure a buy-to-let mortgage than in the previous three months.

10th Sept 09 

MPC to make interest rate decision

The Bank of England interest rates decision for September will be made later today, with many economic commentators predicting there will be no change for the sixth month in a row.

13th July 09

Finance for mortgages "Still in short supply"

Prospective first-time buyers are still being hampered in their attempts to take out mortgages as lenders look to shield themselves from bad debt, it has been claimed.

15th June 09 

Consumers “Overcharged” for energy usage in homes

The National Housing Federation (NHF) has claimed that some homeowners and tenants could be able to claim back money they have put towards energy costs within their property.

 

02nd June 2009

Rics reacts to report on house prices 

 On Friday, the building society indicated that the average cost of a UK home had moved up 1.2 per cent in May - compared to the previous month - and Rics suggested this is a sign prices are stabilising.

According to Nationwide, the increase in property values now means the average residence in the country is now worth £154,016 - up from £151,861 in April.

Rics said its sales-to-stock ratio has moved in an upwards direction for the last four months in a row.

This, it claimed, is "historically a good lead indicator of turning points in house price inflation".

Like Nationwide, the chartered surveyor group believes it is too early to conclude that the property market is in complete recovery, although there are a number of regions in the UK where prices are beginning to climb.
 

21 May 2009 

Standards warning for buy-to-let sector

Landlords involved in the buy-to-let sector have been told they must show the "highest standards of customer service" when dealing with their property investment portfolios.

19th May 2009

 Hidden estate agency fees upping the cost of HIPs

Estate agents may be adding more than £100 to Home Information Pack (HIP) Costs.

A warning from the Law Society has urged sellers to check the real cost of their HIP with their estate agent to avoid inflated costs.

 

Advice given on the best time to buy property

Lenders probably have access to "the best marketing intelligence bar none" in regard to the property sector, according to one expert.

11 May 2009

Renovation tips for people selling property

Anyone selling their property may wish to take note of the latest home improvement research from HSBC.

11 May 2009

Property prices in focus

Property prices should be brought down to a more affordable level, according to a national campaign for housing costs.

08 May 2009

Bank of England interest rates stay at 0.5%

The Bank of England interest rates stayed at 0.5 per cent yesterday - the second month in a row the base rate has been frozen.

08 May 2009

Clampdown on letting agents announced

Every year, hundreds of thousands of pounds of consumers' money is lost to unethical letting agents, new research indicates.

07 May 2009

First-timers 'waiting it out' to buy house

First-time buyers are currently "waiting it out" to see if the price of property falls further in the coming months.

07 May 2009

Advice on mortgages 'a necessity'

Would-be homebuyers must seek advice on mortgages before taking out a home loan to buy property.

06 May 2009

Confidence in property prices up

 

20 Jan 2010

Mortgages 'now more affordable'
Mortgages are now more affordable than they have been in previous years because loan-to-value rates are not as high, it has been suggested.

18 Jan 2010

Remortgage figures 'continuing to fall'
The number of people who are remortgaging their homes continued to fall towards the end of 2009.


18 Jan 2010

Landlords 'harassed by regulations'
British landlords are becoming increasingly concerned about the level of regulation relating to buy-to-let properties, a recent survey has revealed.


15 Jan 2010

90% LTV mortgages 'needed for house price growth'
It has been suggested that 90 per cent loan-to-value (LTV) mortgages need to become more readily available to free the home loan market and in turn, ensure sustainable house price growth.


15 Jan 2010

Fixed-rate mortgages 'a personal decision'
The choice of whether to opt for a fixed-rate mortgage needs to be a personal decision, according to one finance expert.


14 Jan 2010

Paying mortgage on credit card 'could lead people to lose their home'
Homeowners who make their mortgage payments on a credit card have been advised against doing so by one expert as he states that it could lead to them losing their home.


14 Jan 2010

First-time buyers missed out on cheap homes 'due to lack of mortgages'
Many first-time buyers in the UK were unable to take advantage of cheap house prices and the stamp duty holiday because they were unable to secure a mortgage, one property expert states.


13 Jan 2010

Mortgage lending 'main constraint of housing market'
The current lack of mortgage lending is the main constraint on the housing market at present, according to one construction expert.
13 Jan 2010

12 Jan 2010


Bank of England interest rates 'will not rise until late 2011'
Bank of England interest rates will not rise until the latter part of 2011, in the opinion of one finance expert.

12 Jan 2010


Uniform valuing system 'necessary to sell mortgages fairly'
It is necessary to have a uniform valuing system in place for banks which have bad debt on their books in order for mortgages to be sold on a fair basis, one expert states.


11 Jan 2010

Retrofitting UK properties needs to become 'the rule'
Retrofitting properties in the UK in order to make them more energy efficient needs to become "the rule and not the exception", one environmental expert states.

11 Jan 2010


'Shop around' to get cheapest mortgage deal
 
Homeowners who are looking to save money in the new year should "shop around" in order to ensure that they have the cheapest mortgage deal, one expert states.