News
Property News
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Generation gaffe – young people failing at maintenance and DIY 25th August 2010
A lack of DIY and home maintenance skills is leading to a ‘Dad’ll Do It’ generation of youngsters who can’t even wire a plug. • 50% of under 35 year olds can’t wire a plug • 65% of under 35 year olds admit their dads are better at DIY than they are • Lack of home maintenance and... Read More
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Most people should stay on top of their finances 25th August 2010
New data from the Council of Mortgage lenders ( CML) confirms that gross mortgage lending increased in July by 5% compared to the previous month. Gross mortgage lending totalled an estimated £13.6 billion in July, from £12.9 billion in June but down 3% from £14 billion in July 2009.The... Read More
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Countdown to uk’s busiest move date 25th August 2010
The most popular moving date is Septemeber 1st according to the Post office home mover database. Exclusive data from the UK’s largest database of home movers has revealed that the busiest date for moving home is just two weeks away - as the most popular date for UK movers has been revealed... Read More
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Starts up for new housing units 25th August 2010
According to local government, the number of new housing units started in the second quarter of 2010 rose to 28590, the highest level since the second quarter of 2008 Commenting on the latest house building start figures, Simon Rubinsohn, RICS chief economist said ” Both the private and public... Read More
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Older generation shows greatest property confidence 18th August 2010
Results from the latest Worldwide Property Group confidence tracker survey reveal some interesting differences between the generations. Although the vast majority of people who took the survey are of the opinion that property prices will not fall over the coming year, there are large differences... Read More
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House purchase lending increases again 18th August 2010
In June 48% of new borrowers took out a fixed rate mortgage-the highest proportion so far in 2010, according to new data from the Council of Mortgage Lenders. Fixed rates had proved unpopular this year compared to the last several years due to an historic low bank rate with little prospect of the... Read More
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‘For sale’ boards to display energy efficiency ratings 18th August 2010
An EU Directive is making it compulsory for energy efficiency ratings to be published in all UK homes ‘for sale’ advertisements as of 2012. ‘For sale’ boards currently do not have to display the energy efficiency of the property but this is set to change according The National EPC... Read More
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Greater cooperation needed between house builders and local & central government 18th August 2010
A recent announcement by Housing Minister, Grant Shapps, reported action is to be taken to support the demand for new homes to be built. Under the New Homes Bonus scheme the government will match the council tax raised on each new house built for six years. Craig Hallam, New Homes Director for... Read More
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Invest in California with only $10,000 deposit 12th August 2010
The financial deluge that has hit the United States over the past two years has prompted a flurry of offers of cheap property. As the first signs of recovery begin to take hold, investors are looking to put their money where the action is - and where it’s going to be over the next few years... Read More
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Don’t abandon first time buyers 12th August 2010
The home building industry today urged the Government not to abandon first time buyers by axing crucial home-buying assistance in the Comprehensive Spending Review. HomeBuy Direct is a partially Government-backed scheme that has helped 10,000 first time buyers onto the property ladder over the... Read More
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Part-ownership will help to kick-start the market says new homes website 12th August 2010
A surplus of newly-built homes in the UK could help kick-start opportunities for the first-time-buyer over the next 12 months. That’s according to one industry expert who says newly built homes are the key to the door for young people desperate to have a place of their own. According to Vernon... Read More
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Base rate remains on hold 12th August 2010
The recent decision by the Bank of England’s Monetary Committee to keep the base rate on hold at 0.5% for another month running is very much as expected and appreciated by thousands of mortgagees across the country. Andy Cuthbert, Managing Director of dot financial services, comments... Read More