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May 31, 2009
Mortgage rescue scheme helps just two homeowners
Permalink: Mortgage rescue scheme helps just two homeowners
by Kay Murchie
A £285 million mortgage rescue scheme, introduced across England in January to help struggling families avoid repossession, has helped just two households according to official figures.
It is reported that 1,084 households applied to local authorities for help last month but ...
May 29, 2009
George Wimpey offers family living near Alfreton
Permalink: George Wimpey offers family living near Alfreton
by Kay Murchie
George Wimpey are currently offering a new development at Church View in Blackwell, near Alfreton, Derbyshire.
The development comprises six 4 and 5 bedroom detached family homes situated on Primrose Hill on the edge of Blackwell village within easy reach of ...
George Wimpey’s new Central Square development attracts interest
Permalink: George Wimpey’s new Central Square development attracts interest
by Kay Murchie
George Wimpey said its new Central Square development has attracted a lot of interest with 8 homes sold since it opened its three bedroom Sloane and Stokesley show homes, and has received considerable interest on the remaining homes at ...
George Wimpey offers contemporary living in Kingston Park, Newcastle
Permalink: George Wimpey offers contemporary living in Kingston Park, Newcastle
by Kay Murchie
George Wimpey are offering a new development with young professionals and growing families in mind, which is just a few minutes commute to Newcastle.
The Juniper at Central Grange comprises a three bedroom, three storey home, conveniently situated outside ...
Nationwide: House prices up 1.2% in May
Permalink: Nationwide: House prices up 1.2% in May
by Kay Murchie
There are further signs of recovery today in the housing market after the Nationwide has reported a rise in prices of 1.2% in May, compared with April.
This takes the average price of a home to £154,016.
The Nationwide said house ...
May 28, 2009
Average asking rent remains steady in May
Permalink: Average asking rent remains steady in May
by Kay Murchie
According to FindaProperty.com's rental index for May, average asking rent in the UK remained unchanged at £819 a month in May from the previous month. However, this figure is 5.5% lower than May 2008.
FindaProperty.com has also reported that a ...
Homes & Land to benefit from international exposure through Enormo
Permalink: Homes & Land to benefit from international exposure through Enormo
by Kay Murchie
Enormo, the world’s largest international real estate website, has formed a partnership with Homes & Land, a specialist in real estate media.
The joint venture means Homes & Land (which prints 50 million magazines annually) will gain international ...
May 27, 2009
BBA: Mortgage lending up in April
Permalink: BBA: Mortgage lending up in April
by Kay Murchie
According to the British Bankers' Association (BBA), the number of mortgages approved for house purchases rose by 4% in April compared with the previous month, rising from 26,671 to 27,685 approvals.
However, compared with April 2008, this represented a fall of 15.5%.
Furthermore, ...
May 26, 2009
Jones Lang LaSalle predict further falls in house prices
Permalink: Jones Lang LaSalle predict further falls in house prices
by Kay Murchie
According to Jones Lang LaSalle, house prices in the UK could fall a further 12-14% during the remainder of the year and a further 1-3% next year.
The outlook is even worse for central London with the organisation predicting ...
Leaders report shift in the lettings market
Permalink: Leaders report shift in the lettings market
by Kay Murchie
According to Leaders, the letting agency, a shift is being seen in the lettings market, whereby one that was previously more favourable to tenants over the last few months, is now becoming more favourable to landlords.
The agency suggests that as ...
Overseas investors tempted by new London projects
Permalink: Overseas investors tempted by new London projects
by Kay Murchie
Housebuilder Barratt has reported that new developments in London are attracting overseas investors.
According to Barratt London managing director, Alastair Baird, “Despite the recession, this fresh international investor activity proves that London has lost none of its appeal as one of ...
David Wilson Homes development wins award
Permalink: David Wilson Homes development wins award
by Kay Murchie
A development by David Wilson Homes Southern in Overton village has been awarded a Special Commendation in the Evening Standard New Homes Awards.
The four bedroom show home at Greenfield comprises a two-storey solar space conservatory, solar heating panels and a rainwater ...
May 21, 2009
CML: Gross mortgage lending falls in April
Permalink: CML: Gross mortgage lending falls in April
by Kay Murchie
The Council of Mortgage Lenders (CML) have revealed today that gross mortgage lending fell in April to £10.4 billion, down from £11.4 billion the previous month and down from £26.1 billion in April last year.
However, there is a slight fall ...
CAB slams letting agents over unreasonable charges
Permalink: CAB slams letting agents over unreasonable charges
by Gill Montia
The Citizens' Advice Bureau (CAB) has issued a new report entitled "Let Down" in which it claims that private tenants in England and Wales are frequently the victims of a system that allows letting agents to operate completely unchecked.
The charity ...
May 19, 2009
Estate Agents profiting from controversial Hips
Permalink: Estate Agents profiting from controversial Hips
by Kay Murchie
The controversial Home Information Packs (Hips) have hit the headlines again but this time with a report that indicates that estate agents are receiving commission from providers.
Hips have long been branded “a waste of time” by critics since their inception in ...
Mortgage comparison tool launched today
Permalink: Mortgage comparison tool launched today
by Kay Murchie
A new service created by Evaluate Technologies enables consumers to select a mortgage to suit their own needs, without having to rely on a mortgage broker.
The new mortgage comparison tool, called EvaluateConsumer, has been designed to offer consumers the facility to ...
Five million homeowners consider becoming reluctant landlords
Permalink: Five million homeowners consider becoming reluctant landlords
by Gill Montia
New research suggests that almost five million UK homeowners have already considered renting out their entire dwellings or a spare room.
According to Unbiased.co.uk, the professional advice website, one-third of those mulling over such options are keen to avoid making a ...
May 18, 2009
Confidence returning as property sales highest since October 2007
Permalink: Confidence returning as property sales highest since October 2007
by Kay Murchie
There is further evidence out today that the housing market may be recovering after the National Association of Estate Agents (NAEA) reported that property sales in April were at their highest since October 2007.
According to the NAEA, the ...
Responsible lending leads Co-operative Bank to halve repossessions
Permalink: Responsible lending leads Co-operative Bank to halve repossessions
by Kay Murchie
The Co-operative Bank has announced it has slashed its repossessions by 50% in the last 16 months.
According to the ethical financial institution, in the last 16 months just 8 customers have suffered repossession compared with 16 repossessions in the ...
Optimism among vendors sees asking prices up 2.4% in May
Permalink: Optimism among vendors sees asking prices up 2.4% in May
by Kay Murchie
Property website Rightmove has revealed that property asking prices are up for the fourth month in a row, up by 2.4%.
According to Rightmove, the average asking price of a home increased by £5,000 to £227,441, during ...
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