October 19, 2009

Surrey sees large increase in buyer searches

Permalink: Surrey sees large increase in buyer searches
by Kay Mitchell

New research from property website FindaProperty.com has found that Surrey has experienced a large increase in the number of property searches by buyers over the last six months. According to the group, the average house price in September in the county ...


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Main: Home News Guides Forums Property News: Property Prices Mortgages Property Developments Rental Property Overseas Property HIPS Property Guides Property Forums: Buying Property Selling Property Estate Agents Solicitors/Legal Mortgages Builders/Developers Property Development Home Improvement Buying Property Abroad	October 19, 2009 Surrey sees large increase in buyer searches Permalink: Surrey sees large increase in buyer searches by Kay Mitchell New research from property website FindaProperty.com has found that Surrey has experienced a large increase in the number of property searches by buyers over the last six months. According to the group, the average house price in September in the county ... (more...) London asking prices up 6.5% Permalink: London asking prices up 6.5% by Kay Mitchell Property website Rightmove has today revealed that asking prices in the capital have soared 6.5% to £416,157 in the four weeks to 10 October. The rise means property asking prices in London have smashed through the peak of November 2007 as a lack ... (more...) FSA unveils new mortgage lending rules Permalink: FSA unveils new mortgage lending rules by Kay Mitchell The Financial Services Authority (FSA) has today revealed a shake-up in lending which will see affordability tests for all mortgages and making lenders legally responsible for loans that cannot be repaid. Under new proposals, the FSA will force banks and ... (more...) Scottish local authority tenants to lose right to buy Permalink: Scottish local authority tenants to lose right to buy by Gill Montia The Scottish government is planning to ditch the "right to buy" option currently afforded to tenants in local authority properties. Scotland's deputy first minister, Nicola Sturgeon, has hinted that measures could be introduced for new tenants as early as ... (more...) October 16, 2009 Homebuyers urged to act now before stamp duty holiday ends Permalink: Homebuyers urged to act now before stamp duty holiday ends by Kay Mitchell Solicitors Baxter Caulfield is reminding potential homebuyers that the stamp duty holiday comes to an end on 31 December 2009 and if they are to complete transactions before that date, they need to act now. In September 2008, ... (more...) October 15, 2009 Assetz believes ‘double dip’ still unlikely Permalink: Assetz believes ‘double dip’ still unlikely by Kay Mitchell A double dip recovery in the housing market is unlikely according to investment company Assetz. According to the Halifax and Nationwide, house prices have been rising over the last few months but many experts are predicting that house prices will fall again, ... (more...) October 14, 2009 Equity release sales up 19% in Q3 Permalink: Equity release sales up 19% in Q3 by Kay Mitchell The latest Equity Release Market Monitor from Key Retirement Solutions (KRS) has revealed a rise in equity release take-up in the July to September period. Equity release sales were up 19% during the period compared to the April to June period, ... (more...) October 13, 2009 Zoopla survey reveals housing market optimism Permalink: Zoopla survey reveals housing market optimism by Kay Mitchell A survey by online property website Zoopla.co.uk has found that more than three-quarters (79%) of homeowners believe home values will rise in the next six months, while only 11% are expecting house prices to fall over the same period. In its quarterly ... (more...) Shortage of homes pushing up prices Permalink: Shortage of homes pushing up prices by Kay Mitchell The Royal Institution of Chartered Surveyors (Rics) has discovered that a lack of homes up for sale has resulted in the strongest rise in house prices since the start of the credit crunch. According to Rics, its headline house price balance has ... (more...) October 12, 2009 Abbey advises first-time buyers to take the plunge now Permalink: Abbey advises first-time buyers to take the plunge now by Kay Mitchell Abbey Mortgages is advising potential first-time buyers who are currently renting to take their first step onto the property ladder. The bank’s research shows that first-time buyers could collectively save up to a massive £1 billion if they acted ... (more...) CML: Mortgage lending falls in August Permalink: CML: Mortgage lending falls in August by Kay Mitchell The Council of Mortgage Lenders (CML) has today revealed a slight fall in the number of home loans for house purchase in August. According to the CML, there were 53,000 new mortgages granted in August compared to 56,000 in July. While the figure ... (more...) UK interest rates to remain at record low for medium-term Permalink: UK interest rates to remain at record low for medium-term by Kay Mitchell Influential think tank, the Centre for Economics and Business Research (CEBR), believes interest rates will remain at their current historic level of 0.5% until 2011. Meanwhile, rates will not reach 2% until 2014 as a result of the ... (more...) October 9, 2009 Confidence in overseas property markets remains resilient Permalink: Confidence in overseas property markets remains resilient by Gill Montia Conti has reported strong activity from British investors in overseas property markets. The foreign mortgage specialist recorded a 20% increase in mortgage quotes during September, with the value of applications submitted to overseas lenders at a 12 month high. The firm ... (more...) October 8, 2009 Mortgage holders unsure about future of interest rates Permalink: Mortgage holders unsure about future of interest rates by Kay Mitchell As interest rates remain at a historically low levels for the seventh consecutive month, an extra 100,000 people every month are benefiting from falling mortgage repayments, according to the Council of Mortgage Lenders (CML). However, it appears that many are ... (more...) Tips for trouble free return of tenant deposits Permalink: Tips for trouble free return of tenant deposits by Gill Montia Edinburgh-based Cullen Property is offering some hot tips for student tenants, aimed at ensuring deposits are returned at speed when a tenancy ends. First and foremost, request an inventory and check the inventory to ensure everything listed is ... (more...) Mixed views over housing market recovery Permalink: Mixed views over housing market recovery by Kay Mitchell The National Association of Estate Agents (NAEA) is optimistic about the housing market after it said sales and the number of potential buyers registering with an estate agent, increased in September compared with August. According to the NAEA, the average number ... (more...) October 7, 2009 EU proposes disability “adjustments” for let homes Permalink: EU proposes disability “adjustments” for let homes by Gill Montia Landlord Assist is alerting landlords to proposed new legislation from the EU that could require the conversion of rental properties for tenants with disabilities, regardless of whether properties are let to such tenants. According to the arrears and eviction specialist, the ... (more...) October 6, 2009 Taylor Wimpey sees growing confidence in housing market Permalink: Taylor Wimpey sees growing confidence in housing market by Kay Mitchell Housebuilder Taylor Wimpey South West Thames believes confidence is growing in the property market and is advising prospective buyers to take the plunge, whether it be first-time buyers or those wanting to upgrade to a bigger home. According to the ... (more...) Halifax reports further rise in house prices Permalink: Halifax reports further rise in house prices by Kay Mitchell The latest property index from the Halifax has revealed a rise in house prices for the month of September. According to the Halifax, house prices rose by 1.6% with the average UK property now costing £163,533. In the meantime, prices in ... (more...) “No deposit” insurance helpful to tenants and landlords Permalink: “No deposit” insurance helpful to tenants and landlords by Gill Montia Paragon Insurance is reminding landlords and students of the existence of "no deposit" insurance, whereby a tenant pays a one-off premium for an insurance policy, in lieu of a deposit. Students in particular can be excluded from the rental market ... 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Surrey sees large increase in buyer searches

London asking prices up 6.5%

FSA unveils new mortgage lending rules

Scottish local authority tenants to lose right to buy

Homebuyers urged to act now before stamp duty holiday ends

Assetz believes ‘double dip’ still unlikely

Equity release sales up 19% in Q3

Zoopla survey reveals housing market optimism

Shortage of homes pushing up prices

Abbey advises first-time buyers to take the plunge now

CML: Mortgage lending falls in August

UK interest rates to remain at record low for medium-term

Confidence in overseas property markets remains resilient

Mortgage holders unsure about future of interest rates

Tips for trouble free return of tenant deposits

Mixed views over housing market recovery

EU proposes disability “adjustments” for let homes

Taylor Wimpey sees growing confidence in housing market

Halifax reports further rise in house prices

“No deposit” insurance helpful to tenants and landlords

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