August 31, 2010
A new report from a right-wing think tank that holds sway with Tory ministers is recommending a radical overhaul of UK housing policy.
Policy Exchange is convinced that Britain is suffering from a housing crisis that affects both social tenants and those ...
Policy Exchange highlights social tenant trap
Permalink: Policy Exchange highlights social tenant trap
by Gill Montia
August 23, 2010
Housebuilder Bovis Homes has today claimed the coalition Government’s spending cuts and tax hikes have dented consumer confidence.
Its claim comes as the company reported a pre-tax profit of £3.5 million in the first half of 2010, compared with ...
Bovis: Consumers hit by spending cuts and tax hikes
Permalink: Bovis: Consumers hit by spending cuts and tax hikes
by Kay Mitchell
August 19, 2010
The Council of Mortgage Lenders (CML) has today reported a further rise in mortgage lending.
According to the CML, the amount of money lent in new mortgages totalled £13.6 billion in July - a 5% rise compared with June.
However, ...
Mortgage lending continues to rise but experts remain cautious
Permalink: Mortgage lending continues to rise but experts remain cautious
by Kay Mitchell
August 18, 2010
Paul Shamplina will be appearing on ITV’s “Tonight” programme, "Nightmare Tenants", on Thursday 26th August at 7.30pm, LandlordZONE has reported.
Mr Shamplina, who is the founder of tenant eviction firm, Landlord Action, will comment on a number of ongoing cases where landlords ...
ITV’s “Tonight” programme features nightmare tenants
Permalink: ITV’s “Tonight” programme features nightmare tenants
by Gill Montia
Aldermore extents BTL mortgage range
Permalink: Aldermore extents BTL mortgage range
by Gill Montia
August 17, 2010
Forty-seven per cent of possessions by landlords are due to tenants not paying their rent, research from the National Landlords' Association (NLA) suggests.
The revelation follows recent NLA figures showing that a fifth of private-residential landlords had tenants in rent ...
Tenant arrears account for 46% of landlord possessions
Permalink: Tenant arrears account for 46% of landlord possessions
by Gill Montia
Second-home ownership continues to rise
Permalink: Second-home ownership continues to rise
by Gill Montia
August 16, 2010
The Chartered Institute of Housing (CIH), which represents people working in housing and community, is calling on housing providers and government to focus attention on developing a wider range of rented accommodation.
In a new report entitled "Widening the Rental Housing Market" the ...
“In-betweens” forgotten in social housing
Permalink: “In-betweens” forgotten in social housing
by Gill Montia
Asking prices down in August, say Rightmove
Permalink: Asking prices down in August, say Rightmove
by Kay Mitchell
August 13, 2010
The buy-to-let mortgage market has "eased a little" in recent months, according to the Council of Mortgage Lenders (CML).
While buy-to-let lending remained "very subdued" in the second quarter of 2010, the number of loans taken out rose 13% on the previous three ...
Buy-to-let lending shows some improvement
Permalink: Buy-to-let lending shows some improvement
by Gill Montia
August 12, 2010
The Council of Mortgage Lenders (CML) has today reported a further fall in repossessions - the third consecutive quarter in which they have fallen.
According to the Council, lenders seized 9,400 properties in the April to June period - 400 less than ...
CML reports further fall in repossessions
Permalink: CML reports further fall in repossessions
by Kay Mitchell
August 11, 2010
Despite the doom and gloom surrounding the housing market currently, there is some positive news from the Council of Mortgage Lenders (CML).
According to the CML, 52,000 new loans were granted to home buyers in June - 19% higher than ...
Mortgage lending improves in June but CML cautious
Permalink: Mortgage lending improves in June but CML cautious
by Kay Mitchell
August 10, 2010
A decline in buyer demand is resulting in a fall in house prices, according to the latest survey by the Royal Institution of Chartered Surveyors (Rics).
Recent reports have highlighted that a high level of stock but a shortage of ...
Fears for housing market as buyer demand dwindles
Permalink: Fears for housing market as buyer demand dwindles
by Kay Mitchell
August 9, 2010
The Government is proposing to increase housing stocks by introducing a New House Bonus scheme for councils in England.
According to the National Housing Federation (NHF), the recession and housing market crash meant that the number of homes built in 2009/10 ...
New House Bonus to boost affordable homes
Permalink: New House Bonus to boost affordable homes
by Gill Montia
Mortgage fraud cases increase in first half
Permalink: Mortgage fraud cases increase in first half
by Kay Mitchell
Commercial property development activity hit by lack of funding
Permalink: Commercial property development activity hit by lack of funding
by Kay Mitchell
State pension alert on overseas retirement plans
Permalink: State pension alert on overseas retirement plans
by Gill Montia
August 6, 2010
The Home Builders Federation (HBF) is calling on the Government to help first-time buyers.
The request comes at a time when first-time buyer numbers are at their lowest in 35 years.
The HBF is asking the Government not to scrap schemes ...
HBF urges further funding for HomeBuy Direct scheme
Permalink: HBF urges further funding for HomeBuy Direct scheme
by Kay Mitchell
Connaught shares crash on new debt fears
Permalink: Connaught shares crash on new debt fears
by Brian Turner
August 5, 2010
The Bank of England’s (BoE) Monetary Policy Committee (MPC) today elected to keep UK interest rates on hold at the historically low level of 0.5% for the 18th consecutive month, as widely expected.
The news to leave interest rates at this low ...
BoE keeps interest rates on hold
Permalink: BoE keeps interest rates on hold
by Kay Mitchell