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	<title>Home Move Property News</title>
	<link>http://www.homemove.co.uk/news</link>
	<description>UK Property News at HomeMove.co.uk</description>
	<lastBuildDate>Wed, 19 Nov 2008 17:45:29 +0000</lastBuildDate>
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		<title>Buy-to-let landlords at more risk of negative equity</title>
		<description><![CDATA[


Ratings agency Standard &#038; Poor’s has estimated that between 20% and 40% of landlords could be in negative equity next year if the prices of property fall by up to 30%, as predicted. If this happens, they will owe more on their property than it is worth.
Landlords who entered the market in the past two [...]]]></description>
		<link>http://www.homemove.co.uk/news/19-11-2008/buy-to-let-landlords-at-more-risk-of-negative-equity.html</link>
			</item>
	<item>
		<title>Home Builders Federation calls for £2bn boost to homes fund</title>
		<description><![CDATA[


The Home Builders Federation (HBF) has called on the government to expand its £200m clearing house fund set up to buy unwanted homes from the private sector to create social housing.
The fund was one of the measures introduced by the government in the spring Budget in an attempt to prevent the collapse of the housing [...]]]></description>
		<link>http://www.homemove.co.uk/news/19-11-2008/home-builders-federation-calls-for-2bn-boost-to-homes-fund.html</link>
			</item>
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		<title>Inexperienced landlords must be well-prepared, says the NLA</title>
		<description><![CDATA[


Research published by the National Landlords’ Association (NLA) has identified a new breed of reluctant landlords, who are homeowners letting out their own properties to avoid selling at a loss.
The NLA feels that these new entrants to the lettings market pose a major risk to the overall health of the British rental market. New landlords, [...]]]></description>
		<link>http://www.homemove.co.uk/news/19-11-2008/inexperienced-landlords-must-be-well-prepared-says-the-nla.html</link>
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		<title>Fall in asking prices reaches new low</title>
		<description><![CDATA[


Rightmove’s house price index has revealed that the number of house owners putting their properties on the market has fallen to the lowest level since 2002.
During November 2007, 35,000 houses were put up for sale each week, which has fallen to 20,000 properties a week in November 2008.
The property search website’s information shows the average [...]]]></description>
		<link>http://www.homemove.co.uk/news/18-11-2008/fall-in-asking-prices-reaches-new-low.html</link>
			</item>
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		<title>Law Society warns that online competitions to win a home could be unlawful</title>
		<description><![CDATA[


There are growing concerns about the legality of online competitions that offer the chance to acquire a home for as little as £25. 
As a result, home sellers are being warned by the Law Society to tread carefully in relation to homes being sold via competitions or risk breaking the law.
An increasing number of homeowners [...]]]></description>
		<link>http://www.homemove.co.uk/news/18-11-2008/law-society-warns-that-online-competitions-to-win-a-home-could-be-unlawful.html</link>
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		<title>Problems for buy-to-let landlords in competitive market</title>
		<description><![CDATA[


Tempted by increased tenant demand and the possibility of buying property at bargain prices, buy-to-let investors are eager to add to their portfolios. Mortgage Works, a subsidiary of Nationwide, has conducted a survey of brokers which indicates that buy-to-let professionals are intending to buy more properties over the next year.
Tenant demand is strong, particularly for [...]]]></description>
		<link>http://www.homemove.co.uk/news/17-11-2008/problems-for-buy-to-let-landlords-in-competitive-market.html</link>
			</item>
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		<title>Low deposit mortgage deals harder to find</title>
		<description><![CDATA[


Although the availability of houses at lower prices should in theory benefit first-time buyers (FTBs), the virtual disappearance of low-deposit mortgages is still making it difficult for FTBs to get on to the housing ladder.
Moneyfacts has produced figures that show that currently there are only 35 deals available to borrowers with a 5% deposit, and [...]]]></description>
		<link>http://www.homemove.co.uk/news/16-11-2008/low-deposit-mortgage-deals-harder-to-find.html</link>
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		<title>Relaunch of tracker deals for new borrowers</title>
		<description><![CDATA[


Mortgage lenders are beginning to relaunch tracker deals for new borrowers following the withdrawal of many products after the cut in the bank rate last week from 4.5% to 3%.
Abbey, Alliance &#038; Leicester and Lloyds TSB, which runs the Cheltenham &#038; Gloucester, have all started marketing new tracker deals to new borrowers, all with wider [...]]]></description>
		<link>http://www.homemove.co.uk/news/14-11-2008/relaunch-of-tracker-deals-for-new-borrowers.html</link>
			</item>
	<item>
		<title>Rightmove is losing 300 estate agents each month</title>
		<description><![CDATA[


Up to 300 estate agents a month are leaving the property website Rightmove. Its agency membership has dropped by 1,900 since the peak of 12,600 a year ago.
As a result of the challenging UK housing market, with very low housing transaction volumes, a significant number of estate agents have left the market. Some others have [...]]]></description>
		<link>http://www.homemove.co.uk/news/14-11-2008/rightmove-is-losing-300-estate-agents-each-month.html</link>
			</item>
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		<title>15% drop in number of first-time buyer loans in September</title>
		<description><![CDATA[


Despite the government&#8217;s efforts to give momentum to the housing market, the number of mortgages taken out for house purchases has fallen to a record low. The Council of Mortgage Lenders’ (CML) figures for September reveal that just 35,000 new loans were approved during the month.
New loans for homebuyers in September were 15% lower than [...]]]></description>
		<link>http://www.homemove.co.uk/news/14-11-2008/15-drop-in-number-of-first-time-buyer-loans-in-september.html</link>
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