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UK Property News 07 2006

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London house prices misrepresent overall trend

House prices in London continue to shore up a property market that is beginning to follow predictions of a comedown, research suggests.

31 Jul 2006
London house prices misrepresent overall trend
Landlords at risk from unprofessional letting agents

Letting agents who take on a massive amount of houses to let and then provide a low standard of service are putting landlords at risk.

31 Jul 2006
Landlords at risk from unprofessional letting agents
British households throw away £144.5 million

Households in Britain are overpaying on their home insurance by an average of £1.7 billion each year.

28 Jul 2006
British households throw away £144.5 million
The dream of getting on the property ladder

People in Britain would rather get on the property ladder and be free of huge debts than be famous or have mountains of money.

28 Jul 2006
The dream of getting on the property ladder
Homeowners move house 2.6 times

On average people move house 2.6 times through a whole period of home ownership, new figures suggest.

27 Jul 2006
Homeowners move house 2.6 times
Banks urge caution on house prices

A lull in the housing market has been widely tipped by many banks as house prices become increasingly out of proportion with people's salaries.

27 Jul 2006
Banks urge caution on house prices
Rural housing shortage

Campaign groups are calling for the government to address the shortage in affordable rural housing.

26 Jul 2006
Rural housing shortage
Minister pledges the continuation of HIPs

Ruth Kelly, secretary of state, has given assurances to the Association of Home Information Pack Providers (AHIPP) that Home Information Packs (HIPs) will not be abandoned.

26 Jul 2006
Minister pledges the continuation of HIPs
Renting a new home can make you healthier

The Scottish housing agency has compiled research that suggests when tenants move to a new home there are a range of health benefits.

25 Jul 2006
Renting a new home can make you healthier
Survey shows people would prefer a garden

A garden can prove to be a key factor in persuading prospective buyers to purchase a property, according to new research.

25 Jul 2006
Survey shows people would prefer a garden
Interest rates don't have to rise this year

The Item Club funded by the Ernst & Young group has stated in its latest report that the interest rate should remain at 4.5 per cent.

24 Jul 2006
Interest rates don't have to rise this year
Consumer groups angry at fiasco of Hips

The government's Home Information Packs (Hips) scheme has been attacked yet again, this time by consumer watchdog Which?.

24 Jul 2006
Consumer groups angry at fiasco of Hips
Rented sector awaits clarification

The government has been instructed to "make things happen" regarding the forthcoming tenancy deposit scheme, after it was revealed it will be delayed until April 2007.

21 Jul 2006
Rented sector awaits clarification
Brits relying on property for retirement income

A new survey indicates that a significant proportion of British homeowners see their own property as central to their retirement income.

21 Jul 2006
Brits relying on property for retirement income
Sellers 'will benefit from Hips U-turn'

The government's latest decision on Home Information Packs (Hips) has been welcomed by the Council of Mortgage Lenders (CML).

20 Jul 2006
Sellers 'will benefit from Hips U-turn'
OFT gets tough on estate agents

The Office of Fair Trading (OFT) has amended or removed a number of unfair terms from the contracts of 25 estate agency businesses.

20 Jul 2006
OFT gets tough on estate agents
Government backtracks on Hips

The government has confirmed that Home Condition Reports (HCRs) will only be a voluntary part of Home Information Packs (Hips) when they are introduced in June next year.

19 Jul 2006
Government backtracks on Hips
Optimistic homeowners expect price rises

Britons are six times more likely to believe that their local area will outperform the national housing market than trail behind it, according to new research.

19 Jul 2006
Optimistic homeowners expect price rises
London boom 'widens north/south divide'

A booming property sector in London and the south-east has caused the gap between house prices in the north and in the south to open again.

18 Jul 2006
London boom 'widens north/south divide'
Average house price 'set to approach £300,000

A new report by Oxford Economic Forecasting (OEF) suggests that the average home will cost almost £300,000 by 2011.

18 Jul 2006
Average house price 'set to approach £300,000
Homebuyers 'need efficient assistance'

A new report from the National Audit Office (NAO) suggests that there needs to be more efficiency and focus when dishing out assistance to struggling first-time buyers.

17 Jul 2006
Homebuyers 'need efficient assistance'
High demand sends house prices soaring

The period from early June to early July saw asking prices for houses in England and Wales rising at their quickest annual pace for more than a year.

17 Jul 2006
High demand sends house prices soaring
Ruth Kelly sets out commitment to housing

In a letter to the prime minister, Ruth Kelly has outlined her ambitions for her new role and has highlighted some of the most pressing issues that she will face.

14 Jul 2006
Ruth Kelly sets out commitment to housing
Summer slowdown for property market

A new report based on the six major UK house price indices has concluded that the market is beginning to slow.

14 Jul 2006
Summer slowdown for property market
Report blasts 'lying' Hip critics

A new report has slammed the "irresponsible" critics of Home Information Packs (Hips), claiming that they are deliberately misleading the public.

13 Jul 2006
Report blasts 'lying' Hip critics
Man trades paperclip for a house

A Canadian man has followed an unorthodox route to homeownership by trading a red paperclip for a house.

13 Jul 2006
Man trades paperclip for a house
Scrapping Hips would be 'huge setback'

Postponing or abandoning the introduction of Home Information Packs (Hips) would cost consumers more than £300 million a year, according to a new report.

12 Jul 2006
Scrapping Hips would be 'huge setback'
Bristol emerges as investment hotspot

The property market in Bristol is reportedly booming, with major regeneration making it a hotspot for investors.

12 Jul 2006
Bristol emerges as investment hotspot
Hips dismissed as 'pointless'

The National Association of Estate Agents (NAEA) has once again criticised Home Information Packs (Hips) arguing that they will fail to achieve their primary objective.

11 Jul 2006
Hips dismissed as 'pointless'
Apartments getting cheaper

The average price for a new apartment in the UK fell by one per cent in June in spite of an overall shortage of properties on the market.

11 Jul 2006
Apartments getting cheaper
Report points to bleak future for city apartments

Often seen as the ideal choice for young, wealthy professionals, city apartments are apparently struggling to attract buyers.

10 Jul 2006
Report points to bleak future for city apartments
London house prices stall in June

After months of solid growth, house prices in London fell by one per cent in June, according to a new report.

10 Jul 2006
London house prices stall in June
House prices fall in June

After months of significant increases, house prices are thought to have fallen by 1.2 per cent in June.

07 Jul 2006
House prices fall in June
Scottish house sellers enjoying strong demand

House prices in Scotland have reportedly increased by almost 11 per cent in the last 12 months, with sellers enjoying extraordinary demand.

07 Jul 2006
Scottish house sellers enjoying strong demand
Buy-to-let sector faces up to HMO regulation

The grace period for adhering to new regulations for houses in multiple occupation (HMOs) is now over, leaving the buy-to-let sector with a number of key considerations.

06 Jul 2006
Buy-to-let sector faces up to HMO regulation
House price growth stutters in England

The average UK house price has increased by 4.8 per cent in the last 12 months, but England is lagging behind its neighbours with growth of just 3.6 per cent.

06 Jul 2006
House price growth stutters in England
Housing market sentiment soars

There is new evidence today that the UK housing market is buoyant, with consumer confidence seemingly high.

05 Jul 2006
Housing market sentiment soars
High praise for Britain's builders

British builders have not always had the greatest of reputations, but a new report seems to suggest that their efforts are now being appreciated.

05 Jul 2006
High praise for Britain's builders
Supporters slam criticism of Hips

A highly critical report on Home Information Packs (Hips) has been dismissed by supporters of the initiative, who claim that the findings are "simply nonsense".

04 Jul 2006
Supporters slam criticism of Hips
Brits choosing 'apartment-style living'

New evidence suggests that Brits are beginning to prefer apartments over other housing options.

04 Jul 2006
Brits choosing 'apartment-style living'
The affordability crisis for the over-50s

New research suggests that nearly a quarter of those in their 50s cannot afford to purchase a home.

03 Jul 2006
The affordability crisis for the over-50s
Housing market shows signs of volatility

The property market in the UK has enjoyed a period of relative buoyancy in the first half of 2006, but a new report has also observed evidence of fragility.

03 Jul 2006
Housing market shows signs of volatility




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