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New builds 'could be easier to sell'

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Property News - New builds 'could be easier to sell'

New builds 'could be easier to sell'

Posted: 06 Feb 2008 11:44:24 GMT

New properties could be easier to sell on in the future because they are build to more contemporary standards and therefore could potentially appeal to more people.


New properties could be easier to sell on in the future because they are build to more contemporary standards and therefore could potentially appeal to more people.

John Slaughter, director of external affairs at the Home Builders Federation, said that new properties are created to fit in with modern home requirements.

"The industry is doing lots of good things - we are building homes to much higher standards of energy efficiency under current building regulations than older homes, and they are designed more for the modern lifestyle than older properties," he said.

Such energy efficient measures could pay off when it comes to selling a building, as the energy performance certificate forms part of the now mandatory home information packs.

In addition, newer properties tend to make better use of space and offer a simple design, Mr Slaughter pointed out.

"Research showed that in the older style designs, separate rooms like dining rooms weren't used very much and so in terms of layout of the homes now, they are going to be more in tune with contemporary lifestyles," he explained.

"We always say that a new home is like a blank canvas to a large extent," Mr Slaughter went on. "You have more scope to adapt the home in the exact way that you want post-purchase and I think that is something a lot of people value."

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MORE UK PROPERTY NEWS: February 2008

Home sellers need to consider cosmetics  Posted: 29 Feb 2008 10:41:32 GMT
Anyone wishing to sell their property may need to consider repainting their front door, according to new research from the Co-operative Bank.

March rate cut not on the cards  Posted: 29 Feb 2008 10:40:30 GMT
A new poll suggests that the Bank of England's Monetary Policy Committee (MPC) will not cut the base rate of interest next week.

Hips to highlight asbestos problems  Posted: 28 Feb 2008 11:08:27 GMT
Home information packs (Hips) will help to highlight problems with asbestos before a purchase is secured.

New housing strategy launched  Posted: 28 Feb 2008 11:06:48 GMT
The government has launched a new housing strategy which could change the face of UK new builds.

Sellers advised on making gardens appear bigger  Posted: 27 Feb 2008 10:56:17 GMT
Home sellers have been offered some advice on how to make their gardens appear larger.

Tracker mortgages good option for many  Posted: 27 Feb 2008 10:55:20 GMT
Tracker-rate mortgages are proving to be popular among borrowers at present, with many people expecting the base rate of interest to continue falling.

Landlord lending rises  Posted: 26 Feb 2008 11:14:32 GMT
Buy-to-let mortgage lending rose in the second half of 2007, according to the latest figures from the Council of Mortgage Lenders (CML).

Market offers FTBs many opportunities  Posted: 26 Feb 2008 11:13:41 GMT
The current housing market conditions favour first-time buyers (FTBs) and present huge opportunities.

Mortgage lending rises  Posted: 25 Feb 2008 11:11:03 GMT
Gross mortgage lending increased in January, according to the latest figures from the British Bankers' Association (BBA).

Stamp duty bills rise  Posted: 25 Feb 2008 11:09:53 GMT
UK stamp duty bills increased between 2002 and 2007, making it increasingly difficult for first-time buyers (FTBs) to make it onto the property ladder.

Optimistic outlook for the housing market  Posted: 22 Feb 2008 11:58:38 GMT
There is a new sense of optimism in the UK housing market, according to the National Association of Estate Agents (NAEA).

Rate cut joy for borrowers  Posted: 22 Feb 2008 10:24:37 GMT
It has been revealed that the majority of UK mortgage lenders have already passed on the latest cut to the base rate of interest.

Chancellor urged to act over stamp duty  Posted: 21 Feb 2008 11:56:47 GMT
The chancellor of the exchequer is being urged to raise the threshold for stamp duty.

Borrowers seek mortgage security  Posted: 21 Feb 2008 11:55:47 GMT
New research suggests that the majority of British borrowers would prefer to take out a fixed-rate mortgage rather than any other type of deal.

MPC unanimous in rate cut vote  Posted: 20 Feb 2008 10:44:55 GMT
It appears that further cuts to the base rate of interest are on the cards, following the publication of the minutes from the latest Bank of England Monetary Policy Committee (MPC) meeting.

CML: "Mortgage lending up"  Posted: 20 Feb 2008 10:43:37 GMT
UK homeowners have been boosted by the news that gross mortgage lending increased in January.

Buy-to-let impacts house prices  Posted: 19 Feb 2008 12:16:29 GMT
Buy-to-let mortgages have had only a modest impact on UK house prices.

Parents need not worry about helping children to buy  Posted: 19 Feb 2008 12:16:02 GMT
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Advice for landlords may increase yields  Posted: 18 Feb 2008 11:34:45 GMT
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Price boost for homeowners  Posted: 18 Feb 2008 11:34:14 GMT
UK homeowners received a boost in February, with the average property price rising again.

Buyers opting for suburbs over London  Posted: 15 Feb 2008 10:26:26 GMT
An increasing number of people are choosing to buy properties in the suburbs rather than in London.

Good year for landlords  Posted: 15 Feb 2008 10:24:43 GMT
UK landlords enjoyed a bumper 2007, according to the latest figures from Birmingham Midshires.

Landlords benefit from lack of affordability  Posted: 14 Feb 2008 10:42:05 GMT
Levels of owner-occupancy in England fell in 2007, spelling good news for buy-to-let property investors.

Tracker mortgages rise as base rate falls  Posted: 14 Feb 2008 10:41:25 GMT
New figures show that mortgage borrowers are increasingly choosing to take out tracker-rate mortgages.

Base rate boost looks likely  Posted: 13 Feb 2008 10:45:30 GMT
Homeowners look set to receive another base rate boost following the release of the consumer price index (CPI) inflation figure for January.

Prices up in January  Posted: 13 Feb 2008 10:44:57 GMT
The average property price increased marginally between December and January.

Interest rates to fall slowly but surely  Posted: 12 Feb 2008 12:07:01 GMT
Capital Economics believes that the base rate of interest will fall to four per cent but not for some time.

House prices up 0.4% in December  Posted: 11 Feb 2008 17:02:06 GMT
UK house prices rose by 0.4 per cent in December, it has been revealed.

Buy-to-let market sees 'substantial' growth  Posted: 11 Feb 2008 12:45:56 GMT
Landlords in Britain have seen the collective value of their properties increase by £5.79 billion a month, it has been revealed.

Repossessions lower than expected  Posted: 08 Feb 2008 11:43:35 GMT
There were fewer repossessions in 2007 than had previously been expected, according to the Council of Mortgage Lenders (CML).

Borrowers want fixed rates  Posted: 08 Feb 2008 11:42:37 GMT
The majority of UK homeowners would rather be on a fixed-rate mortgage than a tracker, according to new research.

MPC cuts the base rate  Posted: 07 Feb 2008 12:11:24 GMT
The Bank of England's Monetary Policy Committee (MPC) has cut the base rate of interest.

Reduce mortgage term with interest rate savings  Posted: 07 Feb 2008 11:49:58 GMT
Mortgage borrowers have been advised that they can reduce the term of their mortgage by taking advantage of a cut to the base rate of interest.

New builds 'could be easier to sell'  Posted: 06 Feb 2008 11:44:24 GMT
New properties could be easier to sell on in the future because they are build to more contemporary standards and therefore could potentially appeal to more people.

Property-owners seeking better mortgage deals  Posted: 06 Feb 2008 11:43:22 GMT
A considerable number of property-owners in the UK are choosing to switch mortgage providers rather than stick with an unsatisfactory deal.

First-borns receive more help with home buying  Posted: 05 Feb 2008 10:58:33 GMT
Parents are more likely to help their first-born child onto the property ladder, according to research from Abbey.

Hips benefits highlighted  Posted: 05 Feb 2008 10:57:11 GMT
The benefits of Home information packs (Hips) have been highlighted by the National Association of Registered Home Inspectors (Nahir).

Landlords take long-term view  Posted: 04 Feb 2008 11:02:35 GMT
The majority of UK landlords now see their properties as long-term investments, according to Property Hawk.

Surrey tops expensive counties list  Posted: 04 Feb 2008 11:01:43 GMT
Surrey has been named as the UK's most expensive county, according to the latest Halifax County House Price Survey.

Homebuyers confident, internet leading the way  Posted: 01 Feb 2008 11:17:02 GMT
The majority of UK homebuyers and property investors remain confident about the future prospects of the housing market.

MPC expected to cut the base rate of interest  Posted: 01 Feb 2008 11:16:27 GMT
The vast majority of financial analysts expect the Bank of England's Monetary Policy Committee (MPC) to announce a cut to the base rate of interest in February.

UK PROPERTY NEWS: Archives


2008 August
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2008 May
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2008 March
2008 February
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2007 December
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2007 September
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2007 March
2007 February
2007 January
2006 December
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2006 May
2006 April
2006 March


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