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UK Property News 09 2008

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New build code of conduct 'to increase market confidence'

The new code of conduct and redress scheme being set up by home builders for unsatisfied homebuyers will increase consumer confidence in the UK housing market, it has been claimed.

30 Sep 2008
New build code of conduct 'to increase market confidence'
Student property 'represents sound investment'

Buy-to-let landlords can consider student properties a sound investment but should not expect immediate capital gains, it has been claimed.

30 Sep 2008
Student property 'represents sound investment'
New Energy Performance Certificate (EPC) Law from 1st October 2008

All properties for sale or to let require an EPC from 1st October 2008 in England and Wales.

30 Sep 2008
New Energy Performance Certificate (EPC) Law from 1st October 2008
Average house price falls below £175k

The average price of houses in the UK fell by 4.6 per cent in August to just £174,493, it has been revealed.

29 Sep 2008
Average house price falls below £175k
Landlords urged to comply with EPC laws

Paragon Mortgages has advised landlords to comply with new Energy Performance Certificate (EPC) legislation.

29 Sep 2008
Landlords urged to comply with EPC laws
Millions of mortgage payers 'unaware of rates'

Nearly five million mortgage holders - approximately a quarter of all fixed-rate borrowers - have no idea about the current interest rate they are paying on their properties.

26 Sep 2008
Millions of mortgage payers 'unaware of rates'
New home buyers 'facing faults and delays'

Many people purchasing new properties are being confronted by faults and delays, it has been warned.

25 Sep 2008
New home buyers 'facing faults and delays'
House supply 'affecting renting levels'

As demand for new housing continues to outstrip supply, more and more people will be looking for rented accommodation.

25 Sep 2008
House supply 'affecting renting levels'
Mortgage approvals 'sinking fast'

August saw mortgage approvals plunge to an all-time low, the British Banking Association (BBA) has revealed.

24 Sep 2008
Mortgage approvals 'sinking fast'
Mortgage rates 'climbing'

Homeowners have been urged to secure cheap mortgages while they still can.

24 Sep 2008
Mortgage rates 'climbing'
Property market 'slows quicker in country'

When there is slowdown in the property market, it takes hold quickest in the country because there are less buyers, it has been claimed.

23 Sep 2008
Property market 'slows quicker in country'
Investors 'urged to buy property'

Cash-rich investors are in the best position to buy new property that they have seen for nearly 30 years.

22 Sep 2008
Investors 'urged to buy property'
Homeowners 'taking in tenants'

There has been an 8.3 per cent increase in the number of homeowners taking in lodgers over the last 12 months as people attempt to find extra cash for their mortgage payments.

19 Sep 2008
Homeowners 'taking in tenants'
Southern property 'most protected'

Property located in the south of England is likely to be the most protected in the market, it has been claimed.

19 Sep 2008
Southern property 'most protected'
Two of Britain's largest lenders agree merger

Britain's largest mortgage lender HBOS, which operates Halifax and the Bank of Scotland, has reached an agreement to be acquired by Lloyds TSB.

18 Sep 2008
Two of Britain's largest lenders agree merger
Extensions 'boost property value'

Homeowners can add value to their homes with an extension, it has been claimed.

17 Sep 2008
Extensions 'boost property value'
Hips 'beneficial to first-time buyers'

It would be to the detriment of first-time buyers if Home Information Packs (Hips) were suspended, it has been claimed.

17 Sep 2008
Hips 'beneficial to first-time buyers'
Planning system simplified for homeowners

People planning improvements to their home in order to boost its value will benefit from new government regulations, it has been claimed.

16 Sep 2008
Planning system simplified for homeowners
Landlords urged to insulate their properties

Landlords have been urged to accept the government's offer to help them with the cost of insulation.

16 Sep 2008
Landlords urged to insulate their properties
Is your house up for sale? Why not save money by selling it yourself?

It's tough to crack the property market at the moment. You need the right person for the job - and that's you!

15 Sep 2008
Is your house up for sale?  Why not save money by selling it yourself?
Buyers 'struggling to afford rural property'

The average price of rural residential property in Britain now stands at £235,324, 15 per cent higher than the average urban house price of £204,290, a new housing review from Halifax has revealed.

15 Sep 2008
Buyers 'struggling to afford rural property'
Landlords 'waiting to buy high-end property'

Buy-to-let investors will most likely wait until prices in the housing market reach their absolute lowest before snapping up any high-end property.

15 Sep 2008
Landlords 'waiting to buy high-end property'
High-end properties 'difficult to sell'

Selling high-end properties in the UK is "difficult" at the moment and will not become any easier in the near future.

12 Sep 2008
High-end properties 'difficult to sell'
Landlords can attract 'best tenants' with good interior design

Landlords wishing to attract the "best tenants" should pay close attention to the interior design of their property.

11 Sep 2008
Landlords can attract 'best tenants' with good interior design
London rental demand higher than supply, study reveals

The demand for rental property in London far outweighs supply, new research has revealed.

11 Sep 2008
London rental demand higher than supply, study reveals
Landlords should view property as business

Landlords need to think of their property as a business rather than as their home, and should be prepared for it to experience 'wear and tear' the Residential Landlords Association (RLA) has claimed.

10 Sep 2008
Landlords should view property as business
Strong rental demand for 'high-spec' property

Tenant demand for high-spec rental properties is increasing as people come to see their homes, rented or otherwise, as a reflection of themselves, it has been claimed.

10 Sep 2008
Strong rental demand for 'high-spec' property
Energy efficiency and sustainability 'keys to eco-home'

Homeowners looking to sell their property must consider energy efficiency and sustainability if they wish to attract eco-conscious buyers, it has been claimed.

09 Sep 2008
Energy efficiency and sustainability 'keys to eco-home'
Lack of supply limiting buyers' options

The lack of housing in this country means that even if property prices stabilised, house buyers would not have access to a great deal of choice.

09 Sep 2008
Lack of supply limiting buyers' options
Students 'should inspect gas safety of accommodation'

Students 'should inspect gas safety of accommodation'

08 Sep 2008
Students 'should inspect gas safety of accommodation'
Tenants 'looking for more than the basics'

Tenants 'looking for more than the basics'

08 Sep 2008
Tenants 'looking for more than the basics'
Mortgages taking longer to sort

Landlords and homeowners coming to the end of their current mortgages should start considering new options at least three months in advance, it has been claimed.

05 Sep 2008
Mortgages taking longer to sort
Interest rates held for another month

The Bank of England will hold interest rates at five per cent for at least another month.

05 Sep 2008
Interest rates held for another month
Landlords 'digging deeper' for investment treasures

Property investors and landlords are being forced to delve ever deeper in their bid to uncover the next property gem in the market, it has been claimed.

04 Sep 2008
Landlords 'digging deeper' for investment treasures
Chancellor announces changes to stamp duty

The government has announced that stamp duty land tax will no longer apply to purchases of home valued at £175,000 and less.

04 Sep 2008
Chancellor announces changes to stamp duty
Homeowners 'overpaying' mortgages

Despite the relative economic gloom that has descended over the European lending market, more than one in ten (12 per cent) British mortgage holders is planning to make an overpayment in the next six months using "spare cash".

03 Sep 2008
Homeowners 'overpaying' mortgages
Student accommodation 'leads' buy-to-let sector

Student accommodation represents a shining beacon in the UK's buy-to-let market as rental yields continue to outpace those of other types of property, it has been revealed.

03 Sep 2008
Student accommodation 'leads' buy-to-let sector
Transparency increased in new homes market

The Council of Mortgage Lenders (CML) has introduced new measures to help bolster confidence lender confidence in the new-build property market, it has announced.

02 Sep 2008
Transparency increased in new homes market
Energy efficient homes 'to drive property market'

In a time of relative economic uncertainty, energy efficient homes could serve as a vital driver to keep the British property market in motion, it has been claimed.

02 Sep 2008
Energy efficient homes 'to drive property market'
New regulations 'could simplify' processes for landlords

Landlords could benefit from the introduction of new regulations covering rental properties that draw existing rules together into a comprehensive system, it has been claimed.

01 Sep 2008
New regulations 'could simplify' processes for landlords
Housing market 'to see more green sales'

The green home segment of the British housing market will grow significantly over the next several years due to government legislation for domestic carbon reductions, it has been claimed.

01 Sep 2008
Housing market 'to see more green sales'




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