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UK Property News 02 2009
Brits would rather rent than buy for now, poll shows
A majority of Britons would opt to rent rather than buy if they were looking for a new property at the moment, it has been revealed.
27 Feb 2009
A majority of Britons would opt to rent rather than buy if they were looking for a new property at the moment, it has been revealed.
27 Feb 2009
House prices slightly down again, new figures show
Prospective first-time buyers have been given a boost by the news that house prices continued to fall in February.
27 Feb 2009
Prospective first-time buyers have been given a boost by the news that house prices continued to fall in February.
27 Feb 2009
'Good relationship' crucial for landlords and tenants
Landlords have been urged by an expert to maintain good relationships with their tenants from the beginning of a contract.
26 Feb 2009
Landlords have been urged by an expert to maintain good relationships with their tenants from the beginning of a contract.
26 Feb 2009
FTBs have 'little incentive' to get on property ladder
High rates are discouraging first-time buyers (FTBs) from getting their first property, it has been claimed.
26 Feb 2009
High rates are discouraging first-time buyers (FTBs) from getting their first property, it has been claimed.
26 Feb 2009
MPs call for more new homes to combat recession
Britain needs to start building more new homes if it is to climb out of the recession while also allowing first-time buyers onto the property ladder.
25 Feb 2009
Britain needs to start building more new homes if it is to climb out of the recession while also allowing first-time buyers onto the property ladder.
25 Feb 2009
Mortgage lending up as buyers return to market
Mortgage lending picked up slightly in January, though the start of 2009 also saw a drop in personal saving, new figures from the British Bankers Association (BBA) reveal.
25 Feb 2009
Mortgage lending picked up slightly in January, though the start of 2009 also saw a drop in personal saving, new figures from the British Bankers Association (BBA) reveal.
25 Feb 2009
New homes 'are becoming more affordable'
New-build homes in the UK are becoming increasingly affordable, recent data revealed.
24 Feb 2009
New-build homes in the UK are becoming increasingly affordable, recent data revealed.
24 Feb 2009
Popularity of rental accommodation 'is increasing'
Buy-to-let investors and landlords are likely to see a greater demand for their products over the coming months, it has been claimed.
24 Feb 2009
Buy-to-let investors and landlords are likely to see a greater demand for their products over the coming months, it has been claimed.
24 Feb 2009
Savings bug hitting younger generations
Brits aged 18-34-years-old are saving a great deal more than the country's over-55s, it has been found by high street bank Abbey.
23 Feb 2009
Brits aged 18-34-years-old are saving a great deal more than the country's over-55s, it has been found by high street bank Abbey.
23 Feb 2009
2009 repossession predictions left unchanged
Research from the Council of Mortgage Lenders (CML) has shown that the total number of repossessions in 2008 reached 40,000; 5,000 fewer than predicted.
23 Feb 2009
Research from the Council of Mortgage Lenders (CML) has shown that the total number of repossessions in 2008 reached 40,000; 5,000 fewer than predicted.
23 Feb 2009
January mortgage lending at sharp low
Figures from the Council of Mortgage Lenders (CML) show that gross mortgage lending for the month of January dropped to just £12.4 billion.
20 Feb 2009
Figures from the Council of Mortgage Lenders (CML) show that gross mortgage lending for the month of January dropped to just £12.4 billion.
20 Feb 2009
Number of homes under construction slashed
The final quarter of 2008 saw the number of new homes under construction fall to just 16,300; just 42 per cent of the figure recorded for Q4 of 2007, the Department for Communities and Local Government (CLG) said.
20 Feb 2009
The final quarter of 2008 saw the number of new homes under construction fall to just 16,300; just 42 per cent of the figure recorded for Q4 of 2007, the Department for Communities and Local Government (CLG) said.
20 Feb 2009
Over half a million in danger of falling behind mortgages
There are over half a million households currently at risk of falling behind on their mortgage repayments according to a joint statement released by the Council of Mortgage Lenders (CML), Citizens Advice Bureaux (CAB) and Shelter.
19 Feb 2009
There are over half a million households currently at risk of falling behind on their mortgage repayments according to a joint statement released by the Council of Mortgage Lenders (CML), Citizens Advice Bureaux (CAB) and Shelter.
19 Feb 2009
Credit crunch ebbs away savings
Nearly half of all Brits have reported that they have had to dip into their savings in order to maintain monthly outgoings as the recession continues to put a strain on the UK's purse strings.
19 Feb 2009
Nearly half of all Brits have reported that they have had to dip into their savings in order to maintain monthly outgoings as the recession continues to put a strain on the UK's purse strings.
19 Feb 2009
Third of Brits concerned about income
Almost one in three Britons are concerned that their income will drop this year, while one in ten worry about the possibility of failing to be able to pay their mortgage this year.
18 Feb 2009
Almost one in three Britons are concerned that their income will drop this year, while one in ten worry about the possibility of failing to be able to pay their mortgage this year.
18 Feb 2009
Falling property prices attracting new buyers
Research from the Royal Institution of Chartered Surveyors (Rics) has found that most buyers interested in purchasing property at present are motivated by the falling house prices seen across England.
18 Feb 2009
Research from the Royal Institution of Chartered Surveyors (Rics) has found that most buyers interested in purchasing property at present are motivated by the falling house prices seen across England.
18 Feb 2009
Rental market offering solace to buyers
Research published by the Intermediary Mortgage Lenders Association (IMLA) has shown that 58 per cent of first-time buyers looking for a home in the final three months of 2008 failed to obtain a mortgage.
17 Feb 2009
Research published by the Intermediary Mortgage Lenders Association (IMLA) has shown that 58 per cent of first-time buyers looking for a home in the final three months of 2008 failed to obtain a mortgage.
17 Feb 2009
Asking prices rise 1.2%
Research from property website Rightmove.co.uk found that asking prices rose 1.2 per cent between January and February this year.
17 Feb 2009
Research from property website Rightmove.co.uk found that asking prices rose 1.2 per cent between January and February this year.
17 Feb 2009
Recession could be 'deeper than previously thought'
Economist Simon Ward, of New Star Asset Management, has suggested that the Bank of England's predictions that the recession will bottom out in the autumn could be correct but that the downturn could be far deeper than once thought.
16 Feb 2009
Economist Simon Ward, of New Star Asset Management, has suggested that the Bank of England's predictions that the recession will bottom out in the autumn could be correct but that the downturn could be far deeper than once thought.
16 Feb 2009
Repossession threat may trigger sales
Homeowners may be tempted to downsize their homes this year as the threat of repossession grows, according to new figures.
16 Feb 2009
Homeowners may be tempted to downsize their homes this year as the threat of repossession grows, according to new figures.
16 Feb 2009
Report lists 'house price recovery hotspots'
Brighton, Hove, Manchester and Islington are among the places likely to see the most notable house price increases over the foreseeable future as strong buyer demand helps local markets to recover.
13 Feb 2009
Brighton, Hove, Manchester and Islington are among the places likely to see the most notable house price increases over the foreseeable future as strong buyer demand helps local markets to recover.
13 Feb 2009
Mortgage market to pick up with renewed funding, CML says
Britain's 'mortgage landscape' has shifted considerably over the past 12 months, though steps are now being taken to inject some stability into the market, it has been claimed.
13 Feb 2009
Britain's 'mortgage landscape' has shifted considerably over the past 12 months, though steps are now being taken to inject some stability into the market, it has been claimed.
13 Feb 2009
Negative equity fears downplayed by experts
Around 20 per cent of UK borrowers currently hold a mortgage of 90 per cent loan to value (LTV) or more, a new report has revealed.
12 Feb 2009
Around 20 per cent of UK borrowers currently hold a mortgage of 90 per cent loan to value (LTV) or more, a new report has revealed.
12 Feb 2009
Frustrated buyers now viewing homes, property firm reports
The UK property market could be about to recover as "pent up" demand starts to develop among prospective buyers, the country's largest residential homeowner has suggested.
12 Feb 2009
The UK property market could be about to recover as "pent up" demand starts to develop among prospective buyers, the country's largest residential homeowner has suggested.
12 Feb 2009
Borrowers hit by fall in mortgage availability
The number of mortgages available to prospective property buyers has shrunk by around 90 per cent since the start of the credit crunch, a new report has revealed.
11 Feb 2009
The number of mortgages available to prospective property buyers has shrunk by around 90 per cent since the start of the credit crunch, a new report has revealed.
11 Feb 2009
Demand among home buyers up in January, report reveals
While growing numbers of Britons are now looking to get back into the property market, many are still being thwarted by a lack of affordable mortgages, it has been claimed.
11 Feb 2009
While growing numbers of Britons are now looking to get back into the property market, many are still being thwarted by a lack of affordable mortgages, it has been claimed.
11 Feb 2009
Credit issues 'could deepen'
The majority of businesses in the UK believe that credit availability is likely to become worse in the next three months, research from the Confederation of British Industry (CBI) has said.
10 Feb 2009
The majority of businesses in the UK believe that credit availability is likely to become worse in the next three months, research from the Confederation of British Industry (CBI) has said.
10 Feb 2009
25-year fixed deals 'more expensive'
Homeowners who took prime minister Gordon Brown's advice two years ago and fixed their mortgages for 25 years will now be paying the price, financial comparison website moneysupermarket.com has said.
10 Feb 2009
Homeowners who took prime minister Gordon Brown's advice two years ago and fixed their mortgages for 25 years will now be paying the price, financial comparison website moneysupermarket.com has said.
10 Feb 2009
House prices rise almost 2%
High street mortgage lender Halifax has revealed that house prices across the country roses by 1.9 per cent between December and January, suggesting to some that a turnaround in the housing market may be beginning.
09 Feb 2009
High street mortgage lender Halifax has revealed that house prices across the country roses by 1.9 per cent between December and January, suggesting to some that a turnaround in the housing market may be beginning.
09 Feb 2009
Base rate cuts 'unlikely' to benefit majority
Most Brits surveyed by financial comparison website moneysupermarket.com have claimed that they will lose out as a result of the recent cut to the Bank of England base rates.
09 Feb 2009
Most Brits surveyed by financial comparison website moneysupermarket.com have claimed that they will lose out as a result of the recent cut to the Bank of England base rates.
09 Feb 2009
Bank lowers rates for fifth consecutive month
The Bank of England has, for a fifth consecutive month, lowered interest rates, bringing them down to a new historic low of just one per cent.
06 Feb 2009
The Bank of England has, for a fifth consecutive month, lowered interest rates, bringing them down to a new historic low of just one per cent.
06 Feb 2009
Brits begin eyeing market for purchases
The majority of Brits surveyed by property website Rightmove.co.uk said that they view falling house prices not as a threat to their financial security but as an opportunity to buy.
06 Feb 2009
The majority of Brits surveyed by property website Rightmove.co.uk said that they view falling house prices not as a threat to their financial security but as an opportunity to buy.
06 Feb 2009
Brits hoping to save harder in 2009
Affected by the ongoing recession, Brits in 2009 are hoping to save as much as 35 per cent more than they saved last year, online bank smile.co.uk has found.
05 Feb 2009
Affected by the ongoing recession, Brits in 2009 are hoping to save as much as 35 per cent more than they saved last year, online bank smile.co.uk has found.
05 Feb 2009
Mortgage frenzy predicted for March
Most mortgage holders believe that the cost of a mortgage will reach its lowest price in March this year, research from financial advice website unbiased.co.uk has found.
05 Feb 2009
Most mortgage holders believe that the cost of a mortgage will reach its lowest price in March this year, research from financial advice website unbiased.co.uk has found.
05 Feb 2009
Brits may cut repayments in saving drive
Financial website fairinvestment.co.uk has found that as many as one in three Britons are currently considering cutting essential monthly payments as a result of the ongoing financial crisis.
04 Feb 2009
Financial website fairinvestment.co.uk has found that as many as one in three Britons are currently considering cutting essential monthly payments as a result of the ongoing financial crisis.
04 Feb 2009
Buyers forced from market by banks, says propertyfinder.com
Potential house buyers are being forced from the property market by the hefty demands for deposits being made by mortgage lenders, property website propertyfinder.com has suggested.
04 Feb 2009
Potential house buyers are being forced from the property market by the hefty demands for deposits being made by mortgage lenders, property website propertyfinder.com has suggested.
04 Feb 2009
Threat of negative equity mounts
The Centre for Economics and Business Research (CEBR) has published research suggesting that the housing market may not bottom out until prices drop a full 40 per cent from their peak.
03 Feb 2009
The Centre for Economics and Business Research (CEBR) has published research suggesting that the housing market may not bottom out until prices drop a full 40 per cent from their peak.
03 Feb 2009
BSA: Base rate reductions may do damage
Lowering the Bank of England rates further this week could add harm to the housing market, the Building Societies' Association (BSA) has warned, ahead of the decision to adjust rates due on Thursday.
03 Feb 2009
Lowering the Bank of England rates further this week could add harm to the housing market, the Building Societies' Association (BSA) has warned, ahead of the decision to adjust rates due on Thursday.
03 Feb 2009
Consumer confidence maintains fall in January
Consumer confidence fell a further 12 per cent in January to reach -37, meaning the chances that buyer demand will increase in the near future are slim.
02 Feb 2009
Consumer confidence fell a further 12 per cent in January to reach -37, meaning the chances that buyer demand will increase in the near future are slim.
02 Feb 2009
Market recovery 'unlikely' until year-end
New Star economist Simon Ward claimed that the UK economy has begun to stabilise but won't bottom out until the third quarter this year, suggesting to homeowners that their properties will continue to fall in price for the next six months.
02 Feb 2009
New Star economist Simon Ward claimed that the UK economy has begun to stabilise but won't bottom out until the third quarter this year, suggesting to homeowners that their properties will continue to fall in price for the next six months.
02 Feb 2009
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FREE eBook worth £47
How To Sell Or Let FASTER and Save £1000s!
For Sale Boards & To Let Signs
Save £1000s, Sell or Let your property with a sign!
Mortgages
Fixed Rate, Capped, Tracker... We explain them all. Plus compare 1000s mortgages online.
Home Insurance
Compare Buildings and Contents Insurance. Get a Quote Now!
Cheapest Gas & Electric
Save up to £325 per year on your energy bills
Guides
Buyers
Landlords
Sellers
Tenants
Free ebook
For Sale & To Let Boards
Finance
Credit cards
Loans
Mortgages
Savings
Legal
Building survey
Conveyancing
Credit checks
EPCs
Gas safety certicates
HIPs
Inventory checklist
Tenant deposit scheme
Tenant reference checks
Tenancy agreements
Insurance
Heating insurance
Home insurance
Landlords insurance
Rent guarantee
Moving
House removals
Moving boxes
Self storage
Van rentals
Books
Tax guides
Search For
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Property For Rent
House Prices
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