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UK Property News 04 2009

Increase in property investment noted

An upturn in property investment could be on the horizon after a UK-based estate agent reported that investor interest has picked up recently.

30 Apr 2009
Increase in property investment noted
Property prices 'drop in April'

Property prices in the UK have fallen this month, according to the latest figures from Nationwide Building Society.

30 Apr 2009
Property prices 'drop in April'
More lending needed, says online property firm

An online property company has called on banks and building societies to increase lending to ensure house prices improve.

29 Apr 2009
More lending needed, says online property firm
Landlords given advice on dealing with tenants

Those who own buy-to-let property have been given some advice on how to deal with tenants who are struggling to pay their rent.

29 Apr 2009
Landlords given advice on dealing with tenants
More property transactions predicted

Those considering selling their home this year should be aware that there are likely to be more property transactions in the coming months.

28 Apr 2009
More property transactions predicted
'Encouraging' start for property industry event

The Grand Designs Live London show has started in an encouraging fashion, according to host of the event Kevin McCloud.

28 Apr 2009
'Encouraging' start for property industry event
Homeowners advised to boost mortgage repayments

Property investment professionals with buy-to-let mortgages may find they benefit from overpaying their home loans each month.

27 Apr 2009
Homeowners advised to boost mortgage repayments
Survey shows saving help falling short

Savers struggling against the low interest rates set by the Bank of England have claimed that the chancellor's latest budget has failed to provide saving opportunities for them.

24 Apr 2009
Survey shows saving help falling short
NAEA: Buyer interest will be lost

Chancellor Alistair Darling's budget has been criticised by the National Association of Estate Agents (NAEA), after the group claimed that the moves will not assist buyers.

24 Apr 2009
NAEA: Buyer interest will be lost
Housing transactions 'rise by almost half'

House purchases throughout Britain rose by 40 per cent in March this year, recent figures show.

23 Apr 2009
Housing transactions 'rise by almost half'
Budget support from the IMLA

The budget is likely to create confidence in the market place, the Intermediary Mortgage Lenders Association (IMLA) has suggested.

23 Apr 2009
Budget support from the IMLA
AMI claims budget does not go far enough

The Association of Mortgage Intermediaries (AMI) has suggested that yesterday's (April 22nd) budget announcement did not go far enough to support house buyers.

23 Apr 2009
AMI claims budget does not go far enough
Bank of England: Mortgages unlikely to boom just yet

A new monthly report from the Bank of England (BoE) suggests that mortgage lending will not increase significantly in the coming months.

22 Apr 2009
Bank of England: Mortgages unlikely to boom just yet
Mortgage support offered for homeowners

The government unveiled a new scheme to protect homeowners from the threat of repossession yesterday (April 21st).

22 Apr 2009
Mortgage support offered for homeowners
Two per cent rise in house prices recorded

Asking prices rose by almost two per cent between March and April this year: the third price rise in as many months.

21 Apr 2009
Two per cent rise in house prices recorded
Darling 'to boost property market'

Tomorrow's budget announcement is to include £1 billion of support for the housing market, it has been reported.

21 Apr 2009
Darling 'to boost property market'
Loan-to-value rates at a '2-yr-low'

Loan-to-value rates are at a two year low according to recent research.

20 Apr 2009
Loan-to-value rates at a '2-yr-low'
Paycheque running dry 'in three weeks'

The average adult now spends the vast majority of their monthly salary in just 20 days, research from the Co-operative Bank has found.

20 Apr 2009
Paycheque running dry 'in three weeks'
Price of loans falls

The average price of the five leading loans across the UK has dropped for the first time in over six months, it has been revealed.

17 Apr 2009
Price of loans falls
Saving overtakes borrowing in 2008

The way in which Brits handle their money flipped severely in 2008, research from unbiased.co.uk has shown.

17 Apr 2009
Saving overtakes borrowing in 2008
Brits 'biding their time' before buying

Over four million homeowners considering moving home are now choosing to wait and see how the market shifts before making a purchase, recent research has shown.

16 Apr 2009
Brits 'biding their time' before buying
Fourfold increase in rejected mortgages

The number of mortgages rejected despite the borrower fitting the lender's criteria has increased almost four times, research has found.

16 Apr 2009
Fourfold increase in rejected mortgages
Mortgage rise recorded by CML

Monthly lending figures have shown a rise in the number of mortgages lent between January and February this year, according to the Council of Mortgage Lenders (CML).

15 Apr 2009
Mortgage rise recorded by CML
Rics: Rise in buyer interest continues

Another increase in buyer interest was noted in March this year after January figures from the Royal Institution of Chartered Surveyors (Rics) provided good news for the housing market.

15 Apr 2009
Rics: Rise in buyer interest continues
Mortgage market 'should be offered assistance' from government

The government needs to offer more to Brits struggling with the current mortgage market, a report from the Association of Mortgage Intermediaries (AMI) has suggested.

14 Apr 2009
Mortgage market 'should be offered assistance' from government
Rates held by Bank

The Bank of England's (BoE) Monetary Policy Committee has voted to hold interest rates at their current level, offering stability for those buying a property.

14 Apr 2009
Rates held by Bank
Legislation may escape accidental landlords

Homeowners may face fines for letting out their property if it is found that they are not complying with the slew of regulations involved in such a decision.

09 Apr 2009
Legislation may escape accidental landlords
Lending to small businesses 'crucial'

More borrowing powers need to be offered to small and medium enterprises (SMEs), the Finance and Leasing Association (FLA) has suggested.

09 Apr 2009
Lending to small businesses 'crucial'
Travel plans suffering in recession

Brits are beginning to make cut backs in a range of areas as the recession deepens, according to recent research.

08 Apr 2009
Travel plans suffering in recession
No positive property news 'until 2010'

The majority of Brits questioned recently said they believe it will be 2010 before any green shoots are seen in the property market.

08 Apr 2009
No positive property news 'until 2010'
Cheap property 'not always the answer'

Many homeowners may be tempted to investigate purchasing a home now that prices have dropped so significantly but one analyst has claimed that there are still arguments to consider.

07 Apr 2009
Cheap property 'not always the answer'
DIY wins the attention of homeowners

Over a quarter of the nation's homeowners will be indulging in some DIY activities this week in an attempt to improve the value of their home.

07 Apr 2009
DIY wins the attention of homeowners
Interest rates eluding Brits

More than 50 per cent of savers in the UK are unaware of the rate of interest they are paid on their main savings account.

06 Apr 2009
Interest rates eluding Brits
Hips 'should be suspended'

Selling a property from today has become a longer and more arduous prospect, the National Association of Estate Agents (NAEA) has suggested, following the rollout of Home Information Packs (Hips).

06 Apr 2009
Hips 'should be suspended'
House prices rise in March

Seasonally adjusted house prices were found to rise 0.9 per cent between February and March, according to the Nationwide House Price index.

03 Apr 2009
House prices rise in March
'Over a quarter' relying on property for retirement

More than one in four Brits nearing retirement age are relying on income from property ownership to fund their retirement.

03 Apr 2009
'Over a quarter' relying on property for retirement
Total lift on stamp duty called for

Mortgage provider Jon Charcol has spoken out ahead of the looming budget decision from chancellor Alistair Darling, claiming that a removal of the need to pay stamp duty is needed.

02 Apr 2009
Total lift on stamp duty called for
Lower base rates causing savings headaches

The Bank of England's decision to reduce base rates to just one per cent means that savers could now struggle to purchase a house, it has been claimed by financial website Moneyfacts.co.uk.

02 Apr 2009
Lower base rates causing savings headaches
Green rent 'more attractive', says Rics

The rental premiums on buildings awarded an Energy Star rating in the US have been found to be higher than those which did not boast the same green credentials.

01 Apr 2009
Green rent 'more attractive', says Rics
House prices drop 16.5%, transactions fall further

Average property prices continued to fall significantly this year, research from the Land Registry has shown, highlighting a drop of two per cent between January and February this year.

01 Apr 2009
House prices drop 16.5%, transactions fall further
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