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UK Property News 05 2009

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North-east residents show pride in home

Halifax Home Insurance has released new research which suggests that people who live in the north-east of England are most proud of home.

29 May 2009
North-east residents show pride in home
House prices up in May, says Nationwide

Nationwide Building Society's latest research into house prices in the UK has shown that the average cost of a home went up in May.

29 May 2009
House prices up in May, says Nationwide
Insurance advice for people selling property

Those people selling property and buying a new residence have been offered some advice that could save them money.

28 May 2009
Insurance advice for people selling property
HBF calls on government to act on mortgages

The government needs "to push through" the measures it has set-up to boost mortgage lending in the UK, according to the Home Builders Foundation (HBF).

28 May 2009
HBF calls on government to act on mortgages
HomeBuy Direct property scheme 'positive for south-east'

The newly-established HomeBuy Direct property initiative has apparently had a positive effect on the housing market in the south-east of England.

27 May 2009
HomeBuy Direct property scheme 'positive for south-east'
Figures for mortgages 'to remain unchanged in short term'

The next few months are unlikely to yield much change in the mortgages market, it has been suggested.

27 May 2009
Figures for mortgages 'to remain unchanged in short term'
Property market conditions 'advantageous for first-time buyers'

Conditions in the housing market are currently "fantastic" for first-time buyers, according to a residential property expert.

26 May 2009
Property market conditions 'advantageous for first-time buyers'
Key workers in north benefit from falling property prices

Key public sector workers in the north of England are among the main beneficiaries of falling house prices, the conclusion of a new report suggests.

26 May 2009
Key workers in north benefit from falling property prices
Property owners issued a home improvement warning

UK property owners have been issued with a home improvement warning ahead of the forthcoming bank holiday weekend.

22 May 2009
Property owners issued a home improvement warning
'Sharp increase' in first-time property buying

There was a "sharp increase in the proportion of purchases made by first-time buyers" during the first four months of 2009, compared to the end of last year.

22 May 2009
'Sharp increase' in first-time property buying
Interest in property returns in spring

Spring has heralded an upturn in property market interest, according to the National Association of Estate Agents (NAEA).

21 May 2009
Interest in property returns in spring
House prices 'overvalued'

House prices in the UK are overvalued by more than £37,000, according to new research.

21 May 2009
House prices 'overvalued'
AHIPP adds to Hip price debate

The Association of Home Information Pack Providers (AHIPP) has moved to clarify a few issues surrounding the cost of home information packs (Hips), which have now been part of the home-selling process for nearly two years.

20 May 2009
AHIPP adds to Hip price debate
Standards warning for buy-to-let sector

Landlords involved in the buy-to-let sector have been told they must show the "highest standards of customer service" when dealing with their property investment portfolios.

20 May 2009
Standards warning for buy-to-let sector
Property prices in Scotland 'down'

Scottish property prices have dropped 2.1 per cent over the course of the year, according to Lloyds TSB.

19 May 2009
Property prices in Scotland 'down'
'More confidence in property market'

The latest property figures from April show that confidence is returning to the home-buying market, according to National Association of Estate Agents (NAEA) chief executive Peter Bolton King.

19 May 2009
'More confidence in property market'
Property consultancy offers advice on negotiating price

Those selling property may be interested in the latest comments from housing industry consultancy Ducalian.

18 May 2009
Property consultancy offers advice on negotiating price
Latest figures revealed for buy-to-let mortgages

Some 22,400 new buy-to-let mortgages were advanced in the first quarter of 2009, it has been revealed.

18 May 2009
Latest figures revealed for buy-to-let mortgages
Confidence of property buyers 'returns'

Those looking to buy their first home believe they can make money on their property investment.

15 May 2009
Confidence of property buyers 'returns'
CML reveals latest news on mortgages

Mortgage lending for home purchasing made up the highest proportion of all lending since December 2007 in March.

15 May 2009
CML reveals latest news on mortgages
Property prices could soon level off

Following recent comments from Lloyds' commercial mortgage manager Steve Noakes on property prices, the Royal Institution of Chartered Surveyors (Rics) has offered some predictions for the future value of homes.

14 May 2009
Property prices could soon level off
HomeBuy schemes 'help first-timers own property'

Government-backed HomeBuy schemes provide first-time buyers with "one of the few opportunities" they have to purchase their own property, an expert has suggested.

14 May 2009
HomeBuy schemes 'help first-timers own property'
NAEA chief responds to paper on mortgages

A new publication on the state of mortgages in the UK has not found the right balance between being strict and responsible, according to the National Association of Estate Agents (NAEA).

13 May 2009
NAEA chief responds to paper on mortgages
Report on mortgages published by ippr

Mortgages are the focus of a new report from the Institute for Public Policy Research (ippr).

13 May 2009
Report on mortgages published by ippr
All UK property to have smart meters

A major change for the UK property industry has been announced by the government's Department of Energy and Climate Change.

12 May 2009
All UK property to have smart meters
AMI director calls for property market changes

Property market changes are necessary for the sector to pick up again, according to the director of the Association of Mortgage Intermediaries (AMI).

12 May 2009
AMI director calls for property market changes
Advice given on the best time to buy property

Lenders probably have access to "the best marketing intelligence bar none" in regard to the property sector, according to one expert.

11 May 2009
Advice given on the best time to buy property
Renovation tips for people selling property

Anyone selling their property may wish to take note of the latest home improvement research from HSBC.

11 May 2009
Renovation tips for people selling property
Property prices in focus

Property prices should be brought down to a more affordable level, according to a national campaign for housing costs.

08 May 2009
Property prices in focus
Bank of England interest rates stay at 0.5%

The Bank of England interest rates stayed at 0.5 per cent yesterday - the second month in a row the base rate has been frozen.

08 May 2009
Bank of England interest rates stay at 0.5%
Clampdown on letting agents announced

Every year, hundreds of thousands of pounds of consumers' money is lost to unethical letting agents, new research indicates.

07 May 2009
Clampdown on letting agents announced
First-timers 'waiting it out' to buy house

First-time buyers are currently "waiting it out" to see if the price of property falls further in the coming months.

07 May 2009
First-timers 'waiting it out' to buy house
Advice on mortgages 'a necessity'

Would-be homebuyers must seek advice on mortgages before taking out a home loan to buy property.

06 May 2009
Advice on mortgages 'a necessity'
Confidence in property prices up

UK consumers have shown more confidence in the imminent future of property prices.

06 May 2009
Confidence in property prices up
New buy-to-let landscape noted

The choice of lenders for those joining the buy-to-let market this year has dropped, compared to 18 months ago.

05 May 2009
New buy-to-let landscape noted
Shared-ownership mortgages in demand

More property buyers are showing an interest in shared-ownership homes, according to the National Housing Federation (NHF).

05 May 2009
Shared-ownership mortgages in demand
More renters 'looking to buy property'

Demand for housing could be about to rise as renters look to take advantage of low property prices, a market expert has predicted.

01 May 2009
More renters 'looking to buy property'
House prices continue to fall

Property prices became more favourable for first-time buyers during March, according to the latest Land Registry figures.

01 May 2009
House prices continue to fall
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