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UK Property News 07 2009

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Rental property 'could see increased demand'

More and more people will choose to rent a property instead of buying a house in the near-term, it has been claimed.

31 Jul 2009
Rental property 'could see increased demand'
Loans for buying houses 'up on the half-year'

Bank of England figures show more loans were approved for buying houses in June than in the previous month and more than the six-month average.

30 Jul 2009
Loans for buying houses 'up on the half-year'
Foreign banks 'may make mortgage market more competitive'

The provision of mortgages by foreign banks may make it cheaper to secure finance to purchase properties, it has been claimed.

29 Jul 2009
Foreign banks 'may make mortgage market more competitive'
Housing for sale 'is scarce'

There is currently a "scarcity" of housing for sale - despite growing demand - the Hometrack survey reveals.

28 Jul 2009
Housing for sale 'is scarce'
Selling property 'is still about location'

Despite the turbulent economy and changing fortunes of the housing market, selling property at a good price is still largely based on location, it has been claimed.

28 Jul 2009
Selling property 'is still about location'
'Fewer tracker mortgages available' for property buyers

The number of tracker mortgage products offered by brokers has fallen by more than 80 per cent in the last year, says new research.

27 Jul 2009
'Fewer tracker mortgages available' for property buyers
First time buyers 'will always struggle'

Entering the property market for the first time is likely to remain difficult, according to one property expert, despite speculation from some that prices will continue to fall.

27 Jul 2009
First time buyers 'will always struggle'
Property for sale on Kensington Palace Gardens 'still in demand'

A recent survey has confirmed Kensington Palace Gardens as one of the world's most expensive streets.

24 Jul 2009
Property for sale on Kensington Palace Gardens 'still in demand'
Selling prices in prime London 'on the up'

Property prices in London continue to show signs of improving, according to new figures.

24 Jul 2009
Selling prices in prime London 'on the up'
'Growing interest' in buying property

The latest mortgage figures show increasing interest among UK consumers in buying property, according to the Royal Institution of Chartered Surveyors (RICS).

23 Jul 2009
'Growing interest' in buying property
Fixed-rate mortgages 'at their peak'

Fixed-rate mortgages could be at their peak popularity among Britons buying property at present, it has been claimed.

23 Jul 2009
Fixed-rate mortgages 'at their peak'
Homeowners 'renting property rather than selling'

Many homeowners are looking into renting their property rather than selling in order to benefit from demand from tenants, according to new research.

22 Jul 2009
Homeowners 'renting property rather than selling'
Monthly lending as mortgages 'is up'

New figures from the Council of Mortgage Lenders (CML) show that gross mortgage lending increased last month.

22 Jul 2009
Monthly lending as mortgages 'is up'
'Window is closing' on bargain property for sale

A new real estate price index has revealed that the chances of finding bargain property for sale could be ending.

21 Jul 2009
'Window is closing' on bargain property for sale
Borrowers 'using mortgage intermediaries'

Mortgage intermediaries are often the first port of call for those who are planning to buy a property, according to the Intermediary Mortgage Lenders Association (IMLA).

20 Jul 2009
Borrowers 'using mortgage intermediaries'
Property sellers 'should consider the building's pecking order'

People looking to sell flats in London should consider the "pecking order" of their building, according to a Telegraph writer.

20 Jul 2009
Property sellers 'should consider the building's pecking order'
Being a landlord is a 'long-term investment'

People planning on becoming landlords should not approach it as a short-term investment, according to a lovemoney.com blogger.

17 Jul 2009
Being a landlord is a 'long-term investment'
Rents 'surging' in East Midlands

Renting a property in the East Midlands is now more expensive than buying, says new research.

15 Jul 2009
Rents 'surging' in East Midlands
Landlords 'improving' rental yield

Property yields have risen for a second quarter, according to new research.

15 Jul 2009
Landlords 'improving' rental yield
Young people 'keen to rent property'

Renting rather than buying property is the preferred option for young people, according to a website for aimed at those moving house.

15 Jul 2009
Young people 'keen to rent property'
First-time buyers 'must save for longer'

A shortage of suitable mortgages is making it "increasingly difficult" for first-time buyers, says new research.

15 Jul 2009
First-time buyers 'must save for longer'
'Avoid manipulating' details on mortgage applications

People should avoid "manipulating" their financial details in an effort to get their mortgage application accepted, according to the director of external affairs at Equifax.

14 Jul 2009
'Avoid manipulating' details on mortgage applications
'Gap narrowing' between asking and selling price for property

The gap between the asking price and selling price of a property is narrowing, according to the head of sales at fish4homes.

14 Jul 2009
'Gap narrowing' between asking and selling price for property
Property affordability debated

The actions of the government are being monitored by those looking to buy property, ahead of any potential purchase, it has been suggested.

13 Jul 2009
Property affordability debated
First-time buyers advised on property purchasing

First-time buyers need to consider whether now is the right time for them to purchase property, it has been suggested.

13 Jul 2009
First-time buyers advised on property purchasing
Finance for mortgages 'still in short supply'

Prospective first-time buyers are still being hampered in their attempts to take out mortgages as lenders look to shield themselves from bad debt, it has been claimed.

10 Jul 2009
Finance for mortgages 'still in short supply'
Rics comments on latest house prices

Despite recent optimism that house prices are starting to pick up again, the Royal Institution of Chartered Surveyors (Rics) has warned that the immediate future of the UK property market is still far from clear.

10 Jul 2009
Rics comments on latest house prices
Bank of England interest rates stay at 0.5%

As widely expected, the Bank of England interest rates will remain at 0.5 per cent this month.

09 Jul 2009
Bank of England interest rates stay at 0.5%
Halifax: House prices down in June

Property prices went down in June, according to the latest Halifax House Price Index.

09 Jul 2009
Halifax: House prices down in June
Property buying process 'could be simplified'

The property buying process in the UK could be simplified, according to one industry figure.

08 Jul 2009
Property buying process 'could be simplified'
Bank of England interest rates 'to remain at 0.5%'

The Bank of England interest rates decision will be announced tomorrow - and financial data research group Defaqto is predicting no change from the previous three months.

08 Jul 2009
Bank of England interest rates 'to remain at 0.5%'
Mortgages market - 'things picking up'

Lenders of mortgages are beginning to show more confidence in the overall property market, it has been suggested.

07 Jul 2009
Mortgages market - 'things picking up'
'Brighter future' for letting property

Letting property could be easier in the coming months.

06 Jul 2009
'Brighter future' for letting property
'Steady numbers' keen to let property

Recent months have seen steady interest from people keen to let property.

06 Jul 2009
'Steady numbers' keen to let property
Top-end houses 'making more than ever'

Some individual top-end houses are making more money "than ever before", according to the director of a property consultancy.

06 Jul 2009
Top-end houses 'making more than ever'
HBF applauds government's property-building initiatives

The Home Builder's Federation (HBF) has applauded new government measures which will see the construction of some 20,000 new homes within the next two years.

06 Jul 2009
HBF applauds government's property-building initiatives
NHIC offers home insurance reminder

British consumers getting involved in property development and other DIY tasks have been warned about the insurance implications.

03 Jul 2009
NHIC offers home insurance reminder
CML comments on mortgages

The UK has possibly moved on from the worst situation "in terms of mortgage business", according to the Council of Mortgage Lenders (CML) communications manager.

03 Jul 2009
CML comments on mortgages
Property price predictions made

Property prices will "gradually" increase over time, it has been suggested.

02 Jul 2009
Property price predictions made
Warning issued over home improvement

Those looking to conduct some property development or home improvement prior to selling a house should not undertake major renovations themselves.

02 Jul 2009
Warning issued over home improvement
Around 1m first-time buyers waiting for property

There are an estimated one million first-time buyers waiting for affordable property to be made available in the UK, according to PricedOut.org.uk spokesperson Katy John.

01 Jul 2009
Around 1m first-time buyers waiting for property
Nationwide house prices consistent with Rics' data

Nationwide Building Society's latest survey on house prices has a number of similarities with recent Royal Institution of Chartered Surveyors (Rics) research, the organisation has claimed.

01 Jul 2009
Nationwide house prices consistent with Rics' data
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