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UK Property News 09 2009

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Housing minister: We will do more to boost sector

The government is going to do more to help the property industry, according to housing minister John Healey.

30 Sep 2009
Housing minister: We will do more to boost sector
Healey announces help for mortgage holders

Housing minister John Healey has announced a new initiative that aims to help people in the UK who are struggling to pay their mortgages.

30 Sep 2009
Healey announces help for mortgage holders
London, West Midlands 'show strong house price growth'

London and the West Midlands registered the strongest growth in property prices during August compared to other regions of England and Wales, according to the latest data from the Land Registry.

29 Sep 2009
London, West Midlands 'show strong house price growth'
Landlords advised to buy terraced property

Those looking to get into the buy-to-let property market have been advised that it is a good time to purchase two-up, two-down terraced homes.

29 Sep 2009
Landlords advised to buy terraced property
Landlords 'can find bargain properties'

Some landlords in the UK will be able to find some real bargain properties to buy over the next two years, it has been suggested.

28 Sep 2009
Landlords 'can find bargain properties'
UK buy-to-let activity assessed

It is not surprising that just 26 per cent of landlords from outside London plan to add to their property portfolios over the next 12 months, according to an industry expert.

28 Sep 2009
UK buy-to-let activity assessed
Housebuilding industry assessed

Housebuilders' confidence has grown in the last few months as the residential property market has began to recover, according to Construction News business editor Nick Whitten.

25 Sep 2009
Housebuilding industry assessed
Property owners issued home insurance advice

Property owners who take in a lodger have been advised to make sure they let their insurance company know about the arrangement.

25 Sep 2009
Property owners issued home insurance advice
BBA: Mortgage lending up 4.6% in last year

Mortgage lending has grown by 4.6 per cent over the last year, according to the latest data from the British Bankers' Association (BBA).

24 Sep 2009
BBA: Mortgage lending up 4.6% in last year
Landlords 'are confident about house prices'

Some 77 per cent of landlords think that house prices in London will remain at their current level or be higher in 12 months' time, new research shows.

24 Sep 2009
Landlords 'are confident about house prices'
Consumers 'more satisfied with mortgage lenders'

People in the UK are four per cent more satisfied with their mortgage lender than they were last year, according to new research.

23 Sep 2009
Consumers 'more satisfied with mortgage lenders'
Construction industry 'must rise to eco challenge'

The UK construction can become more competitive in the global market by adapting new skills and technology to rise to the challenge of developing low carbon property, according to the Federation of Master Builders' (FMB) director of external affairs.

22 Sep 2009
Construction industry 'must rise to eco challenge'
Landlords find mortgages 'hard to come by'

Of the landlords looking to remortgage or buy a new property in the three months to the end of August, 8.4 per cent said it was more difficult to secure a buy-to-let mortgage than in the previous three months.

22 Sep 2009
Landlords find mortgages 'hard to come by'
Halifax assesses stamp duty holiday success

It is estimated that over a quarter of first-time buyers who purchased a property between September 2008 and August 2009 did not pay stamp duty due to the raised nil-rate threshold.

21 Sep 2009
Halifax assesses stamp duty holiday success
CML: August gross mortgage lending drops to £12.6bn

Estimated gross mortgage lending in the UK totalled £12.6 billion in August, according to the Council of Mortgage Lenders (CML).

21 Sep 2009
CML: August gross mortgage lending drops to £12.6bn
Rics aims to improve property industry standards

The Royal Institution of Chartered Surveyors (Rics) has teamed up with the Association of Residential Letting Agents and the National Association of Estate Agents have created the Property Standards Board.

18 Sep 2009
Rics aims to improve property industry standards
Property owners 'motivated by cash, not environment'

If property owners can see what savings can be made by making their house more environmentally friendly, they will act.

18 Sep 2009
Property owners 'motivated by cash, not environment'
Lack of job security 'a barrier to property buying'

Concerns about job security remain the most significant barrier to people buying property, according to new research.

17 Sep 2009
Lack of job security 'a barrier to property buying'
Survey shows UK's confidence in property investment

Some 45 per cent of people in the UK think that property investment provides better returns than other savings and investment vehicles, according to a recent survey from Scottish Widows.

16 Sep 2009
Survey shows UK's confidence in property investment
Election 'could impact on house prices'

The fact there will be a general election next year could have an effect on house prices, according to National Association of Estate Agents (NAEA) president Gary Smith.

16 Sep 2009
Election 'could impact on house prices'
Property market 'inching back to recovery'

House movers are returning to the property market, according to the National Association of Estate Agents' (NAEA) president Gary Smith.

15 Sep 2009
Property market 'inching back to recovery'
Average first-time buyer deposits 'falling'

The average first-time buyer mortgage deposit has decreased every month since June, according to new research.

15 Sep 2009
Average first-time buyer deposits 'falling'
Landlords seeing rents rise again

Landlords in the UK have seen rents increase in the last six months, according to editor of Property Hawk website Chris Horne.

14 Sep 2009
Landlords seeing rents rise again
'Good news' for homeowners on tracker mortgages

The recent Bank of England interest rates will have benefited a number of property owners on tracker mortgages, according to the director of independent financial adviser group MyMortgageDirect.

14 Sep 2009
'Good news' for homeowners on tracker mortgages
Landlords 'concerned about cash flow'

More than one in five landlords in the UK are concerned about their cash flow at present, new research suggests.

11 Sep 2009
Landlords 'concerned about cash flow'
BPF questions govt property action

Local government work on improving existing housing stock has not heralded the necessary results, according to a spokesperson for the British Property Federation (BPF).

11 Sep 2009
BPF questions govt property action
Bank freezes interest rate again

As expected, Bank of England interest rates were kept at 0.5 per cent this afternoon.

10 Sep 2009
Bank freezes interest rate again
MPC to make interest rate decision

The Bank of England interest rates decision for September will be made later today, with many economic commentators predicting there will be no change for the sixth month in a row.

10 Sep 2009
MPC to make interest rate decision
Bank of England interest rates set to stay low

Bank of England interest rates will remain low for some time, analysts have predicted.

09 Sep 2009
Bank of England interest rates set to stay low
'More people looking to buy property'

A growing number of Britons are hoping to buy homes, according to new data.

09 Sep 2009
'More people looking to buy property'
Student tips for dealing with landlords

Students must make sure their deposits are protected when renting from landlords while at university, according to Malcolm Harrison, spokesman for the Tenancy Deposit Scheme.

08 Sep 2009
Student tips for dealing with landlords
More fixed-rate mortgages with fees to come?

The trend that has seen the number of fixed-rate mortgages that come with fees rise to 49 per cent is set to continue for a while, although this is "probably close to reaching its saturation point".

08 Sep 2009
More fixed-rate mortgages with fees to come?
'Now's the time' for landlords to buy property

For landlords with money, now is the ideal time to purchase buy-to-let property, it has been suggested.

07 Sep 2009
'Now's the time' for landlords to buy property
People buying property 'should feel confident'

Homebuyers are right to have more confidence in the property market at present, according to one industry representative.

04 Sep 2009
People buying property 'should feel confident'
Property tax changes debated

The issue of property tax has been discussed by Ray Boulger, spokesperson for UK mortgage adviser John Charcol.

04 Sep 2009
Property tax changes debated
Summer property market dip assessed

The expected summer property market dip was not as bad as had been feared, according to the National Association of Estate Agents (NAEA).

03 Sep 2009
Summer property market dip assessed
CML assesses new data on mortgages

The Council of Mortgage Lenders (CML) has claimed that the Bank of England's latest data on mortgages is in line with its overall forecast on lending for 2009.

02 Sep 2009
CML assesses new data on mortgages
BOE: Mortgage approvals up in July

More mortgages were approved and a greater number of remortgages were made in Britain in July, new figures show.

02 Sep 2009
BOE: Mortgage approvals up in July
Property investment landscape assessed

The average number of days a buy-to-let investment property stays empty during the year has fallen, according to new research - and this has been described as "healthy" for the sector.

01 Sep 2009
Property investment landscape assessed
'Future is bright' for landlords

For British landlords who are involved in property investment over a long-term period, the future appears to be bright.

01 Sep 2009
'Future is bright' for landlords
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