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UK Property News 10 2009

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Landlords 'must be aware of obligations to tenants'

Landlords need to be aware of their obligations to those who rent property from them, according to the Association of Residential Letting Agents' (Arla) operations manager Ian Potter.

30 Oct 2009
Landlords 'must be aware of obligations to tenants'
First-time property buyers 'vital to industry'

First-time buyers are "very important" to the housing industry as a whole, according to the assistant director of sales at Metropolitan Home Ownership (MHO).

29 Oct 2009
First-time property buyers 'vital to industry'
'Average property price is £158,377'

Property prices in England and Wales went up in September, according to the latest data from the Land Registry.

29 Oct 2009
'Average property price is £158,377'
HBF comments on Tory property development plans

Recent proposals by the Conservative Party to improve property development planning systems and promote local community development have been welcomed by the Home Builders Federation (HBF).

28 Oct 2009
HBF comments on Tory property development plans
Repaying mortgages 'should be top concern'

Property owners have been told that they should ensure that making their monthly mortgage repayment is the highest priority.

28 Oct 2009
Repaying mortgages 'should be top concern'
Rics releases new buy-to-let research

The number of surveyors who reported a rise rather than a fall in demand for buy-to-let property in the three months to September increased by two per cent, according to the latest research from the Royal Institution of Chartered Surveyors (Rics).

27 Oct 2009
Rics releases new buy-to-let research
Parents think now is the time to buy property

Some 70 per cent of parents with adult children think that now is a good time for their offspring to buy property, according to a Lloyds TSB survey.

27 Oct 2009
Parents think now is the time to buy property
Change in property buyer sentiment noted

House price rises in some parts of London have been driven by a change in sentiment among those looking to buy property, it has been suggested.

26 Oct 2009
Change in property buyer sentiment noted
House prices in London 'will settle'

The rise in house prices in central London will start to "settle down a tiny bit", according to Alex Thompson, director at the Notting Hill office of estate agent Winkworth.

26 Oct 2009
House prices in London 'will settle'
'Investors buying more property'

Investors have opted to buy more property over the last year, new research from the Association of Residential Letting Agents (Arla) has revealed.

23 Oct 2009
'Investors buying more property'
Private rented sector 'continues to grow'

It is important that both landlords and tenants are protected as the private rented sector continues to grow, according to a property industry representative.

23 Oct 2009
Private rented sector 'continues to grow'
Tory support for private landlord reform

A reform that would help landlords who are risking unnecessarily high rental arrears due to the Local Housing Allowance (LHA) will now be backed by the Conservative Party, the National Landlords Association (NLA) has announced.

22 Oct 2009
Tory support for private landlord reform
Demand for homes for sale 'is increasing'

First-time buyers are returning to the property market and demand for homes is increasing.

22 Oct 2009
Demand for homes for sale 'is increasing'
CML: Gross mortgage lending up 2%

A two per cent rise in estimated gross mortgage lending was recorded in September by the Council of Mortgage Lenders (CML).

21 Oct 2009
CML: Gross mortgage lending up 2%
Landlords warned about rent arrears

Landlords in the UK can protect themselves from rent arrears by taking out specific insurance policies, according to the National Landlords Association (NLA).

21 Oct 2009
Landlords warned about rent arrears
NAEA: Mortgage proposals must find right balance

The Financial Services Authority (FSA) must find the right balance with its mortgage proposals, according to the professional body for estate agents in the UK.

20 Oct 2009
NAEA: Mortgage proposals must find right balance
Mortgages for landlords 'must be made available'

Landlords with portfolios of all sizes must be given access to mortgages, according to the operations manager at the Association of Residential Letting Agents.

20 Oct 2009
Mortgages for landlords 'must be made available'
Landlords issued with insurance warning

A buy to let expert has issued a warning to landlords about home insurance.

19 Oct 2009
Landlords issued with insurance warning
Housebuilding sector 'shows signs of improvement'

There are signs that the housebuilding sector is improving, according to the Union of Construction, Allied Trades and Technicians (Ucatt).

19 Oct 2009
Housebuilding sector 'shows signs of improvement'
Energy-efficient property tips offered

The kitchen and bathroom are two areas of a home where energy-efficient improvements can often be made, according to the curator of the Eco Home Exhibition.

16 Oct 2009
Energy-efficient property tips offered
Estate agent calls for stamp duty changes

Stamp duty "has been a major impediment" to those looking to move house, according to an estate agent.

16 Oct 2009
Estate agent calls for stamp duty changes
Homeowners issued with advice on mortgages

A mortgage expert has given homeowners mortgage advice after figures from the Council of Mortgage Lenders (CML) revealed that remortgage levels have fallen.

15 Oct 2009
Homeowners issued with advice on mortgages
CLG: UK house prices rise in August

Property prices in the UK rose by 0.5 per cent between July and August 2009, according to the latest figures from the Communities and Local Government (CLG) department.

14 Oct 2009
CLG: UK house prices rise in August
Consumers 'unsurprisingly' renting property for longer

It is not surprising that people are renting property for longer periods of time than in years gone by, according to National Landlords Association (NLA) spokesperson Steve Hilton.

14 Oct 2009
Consumers 'unsurprisingly' renting property for longer
Property investment 'a long-term game'

Getting involved in property investment is a long-term project, according to Paragon Mortgages managing director John Heron.

13 Oct 2009
Property investment 'a long-term game'
'Lack of supply underpins rise in house prices'

A rise in property prices is being underpinned by a lack of supply, according to a spokesperson for the Royal Institution of Chartered Surveyors (Rics).

13 Oct 2009
'Lack of supply underpins rise in house prices'
Some buy-to-let investors "preyed upon"

A number of buy-to-let investors were "preyed upon" by some property groups between 2005 and 2007, according to the editor of Property Investor News magazine.

12 Oct 2009
Some buy-to-let investors "preyed upon"
Property investment market analysed

Smaller property developments and house-building "are still going forward", but there are "very few companies" building flats, it has been suggested.

12 Oct 2009
Property investment market analysed
Bank of England interest rates held

Bank of England interest rates were frozen at 0.5 per cent for the sixth month in a row yesterday (October 8th).

09 Oct 2009
Bank of England interest rates held
First-time buyer market share 'down 10%'

The percentage of property buyers who were purchasing their first home in September dropped from 36 to 26 per cent in September, compared to August.

08 Oct 2009
First-time buyer market share 'down 10%'
Halifax: Property prices rise again

House prices in the UK rose for the third consecutive month in September, according to the latest figures from Halifax.

08 Oct 2009
Halifax: Property prices rise again
Bank of England interest rates 'to stay at 0.5% in 2010'

It has been suggested that the Bank of England interest rates will remain at 0.5 per cent throughout 2010.

07 Oct 2009
Bank of England interest rates 'to stay at 0.5% in 2010'
Rogue landlords 'need to be uncovered'

Unscrupulous landlords in the UK need to be clamped down upon, according to the National Landlords Association.

07 Oct 2009
Rogue landlords 'need to be uncovered'
NAEA: Property market is recovering

Nationwide Building Society's latest property price data shows that the housing market is recovering, according to the National Association of Estate Agents (NAEA).

06 Oct 2009
NAEA: Property market is recovering
Property improvement show assessed

The education programme at the National Home Improvement Show "was the real highlight" of the three-day event, according to Michael Holmes from Channel Five's I Own Britain's Best Home.

06 Oct 2009
Property improvement show assessed
Invest in buy-to-let 'while it's cheap'

Would-be landlords and those looking to boost their property portfolios have been advised to invest in the buy-to-let market while prices are still cheap.

05 Oct 2009
Invest in buy-to-let 'while it's cheap'
Quarterly house price change 'highest for 5 years'

The increase recorded in the average house price between the second and third quarters of 2009 was the highest it has been since August 2004, according to Royal Institution of Chartered Surveyors (Rics) senior economist Brigid O'Leary.

05 Oct 2009
Quarterly house price change 'highest for 5 years'
NAEA calls for property tax reform

The government must reform the stamp duty property tax to help encourage more people to buy a new house, it has been suggested.

02 Oct 2009
NAEA calls for property tax reform
House prices 'rise again'

Property prices in the UK have now risen for five months in a row, according to the latest data.

02 Oct 2009
House prices 'rise again'
Sale and rent back schemes 'need further regulating'

The people who get involved in sale and rent back schemes need more protection than is currently being provided, according to one property industry expert.

01 Oct 2009
Sale and rent back schemes 'need further regulating'
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