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UK Property News 02 2011

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Mortgage affordability 'best for a decade'

Mortgage affordability is the best it has been for ten years, it has been found.

28 Feb 2011
Mortgage affordability 'best for a decade'
Big city living 'becoming more affordable'

Property in the UK's biggest cities is becoming more affordable, it has been claimed.

28 Feb 2011
Big city living 'becoming more affordable'
"Little change" in mortgage borrowing levels

There has been a continuation of unchanging mortgage lending levels in the UK.

25 Feb 2011
"Little change" in mortgage borrowing levels
Scottish mortgage market 'remains constrained'

Conditions for lending to home buyers are still tight in Scotland.

25 Feb 2011
Scottish mortgage market 'remains constrained'
Fast interest rate rise 'would create problems'

A sharp interest rate rise may come as a shock to some.

24 Feb 2011
Fast interest rate rise 'would create problems'
Role of buy-to-let sector to increase?

The fourth quarter of 2010 has seen brokers gain more business from buy-to-let customers.

24 Feb 2011
Role of buy-to-let sector to increase?
Adult children boosting mortgage repayments?

Parents could save money by using adult children's money to pay off mortgages.

23 Feb 2011
Adult children boosting mortgage repayments?
Mortgage lenders 'improving communication with borrowers'

Technology is said to be helping keep customers more informed about their mortgages.

23 Feb 2011
Mortgage lenders 'improving communication with borrowers'
Landlords 'won't find it easier' to obtain finance

Finding finance for properties is unlikely to get any easier for landlords during 2011, according to an expert in the sector.

22 Feb 2011
Landlords 'won't find it easier' to obtain finance
House sellers setting unrealistic asking prices?

People selling their homes might be setting their prices at an unrealistic level, according to an expert in the sector.

22 Feb 2011
House sellers setting unrealistic asking prices?
Tenant demand 'showing no signs of slowing down'

Demand for rental properties has hit a two-year high and an expert believes it shows no sign of letting up this year.

22 Feb 2011
Tenant demand 'showing no signs of slowing down'
NLA welcomes 'comfort for vulnerable tenants'

The government's decision to drop plans to reduce housing benefit for those on Jobseeker's Allowance for more than a year has been praised by the National Landlords Association.

21 Feb 2011
NLA welcomes 'comfort for vulnerable tenants'
Mortgage holders advised to take stock now

Now is a good time for people to consider their position with regards to their mortgage and the repayments they are capable of making, an expert has stated.

21 Feb 2011
Mortgage holders advised to take stock now
Government to allocate £200m to bonuses for new homes

Housing minister Grant Shapps has announced details of a scheme to encourage building.

18 Feb 2011
Government to allocate £200m to bonuses for new homes
First-time buyers advised to be cautious

A property expert has advised caution for those making their first move onto the housing ladder.

18 Feb 2011
First-time buyers advised to be cautious
Buy-to-let landlords 'unlikely' to be hurt by rate rises

Potential interest rate rises are not expected to have a major impact on landlords.

18 Feb 2011
Buy-to-let landlords 'unlikely' to be hurt by rate rises
First-time buyers benefiting from LTV boost?

Research has indicated more high-LTV products are being made available.

17 Feb 2011
First-time buyers benefiting from LTV boost?
First-time buyers 'need prices to come down'

Prices, rather than mortgage constraints, are the biggest issue for potential homeowners, according to an expert.

17 Feb 2011
First-time buyers 'need prices to come down'
Repossessions will not increase with interest rates, expert says

The Bank of England may increase rates this year, but one expert has argued it will not necessarily lead to repossessions increasing.

17 Feb 2011
Repossessions will not increase with interest rates, expert says
FSA can use new powers 'to assist property market recovery'

Comments from an NAEA spokesman have suggested the FSA can use new powers to further the recovery of the housing market.

16 Feb 2011
FSA can use new powers 'to assist property market recovery'
Developer incentives 'make new property more appealing'

An expert has suggested that incentives offered by developers are responsible for last year's rise in new build prices.

16 Feb 2011
Developer incentives 'make new property more appealing'
Landlords 'should think about a location's potential'

An expert has said there are some mistakes that new landlords commonly make.

15 Feb 2011
Landlords 'should think about a location's potential'
Building and mortgage problems 'make for a volatile market'

A spokesman has predicted that unless changes are made, the UK housing market will remain vulnerable to erratic house price fluctuations.

15 Feb 2011
Building and mortgage problems 'make for a volatile market'
'Prepare property for the future' with LED lighting

Homeowners have been advised to consider LED downlights to help homes comply with future energy-efficiency regulations.

14 Feb 2011
'Prepare property for the future' with LED lighting
Property activity 'propelled by December lull'

According to an expert, the strong start to the year has occurred because some buyers and borrowers were waiting until after Christmas to make their move.

11 Feb 2011
Property activity 'propelled by December lull'
Buy-to-let 'boosted by high demand for rental'

Problems in the owner-occupier sector are sustaining rental demand and buy-to-let-growth.

10 Feb 2011
Buy-to-let 'boosted by high demand for rental'
Underfloor heating 'can increase property value'

People are said to look for positive features such as underfloor heating when buying a home.

09 Feb 2011
Underfloor heating 'can increase property value'
Landlords 'can cut costs by saving energy'

Arla has told landlords the best ways to make properties energy efficient.

09 Feb 2011
Landlords 'can cut costs by saving energy'
Low market activity 'due to mortgage shortage'

Job uncertainty and a lack of available mortgages are said to be affecting prices on the property market.

08 Feb 2011
Low market activity 'due to mortgage shortage'
Fix mortgage repayments 'sooner rather than later'

Borrowers who have delayed finalising deals are said to be running the risk of increasingly high mortgage rates.

08 Feb 2011
Fix mortgage repayments 'sooner rather than later'
Wary first-time buyers 'need mortgage solutions'

A head of consulting has suggested the industry needs to offer more solutions to keep the property ladder from remaining static.

07 Feb 2011
Wary first-time buyers 'need mortgage solutions'
Property market 'needs radical changes from government'

A managing director has explained some alternative ideas for how the government could improve the housing situation in the UK.

07 Feb 2011
Property market 'needs radical changes from government'
Sustained house prices 'will relieve pressure'

In reference to the latest Halifax House Price Index figures, an expert suggested market activity is closely related to the wider economy.

04 Feb 2011
Sustained house prices 'will relieve pressure'
2010 property market trends 'will be repeated'

The director of the AMI has predicted the same again for the property market but thinks an upturn is a possibility.

04 Feb 2011
2010 property market trends 'will be repeated'
Landlords 'cannot reduce rent'

A spokesman for landlords has reasoned they are not in a position to reduce rental costs.

03 Feb 2011
Landlords 'cannot reduce rent'
First-time buyers 'need more help from government'

Planning clarification and increased lending could help first-time buyers, in the opinion of an expert.

03 Feb 2011
First-time buyers 'need more help from government'
Landlords 'won't lower rent'

Despite cuts to housing benefits, the majority of landlords will not lower rent, a conference has revealed.

02 Feb 2011
Landlords 'won't lower rent'
Lenders 'should set buy-to-let guidelines'

A lack of advice for new buy-to-let landlords could result in repossessions and lost money for lenders.

02 Feb 2011
Lenders 'should set buy-to-let guidelines'
House prices to 'keep young buyers out of the market'

Whereas first-time buyers may struggle for some time, an industry spokesman has suggested other people will be pleased by stable house prices.

01 Feb 2011
House prices to 'keep young buyers out of the market'
Property figures represent 'a sluggish market'

An expert has predicted that market conditions will continue to keep many potential buyers at bay.

01 Feb 2011
Property figures represent 'a sluggish market'
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