UK Property News
Falling house prices have not deterred three out of four people from buying a property, says money website Fool.co.uk. But while men show greater hesitancy to dip their toes in the property market now, women are not put off.
Interested parties who wish to submit their views on the National Landlords Association (NLA) draft Code of Practice for landlords involved in the sale and rent back market, have only got a few more days to send in their response.
A second survey of members conducted by the National Association of Estate Agents (NAEA), the residential sales arm of the National Federation of Property Professionals (NFOPP), regarding the indecision caused by a possible Government Stamp Duty holiday announcement, shows that the crisis is still playing out in the housing market.
Energy efficient homes could be a vital driver to keeping the property market moving, with "carbon appeal" set to replace "kerb appeal" when it comes to swaying buyers. New research reveals that half of UK homeowners believe homes with greener features are easier to sell in the current market and 53% of all householders say they would be willing to pay extra for them.
Buy-to-let (BTL) repossessions have significantly increased compared to this time last year - making renters just as prone to repossession as homeowners.
National housebuilder Gladedale is to pre-empt the Government's decision on stamp duty by offering to pay the tax liability for new homebuyers now, with the aim of injecting new confidence into the housing market.
The Association of Home Information Pack Providers has responded to calls from the National Association of Estate Agents (NAEA) and Royal Institution of Chartered Surveyors (RICS) to remove search information from Home Information Packs (HIPs).
The National Association of Estate Agents (NAEA), the residential sales arm of the National Federation of Property Professionals (NFOPP), is calling on the government to help the property market by finally taking action on Home Information Packs (HIPs).
Forget promises of stamp duty holidays and deferrals later in the year - George Wimpey is offering to pay its buyers stamp duty - now!* The simple scheme will save those moving home thousands of pounds and help local buyers get on and move up the property ladder.
Land Registry, the government department responsible for land registration in England and Wales, gives an upbeat assessment of its work over the past 12 months in its Annual Report and Accounts 2007/8 published today, Thursday 21 August 2008.
More than eight in ten Brits, 82%, are annoyed by government and business initiatives that are forcing green values on them, according to research from Legal & General.
Member of the National Association of Estate Agents (NAEA) reported that the current market is levelling out; however there are still signs of uncertainty. July's figures clearly show that there is still a lack of consumer confidence, with less people entering the market.
Bryant Homes is giving local housebuyers a welcome boost by offering to cover the cost of their stamp duty on selected properties at developments across the South Midlands region*.
mydeposits.co.uk, a Government-approved tenancy deposit protection scheme, is strongly urging students to ensure this year's deposit is properly protected.
The rental market boomed as housing sales diminished, says the latest RICS Lettings Survey. New instructions (an indicator of supply) to let increased at the fastest pace in the survey's history as many would-be-sellers found that becoming a landlord is a better option than selling in the current climate.
L&C Mortgages' survey to gauge the impact of the credit crunch on homeowners has revealed that most think there's a long way to go before things improve.
National housebuilder Gladedale has joined a growing number of property developers putting very practical pressure on the government to announce a decision on stamp duty by offering to pick up the costs themselves in the period while the government makes up its mind.
Homebuyers looking for a new home, but anxious about selling their current property will find help on hand from Redrow. The award-winning housebuilder is offering buyers the opportunity to move quickly and easily using part-exchange at various locations across South Wales.
The National Landlords Association, the largest trade body for UK landlords, has commented on the Ministry of Justice statistics on mortgage and landlord possession actions in the County Courts of England and Wales for quarter two 2008.
Are house prices going to continue plunging, or will the increasingly sluggish property market soon bottom out? Anyone who knows the answer to that question could make a fortune – but of course nobody does know, despite the many predictions by so-called experts.
Sweeping reforms to buy-to-let are set to be recommended in a report by the Law Commission broadly supported by the British Property Federation.
In responding to the Law Commission report "Housing: Encouraging Responsible Letting," David Salusbury, Chairman, National Landlords Association, the largest representative body for landlords in the United Kingdom, said: "The National Landlords Association welcomes many of the staged reforms the Law Commission proposes.
Homeowners wishing to make their property work for them in the credit crunch could rake in a whopping £63.4 billion extra each year by renting spare bedrooms out to lodgers, according to research by Abbey Mortgages.
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