Property Market

Industry forum sends clear message: Adapt don't scrap HIPs

Over two thirds of industry professionals voted in favour of adapting rather than scrapping the much debated Home Information Pack (HIP) at the Land Data Great Housing Market Debate, hosted by The Wriglesworth Consultancy, earlier this week.

Budget measures won’t impact housing market trends

Housing market measures outlined this week by Chancellor Alistair Darling will not impact current housing market trends, the latest NAEA market report suggests.

Prime central London house prices rise 0.4% in April

Prime central London house prices rose for first time since March 2008, according to the Knight Frank Prime Central London Index.

Experts predict rental sector boom

House prices will stop falling this year, leading figures from the property industry agreed at the Land Data Great Housing Market Debate, hosted by the Wriglesworth Consultancy, held in London this week.

Weathering the property market

The latest housing market survey released by the Royal Institution for Chartered Surveyors (RICS) highlighted positive increases in new buyer enquiries and instructions to sell across the North West and Shropshire – a view that has been echoed by Golborne-based Persimmon Homes.

A buyer’s guide to home-hunting

We all know that first impressions count – whether it’s meeting someone, staring at the gleaming car in the showroom or looking at a lovingly-prepared plate of food!

Barratt axes stamp duty on homes up to £250k

The Chancellor Alistair Darling may have announced that the Stamp Duty holiday on homes worth up to £175,000 will be extended until the end of the year, but Barratt North East is going even further by offering to scrap the tax on all its homes up to £250,000 for the same period.

A home of your own

A recent survey has highlighted the growing trend of people living with friends and family because they can’t afford a home of their own. According to Abbey Mortgages, the number of 18-34 year olds saving cash by living rent free with other people has risen threefold since last year, with the figure now around 1.6 million.

Houses with the MHX factor

Miller Homes is expanding its sales focus outside of just the new build market, with a wide range of resale properties now available to buy on its dedicated MHX website. All are older properties that the company has taken in part exchange, and come with many of the benefits of a new house – including tempting discounts for a speedy sale.

Further price cuts entice bargain seekers

The average price of a new home fell 3.4% in March 2009, following the monthly increase recorded in February, according to smartnewhomes.com. This is the largest monthly price fall recorded since the downturn began in the new homes market in 2007, taking the annual decline above 13% for the second time this year.

Abbey: Stamp duty holiday extension

Nici Audhlam-Gardiner, Director of Mortgages at Abbey, said: "The Government's extension to the stamp duty ‘holiday' for properties up to £175,000 until the end of the year is welcome relief for struggling first time buyers but it's disappointing that it doesn't go further.

Gladedale announces spring offers

This spring, local buyers are being urged to take advantage of the fantastic short term offers still available on new homes across North East England. Current unbeatable incentives include shared equity, part exchange and free income protection available on selected plots at Gladedale developments across the region.