Property Market

New initiative set to help first time buyers
Intermediate rent (IR) or Rent to HomeBuy is to play a bigger role in the future business development of one of the region’s biggest housing associations. Contour Homes, which works across 27 local authority areas in the North West, is allowing potential purchasers to rent a new home in order to save for a deposit to buy it later.

Fall in love with Barratt this Valentine’s Day
Barratt is joining in the romance of Valentine’s Day with a tempting £2,500 cashback offer to everyone reserving a new home at its developments across the North East next weekend (14/15 February).
OFT seeks substantiation from sale and rent back firms over adverts
The OFT has issued formal notices to 16 sale and rent back firms asking them to substantiate claims they make in their adverts.

Hundreds do it MiWay
If you started the new year worrying about your finances and think there is no way you can afford a stylish new home, then Miller Homes is urging you to think again.

Miller Homes champ Bill Hughes wins another accolade
Starting the year in glamorous style, housebuilding stars gathered at a gala ceremony in London for the house builders’ ‘Oscars’, the National House Building Council’s (NHBC) Pride in the Job UK Supreme Gala Dinner.
More clicks and mortar from Miller Homes
National housebuilder Miller Homes is offering further help to homebuyers with its new website. The site - millerhomes.co.uk - has not only been given an aesthetic makeover, but it has also been designed to make searching for a new home easier than ever.
UK house prices fall 1.3% in January
The price of a typical house fell by a further 1.3% in January, as the deepening economic recession and financial market turbulence continued to weigh on housing market sentiment and activity, according to the Nationwide Building Society.
Distressed property sales are key indicator of market position
Developers are starting to raise prices on distressed housing stock sales, reports Assetz, which is the first clear early sign that the housing market is reaching the bottom. House prices at auctions also appear to have started to plateau since the New Year.
Gardens being neglected by nearly one in five Brits
Nearly 1 in 5 Brits (19%) do not use their garden as a social or living space, and only 16% use it for between 3 and 4 months of the year, according to research by Alliance & Leicester Personal Loans, with nearly half (45%) thinking that building a conservatory would be enough to encourage them to appreciate their outside space for more of the year.
International buyers snap-up UK properties as pound weakens
Following the weakening of the pound, the UK has witnessed a strong increase in overseas buyers over the last few months.
ABI publishes guidance on insurance for new developments
The ABI (Association of British Insurers) has published guidance to help developers ensure their properties are as flood proof as possible and insurable. The guidance also helps buyers make the right choice.
The smarter way to buy your own home
Owning a home of their own is back on the agenda for thousands of people previously priced out of the market - including those wanting to buy at one of 33 Redrow developments across England.
Rents fall as supply outstrips demand
Rising supply and waning demand for a place to rent firmly put the brakes on prices in Q4 2008, according to the first SpareRoom.co.uk Rental Index, which analyses over 40,000 rental listings.

Avoid flatmate nightmares with Persimmon
People in the Southern regions of England are the most anxious over sharing their home with a flatmate new research has shown*. West Sussex came out as one of the top areas where people were particularly concerned over the prospect of flat sharing. Smokers and pet owners were among the reasons highlighted to avoid living with someone.
Two out of five homes rate 'average' for energy efficiency
Using the Energy Performance Certificate's energy efficiency rating bands, two out of five homes in England and Wales (44%) rate 'average' for energy efficiency falling into band D, according research by the Halifax.