Property Market
Brits planning to spend £13bn on green home improvements
Brits are planning to spend over £13 billion making their homes greener, with over two thirds of people (68%) claiming they have already taken steps to reduce the carbon footprint of their homes over the last year alone, according to research by Co-operative Bank Mortgages.
The underestimation nation
Britons should expect the unexpected when planning major works to their homes, according to Halifax Home Insurance. Its latest study found that the cost of one-in-four major home improvement projects spiral well beyond their original budget each year.
Gladedale launches new Special Projects Division
Gladedale, Britain’s biggest private house builder, has signalled its intention to become one of the UK’s leading players in tackling large-scale urban redevelopment projects.
Brand new homes for just £99 down
George Wimpey East Midlands has launched a brand new scheme to help first-time buyers and property investors make a sound new year investment at three of its sought-after developments. First-time buyers reserving a home during January will be able to ‘Move in for £99’, relieving them of the daunting costs associated with buying a property.
Redrow announces house price promise
With media speculation about interest rates and house prices, it’s no wonder home owners and first time buyers are feeling cautious about taking the next step.
A commuter’s paradise
Redrow Homes has moved up into ‘top gear’ with its new Church Gate development in Milnrow – which promises to be a perfect base for commuters. With an attractive village location at the foot of the Pennines, surrounded by moorlands, river valleys and country parks and with easy access to the bright lights of Rochdale, Oldham, Manchester and even Leeds, Church Gate offers home hunters the best of both worlds.
UK Private Housing Stock valued at £4.0 Trillion
The value of the UK's private housing stock rose by 9% (nearly £320bn) in 2007 to a record £4.0 trillion (£4,000bn), according to research from Halifax.
Amateur landlords’ long-haul investment
Nearly nine out of 10 (87%) landlords regard managing their rental properties as a profitable pastime, with only one in 25 (4%) regarding it as their full-time profession, Alliance & Leicester Mortgages’ new annual Landlord Index reveals.
Peter 'comes home' to Redrow
Winning a competition to design a house at the age of 14 set Peter Carpinelli on a career in housing that’s now lasted more than 25 years. Peter has joined Redrow Homes (South West) as managing director – and it’s his second stint with the award winning housebuilder, having previously worked as a regional architect for them in the south east of England during the mid 1990s.
Interest rate cut brings new homes within reach
People looking for a new home in the New Year will find it easier to make the finances work following the Bank of England’s decision to cut interest rates to 5.5%, says George Wimpey. In addition to savings of an estimated £15 to £20 a month on a £100,000 mortgage that the new interest rate will bring, George Wimpey is set to launch a range of additional financial incentives in January.
Public for action on empty homes
Halifax recently revealed the true extent of the problem of empty homes in the UK and announced that one in four people have lived on the same street as an empty home.
NLA calls for unfair letting agency fees to be abolished
The National Landlords Association (NLA), which represents almost 14,000 landlords, is calling on unfair tenancy renewal fees by letting agents to be abolished where the landlord has managed the property themselves throughout the agreement.
London’s prime market appears to steady
December prime central London property prices showed a surprising increase over November with market growth of 1%; a reversal of trend shown in the previous two months, according to the latest Knight Frank Prime Central London Index.
George Wimpey sets out to make life easier for homebuyers
Leading house-builder George Wimpey East Midlands is offering an exciting money-saving incentive to people looking for a new home this New Year. Customers who visit its developments across the region before the end of January will benefit from Easymover, which wipes out the “hidden” costs – and the hassle – of moving home.
House price fall entices eager homebuyers
One in ten people (11%) who plan to buy a house have accelerated their house-moving plans, according to a survey by independent personal finance information site Fool.co.uk.