Property Market

Housing market slowdown continues

The RICS house price balance declined at the fastest pace since July 2005 but limited supply is still propping up the market, says the latest RICS’ UK housing market survey.

HIP, HIP hooray - help from Redrow

Controversial since day one, they've been watered down and criticised by many; yet currently anyone selling a three or four-bedroom property in England or Wales is legally obliged to supply buyers with a Home Information Pack (HIP).

Make Christmas wish come true with Redrow

The thought of opening presents in a new home on Christmas morning is every home hunter’s dream, but at Redrow’s developments in South Wales it can become a reality.

AHIPP refutes latest HIP survey as hype

In response to the latest NAEA survey on Home Information Packs (HIPs), which suggests that HIPs have had an adverse impact on the market, AHIPP is calling on the industry to demand facts not fiction.

Bank of England need to give consumers space to breath

With the current economic climate remaining unstable, the National Association of Estate Agents (NAEA) is disappointed with the Monetary Policy Committee’s decision to leave interest rates at 5.75% again this month, when a slight reduction would have come as a welcome breather to consumers.

UK house prices drop 0.5% in October

House prices fell by 0.5% in October, according to the latest Halifax House Price Index. Overall, house prices in the three months to October were 0.3% higher than in the previous quarter. This continues the steady downward trend experienced since the end of 2006.

Agents call for HIPs to be abandoned

A survey of members conducted by the National Association of Estate Agents (NAEA) has produced the largest response ever to one of its surveys with over 1000 replies indicating what a contentious issue HIPs still are.

Buy to let now a rich man’s game

The buy-to-let market is now so inaccessible to the average investor that only the wealthy can afford to be become landlords, says a new RICS report.

Buyers getting caught in the web, says Miller

The internet has hit an all time high with British buyers says Edinburgh based housebuilder Miller Homes who this month confirmed that nearly 50% of its homes are now sold to buyers already registered with the business online.

Anglia Site Manager in UK’s top 100

Persimmon Homes’ site manager Brent Titlow has beaten off stiff competition from across Anglia to be named one of just 100 top site managers in the country, receiving the NHBC’s Seal of Excellence Award in the organisation’s Pride in the Job Awards.

Downsize but don’t compromise with Miller

One of the things people often consider when planning their retirement is the possibility of `downsizing’ their home. Releasing some equity and having a property that is easier to maintain are obvious advantages but people who have worked hard for years don’t want to compromise on their standard of living.