Property Market
Helping home owners meet the green challenge
Two-thirds of home owners believe they are making an effort to reduce their carbon footprint, while 80% say they would be more likely to buy a new home that was eco-friendly, according to new research by Redrow Homes.
New land team for Chase Homes
Two appointments to Chase Homes have completed the firm’s new land department. Andrew Izamis and Phil Adams, both senior land managers, join Richard Miller who has recently been promoted to land director and head of the new team.
RICS: Nationwide September house price figures
Commenting on the Nationwide figures Oliver Gilmartin RICS senior economist said: "Whilst monthly measures can bounce around the underlying trend remains downward and credit market turmoil is yet to show up on the balance sheet of households.
Business as usual in buy-to-let
With weakness in the main housing market, buy-to-let remains strong, with rental yields stable, overall returns steady and landlords adding to their portfolios, according to Paragon’s September Buy-to-Let Index.
House prices shrug off credit crunch in September
House prices defied gloomy expectations rising 0.7% in September, but the trend growth of house prices is now the lowest since July 2006, according to figures from the Nationwide Building Society.
Prime Minister's pledge to double the number of eco-towns
The Town and Country Planning Association (TCPA) welcomes Gordon Brown’s pledge to build 10 rather than 5 new eco-towns, announced in his first Prime Minister's speech at the Labour Party Conference.
Value of UK rental market rises
Economic uncertainty around interest rate expectations, the current credit crunch and financial market turmoil has held back a number of would-be buyers and resulted in a dramatic increase in the overall value of the UK rental market, according to Hamptons International, one of the UK’s premier international residential agents.
Government urged to complete roll out of HIPs
Since Home Information Packs (HIPs) were implemented for all properties in England and Wales with three bedrooms or more two weeks’ ago, HIPs have been delivered to consumers efficiently and professionally by the new HIP provider industry.
Low gearing keeps landlords' portfolios safe
Residential landlords have sheltered themselves from rising interest rates and higher borrowing costs by reducing the gearing on their portfolios, research from specialist buy-to-let lender Paragon has revealed.
Buy to let expectations remain positive
With relatively low loans on their investment properties, more than half of all Buy to Let investors expect to increase their portfolios over the coming twelve months and 90% of investment landlords said they would not sell should house prices fall, according to the latest ARLA quarterly Review and Index.
Act now on power of attorney contracts
Government changes coming in on Enduring Power of Attorney (EPA) on 1st October 2007 mean people should act sooner rather than later in setting up a contract according to Equity Release and Wills specialists, Key Retirement Solutions.
Norwich & Peterborough’s £5,000 boost for eco-builds
In just eight years’ time all new homes will have to be “carbon neutral” – so anyone planning to build their own home should wise up to eco features now!
Three-fold rise in million pound property sales
There has been an almost three-fold increase in the number of million pound property sales in England and Wales over the past five years, according to research from Halifax Estate Agents.
Dinner’ the winner
We all do it everyday, it’s something we think about hours before we do it but forget about after we’ve done it. We do it on our laps or around the table - but what do we all call it?
Homebuyers unsatisfied with new pad
Almost a third of British homebuyers (29 per cent) are unsatisfied with their new home once they’ve moved, finding it to be more bedsit than Beckingham Palace.