Property Market
The Buy to Let Business
For many people Buy to Let is becoming a mainstream alternative to traditional investments such as pensions and the stock market. Mintel reports that 3% of homeowners are considering buying another property to let by 2010, doubling the number of current landlords.
Tax take from residential property boosts Chancellor’s coffers
Inheritance tax and Stamp Duty Receipts from residential property have increased dramatically during the past five and 10 years because tax rate thresholds have failed to take account of house price growth, according to Savills research.
New Commercial Lease Code gets thumbs up
Over 80 per cent of property professionals believe that increased transparency between landlord and tenant under the new Commercial Lease Code will eliminate costly and time consuming disputes, according to a snapshot survey by Lockton’s Real Estate & Construction division.
RICS comment on Land Registry figures
Commenting on the Land Registry figures, RICS senior economist, David Stubbs said: "The housing slowdown continues to accelerate as homeowners and prospective buyers deal with the impact of five interest rate increases since last August
Slow house price growth in July
House prices in England and Wales exhibit slow monthly growth for residential property transactions that completed in July 2007, according to latest Land Registry data.
EPCs will influence buying decision say householders
Research from the Energy Saving Trust has examined attitudes towards Energy Performance Certificates (EPCs) to reveal, for the first time, the true influence they have for householders in England - at a national level and on a regional scale.
Finding the Energy: Domestic microgeneration and planning
A new e-pamphlet published by the New Local Government Network (NLGN) has called for local planning laws to be relaxed to allow more people the option of installing eco-friendly energy sources to their homes.
Buy-to-let provides housing market stability
The buy-to-let market continues to remain robust in the face of rising borrowing costs, according to Paragon’s July Buy-to-Let Index.
Get more home for your money with Equitymax
George Wimpey West Scotland has launched its new Equitymax scheme on selected plots on selected developments throughout the region. Equitymax is a unique mortgage offer designed especially for George Wimpey customers to allow them greater purchasing power when calculating the maximum mortgage amount they can borrow when based on their gross income.
New build, detached property in the countryside is ideal
The nation's ideal home is a new build, detached property located in the countryside, according to new research from Halifax mortgages.
TheHipExchange.com: Personal searches v authenticated searches
“Recent comments about the problems associated with personal searches underline the importance of home owners commissioning their own Home Information Packs and not relying on ‘free’ or ‘subsidised’ Packs” says Henry Pryor of The Hip Exchange.
Latest HIP accusations muddled and misleading
Paul Broadhead, Deputy Director General, Association of Home Information Pack Providers (AHIPP) responds to suggestions today that some mortgage lenders will not accept personal searches included in Home Information Packs (HIPs):
Views sought on new approaches to affordable rural housing
The Housing Corporation is carrying out a feasibility study on how best to support the delivery of new affordable homes in rural areas. Views on this proposal are now being sought from a wide range of people and organisations.
Nationwide boosts funding for New Charter Housing Trust Group
Nationwide Commercial has increased its funding to Registered Social Landlord (RSL) New Charter Housing Trust Group (NCHTG) by £70m to £170m, as part of a thirty year term facility.
More Government funding for communities hit by July floods
Floods Recovery Minister John Healey today allocated funding to 39 local authorities who were worst affected by the July floods.