Property Market
House price growth cools in Prime Central London
The quarterly rate of growth in Prime Central London now stands at 5.7%, down from 8.8% in the first quarter of this year, according to figures from Savills.
HIP, HIP away
As the debate concerning the forthcoming introduction of Home Information Packs (HIPs) rages on, research by Saga Home Insurance, has revealed that the scheme could face a backlash from worried homeowners, with almost one in two (47%) saying they are against HIPs.
DMG Information Group acquires QUEST Associates
DMG Information Ltd has reached agreement to acquire QUEST Associates. QUEST is the leading provider of software platforms for the exchange of valuation information between lenders and surveyors. QUEST is also a leading provider of software for the creation of Energy Performance Certificates and Home Information Packs.
Boom in construction start-ups
London, South East and Wales leading the way Britain’s obsession with property continues unabated as Barclays figures show a mini-boom in the number of people starting up their own businesses in the construction sector.
Homebuyers ‘net’ new homes
With Brits working the longest hours in Europe and having fewer hours to spend with the kids and as a family, finding the time to view new homes is becoming increasingly difficult. The stress of moving home, however, is being reduced as increasing numbers of homebuyers choose the Internet to do the hard work for them.
Rich pickings for developers
We all know there’s a huge shortfall in affordable family housing in the UK and are constantly reminded that we’re heading for a housing crisis. Gordon Brown has got the message and the government has stated that if we fail to build more homes the proportion of thirty year old couples able to purchase their own property could fall from 50% today to less than 30% in 20 years.
Rents rise for six consecutive months
Demand from tenants for rented homes has continued to place upward pressure on rents for the sixth month in a row, according to Paragon Mortgages. Last month, the average annual rent in England and Wales stood at £10,702 – an increase of £1,037 or 10% on November’s figure of £9,665.
Brown signifies continuity for HIPs
The announcement today that Yvette Cooper, Minister for Housing and Planning will continue with her role, but taking on a much higher profile and attending cabinet meetings when required, has been heralded as great news for the future of Home Information Packs (HIPs), by the industry.
Rising rents and tenant demand demonstrate buy-to-let remains sound
Demand from tenants for rented homes continues to place upward pressure on rents, which have risen for the sixth consecutive month, according to Paragon Maortgages.
London sales continue to drive house prices in May
London's average house price for May 2007 stands at £335,658 whereas the average price for England and Wales is £180,594, increasing the index to 219.6, according to Land Registry data.
Web site provides homebuyers with guideline to local flood risk
Travel chaos and major disruption has continued after heavy floods in England caused damage estimated at hundreds of millions of pounds.
House prices increase 1.1% in June
UK house price growth bounced back in June, increasing by 1.1% during the month, according to the Nationwide Building Society.
BPF backs Brown's rental housing boost
The British Property Federation has backed a pledge by incoming prime minister Gordon Brown to plug Britain's housing crisis by getting behind the private rented sector.
Reserve a new home and pay £150 per month until next summer
George Wimpey East Midlands is offering customers a fantastic mortgage deal of just £150 per month until July 2008! Thanks to this exclusive offer from the leading housebuilder, customers can cut the cost of moving and benefit from extra money in the bank to pay solicitors’ fees or removal bills.
NHBC Excellent After Sales Service Course
NHBC is re-running its highly successful Excellent After Sales Service course to help house-builders build better relationships with their customers.