Property Market
HIP industry offers further reassurance
The HIP industry has presented a united front in a recent letter to the Housing Minister, offering the strongest of reassurances that it is ready to deliver HIPs effectively and efficiently as of the 1st June this year.
Prime central London prices rise at fastest rate in 28 years
Latest results from Knight Frank’s Prime Central London House Price Index reveal the strongest rate of price growth in 28 years, with prices climbing 31.0% in the year to February.
New homes market booming
The new homes market is exceptionally strong heading into the spring months, reports Linden Homes. The housebuilder has experienced record sales so far in 2007, which are 55% higher than during the same period last year.
Green thinking reduces the carbon footprint of Bellway Homes by a third
National housebuilder Bellway estimates that it has reduced its carbon footprint by more than a third for every home it sold last year as a result of providing renewable energy to its new home-owners. The company is also offsetting some of its carbon emissions by donating towards the conservation of rainforests in Ecuador.
No-deposit tenancies attract tenants and protect landlords
Residential letting agents can now offer tempting ‘no-deposit’ tenancies to prospective tenants thanks to the launch of a new scheme to protect landlords’ property by LetsXL. The North Wales based business supports letting agents, and is offering ‘Zero In’ as a radical third alternative to two government-approved methods of handling tenant deposits.
Radical proposals to improve housing for low income households
While Ruth Kelly, Secretary of State for Communities and Local Government, claims that Britain is on the verge of a golden age in housing policies, a new report from Professor Duncan Maclennan warns that “the golden age is still a serious number of leaden steps ahead”.
KFH welcomes mandatory regulation of Tenancy Deposit Protection
On 6 April 2007 the Tenancy Deposit Protection legislation comes into effect stating that all deposits taken by landlords and letting agents must be protected by a government approved tenancy protection scheme.
Urgent need for new affordable homes
Latest Government statistics on house prices add further weight to the National Housing Federation's call for a dramatic increase in affordable housebuilding.
Eight buyers for every seller in UK property market
The current property market is continuing to hit giddy heights with an average of eight buyers for every seller, according to analysis from Hamptons International.
Will Brown take his final opportunity to make stamp duty fairer?
Rumours of 5% top rate for million pound properties – but still no comfort for first time buyers says Ray Boulger of John Charcol.
Redrow has designs on better housing
UK-wide developer Redrow says it is encouraged by the findings of a report by architecture watchdog CABE, which show it to be one of the better performing housebuilders for urban design based on a sample of 300 schemes over the last five years.
Double success for housebuilder
Redrow Homes is shaping up to launch two new developments in Buckinghamshire and Cambridgeshire – bringing over 350 new homes to the area.
House prices slow as affordability worsens
House price rises have slowed to the slowest pace since last May as interest rate hikes have worsened buyer affordability, says the latest RICS UK housing market survey.
Armitt sets out case for greater private investment in Thames Gateway
Thames Gateway Chief Executive Judith Armitt set out her case for greater private investment in the Thames Gateway programme at the MIPIM international property summit.
House prices surge in January
The mix-adjusted average house price in the UK in January 2007 stood at £205,286, up from £201,090 in December 2006, according to figures from the Department for Communities and Local Government (DCLG).