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Govt housing announcements 'are very positive'

The latest announcement by the coalition about more land being made available for new homes to be built is great news for the industry, one sector body has noted.

The Department for Communities and Local Government has revealed that land for up to 80,000 new homes has been identified, while all buyers will now be...

3rd Feb 2012

UK housing market confidence booms

There has been a boom in the number of people expressing confidence in the UK's property industry and its future prospects, a new poll reveals.

A survey carried out by Agency Express shows that all 12 major UK regions saw significant double-digit growth in new 'for sale' listings recorded in January, compared to...

2nd Feb 2012

Property news archive

Property activity increases in private rented sector

Buying and selling activity in the UK's private rented sector increased in 2011, according to the latest industry figures from the Association of Residential Letting Agents (ARLA).

The data reveals that the proportion of landlords that sold a property in the 12 months to Q4 2011 stood at eight per cent, compared to just...

2nd Feb 2012

Competitive pricing 'hugely important' when selling a home

It is extremely important that people putting their home on the market make sure it is competitively priced, one expert has claimed.

Dianne Paterson, property partner at Russel + Aitken, said that UK house prices are unlikely to change much in 2012 and so sellers who are...

2nd Feb 2012

Lowering VAT 'could boost home energy efficiency'

A reduction in the rate of VAT on home improvements could encourage more people to increase the energy efficiency of their property, according to one sector body.

Andrew Leech, director at the National Home Improvement Council (NHIC), said he is "sure" this would be the case, as cutting VAT would save the consumer...

1st Feb 2012

Accent pieces 'a big interior design trend' in 2011

Property owners planning to revamp their home interiors in 2012 may find that investing in a few key items can help to transform their abode.

That is the opinion of a spokeswoman for Egerton Designs, who said that using "accent pieces" to bring interiors up to date without the need for major expensive changes will...

1st Feb 2012

Paying off a mortgage 'more cost-effective than saving'

It is more cost-effective for UK property owners to pay off their mortgage, rather than plough their money into savings, it has been advised.

Paula John, editor-in-chief at Your Mortgage, said that although there has been an increase in the number of people overpaying their mortgage, more homeowners should look to take...

1st Feb 2012

Property sellers 'need to be competitive'

People with property for sale in the UK need to be as competitive as possible to ensure their home sells in the weeks and months ahead, one specialist has advised. UK property expert Selwyn Lim said that some property buyers are choosing to be...

31st Jan 2012

Average UK house price stands at £195k

The average cost of buying a home in the UK currently stands at £195,196, according to the latest analysis of data by leading analysts. The Assetz House Price Watch index, which uses figures from LG, LSL Acadametrics, Halifax and Nationwide, shows that December saw the biggest monthly fall in prices last year, with...

30th Jan 2012

LTV lending hits 'solid' 80%'

There has been a rise in the number of mortgage lenders offering more than 20 buy to let mortgages, with loan to values (LTVs) up to 80 per cent, according to new data from the sourcing tool Mortgage Flow.

According to the organisation, from December 2008 to May 2010 the highest achievable LTV for a buy to let mortgage was just 75 per cent, until Mortgage Works...

27th Jan 2012

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