Zoopla property news (September 2011)

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Construction outlook 'could be better'

The current outlook for the construction of new homes in the UK could be much better, according to the Federation of Master Builders (FMB). Jayne Runacres, media and communications manager at the organisation, said that the overall future for the industry certainly "doesn't look too rosy" at the moment, following the publication of data by the Office for ...

6th Sep 2011

Cost of building green new homes 'is falling'

The cost associated with constructing new homes that conform with international sustainability regulations and meet energy-efficiency targets has fallen substantially. According to the Department for Communities and Local Government (DCLG), building new homes to greener, low-carbon standards is getting cheaper every year. For homes built to Code level 3 standards, average ...

5th Sep 2011

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Equity release 'can offset selling a home'

Older people can reduce the likelihood of having to sell their home to pay for care by turning to equity release, it has been claimed. David Penny, managing director and independent financial advisor at Invest Southwest, said he is increasingly observing clients using equity release if they do not want to leave their home but require care in varying degrees. He explained ...

5th Sep 2011

Renters 'may encounter difficulty'

People thinking of renting property in the months ahead may encounter a number of challenges, it has been claimed. That is the opinion of Katy John, press officer for PricedOut, the national campaign for affordable house prices , who said it is not cheap to either buy or rent at the moment. She explained that limited options are available to those who do not have a big ...

2nd Sep 2011

London property price growth 'is realistic'

It is entirely realistic to expect UK house prices in the coming month, according to one expert commenting on a new industry study. Knight Frank reported this week that prices of prime London property rose by 0.9 per cent in August 2011, contributing to annual growth of 10.5 per cent. In total, prices have risen 36.3 per cent since their recent post-credit crunch low in ...

2nd Sep 2011

Family housing 'is a better long-term investment'

Potential landlords examining prospective properties should consider homes that would be suitable for family housing, as these offer scope for great return on investment, one expert has suggested. That is the opinion of Chris Horne, editor at advice organisation Property Hawk, who said that, compared to flats, which have suffered slightly from an oversupply, family housing ...

1st Sep 2011

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