Zoopla property news (November 2011)
Latest property news
House prices 'affect by transport links and social scenes'
The existence of good transport links and thriving social scene in an area can be just as important as factors such as jobs and schools when people are considering buying property for sale , one specialist has explained. That is the opinion of UK property expert Helen Adams, who noted that there is a reason why good commuter towns tend to have higher property prices . Not ...
23rd Nov 2011
Construction industry output 'remains level'
Output in the construction industry has remained level before the government's announcement earlier in the week, which could lower the number of new homes on the market. The Royal Institute of Chartered Surveyors (RICS) has reported that half of its respondents reported no change in their workloads from the previous quarter due to the continuing ...
23rd Nov 2011
Property news archive
First-time buyers 'will need larger deposits in future'
First-time buyers looking to purchase a property will increasingly need to save for a larger deposit than in the past few years, an expert has claimed. David Miles, external member of the Monetary Policy Committee, has told the Northern Housing Consortium that this could lead to a postponement in acquisitions. He said that many first-time buyers ...
22nd Nov 2011
Property hotspots 'are well underway'
Many of the areas recently identified as residential hotspots by market analyst Knight Frank are already under development, one expert has pointed out. UK property specialist Roger Southam said the Knight Frank report's hotspots are "not really a stretch of the imagination", as most of them are either earmarked for large-scale developments, already under ...
21st Nov 2011
Govt unveils its new homes strategy
The government has announced a raft of new measures designed to make it easier for first-time buyers to purchase houses. David Cameron and Nick Clegg, the prime minister and deputy prime minister, will announce the coalition's new housing strategy in order to try and revitalise Britain's property sector. It will include the construction of 16,000 new properties by ...
21st Nov 2011
Insulation 'an easy way to boost house prices'
One of the simplest ways for UK property owners to increase their home values is to have insulation installed, one specialist has pointed out. Andrew Leech, executive director of the National Home Improvement Council (NHIC), said that house prices can be considerably increased by having it fully insulated with roof and cavity wall insulation as well. That can also provide ...
18th Nov 2011
FTBs 'finding it difficult' in London
People hoping to get on the property ladder in London are currently struggling more than those in the majority of other UK regions, according to one expert. Liam Bailey, head of residential research at Knight Frank, said the problem really is that London has been undersupplied with housing for a long time and demand has grown year-on-year. His comments follow the ...
18th Nov 2011
Unused buildings 'present great buy to let opportunities'
People hoping to move into the buy to let market but struggling to find the right property to invest in could consider buying an unused building and converting it into student accommodation, it has been claimed. UK property investment expert Stephanie Sowerby said unused buildings offer the best opportunity for student accommodation, mainly due to the shortage of space in ...
18th Nov 2011
Landlords 'can expect strong returns'
Owners of buy to let property in the UK can expect very strong return on investment for the foreseeable future, due to the popularity of the rental sector in comparison to the buyers' market, it has been claimed. Nick Lyons, a rental property expert, made the comment following the publication of a report by the Council of Mortgage Lenders which showed that the number of ...
18th Nov 2011
House prices in Scotland rise once again
Monthly house prices in Scotland have increased for the third month in succession, according to the latest report which has revealed that September prices rose by 0.8 per cent. The "end of summer bounce" was revealed by the latest LSL report, which showed that year-on-year house price decline slowed to -1.5 per cent, down from -1.9 per cent last month. Commenting ...
17th Nov 2011