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.jpg "Mutual lenders increase mortgage approvals in October")
Mutual lenders increase mortgage approvals in October
The amount of money afforded to those looking to buy UK property in the last few months has grown, despite house prices falling and indicating a lower number of people looking to buy properties for sale throughout the month. According to the latest figures released by the Building Societies Association (BSA), the amount of money approved for mortgages by mutual lenders ...
3rd Dec 2012
.jpg "Homeowners urged not to forget about the risks of winter")
Homeowners urged not to forget about the risks of winter
British homeowners are forgetting the harsh lesson they were taught two years ago about the devastating effects the freezing winter weather can have when it comes to dealing with burst pipes, a new study released by insurer Axa has revealed. According to the company, in 2010, before the harsh winter that claimed many victims with freezing and burst pipes flooding ...
3rd Dec 2012
Property news archive
.jpg "UK property market seeing a higher demand from British tenants")
UK property market seeing a higher demand from British tenants
The unaffordable nature of mortgage lending for the past few years has led to many people moving into the market for rental homes rather than buying properties for sale. And despite the government introducing its flagship Funding for Lending scheme, aimed at allowing banks to approve more mortgages, the number of people looking to rent is still increasing, a new report has ...
30th Nov 2012
.jpg "Building on open land would solve UK property shortage, says minister")
Building on open land would solve UK property shortage, says minister
Making use of open land on which to build properties for sale would go a long way to reducing the housing shortage across the country, a government official has claimed. According to planning minister Nick Boles, speaking to BBC Newsnight, building on another two to three per cent of the open land in England would "solve the housing problem." This would bring the ...
29th Nov 2012
NewBuy scheme costing people too much for properties for sale
The NewBuy scheme in the UK has led to a far-greater number of buyers able to come onto the UK property ladder over the last few months, but an expert has claimed that although it helps affordability, they are paying too much for their purchase. The government introduced the NewBuy scheme in March of this year, allowing people in the UK to purchase a house with a deposit of ...
28th Nov 2012
First-time UK property buyers in Scotland on the increase
The number of people in the UK who are purchasing their first home has been on the increase throughout 2012 as many lenders have relaxed their conditions for mortgage approval. Now, a newly released report from the Council of Mortgage Lenders (CML) has shown that Scotland in particular is showing strong figures for newcomers to the properties for sale ladder. According to ...
27th Nov 2012
First time buyers in London at highest level in 3 years
The number of first time UK property buyers in London has risen to its highest level in nearly three years, according to the latest figures. The Council of Mortgage Lenders (CML) reported that during the third quarter of 2012 a total of 10,000 people took out a mortgage in the capital in order to get on to the ladder. At the moment, the level of home ownership in the UK ...
26th Nov 2012
London landlords welcome far-higher yields
Landlords in London have seen their monthly prices for rental homes increase by almost five times as much as those who operate elsewhere in the UK, an expert has claimed. At the moment, demand for rental housing in the UK property market remains high because people across the country cannot afford a deposit to pay for the purchase of their first home. However, Tim Morgan, ...
23rd Nov 2012
Fewer tariffs might not mean cheaper energy bills for UK property owners
People living in properties for sale were given hope this week when the government announced that it would be making the energy sector easier to follow, with the number of tariffs providers' are allowed to carry slashed. However, Citizens Advice has now claimed that this may not make it more cost-effective to heat homes and keep them free from damage and insurance ...
22nd Nov 2012
Communities come together to create a digital neighbourhood watch
The traditional neighbourhood watch was always a way for owners of properties for sale to make sure that they were looking after their own homes as well as those of everyone around them. However, this could be a thing of the past, as more are now turning towards digital channels. According to a study carried out by Legal and General, some 60 per cent are either already ...
21st Nov 2012