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.jpg "Rental market boosted by recession")
Rental market boosted by recession
In recent times, it has become more and more difficult for people to purchase their very first properties for sale in the UK. With increased scrutiny from banks and mutuals when it comes to mortgage lending, first timers are typically having to stump up around 20 to 25 per cent of the value of a house to secure a loan to buy it. And now, according to a new survey, this has ...
5th Mar 2013
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Green deal: Why should you make use of efficiency moves from the government?
Energy efficiency and making homes more sustainable has been something of a pressing issue for governments and builders in recent years for a number of reasons. However, for homeowners, the desire for these measures has become ever stronger in the last few years. The rising cost of gas and electricity has meant that many people have had to ration their heating or simply do ...
4th Mar 2013
Property news archive
.jpg "UK house prices on the increase in February")
UK house prices on the increase in February
The cost of purchasing a house in the UK property market saw an increase in February, the latest report released by Nationwide has shown. Data reports that the price of buying on average rose to keep up the strong level of performance that has been seen so far in the early weeks of the new year. Through February, the mean cost of a house hit levels of £162,638. While ...
4th Mar 2013
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Govt must do more to support sustainable homes
The Federation of Master Builders (FMB) has called on the government to make sure it is doing enough to support the growth in green build homes across the country as a way of helping homeowners bring down their bills. The organisation made its plea ahead of chancellor George Osborne announcing his budget for the coming year on March 20th, with chief executive Brian Berry ...
1st Mar 2013
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More Brits now converting basements: How will you use yours?
Towns outside London can often have space for development that may leave the average city dweller green with envy, especially after last year when new governmental planning laws allowed people to build small extensions without the need to apply for permission. Those living in London realise that space is a premium, however, and according to Harry de Quetteville writing for ...
27th Feb 2013
.jpg "London property showing strong global performance")
London property showing strong global performance
The market in properties for sale in London is showing a strength that puts it as one of the top destinations for residential investments across the entire globe, a new report has shown. That it is the top settlement for purchasing homes in the UK will be no surprise to anyone, with the capital having strongly outperformed every other town and city in the country in the ...
26th Feb 2013
.jpg "Cold weather sees mortgages fall for first time in 6 months")
Cold weather sees mortgages fall for first time in 6 months
The onset of cold weather throughout January has seen the number of mortgage approvals drop below the total it sat at a year ago as the figure experienced its first fall in six months. Previous reports had shown that the market for properties for sale was growing once more at the start of 2013, with increasing confidence and a rise in asking prices pushing the sector ...
26th Feb 2013
.jpg "Remortgage market struggling to hit pre-recession totals")
Remortgage market struggling to hit pre-recession totals
The UK property market has faced problems in a number of different sectors across the last few years, with sales dwindling thanks to the fact that the availability of finance has suffered severely in recent times. It is in this sector for house purchase loans however, that most of the issues have remained. While house prices have seen some improvements in recent times, and ...
25th Feb 2013
.jpg "More new homes called for as total drops in 2012")
More new homes called for as total drops in 2012
The number of new homes built across England in 2012 declined, as a greater number of industry leaders now call for new measures that would help to see an increase in the total. In the last year, demand for houses not previously in the market has grown thanks to the governmental NewBuy scheme, which allowed those with a low deposit the chance to get on the ladder. However, ...
25th Feb 2013
.jpg "More landlords now using their property as a pension")
More landlords now using their property as a pension
A greater number of Brits operating in the market for property to rent are now seeing their investment as something they can fall back on in their retirement. According to the findings from the BM Solutions/BDRC Continental study, the volume of people who see this as a useful way to fund their later life is increasing. As many as 84 per cent now believe that the money they ...
22nd Feb 2013