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Minister battles to save planning law alteration

A government minister has said that the proposed change to planning permission regulations regarding UK property are not as bad as they have been painted out to be, as he bids to save the move. It had been hoped that it would be the case that those who own detached properties would be able to build an eight metre extension and those with semi-detached a six metre addition ...

16th Oct 2012

Homemovers increasingly downsizing their UK property

The UK property market is being driven in terms of homemovers by the fact that the majority of people who are selling are looking to downsize rather than move up the ladder. A new survey carried out by Lloyds TSB discovered that 51 per cent of people in the UK are looking to move to a smaller house when they decide to move. It also said that 21 per cent are going to be ...

10th Oct 2012

General news archive

Number of UK property mortgage products is on the rise

UK property buyers could soon see improving conditions in terms of lending, after it was announced that the number of mortgage products being offered by lenders across the country is on the rise. According to a newly released report from moneysupermarket.com, there has been an increase in brokers offering 60, 70, and 85 per cent loan-to-value mortgage products in the last ...

9th Oct 2012

Homeowners to see a freeze in council tax for UK property

Homeowners across the UK property market could soon see their expenditure levels improving, after the government in Wales and England announced that there will be a freezing of council tax charges for the third consecutive year. Westminster announced on Monday (October 8th) that it will be providing local authorities with a budget of a collective £450 million to help ...

9th Oct 2012

Boost for homeowners looking for energy efficiency

One of the biggest concerns for homeowners across the UK as a whole in recent months has been the fact that they have seen their energy bills rising thanks to the Big Six continuously increasing what they charge from month to month. However, while this is true, it has also been reported that a new Fair Green Deal has been launched to rival the government's public ...

3rd Oct 2012

First-time buyer levels drop back to 2011 numbers

The number of new buyers coming into the UK property market for the first time in their lives has seen a drop throughout the month of August, meaning that it now sits at the same level as it did a year ago. According to the latest study carried out by LSL Property Services, August saw a decline of 3.7 per cent during the month in first-time transactions. This came after ...

3rd Oct 2012

Banks 'should increase mortgage lending for FTBs'

Banks across the UK should be looking to increase their lending capabilities as a way of ensuring that more first-time buyers can get onto the UK property ladder. This is the claim of Dominik Lipnicki, director at Your Mortgage Decisions, who said that it is the case that first timers coming into the market are essential, because they represent the starting point of the ...

2nd Oct 2012

Mum and dad boosting FTB affordability

The number of first-time buyers in the UK property market who are turning toward the bank of mum and dad as a way to fund the purchase of their first home is increasing, according to a newly released report. HSBC has said that in the three years between 2008 and 2011, parents of those who are looking to purchase a house have added £23 billion into the property market ...

1st Oct 2012

Wokingham is the best place to bring up a family

The town of Wokingham in Berkshire has been noted as the best location in the country for people seeking out their first properties for sale to bring up their family. A new report conducted by Family Investments, has shown that the market town has the most favourable conditions, such as being situated just 33 miles from London, making it a great hub for commuting parents ...

1st Oct 2012

House hunters will turn away from homes with poor broadband

The need for the government to press ahead with plans for superfast broadband could be more urgent than ever, after it was revealed by a new report that many people looking at properties will walk away from a house where coverage in internet terms is poor. According to broadbandchoices.co.uk, it is the case that one in every ten people who have been looking at the purchase ...

28th Sep 2012

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