News
Property News
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Assured tenancy threshold to increase 17th March 2010
The Government proposal to increase the Assured Shorthold Tenancy (AST) threshold had been broadly welcomed as an attempt to offer greater clarity and transparency for landlords and tenants. For reasons the government has not fully explained, it seems that a quirk of the process means the... Read More
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Retirees find comfort in British sense of community in Spain 17th March 2010
Once again crime and weather are to blame for the record number of over 55s wanting to leave the UK. New research from the Foreign Office divulges that more than four in ten Brits nearing retirement age are considering doing it abroad.. Each year around 200,000 Brits leave for foreign shores... Read More
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Historic moment for planning 17th March 2010
The Town and Country Planning Association (TCPA), and Friends of the Earth have welcomed the triple announcement by the Housing Minister, John Healey MP, of the three new Planning Policy Statements (PPS), £10 million funding towards helping local authorities knowledge and expertise in... Read More
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Local agent shortlisted in Estate & Lettings Agent Awards 17th March 2010
The Estate & Letting Agent Awards, the largest and longest running awards in the estate agent industry have announced their shortlist for 2010. Known in the trade as The Estas, the competition determines the best estate agents in the country through research carried out amongst customers... Read More
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Mortgage deals on offer from lenders increase 10th March 2010
Mortgage availability for homebuyers has improved over the past month, according to figures from the financial information service Moneyfacts. An increasing number of building societies and lenders are becoming more accommodating which is in turn increasing competition – therefore a better... Read More
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Average house price £166,587 according to Halifax 10th March 2010
Following seven consecutive monthly increases, house prices in February suffered a monthly decline of 1.5 per cent, according to latest figures from the Halifax. However, on an annual basis, prices rose by 4.5 per cent, easily beating last month’s 3.6 per cent growth which, at that point, had been... Read More
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Confidence rises in February 10th March 2010
Consumer confidence increased in February and now stands at its highest level since January 2008.according to the Nationwide consumer confidence survey The Expectations Index reached its highest level since records began, climbing six points in February to 115. 39% and those... Read More
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Mortgage rates on hold 10th March 2010
Once again the bank interest rate was held at 0.5% The good news for borrowers is that while bank rate remains dormant, mortgage rates continue to drift lower. The availability of 75% loan to value loans has continued to improve and this has prompted more competition ensuring obvious benefits... Read More
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Expectation of house price increases reaches new high 25th February 2010
Latest figures from the Worldwide Property Group have revealed that the expectation that house prices will increase over the next 12 months has reached a new high. The company’s monthly confidence tracker survey shows that a huge 69% of January respondents expect prices to increase. This is the... Read More
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Good advice for tenants 25th February 2010
Following the recent Avenues editorial article (10th February edition), outlining a number of government proposals for the private rented sector, Mrs Susan Hughes-Thomas MARLA President Elect of ARLA confirms that its good advice for tenants to choose agents who belong to the... Read More
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Energy-efficiency: the benefits 25th February 2010
It’s hard to imagine a time when homes didn’t have something as ‘simple’ as central heating. Two generations have grown up waking to a warm home, even if most of the heat has then escaped through badly insulated lofts and draughty windows. Now that the energy-efficiency of a property has... Read More
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Spring bounce & warmer weather will improve sales 18th February 2010
House prices rose again in January but buyer interest and new instructions to sell property fell as bad weather hit activity in the market, says RICS latest UK Housing Market survey. So presumably as the weather warms up new instructions to sell property will increase . In January, 32... Read More