Thursday 17 May 2012

All posts in Housing

House prices still falling in UK

The most recent figures released by the Land registry indicate that house prices continue falling for the 15th month in a row and the main reasons are said to be the reduced availability of mortgage loans as well as the …

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Mortgage approvals at their lowest rate since 2010

According to recent statistics, fewer applications for mortgage loans are being approved and are apt the lowest level since December of 2010. In fact, only 43,450 mortgages were

Reintroduction of stamp duty tax causes slump in housing market

As had been predicted, the stamp duty deadline resulted in lower house prices as first-time buyers lost incentive to buy homes. Since there is now a 1% stamp

Housing market may be on its way back up

As the end of the stamp duty exemption nears, there has been an upswing in the number of homes being sold, according to recent figures released by the

Housing market in London projected to stagnate

Recent figures information by CEBR (Centre for Business Research) projects that London’s housing market will come to a virtual standstill this year due to loss of jobs and

More than 27,000 property owners are new millionaires

In recent months it has been all the news that house prices have been falling steadily around the UK in most locations. However, there are still certain regions

For the first time this year rents have fallen

One of the problems which the UK has been facing is that landlords are having difficulties keeping lettings rented. For the first time this year rents have fallen

Cash pledged to councils aimed at affordable housing

In the UK there are thought to be over 930,000 homes which have lain empty and in an effort to ease homelessness government has pledged £50 million to

Will a Conservative plan to increase housing development work?

Britain's Tory ministers recently announced a conservative plan to release an extensive number of new Brownfield sites that will ultimately provide enough zoning for 100,000 new homes.

Proposed coalition plans could reduce property prices by one-third

Coalition government recently proposed a change in planning that could cause house prices in the green belt to drop by up to 33% or more. Ultimately, if the