News Archive - November 2007
Buy-to-let property investors are benefiting from increased demand for their properties.It comes as house prices rise and interest rates remain high, ...
Published: 30/11/2007
Brits fear economic troubles ahead
A third of all Britons are concerned about the economic situation in the country and many are putting major purchases such as buying a home on hold.Fi...
Published: 30/11/2007
Hips to help FTBs
The introduction of Home information packs (Hips) should benefit first time buyers (FTBs).That is according to Hip provider Hiphiphooray.com, which sa...
Published: 30/11/2007
Borrowers want security of fixed-rates
A large number of homeowners would switch to a fixed-rate mortgage deal if they had to swap.Research by Abbey shows that one-in-three borrowers would ...
Published: 29/11/2007
FTBs struggle to save and buy
It is more difficult now than ever before for first time buyers (FTBs) to save for a pension because it is so expensive to get a foot on the property ...
Published: 29/11/2007
Property prices down in November
House prices fell in November, according to the latest figures from Nationwide.The firm's latest house price index shows that prices fell by 0.8 per c...
Published: 29/11/2007
FTBs forced to buy elsewhere
Some first time buyers (FTBs) are being forced to live in areas they do not want to be in due to rising house prices.Website PricedOut says that house...
Published: 28/11/2007
Price growth to reach 3.5%
House price growth may reach 3.5 per cent in the new year, according to the County Homesearch Company (CHC).In addition, the firm anticipates that the...
Published: 28/11/2007
Slight house price rises in October
House prices across England and Wales increased by 0.1 per cent in October.That is according to the latest Land Registry House Price Index, which puts...
Published: 28/11/2007
Buy-to-let remains popular
Buy-to-let investors will continue to enter the market and will see profits if they purchase in the right areas.That is according to Imagine Homes, wh...
Published: 27/11/2007
FTBs hit by London unaffordability
First time buyers (FTBs) are struggling to get onto the property ladder in London as prices have increased well above the average wage.The London Hous...
Published: 27/11/2007
Landlords prepare for EPC deadline
Buy-to-let property investors are working hard to ensure that they are prepared for October 1st 2008, when the rules change regarding Energy Performan...
Published: 27/11/2007
Housing market 'will stabilise'
The housing market will settle rather than see rapid growth over the course of the coming year, according to a property expert.David Bexon, managing d...
Published: 27/11/2007
0.2% drop in house prices
House prices fell in November, according to the latest figures from Hometrack.The firm has revealed that prices slumped by 0.2 per cent month-on-month...
Published: 26/11/2007
Base rate cut expected by Brits
An increasing number of Britons now believe that the base rate of interest will soon be cut.The latest Lloyds TSB Consumer Barometer shows that confid...
Published: 26/11/2007
FTBs struggle to find a mortgage
First time buyers (FTBs) are finding it more difficult to get an adverse credit mortgage but things may be about to pick up for them.Following the glo...
Published: 26/11/2007
Rental demand rises
Buy-to-let property investors are benefiting from huge demand for rented accommodation.That is according to the Association of Residential Lettings Ag...
Published: 26/11/2007
Economy slowdown to bring inflation back to target
Analysts are expecting a slowing economy to bring the UK's inflation rate back towards the government target of two per cent. A poll carried out by Re...
Published: 23/11/2007
Hips 'add to FTB affordability woes'
The introduction of home information packs (Hips) across the entire property market will make it more difficult for first-time buyers to get on the pr...
Published: 23/11/2007
Hips 'add to FTB affordability woes'
The introduction of home information packs (Hips) across the entire property market will make it more difficult for first-time buyers to get on the pr...
Published: 23/11/2007
Bank hints at another rate hold
The Bank of England has hinted that next month's monetary policy committee (MPC) meeting could see interest rates remain at 5.75 per cent.This month, ...
Published: 23/11/2007
Govt to speed up home building
The government has announced plans to speed up the delivery of new greener, affordable homes for first time buyers and families.It follows the publica...
Published: 22/11/2007
Market will benefit as Hips are expanded
From December 14th anyone wishing to sell a home in England and Wales will need to pay for a Home information pack (Hip).It has been announced today t...
Published: 22/11/2007
Base rate to be cut 3 times in new year
The base rate of interest will be cut at least three times in 2008, according to one expert.Global Insight economist Howard Archer believes that the B...
Published: 21/11/2007
FTBs priced out of the market
Many first time buyers (FTBs) are being priced out of the UK housing market, according to new research from Endsleigh.The firm has published a study w...
Published: 21/11/2007
Landlords still stand to make a profit
Serious buy-to-let property investors are still able to make money out of the market.That is according to the Building Societies' Association (BSA), w...
Published: 21/11/2007
CML: 'Mortgage lending up'
Gross mortgage lending increased in October, spelling good news for the mortgage market.The Council of Mortgage Lenders (CML) says that lending reache...
Published: 20/11/2007
FTBs forced to look elsewhere
First time buyers (FTBs) are being forced to consider going to great lengths in order to get onto the property ladder.Research by Abbey Mortgages show...
Published: 20/11/2007
Prices rise in October
Property prices continued to rise in October, according to the latest figures from Assetz.The firm has published its "definitive" House Pric...
Published: 20/11/2007
Affordability up for FTBs
Affordability for first time buyers (FTBs) has increased in November, according to the latest house price index.Rightmove has revealed that property p...
Published: 19/11/2007
It is a buyers market
The current UK housing market is geared towards first-time buyers (FTBs), according to Firstrung.The firm says that FTBs are in a strong position and ...
Published: 19/11/2007
Landlords unaware of digital responsibility
Less than a third of landlords are aware of the action they need to take as part of the digital television switch over.That is according to the Nation...
Published: 19/11/2007
Landlords warned over tenancy agreements
Buy-to-let property investors have been reminded that they must ensure a tenancy agreement is signed before tenants move into their property.AA Financ...
Published: 16/11/2007
More people moving at Christmas
Around 22 per cent of homebuyers get the keys to their new property in the 12 weeks leading to Christmas.That is according to new research from Allian...
Published: 16/11/2007
Scottish prices rise impressively
The Scottish housing market is booming, according to the latest figures.Lloyds TSB Scotland says that house prices across the country increased by 3.6...
Published: 16/11/2007
Ahipp wants full Hips rollout
The Association of Home Information Pack Providers (Ahipp) is calling upon the government to announce a full rollout of Home information packs (Hips)....
Published: 15/11/2007
Buyers better off than tenants
Homebuyers are better off financially than tenants over a 25-year period.That is according to new research by Abbey, which shows that the average home...
Published: 15/11/2007
FTBs to benefit from turmoil
First-time buyers (FTBs) are actually set to benefit from the recent turmoil in the financial markets.That is according to 1st Property Investment, wh...
Published: 15/11/2007
Inflation figure catches analysts off guard
Many economists have been shocked to learn that consumer prices index (CPI) annual inflation increased in October.The figure was recorded as 2.1 per c...
Published: 14/11/2007
Market will not crash
The Royal Institution of Chartered Surveyors (Rics) says that the UK housing market is slowing down but will not crash.It has published its housing ma...
Published: 14/11/2007
Mortgage lending rises annually
Gross lending increased annually in September, according to new figures from the Council of Mortgage Lenders (CML).According to the organisation, lend...
Published: 14/11/2007
Concern over Hips effect
There are concerns that Home information packs (Hips) could have a detrimental effect on the UK buy-to-let market.The Residential Landlords' Associati...
Published: 13/11/2007
House price inflation hits 0.3%
The Department of Communities and Local Government (DCLG) has revealed that UK house prices increased by 0.3 per cent in September.In the department's...
Published: 13/11/2007
Lender wants HMO licence overhaul
There are growing calls for a compete overhaul of the Houses in Multiple Occupancy (HMO) licensing scheme.Heritable Bank says that the current system ...
Published: 13/11/2007
Buyers turn to commuter towns
Homebuyers in the UK are increasingly buying properties in commuter towns just outside of London.That is according to the National Housing Federation ...
Published: 12/11/2007
Downsizing can help FTBs to buy
Parents are increasingly turning to the equity released when they downsize their property in order to help their children to buy a home.That is accord...
Published: 12/11/2007
Tax changes do not please FTBs
British homeowners and first time buyers (FTBs) are unhappy with the recent tax changes announced in the pre-budget report.That is according to a HotP...
Published: 12/11/2007
Landlords in London boost
Rising house prices in London are having a positive effect on buy-to-let property investors in the city.That is according to the National Landlords' A...
Published: 09/11/2007
Interest rates held at 5.75 per cent
The base rate of interest has been maintained for the fourth consecutive month.Members of the Bank of England's Monetary Policy Committee (MPC) met to...
Published: 08/11/2007
Prices down but market remains strong
House prices fell in October, spelling good news for first time buyers (FTBs).The Halifax House Price Index for October shows that prices fell by 0.5 ...
Published: 08/11/2007
Landlords have expansion plans
A large number of UK landlords intend to expand their portfolios in the next five years.That is according to the National Landlords' Association (NLA)...
Published: 07/11/2007
Borrowers missing out on large savings
Many mortgage borrowers in the UK are missing out on huge savings by failing to switch mortgage lender.That is according to new research from mform, w...
Published: 07/11/2007
Landlords could benefit from credit crunch
Buy-to-let property investors may see the biggest benefits from global credit crunch.That is according to Moneygate, which says that more people are h...
Published: 07/11/2007
New plan to help FTBs
A new scheme is being launched by the government in a bid to help first time buyers (FTBs) onto the property ladder.The Department of Communities and ...
Published: 05/11/2007
New builds do not inherently lose value
New build properties are no more likely to lose value than other types of house.The Home Builders Federation (HBF) says that new builds are capable of...
Published: 05/11/2007
MPC may cut rates in December
The Bank of England's Monetary Policy Committee (MPC) may announce a cut to the base rate of interest in December.That is according to Royal London As...
Published: 05/11/2007
FTBs not avoiding the market
First time buyers (FTBs) are continuing to enter the property market despite talk of a downturn.That is according to the Fair Investment Company (FIC)...
Published: 02/11/2007
Huge price growth in Armagh
Armagh is the UK city which has seen the strongest house price growth in the last five years.According to research by Halifax Estate Agents, the North...
Published: 02/11/2007
Property investment opportunities still good
Investing in UK property remains a "very viable option" as the market is supported by two key factors.That is according to Inside Track, whi...
Published: 01/11/2007
US crash will not happen in the UK
Homeowners in the UK will be spared a property price crash like the one seen in the US.Following the collapse of the sub-prime market in the States, t...
Published: 01/11/2007
Shop around for best mortgage deal
First time buyers (FTBs) are being advised to shop around for the best mortgage deal following the publication of research by Moneyfacts.The firm has ...
Published: 01/11/2007
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