Breaking News
Home buyers website launched by government
The Government has lauched a website to help hard working people who are looking to own their own home: The new website brings home ownership schemes together including Right to Buy, Help to Buy and the Help to Buy: ISA available from 1 December. According to the British Social Attitudes Survey, 86% of people have…
Allen Walkey
Rightmove HPI October 2015
Rightmove October HPI highlights that First-time buyer prices surge nearly 10% in a year. Highest ever national average price of property coming to market, up by 0.6% (+£1,715) this month to £296,549- and 5.6% more expensive than a year ago. New record fuelled by high demand for first-time-buyer properties, with prices up 4.9% on last…
Allen Walkey
Council makes an unexpected decision
If you felt you were paying too much council tax and made a genuine complaint, then you would definately not expect to make life more expensive for all your neighbours by doing so, well that is just what happened. According to a story reported this week a certain resident living in Lynton Avenue in Hull…
Allen Walkey
Pledge to build 50,000 affordable homes.
Scotland’s first minister Nicola Sturgeon announced at the opening of the SNP’s conference in Aberdeen on thursday that they would embark on a £3 billion programme to build 50,000 new affordable homes in Scotland if the SNP were to win the election next May, she reportedly highlighted the governments housing achievements by saying “We have…
Allen Walkey
Houses.co.uk domain for sale.
Just two years after the launch of Houses.co.uk the domain name is now up for sale, that is according to a recent blog on the Sellingup.com website, ‘an independent guide to how to sell your property for the maximum profit with the minimum stress’. The domain name of www.finelocation.com and www.finelocation.co.uk are also for sale…
Allen Walkey
August house purchase lending….
According to the Council of Mortgage Lenders August house purchase lending was down 9% on July, but up 2% on last year. First-time buyers, home movers, home-owner remortgage and buy-to-let all saw a monthly decline in lending in August but an uptick (significant for buy-to-let) compared to August 2014. This is a normal seasonal trend,…
Allen Walkey
(ONS) House Price Index for August 2015
Office for National Statistics (ONS) House Price Index August 2015, released 13th October 2015. UK house prices increased by 5.2% in the year to August 2015, unchanged from 5.2% in the year to July 2015. House price annual inflation was 5.6% in England, 0.8% in Wales, 2.9% in Northern Ireland and -0.9% in Scotland. Annual…
Allen Walkey
More finger pointing…
It was only recently that SNP business spokewoman Michelle Thomson was suspended from the party after it emerged that police were investigating allegations that her property dealings potentially involved mortgage fraud, she reportedly said that she was looking forward to being cleared of any wrong doing and pledged to co-operate with the Police Scotland probe….
Allen Walkey
Property Ombudsman guidance notes……
13th OCTOBER 2015 | Press Release The Property Ombudsman issues guidance note to agents on compliance with competition law The Property Ombudsman (TPO) scheme has issued a supplementary membership guidance note to help agents understand their obligations under the revised Codes of Practice and ensure compliance with the Competition Act. The revised codes,…
Allen Walkey
Government ambition of one million homes by 2020
According to Department for Communities and Local Government press release of 12th October. Councils must produce local plans for new homes in their area by 2017 – or the government will ensure, in consultation with local people, those plans are produced for them. Landmark Housing and Planning Bill will help deliver government ambition of one…
Allen Walkey
Renters move out of town to buy.
According to research by Countrywide plc, the UK’s largest property services group, renters who bought a home in the last year, did so in locations where the average house price was £35,000 lower than where they were renting, this was £93,000 lower for London renters. As house prices rise faster than rents, an increasing number…
Allen Walkey
A passport check at the “doorstep”.
It may appear a bit OTT to have to show a passport to obtain accommodation but that is what may happen if the immigration bill becomes law after it is debated tomorrow 13th October, it would make letting to illegal immigrants a criminal offence. The aim of the bill is to put better controls in…
Allen Walkey
Effect of buy-to-let on UK financial stability
According to the Bank of England in a recent report by their financial policy committee, the UK’s buy-to-let market is posing a threat to the country’s financial stability. Any wobbles in the housing market could be exagerated due to the nature of that market, the effects of a housing crash could be made much worse….
Allen Walkey
LSL House Price Index September 2015
House Price Index for England and Wales for September 2015 released by LSL Property Services/Acadata Strongest September for home sales since 2007, driven by activity in the north as supply squeeze stalls sales in the south. There is a southern resurgence in price growth, with the South East seeing strongest year-on-year riseof any region. London…
Allen Walkey
Can’t pay? we’ll take it away
I expect some of our readers will have watched the TV program “Can’t pay, we’ll take it away”, it is on Channel 5 on a wednesday evening, it follows people on the sharp end of bad debt – and those whose job it is to get the money back. In the program this last wednesday…
Allen Walkey