Posts Tagged ‘homes’
Time to switch off foreign investment in the UK housing market?
This story has understandably slipped under the radar in the light of the terrorist attacks in Paris. http://www.bbc.co.uk/news/business-34806370 The government has sold off £13bn of former Northern Rock mortgages that taxpayers acquired during the financial crisis. It’s one of the final pieces of the jigsaw from the bailout of the failing banks during the credit…
Read MoreSupply of New Homes increases
A Housing statistical release yesterday from the The Department of Communities and Local Goverment gave figures on net supply of housing for 2014-15. Annual housing supply in England amounted to 170,690 net additional dwellings in 2014-15, a 25% in net additional dwellings from 2013-14. The 170,690 net additions figure for 2014-15 comprised 155,080 new build…
Read MoreThe “Buying Your Home” Checklist.
Buying a home can be one of the biggest commitments that you will ever make and also the most expensive. You need to make sure you get everything right. If you have bought a home before you will be familiar with the process and what’s needed to successfully buy a home. But if you’re new…
Read MoreMaximise your selling potential during winter.
People seem to think that selling your home in the winter is a lot harder than it is in the summer. But there are actually a number of advantages to selling your home in the colder months. Take a look at our tips below and to see how you can maximise your selling potential. Ice…
Read MoreGovernment 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…
Read MoreGreen Light for RTB extension to housing associations.
So the Governement has achieved what it set out to do in it’s pre election manifesto, with the Right-To-Buy (RTB) now to be extended to Housing Association tenants without the need to change or pass new laws, there will now be no battle in the House of Commons or for that matter the House of…
Read MoreLord Sugar critical of Jeremy Corbyn
Lord Sugar, speaking to the Evening Standard reportedly said he fears that Jeremy Corbyn the Labour Leader could severely damage London’s housing market if he ever gets into Downing Street. He was actually quoted as saying “He and his policies would be the thing that shuts the whole thing down and that if Corbyn were…
Read MoreHousing Associations until Friday to vote
Housing association tenants will be able to buy their homes under the Right to Buy scheme if a government deal is approved this Friday. Just last week at the National Housing Federation’s Annual Conference, David Orr, the chief executive sought the consent of members to put forward a voluntary offer to the government on Right…
Read MoreSteep fall in new home starts
According to figures from the National Housing Federation (NHF) fewer than 460,000 homes were built between 2011 and 2014, the government expects to build 1m new homes by the end of this parliament, this is in response to the urgent need for housing, Brandon Lewis Housing Minister reportedly told the BBC’s Inside Out programme the…
Read More£20bn mortgage lending in August
According to the Council of Mortgage Lenders (CML) they reported £20bn of mortgage deals went through in August, this was slightly down on July’s lending total of £21.7 billion, but 12 per cent higher than August last year, when loans totalling £17.8 billion went through. A mortgage price war between lenders, with many slashing the…
Read MoreCala Group reports soaring profits.
Cala Group house builders have announced announced a near-doubling of pre-tax profits to a record £50.9million for the year to June 30, the group who target the relatively affluent areas of the UK saw revenue soar by 79% to £511.6million, the company reaped the rewards of the first full year of a new strategy to…
Read MoreYou know you’re an estate agent when…
Estate Agents receive a lot of stick and much of it unfairly (no, really). After all, they’re the people who risk life and limb to tread into the unknown; enduring fierce animals, strange smells and, in some cases, even stranger vendors. It’s not always an easy job, but each hurdle (or odour) serves as a…
Read MoreBetter returns with HMO buy-to-let
When it comes to calculating the return on a BTL investment, the HMO buy-to-let far outweighs that of the standard buy-to-let, analysis from Platinum Property Partners suggests that even if the interest rate were to increase by 3% a HMO investment would still be profitable. Steve Bolton, Chairman of Platinum Property Partners, reportedly said: “Not…
Read MoreJuly market trend data.
Land Registry’s monthly Market Trend Data for residential property prices in England and Wales releases the figures for July, data shows an annual price increase of 4.6 per cent which takes the average property value in England and Wales to £183,861. Monthly house prices up 1.7 per cent since June 2015. The regional data indicates…
Read MoreHomes for a pound
It was a few months back that we reported on the “House for a pound” scheme launched by Liverpool City Council, well now we can report that latest figures reveal that more than 2,500 people have applied, would-be buyers had until July 31 to apply, by the closing date 2,560 applications had been received. The…
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