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hike-in-interest-rates-will-cause-issues-with-some-borrowers

Higher Rates Will Cause Debt Problems

There is growing concern amongst many of the UK's borrowers that an increase in the UK base rates will cause debt problems particularly amongst first time buyers and

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buy-to-let-market-ticking-timebomb

Are we sitting on a buy to let timebomb?

Did you know that there are now two million private landlords across the UK?

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government-announces-planning-reforms-in-budget

 

George Osborne Announces Planning Relaxation To Build More Homes

The Chancellor of the exchequer has announced far reaching planning reforms in a bid to help developers get more new homes through the planning system.

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UK-interest-rates-likely-to-go-up-soon

 

Interest Rates Likely To Go Up Sooner

The Governor of the Bank of England has said in a speech last night that interest rates would be more likely to increase towards the end of this year because the economy ..

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mortgage-lending-hits-seven-year-high

 

Mortgage Lending Hits 7 Year High

Mortgage lending has reached a seven year high in June as the uncertainty of the general election was removed and confidence returned to the housing market.

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average-house-prices-now-exceed-2ook

 

House Prices Across UK Now Exceed £200k According To Halifax

According to the Halifax latest house price index the average price of a home across the UK has reached £200,000. The highest on record.

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inflation-continues-to-fall-to-5-year-low

 

UK inflation at 5 year low. Good news for low interest rates.

There was further good news today for the UK housing market as the Bank of England's monthly inflation report

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interest-rates-remain-at-low-levels

 

UK interest rates remain at historic low level

There was more good cheer for the housing market today as the Bank of England's monetary committee voted to keep interest rates at the current level of 0.5%.

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inheritance-tax-to-be-reformed

 

Inheritance Tax Reforms To Be Annunced

It looks as though the Chancellor George Osborne will use the budget tomorrow as an opportunity to reform the rules around inheritance tax. It is no secret that the Chancellor has been keen to change the so called hated tax which forces familes to pay 40% tax on estates woth more than £325,00

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interest-only-mortgages-making-a-comeback

 

Interest Only Mortgages Are Making A Comeback After 3 Years

The interest only mortgage is making a comeback after an absence of only 3 years. Interest only mortgages were all but taken out of the market three years ago as part of a slew of changes introduced to the mortgage market.

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buy-to-let-threat-to-housing-market

 

Bank Of England Says Buy To Let Is A Threat To Housing Market

The Bank Of England has issued a new warning today in it's Financial Stability Report by pointing out that the buy to let market is a threat to the financial stability of the UK economy.

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demands-for-tax-relief-to-be-scrapped

 

Demands To Scrap Tax Relief For Buy To Let Landlords Increase

There is growing demands for the government to scrap the tax relief that buy to let landlords are able to claim on mortgage interest. At the moment landlords are able to deduct mortgage from their profits as happens with most other businesses.

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buyers-moving-back-in-with-parents

 

Prospective Buyers Moving In With Parents

There is a growing number of homeowners that are moving back in with their parents so that they can save money to put towards a bigger deposit when they buy a property.

 

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uk-house-prices-massive-divide-north-south

 

 

House Prices Differ Considerably UK

The difference is what house costs across the UK has shifted considerably over the last 5 years according to new stats released today by the Office For National Statistics

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house-prices-to-rise-by-25%-over-next-5-years

 

House Prices Set To Rise Over Next 5 Years

The Royal Institute Of Chartered Surveyors has said that house prices could rise by 25% over the next 5 years in a new report issued over the last couple of days. The acute shortage of homes and the number of buyers looking is causing prices to rise

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buyers-forced-to-pay-asking-prices

 

House Hunters Forced To Pay Asking Prices

It is still a sellers market as many buyers are finding out. You may be able to sell your property easily enough but you will find it harder to purchase a property at a discounted price as buyers outnumber homes for sale.

ng-improves

 

Mortgage lending set to rise further

The mortgage market has continued to improve as conditions and competition drives up demand from borrowers according to finance experts. Mortgage approvals were also up and a pipeline of new business continues to improve.

 

first-time-buyers-to-drop-to-600,000-by-2021

 

UK Tenants Pay Highest Rents In Europe

A new report carried out by the National Housing Federation (NEF) show that tenants in the UK pay the highest rents than any other European country. The news doesn't make surprising reading considering that rents have risen astronomically over the last few years.

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first-time-buyers-to-drop-to-600,000-by-2021

 

First Time Buyers To Fall To 600,000 By 2021

A shocking new report issued by a housing charity has suggested that the number of first time buyers that will be able to buy a home could shrink by a further 50% if the current housing crisis continues. The report carried out by Shelter shows that over the last decad

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homeownership-a-dream-for-many-people

 

Owning A Home Is Now A Dream For Many People

With the ever increasing number of tenants across Britain many people face the prospect of never owning their own home as house prices increase to levels not seen before.

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tenant-evictions-at-six-year-high

 

Number Of Tenants Evicted Rises Across London

There has been a big increase in the number of families being evicted from council properties according to recent reports. County court bailiffs In England have said that there has been a rise in the number of families being evicted in the first quarter of 2015

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fewer-houses-on-market-for-six-years

 

Housing Market Sees Fewer Homes Available For Six Years

Further pressure has been put on house prices today as news filtered through that the the market has the lowest level of homes available to buy for six years. The data was compiled for the month of April and is already pushing up prices as buyers chase the same properties.

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new-homes-registrations-up-by-18%

 

Housebuilders Start To Build More Homes

The UK has seen a big increase in the number of new homes that are being built according to industry body NHBC (National House Builders Confederation). The number of new homes that have been registered has increased by 18% in the first quarter of 2015

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will-new-government-build-more-affordable-homes

 

Will Conservatives Build More Affordable Homes?

The Conservatives promised in their manifesto that they would provide another 275,000 new affordable homes and now that they have got a majority government we will all be watching closely to see if they can deliver.

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house-prices-rise-by-3k-in-april

 

House Prices Rocket By £3,000 In April Despite election

New data released by the Halifax has shown that house prices across the UK rose by £3,000 or 1.6%. This rise comes despite predictions of a slowdown due to the general election. Prices now look set to rise further

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new-developments-will-provide-new-schools-in-london

 

New Homes In London Come With On-Site Primary School

With the squeeze on school places particularly across London some developers are being forced to build new primary schools as part of their planning consents. Some of the UK's biggest developers such as Wimpy homes are large developments such as Nine Elms in Battersea that will feature a school which is on-site.

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estate-agents-are-charging-buyers-and-sellers

 

Details Of Criminal Landlords To Be Published On New Database

A new database is going to be set up with details of landlords that have been found guilty od an offence under the housing act 2004. This means that rogue landlords and landlords that have been found guilty of misbehavior and other bad practices will have their details published

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estate-agents-are-charging-buyers-and-sellers

 

Beware of estate agents double charging fees

Well it is a wheeze if you can get away with it but immoral as far as most of us are concerned but some estate agents have been getting away with charging buyers and sellers for the privilege of buying a home that is on their books.

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fracking-plans-affecting-house-prices

 

Controversial Fracking Plans Now Affecting Property Prices

Despite the boom in the UK property market across the sout-east of Britain there is trouble brewing for homeowners that are close to potential fracking sites. Reports from estate agents close to potential sites have already reported a lack of interest from buyers.

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buy-to-let

 

Private Landlords account for £1tn worth of property across Britain

Official figures show that in 2016 the number of households that will be living in rented accommodation will number 5 million. This sector has more than doubled since 2001. The private rented sector has increased dramatically over the last few years........

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londons-sees-rush-of-buyers-after-shock-election-victory-for-tories

 

London Property Market Predicted To Rise After Shock Conservative Victory

Buyers didn't even wait until the result of the general election to flood back into the London property market. As soon as the exit poll was announced there was panic amongst international buyers as they were guaranteed to have to pay more for a home in London.

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help-to-buy-helps-50,000-people

 

50,000 Buyers Use Help To Buy Since It's Introduction

The Conservative governments flagship policy the Help TO Buy Scheme" has helped over 50,000 buyers to get on the housing ladder according to figures just released by the Office For National Statistics.

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stamp-duty-collection

 

Halifax Reports House Prices Increase In April By 1.6%

The Halifax has said that house prices have risen across the UK by 1.6% in April 2015 pushing the average cost of home across the UK to £196,500. The rise also means that we are on course to see prices rise by 8.5% for the current year.

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Halifax-Reports-House-Prices-Increase -In- Apri

 

Halifax Reports House Prices Increase In April By 1.6%

The Halifax has said that house prices have risen across the UK by 1.6% in April 2015 pushing the average cost of home across the UK to £196,500. The rise also means that we are on course to see prices rise by 8.5% for the current year.

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luxury-london-market-prices-coming-down

 

UK property market breathes sigh of relief with Cameron government

The UK housing market has escaped an uncertain future with reelection of a conservative government. So much has been made recently of the reforms that Ed Milliband wanted to introduce to the detriment of the housing market that nearly all homeowners have been holding their breath.

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luxury-london-market-prices-coming-down

 

Top end of the London Housing Market See Sharp Price Falls

The top end of the housing market in London has seen some sharp falls over the last 6 months with some estate agents predicting further falls particularly in Luxury homes. Thgis time last year the high end property market in London was rising faster than anybody had predicted as wealthy international buyers were buying whatever they could get their hands on.

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buy-to-let-landlords-panicked-over-labour-government

 

Buy To Let Landlords Should Be Worried If Labour Elected

Housing experts have said that if elected a Labour government could wreak havoc on the buy to let market with new policies aimed at curbing rent increases and a raft of other policies that could cause real problems for Britains growing army of buy to let landlords.

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first-time-buyers-need to-earn 75k a year

 

First Time Buyers Need To Earn £75k To Buy A Flat In London

A new report to be issued by KPMG on Monday will show that a first time buyer in London needs to be earning at least £75k per annum if they want to buy a flat. The news will be greeted with incredulity as buyers across the capital come to the realisation that owning a home in the capital is simply no longer affordable. This highlights the disconnect between house prices in London and the rest of the UK.

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london-families-are-being-moved-out-of-london

 

50,000 Families Moved Out Of London As Benefit Cuts Bite

According to a report carried out by the independent newspaper more than 50,000 families have been quietly moved out of the capital because the government is unwilling to pay the high rents being charge in some London boroughs.

 

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-ed-milliband-labour-to-build-1m-new-homes

 

Ed Milliband Promises To Start Building More Homes

The Labour Party has now increased the number of new homes that it wants to build by 2020. This is an increase on the figure of building 200,000 new homes each year by 2020 that was announced earlier this year.

 

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uk-housing-policy-ed-milliband

 

Ed Milliband Will Stop Tenants Being Ripped Off

Ed Milliband has said that if the Labour Part were elected he would immediately set about changing the law and reforming the rentals market. In a recent interview on the Andrew Marr show the Labour Party leader said that he would make big changes to the way charges are levied by letting agents and would also introduce rent controls across the UK.

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third-of-buyers-rely-on-inheritance

 

Buyers Relying On Cash Gifts And Inheritance

More and more buyers are having to rely on the bank of mum and dad as well as other family members to scrape tpgether a deposit in order to buy a home. A recent survey by the housing charity Shelter showed that a third of buyers ages between 25 - 34 were being given cash gifts from their parents to buy a home.

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average-house-prices-pushed-up-to-new-levels

 

Parents Concerned That Their Children Will Not Be Able To Afford A Home

A recent survey carried out has suggested that 49% of parents believe their children will not be able to afford a home without inheritance from them. The survey carried out by YouGov said that just under half of their children would only be able to buy a home if they were given money by family or were fortunate enough to inherit.

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average-house-prices-pushed-up-to-new-levels

 

Property Market Enjoys A Spring Bounce In March

The housing market started to bounce back in March with an increase in house sales according to figures releases by the office for national statistics. The figures show that sales increased by 17% but was still well below the 114,000 homes that were sold in October 2014.

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average-house-prices-pushed-up-to-new-levels

 

Lack Of Sellers Pushing Up Prices Across Britain

Rightmove have released new data to show that house prices have reached a new height as the average price of a home across the UK reached a new high of £286,000. Rightmove which is the country's biggest property website

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mansion-tax-causes-problems-in-housing-market

 

Mansion Tax Threat Crippling Housing Market

According to estate agents there is a problem at the upper end of the property market. Fears of a council tax has caused sellers of expensive homes to pause and consider the implications of moving to more expensive home. The number of upmarket homes coming onto the market has dropped considerably because sellers are concerned that a Labour government would slap a mansion tax on homeowners with properties valued at over £2m.

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housing-associations-to-sue-over-new-rules

 

Housing Associations Will Go To Court Over Right To Buy

Housing associations across the UK have said that they will take the government to court over plans to sell off their housing stocks at a fraction of it's true value. They are furious at the recent pledge by David Cameron that if he is re-elected he will pass new laws forcing housing associations to sell their housing stocks with the same discounts as local councils have to offer their tenants.

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house-prices-going-up

 

Right To Buy Scheme To Be Extended

David Cameron has said that a future Conservative government would extend the tright of councul tenants to buy their own homes. The Prime Minister made the pledge as he launced the Conservative Party's Manifesto. Under the scheme up to 1.3 million council tenants could realise their dream of owning their own home at a discount according to the Prime Minister.

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house-prices-going-up

 

House Prices Increase By 2.6% in First Quarter of 2015

House prices have increased by 2.6% in the first quarter of 2015 according to figures just released by the Halifax. This brings the average cost of a home acrsss Britain to £193,000.

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mortgage-lending-jumps-in-march

 

Mortgage Lending Jumps In March

Despite the usual lull in the property market in a general election year it seems that buyers are still out in their droves. Figures released by the Council of Mortgage Lenders (CML) show that mortgage lending grew in March

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young-people-give-up-on-buying-a-home

Homeownership Beyond Reach For Many Tenants

Whilst rising house prices may seem like a good thing to homeowners there is a generation of buyers for whom homeownership is simply out of reach. Rising house prices and fewer a available homes for people to buy ave pushed prices to record levels.

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luxury-marker-in-london-taking-a-hit

Luxury Property Market Taking A Hit In London?

The property market is continuing to see prices fall. Unlike 2 years ago when there were twice as many buyers as there were homes available to buy the number of buyers has dired up and luxury homes at the top end of the market are being affected.

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housebuilding-shrinks-in-january

 

Construction Shrinks By 2.6% in January

There was an unexpected drop in construction in January compared to the previous month according to the Office For National Statistics. The decline in construction follows declines in other sectors such as manufactoring and is seen as a concern by economists who suggest that is could be part of a broader economic slowdown

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budget-2015-george-osborne

Budget 2015

The Chancellor George Osborne will deliver his speech today in the House Of Commons with the backdrop of what most will consider to have been a successful parliament. Having inherited a complete mess the Chancellor can lay claim to improving the UK's economic outlook.

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Granlords To Enter The Property Market In April

There will be a new breed of buy entering the propery market in April. So called granlords (retirees now able to spend their pension pots on whateber they want) are already registering with estate agents and will be competing directly with first time buyers and other buy to let landlords.

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london-house-prices-coming-down

London House Prices Continue To Fall According To RICS

New data just released by the Royal Instituite Of Chartered Surveyors (RICS) suggests that the reversal in house prices in London is continuing as buyers shun high prices and look to buy further out. Surveyors in London said that property prices had fallen for the three months to February and look as though they could fall further as sellers struggled to sell their homes.

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buy-to-let-crowd-funding

Buy to let crowd funding how it works

It has become harder to get a mortgage on a house over the last couple of years as banks and building societies have been forced by the Bank of England to tighten up their lending policies.

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thousands-takingg-out-equity-release-schemes

House Prices Increase By £5,000 In February

The property market is getting back into gear again with the usual stories of house price increases because of the chronic lack of available properties to buy. Prices jumped by £5,000 in February according to Right move bringing the average house price across Britain to £279,000. According to experts there is now the real possibility that the spike in prices could become normal at this time of year as the chronic shortage of available properties looks set to continue. In other words this could be the new norm.

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thousands-takingg-out-equity-release-schemes

 

Pensioners Will Be Competing With First Time Buyers

First time buyers will be put under further pressure next month as pensioners look to take advantage of the reforms introduced by the Chancellor last year. There is already stiff competition amongst buyers because there simply isn't enough housing stock to go around but this looks set to become worse because there will be a big influx of pensioners looking to buy to let.

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thousands-takingg-out-equity-release-schemes

 

Thousand Of Over-55's Use Equity Release In 2014

It would appear that equity release has finally hit the mainstream across Britain as more pensioners and older people look to release equity from their homes without having the usual monthly mortgage payments that are associated with a loan secured against your home. It is a very useful way for homeowners to raise much needed cash to pay for day to day living and pay down debts.

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detached-homes-making-comeback

 

Demand for detached homes making a comeback

According to some property experts the failure to replace the "Help to Buy" scheme with something similar could bring the property market to a halt and possibly put the first time buyer market back into decline. The scheme is scheduled to run until 2020

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eric-pickles

 

Unused Public Land Is Sold Off By Government

According to some property experts the failure to replace the "Help to Buy" scheme with something similar could bring the property market to a halt and possibly put the first time buyer market back into decline. The scheme is scheduled to run until 2020

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when-will-interest-rates-go-up?

 

Will Interest Rates Change In 2015?

There was much speculation in 2014 with regards to interest rates going up. The experts said that they would likely go up in the spring to summer of 2015 and some believed that it would be the summer of 2015.

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housing-affordability-top-of-councils-agenda

 

Housing Affordability Of Concern To Most Councils

Top of the list for most councils across Britain is the pressing issue of housing costs. The cost of housing across Britain is now at levels not seen before and is likely to be pushed higher. All waiting lists for housing across Britain have grown dramatically over the last couple of years as the government has introduced the bedroom tax and reduced the amount of housing benefit that is paid out.

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fixed-rate-loans-

 

Remortgages At Increased Levels As Fixed Rates Improve

There appears to be a rush of homeowners looking to switch mortgages to get a better deal as fixed rate loans approach record levels with Nationwide offering a 10 year fixed rate at 2.9%. January saw a huge number of homeowners looking to switch to fixed rates as they looked to save thousand of pounds off of their annual mortgage payments.

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first-time-buyers-help-to-buy

 

Help To Buy Needs To Be Replaced According To Experts

According to some property experts the failure to replace the "Help to Buy" scheme with something similar could bring the property market to a halt and possibly put the first time buyer market back into decline. The scheme is scheduled to run until 2020

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200,000-new-homes-to-be-built

 

200,000 New Homes To Be Built For First Time Buyers

David Cameron has announced that he will double the amount of new homes built ounder the starter homes initiative that was announced last month. He has said that he increase the number of discounted homes if his government is re-elected in May. The government announced last year that they were going to build 100,000 starter homes last year

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52% of people think house price increases will continue

52%-of-people-believe-prices-may-not-increase-further

The number of Britons who belive that house prices will continue to rise appears to be on the wane according to a recent poll carried out by the Halifax. Overall 52% of those who took part in the poll believed that prices would continue to rise with only 8%

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First Time Buyers To Get Discounted Starter Homes

new-homes-for-first-time-buyers

The government has announced plans to build 20,000 new homes every year that will be discounted for first time buyers under the age of 40. The scheme is seen as another sweetener just before the election. The government hopes that 100,000 new homes will be built over the next 5 years under the scheme........

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London's Tenants March On London Over Housing Costs

tenants-march-for-homes

Around 2,000 Londoners marched on City Hall today over the rising cost and lack of affordable housing across the Capital. As the lack of social housing because more acute and Londoners are forced out of the capital tenants see now as a good time to raise awareness on the problem as we head towards the general election

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Gazundering predicted to return

gazundering-may-return-to-property-market

The number of households moving out from London has significantly increased over the past 12 months and is mainly attributed to the high property prices in London. Homeowners are cashing in on the high prices of small flats in London

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Ed Milliband Wants To Introduce Rent Controls

ed-milliband-wants-rent-controls

It is clear that the state of the letting's market has not been lost on the Labour Party leader who has said that if his party were elected he would change the way the private letting's market operates.

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First time buyers paying 9 times their salaries for a home in London

first-time-buyers-spending-9-times-salary-on-first-property

The Nationwide has released a report to suggest that first time buyers are now having to spend record sums of money to buy a home in the capital. Buyers are now having to pay up to 9 times their annual income to get on the housing ladder

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326,000 first time buyers purchased a home last year

halifax-announces-rise-in-first-time-buyers

The Halifax has today released a report to suggest that first time buyers managed to buy a home in record numbers and is the highest level since 2007 and the financial crisis of 2008. Despite rising house prices and some difficultly in the mortgage market towards the end of last year the number of first time buyers topped 325,000 and will be welcomed by the government and the Bank of England.

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Demand for longer term mortgages doubles

demand-for-longer-term-loans-increases

Recent data released by the Council Of Mortgage Lenders show that there has been an increase in the number of buyers taking out longer term mortgages. Traditionally the term a loan was taken out for was 25 years but there appears to be a shift to upwards of 25 years as buyers opt for longr the longer period for affordability reasons.

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Londoners moving out in their droves

londoners-moving-out-to-suburbs

The number of households moving out from London has significantly increased over the past 12 months and is mainly attributed to the high property prices in London.

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Housing market outlook for 2015

 

for-sale-boards

The property market was fed a diet of mixed news last year with the conflictes in the middle east, a possoble break of the United Kingdom and talk of the first interest rate increases in six years.

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Mortgage approvals down by 20% in November

 

mortgages-approvals-graph

The number of mortgages approved has dropped this November compared to the same time last year. The number of new loans approved in November 2014 stood at 36,000 with the amount of money being lent at £6billion for property purchases.

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Repossessions could increase in 2015

repossessions-could-increase-in-2015

According to data released by the Council of Mortgage Lenders (CML) there could be a slightly higher number of properties that are repossessed in 2015. The figure is set to increase from 21,000 in 2014 to 22,000 in 2015. The number of homeowners that are in arrears with their mortgages is at it lowest level since 2006 and now stands at just 2.5% of all mortgages.

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London's homes are being bought up by foreign buyers

london-property-market

Recent reports in the national newspapers have shown that much of London's new developments are already owned by foreign property companies. These companies have already purchased the sites where tens of thousands of the capitals new homes will be built and are treating these homes as safe deposit boxes....

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Large Number of Britains Tenants Struggling

tenants-struggling-to-pay-rent

A recent survey carried out by the National Housing Federation has revealed a worrying statistic concerning the plight of many of the UK's tenants. Figures show that due to the high cost of living and high rents 31% of tenants have had difficulty buying food in order to pay their rent.

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Property market boom fizzles out towards end of 2014

gaverage-house-price-growth

As already meantioned in out previous posts the boom has certainly fizzled out of the property market over the last couple of months. Just as well I can hear you say as the market was seriously overheating and was heading for a burn out.

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Third of properties on Zoopla reduce asking prices

house-prices-on-zoopla-have-been-reduced

Zoopla have released figures to suggest that around a third of the homeowners on their website have had to reduce their asking prices. This will come as a surprise even though we know there has been a bit of a lull in the market over the last couple of months as the market ran out of steam

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Mortgage lending continues to fall in October

mortgage-lending-falls-in-october

Data released by the Bank of England (BOE) show that mortgage lending is continuing to fall and are now at levels of 12 months ago. Just under 60,000 new mortgages were approved in October which is the lowest seen since June 2013.

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Number of tenants buying their council homes leaps

right-to-buy-council-houses

There have been calls for the government to reform the right-to-buy scheme that was introduced by Margaret Thatcher back in the 1980's. The call for changes comes as figures show that the number of council homes sold to tenants was up by a third in the second quarter of this year compared to the some period in 2013.

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Government announces new starter home incentive

government-announces-new-starter-homes-incentives

The government has confirmed that it will be introducing a new incentive scheme to help first tie buyers purchase their first starter homes. The scheme is set to be be introduced in January and is will be paid for by a change in the planning system

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Bank Of England publishes stress test report

bank-of-england-stress-test

A report published by the Bank of England has suggested that an extra 300,000 will struggle with their mortgage payments if interest rates were to rise suddenly. They have said that these families would become vulnerable even though household debt levels were nearly at long term averages.

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Islington council to punish "buy to leave" investors

buy-to-leave-investors

Watch out if you are a landlord in Islington that has purchased a buy to let property that has not been occupied. Many international investors have purchased homes across the London vorough of Islington with a view to keeping the properties empty and not letting them out.

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Will stamp duty changes push up house prices?

stamp-duty-changes-push-up-prices

According to estate agents there has already been a positive reaction to the changes in the stamp duty costs. Agents have reported that buyers have already been on the phone puting the stamp duty savings into higher priced homes.

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George Osborne announces stamp duty changes

George-Osborne-announces-stamp- duty-changes

The Chancellor of the Exchequer announced yesterday in his Autum Statement a radical shake up of stamp duty land tax. The news has been welcomed by nearly all new homowners, 98% of which will benefit from the new regime.

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New garden city to be built in Bicester

 

new-garden-city-in-bicester

The government announced today that another garden city will be built in Bicester. The announcement is the second garden city to be presented to the public by the coalition government.

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Snap up bargain in the property market

property-market-snap-up-a-bargain

Whilst the market has seen some falls in recent weeks now may be a time to snap up a bargain before the spring market returns. Judging by recent comments by the Bank of England it seems unlikely that interest rates will be going up until the latter part of next year

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