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houseline61In June, the UK property industry received its fourth Housing Minister since the start of 2008 - the ninth person to hold the position in twelve years of Labour Government.

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newsnow


The number of new mortgages approved by lenders has grown to its highest level since June 2004.

The figures from the Bank of England deal with approvals only and not actual mortgages lent to customers.

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Figures from the ERSI and Permanent TSB in Ireland report that house prices for first-time buyers are rising at almost twice the rate being experienced by second-time buyers.

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Mortgage repossession orders during the past three months in England and Wales were up 66% to 19,687.

That figure is up when compared with 11,862 repossession orders a year ago.

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Property leaders and interested groups in the UK are investigating the establishment of a single, national ‘property ombudsman’ to deal with consumer complaints.

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House Prices

Irish asking prices down by 15%
[2 Jul 2009|No Comment]

Average asking prices for Irish houses fell by 14.66% in the 12 months to June 2009, according to new research by myHome.ie.

Mortgages

Average 5 year mortgage hits 6.00%
[30 Jun 2009|No Comment]

The rising cost of fixed rate mortgages continues as the average five year fixed rate mortgage hits 6.00%, the highest level since 22 December 2008.

Affordability

Five things that the Housing Minister must do to assist the market.
[4 Jul 2009|No Comment]

In June, the UK property industry received its fourth Housing Minister since the start of 2008 - the ninth person to hold the position in twelve years of Labour Government.

Lettings

Could your home be a holiday goldmine?
[1 Jul 2009|No Comment]

As people increasingly look for new ways to boost their income, many British homeowners could be sitting on a mini-goldmine this summer, says Email4property.co.uk, with properties throughout the country now offering excellent potential for short-term holiday lets.