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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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The pensions crisis is boosting interest in the buy-to-let market with investors opting to put their money into homes.
The Royal Institution of Chartered Surveyors has said that many landlords are viewing their rental properties as being a significant part of their pension plan.

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The latest Hometrack survey of the national housing market shows average house prices unchanged over the month of November.

It is the first time in 16 months that the survey of 7,500 agents across over 2,200 postcode districts has recorded anything other than a fall in average prices.

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Halifax has found that council tax bills have risen faster than average in areas with the most pensioners.

Since 1993/94, the average council tax bill per dwelling for all households in the 20 English Local Authorities (LAs) with the highest proportion of pensioners has increased by 149%, compared with a 121% rise in the overall average bill over this period. Chichester recorded the fastest increase, up 173% from £456 to £1,244.

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A lack of land and planning laws are causing rural social housing shortages and increased homelessness.

The National Housing Federation has told the government’s Affordable Rural Housing Commission that the rural situation has now become critical.

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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.