Housefund Article Archive for December 2005

 Irish house prices up 5.4pc

Irish house price growth has risen at more than twice the rate in the five months to November at 5.4pc.
The latest permanent tsb/ESRI House price index reports that the price increase is up compared to the first half of 2005, when price growth was at 2.6pc.

Posted in News on 22 December 2005

 Mortgage lending second highest

Gross mortgage lending rose by 5pc to an estimated £28.5 billion in November according to the Council of Mortgage Lenders.
This was the second highest monthly lending figure on record, 1pc lower than the £28.9 billion of lending in July 2004, and 30pc more than the £21.7 billion of lending last November.

Posted in News on 22 December 2005

 House prices set to grow

House prices have risen for the first time in over a year during the three months to November reports the Royal Institution of Chartered Surveyors.
RICS said that the three months to November saw 4pc more chartered surveyors reporting rises in prices rather than falls. This is a marked improvement when compared to October?s figures, when [...]

Posted in News on 20 December 2005

 Ulster Bank predicts one more rate cut

Ulster Bank has reported in it’s “2006 Focus Report”, of a 0.25pc cut in UK interest rates.

Posted in News on 19 December 2005

 Has time run out for the humble chimney?

Times are looking tough for Santa Claus, RICS – The Royal Insitute of Chartered Surveyors has called time on chimneys.
According to RICS, chimneys are an endangered species, with new homes not featuring one and many older homes not maintaining or restoring their existing ones.

Posted in News on 18 December 2005

 4pc growth expected for 2006

The Royal Institution of Chartered Surveyors has said that it expects a rise in UK house prices of 4pc in 2006 and a further 4pc in 2007.
The predictions should be considered as RICS had accurately predicted an expected upturn of 3pc for 2005.

Posted in News on 17 December 2005

 energywatch fears more price pain for consumers

energywatch has repeated its call for action from the energy industry, Government and consumers to take the sting out of the pain of energy price rises. The call comes as Centrica warns of further price increases in 2006.
Consumers already face a double whammy in January when Npower and Scottish and Southern Energy price increases take [...]

Posted in News on 16 December 2005