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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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Bank of Ireland’s Chief Economist, Dr. Dan McLaughlin has said he expects the Bank of England to announce a quarter point increase in official sterling rates, taking the Bank rate there to 5.5%. He also expects that the ECB is likely to leave rates unchanged at the moment and will signal a move in June.

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The Bank of England must raise interest rates to 5.75% by June in order to guard against inflation, the National Institute for Economic and Social Research (NIESR) has said.

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The spectre of Home Information Packs (Hips) is looming over the UK property market, but what will it really mean to buyers and sellers and how will it affect the farms and estates market? Alex Lawson Savills Director of Farm and Estates explores the legal framework.

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New guidance for London boroughs, planners, developers and designers on how to provide wheelchair accessible homes has been published by the Mayor of London, and is now open for public consultation.

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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.