Member of the National Association of Estate Agents (NAEA) have reported that the current market is levelling out; however there are still signs of uncertainty.
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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From 1 October this year tenants in England must be provided with specific details about their rights and obligations with any demand for payment of a service or administration charge the Government has said.
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Nearly 20% of homeowners have said they would be tempted to put their house up for sale to test the market if they found that their neighbour’s property was getting a good price - even if they hadn’t previously thought about selling, according to a survey by the National Association of Estate Agents (NAEA).
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The Taoiseach Bertie Ahern has said he believes confusion over what will happen to stamp duty following the Irish election is contributing to a slowdown in the housing market.
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Market research organisation Mintel has said that the number of buy-to-let home owners may double in the next three years.
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Mike Ockenden Director General for the Association of Home Information Pack Providers (AHIPP) has blasted the latest Tory opposition to HIPs as feeble and desperate.
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In the face of increasing SWAP rates which are pushing fixed rate mortgage deals higher Woolwich has chosen to simplify its range which has allowed it in some cases to actually reduce the rates on its fixed rate deals.
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