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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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With two base rate increases already this summer and the expectation that we could be reaching the top of the interest rate cycle, Woolwich has launched a lifetime tracker with no application fees at just 0.17 per cent above base rate (current payment rate 5.92 per cent), its best ever rate for a fee free lifetime tracker.

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The Association of Home Information Pack Providers (AHIPP) has said that it’s ‘HIP Code’, which was first launched in 2006, has put paid to rumours of ‘loopholes’ in the current Home Information Pack (HIP) regulations.

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Northern Rock has updated its mortgage portfolio to flexibility to meet the broad range of borrower’s needs.

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The Conservatives have warned that Home Information Packs (HIPS) due to be launched on August 1, will provide a database for the revaluation of private homes, enabling local authorities to increase council tax bills.

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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.