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.
The Bank of England mortgage approvals data shows a less dramatic slowdown in mortgage approvals than preliminary surveys had suggested, the CML has said.
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The Prime Minister and Housing Minister Yvette Cooper have published the Thames Gateway Delivery Plan, setting out for the first time how cross-Government investment of more than £9 billion will be spent to deliver Europe’s largest regeneration project.
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UK House prices fell at their biggest level for 12 years during November, Nationwide has said.
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Stroud & Swindon, the UK’s 14th largest building society, has announced a further development in its Mobile Mortgage Service in the shape of four new branded Mini Coopers.
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One of the key recommendations of today’s Callcutt Review of house building is being taken forward immediately by the UK Green Building Council, Housing Minister Yvette Cooper has announced.
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House prices fell for the second month in a row over November with average values falling by 0.2% - this follows a 0.1% fall in October. The year on year rate of growth has fallen back to +3.6% which represents the lowest rate of growth since July 2006.
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The Bank of England has reported that the number of mortgage approvals has fallen to its lowest level for nearly three years.
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Weaker market sentiment, stretched affordability levels and changes in the lending sector are set to result in a pronounced slowdown in the rate of house price inflation and mortgage lending over 2008.
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London house prices experienced a greater fall than any other region in October, according to the latest monthly figures from Land Registry.
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Rented properties will need Energy Performance Certificates from October next year, but many landlords are ahead of the game and already offer key energy savings measures in the properties they let to tenants, says the National Landlords Association.
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