Changing face of Britains homeowners
The housing ladder once seemed straight forward. You leave home, buy your first home and then progressively move up the housing ladder, before perhaps trading down in retirement. However, research from the Council of Mortgage Lenders has revealed that today, things are a bit more ‘fuzzier’.
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£1bn funding for Housing Market Renewal Programme unveiled
The Government has announced the regional distribution of more than £1bn to revitalise the housing market in key areas and restore stable communities.
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House prices go down – but don’t be gloomy
House prices fell by 0.5% in February, the fourth consecutive monthly decline says Nationwide.
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Euro rates expected to fall by 0.5pcMortgage holders could see interest rates cut by 0.5% before the end of the year, according to the chief executive of Irish Life & Permanent, Denis Casey.
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New homes to get green ratings
The Government’s drive towards zero carbon housing has taken a major step forward with the announcement that all new homes are to be rated on their green credentials from May 1st.
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Landlords support OFT action
The National Landlords Association (NLA), which represents almost 14,000 landlords, has welcomed the decision by the Office of Fair Trading to issue High Court proceedings against a major High Street letting agent.
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Parents still paying out for kids home dreams
Adult children are ‘sapping’ their parents’ savings and investments at an increasing rate of knots, as Scottish Widows reveals the position has got even worse over the past year.
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House prices fell by 0.9% in August, the second consecutive month where a fall has occurred leaving the average house price at £166,507, Nationwide has said.
Lloyds TSB has introduced a new, market leading fixed rate mortgage at 2.94%, the product is available both for house purchase and remortgage for borrowers with a deposit of at least 30%.
Confidence among landlords has dipped for the first time in almost two years, driven by uncertainties including housing benefits and tax changes announced in the emergency budget, according to the latest NLA Landlords’ Optimism Index.
Confidence among landlords has dipped for the first time in almost two years, driven by uncertainties including housing benefits and tax changes announced in the emergency budget, according to the latest NLA Landlords’ Optimism Index.
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