The number of new mortgages being approved for home purchase has fallen again for another month.
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First time buyers are preparing to enter the new homes market with confidence, reports SmartNewHomes.com, which has revealed high perceptions of affordability, and large numbers willing to go it alone in pursuit of their first home purchase, in spite of growing negativity in the financial markets.
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More than three million homeowners (3.25 million) are looking to move house over the next 12 months, despite changes in the housing market, according to new Moving Improving research from Alliance & Leicester.
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Commenting on the announcement by Nicola Sturgeon, Scottish Deputy First Minister of a new drive for sustainable communities, Kennedy Foster, CML Scotland policy consultant said:
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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.
