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.
Properties remain over-priced and unaffordable for the vast majority of first-time buyers – despite a 10.5% fall in house prices over the last 12 months, the National Housing Federation has warned.
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A second survey of members conducted by the National Association of Estate Agents (NAEA), the residential sales arm of the National Federation of Property Professionals (NFOPP), regarding the indecision caused by a possible Government Stamp Duty holiday announcement, shows that the crisis is still playing out in the housing market.
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Alliance & Leicester’s Mortgage deals have been re-priced and rates are being reduced on all but one of its mortgage products, which remains unchanged.
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New research from Halifax shows that four fifths (80%) of people who carried out home improvements in the past year financed their work either partly or entirely through their own savings.
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