Housefund Article Archive for August 2008
House price falls are not helping first time buyers
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.
Posted in 2008, Affordability, NHF, first time buyers on 31 August 2008 Stamp duty question marks cloud the house market
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.
Posted in 2008, NAEA, Stamp Duty on 30 August 2008 Alliance & Leicester cuts mortgage rates
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.
Posted in Mortgages, alliance and leicester on 30 August 2008 Savings paying for home improvements
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.
Posted in 2008, Halifax, Home Improvements on 30 August 2008 House prices fall by 10.5% in 12 months
House prices continued to fall during August, with Nationwide reporting that the total drop in house prices over the past year has been by 10.5% – the first annual double digit fall since 1990.
Posted in 2008, Affordability, Credit Crunch, House Prices, Nationwide on 28 August 2008 Lib Dems outline home crunch plans
The Liberal Democrats have set out proposals to help families who are unable to pay their mortgages and are facing the threat of homelessness due to the credit crunch.
Posted in Affordability, Credit Crunch, Liberal Democrats on 28 August 2008 Nationwide announces changes to mortgage range
Nationwide Building Society has announced changes to its mortgage product range, which will be effective from Thursday 28 August.
Posted in 2008, Mortgages, Nationwide on 28 August 2008
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