Housefund Article Archive for September 2008
Buy to Let Landlords Calm in the Face of Storm
One third of landlords will not sell their investments because of falling house prices according to latest data from the Association of Residential Letting Agents (ARLA).
Posted in ARLA, Landlords on 30 September 2008 Continued housing market uncertainly keeps mortgage approvals low
Continued uncertainty in the housing market saw net approvals by building societies in August remain low at £2.8 billion, a 31% decline compared to August 2007 as buyers continue to remain away from the market.
Posted in Affordability, House Prices on 30 September 2008 Call for action on rural housing
Nearly 700,000 people are now stuck on waiting lists for an affordable home in rural England – the National Housing Federation and Campaign to Protect Rural England has warned.
Posted in Affordability, NHF on 30 September 2008 Gap between asking and selling prices widens
Across the UK, houses are selling at an average of nine percent below the asking price with sellers in some regions being forced to accept as much as 12.5 percent discount off their advertised price according to the Royal Institute of Chartered Surveyors (RICS).
Posted in 2008, House Prices, RICS on 30 September 2008 Stamp Duty indecision takes hold on the market
Members of the National Association of Estate Agents (NAEA) reported last month that the housing market was clearly faltering under the strain of the Government’s indecision over stamp duty combined with the usual holiday slowdown and the current overcast economy.
Posted in 2008, House Prices, NAEA, Stamp Duty on 30 September 2008 CML comments on Bank of England mortgage data
Commenting on the Bank of England mortgage lending statistics, Council of Mortgage Lenders director general Michael Coogan said:
Posted in 2008, Bank Of England, cml on 29 September 2008 Mortgage lending falls to a new low
UK Mortgage lending plunged by 95% in August compared with the month before, according to new figures from the Bank of England.
Posted in 2008, Bank Of England on 29 September 2008
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