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houseline61In 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.

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newsnow


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).

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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.

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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.

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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).

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House Prices

Irish asking prices down by 15%
[2 Jul 2009|No Comment]

Average asking prices for Irish houses fell by 14.66% in the 12 months to June 2009, according to new research by myHome.ie.

Mortgages

Average 5 year mortgage hits 6.00%
[30 Jun 2009|No Comment]

The rising cost of fixed rate mortgages continues as the average five year fixed rate mortgage hits 6.00%, the highest level since 22 December 2008.

Affordability

Five things that the Housing Minister must do to assist the market.
[4 Jul 2009|No Comment]

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.

Lettings

Could your home be a holiday goldmine?
[1 Jul 2009|No Comment]

As people increasingly look for new ways to boost their income, many British homeowners could be sitting on a mini-goldmine this summer, says Email4property.co.uk, with properties throughout the country now offering excellent potential for short-term holiday lets.