According to Savills research, whilst this weeks interest rate cut may be good news for the economy and thereby provide some comfort for homeowners, the extent of the impact on the housing market could be limited.
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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The National Housing Federation has hailed the Government’s proposed mortgage rescue scheme as a way of saving thousands of households from the nightmare of repossession.
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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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The average house price in England will rise by 25 per cent over the next five years to reach £274,700, despite fears of a housing market crash – according to a new report published by the National Housing Federation.
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Rural housing in England is now so unaffordable that many villages are at risk of dying or becoming the preserve of the rich – according to new research, published the day before the launch of a major report into rural housing.
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The National Housing Federation has rejected proposals by the Liberal Democrats’ Treasury spokesman, Vince Cable, to shore up the construction industry – which would see housing associations buying up 150,000 unsaleable properties from private developers.
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The National Housing Federation has welcomed a new package of proposals, announced by the housing minister Caroline Flint, to kickstart affordable house building.
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Households at risk of repossession could be protected by a nationwide mortgage rescue scheme run by housing associations, under plans proposed by the National Housing Federation.
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New figures released by the National Housing Federation show that many households have chosen to go without power in the past 12 months because they could not afford to pay for their energy.
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The National Housing Federation has today welcomed the Government’s announcement of further legislation aimed at improving social housing - and measures to increase access to affordable housing.
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