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News related to uk

Little movement in mortgage lending in UK last month, according to BBA figures
2013-05-24 14:04:22 [Europe]
Gross mortgage lending in the UK remained unchanged last month with the latest figures from the British Banker’s Associations showing little movement in activity.Read full article: [Little movement in mortgage lending in UK last month, according to BBA figures]
 
Gardens and roof terraces add premium to most sought after properties
2013-05-22 13:50:55 [Europe]

Gardens and roof terraces can boost the value of a property by as much as 30% or more in some cases, especially in sought after areas of London, research suggests.
Read full article: [Gardens and roof terraces add premium to most sought after properties]
 
Warning for landlords and investors over size of contingency fund needed for buy to let
2013-05-22 11:21:29 [Europe]

Residential investors and landlords in the UK are not factoring in the costs of owning a buy to let property with a contingency fund and this is leading to an upward trend in repossessions, it is claimed.
Read full article: [Warning for landlords and investors over size of contingency fund needed for buy to let]
 
Report calls for less red tape and more lending for self build in the UK
2013-05-22 08:45:16 [Europe]

Less red tape and longer term government initiatives are needed to push self build in the UK into the mainstream, according to a new report.
Read full article: [Report calls for less red tape and more lending for self build in the UK]
 
UK property prices up 2.7% in last 12 months to similar levels as mid 2008
2013-05-21 16:02:13 [Europe]

Overall average house prices in the UK are rising and were up 2.7% in the 12 months to the end of March 2013, according to the latest data published today (Tuesday 21 May) by the Office of National Statistics.

Read full article: [UK property prices up 2.7% in last 12 months to similar levels as mid 2008]
 
UK govt to hit non-dom property owners with new inheritance tax rules
2013-05-21 13:38:04 [Global News]

The UK government has launched what is described as an unexpected attack on debt relief on inheritance tax (IHT) that may impact on the tax arrangements of the so called non-doms who own high value property in the country, according to legal experts.
Read full article: [UK govt to hit non-dom property owners with new inheritance tax rules]
 
Surge in mortgage applications from UK home buyers as fixed rates fall
2013-05-21 09:38:10 [Europe]

Total mortgage applications in the UK last month were up by more than 50% year on year, fuelled by a monthly spike of 10% according to the National Mortgage Index from Mortgage Advice Bureau, the UK’s leading independent mortgage broker.
Read full article: [Surge in mortgage applications from UK home buyers as fixed rates fall]
 
UK house builders seeking development sites as land prices creep up
2013-05-20 16:12:28 [Europe]

House builders in the UK are reporting increases in sales activity, improved balance sheets and a desire to boost development output leading them to actively seeking new sites, research shows.
Read full article: [UK house builders seeking development sites as land prices creep up]
 
More UK home owners go for improvements rather than moving, research shows
2013-05-20 13:08:02 [Europe]

Property owners across the UK are increasingly investing to improve their homes rather than looking to move during the current economic climate, new research suggests.
Read full article: [More UK home owners go for improvements rather than moving, research shows]
 
Price of new homes in the UK up by 1.9% last month, latest index report shows
2013-05-20 09:53:02 [Europe]

The average price of a new home in the UK was £236,122 in April 2013, compared to £231,797 in March, a monthly increase of 1.9%, the latest new homes index published today (Monday 20 May) shows.
Read full article: [Price of new homes in the UK up by 1.9% last month, latest index report shows]
 
Property owners in the UK more confident about price rises
2013-05-17 15:04:37 [Europe]

Home owners in London are more confident that the value of their property will rise in the coming 12 months that at any time since 2009, according to the latest Knight Frank/Markit House Price Sentiment Index (HPSI).
Read full article: [Property owners in the UK more confident about price rises]
 
Home building increased in England in the first quarter of 2013
2013-05-17 14:49:22 [Europe]


House building starts in England have increased in the first three months of 2013 giving the residential property market at boost.

Read full article: [Home building increased in England in the first quarter of 2013]
 
Talks over future of flood insurance for UK properties still bogged down
2013-05-17 11:10:41 [Europe]

The Association of British Insurers has pledged to voluntarily meet their commitments to offering flood insurance for residential properties for an extra month after the current industry flood insurance agreement expires on 30 June.
Read full article: [Talks over future of flood insurance for UK properties still bogged down]
 
Property asking price reductions in the UK fall to lowest level in three years
2013-05-16 11:56:53 [Europe]

The number of properties currently for sale in the UK that have been reduced in price since first coming onto the market has fallen to its lowest level in almost three years, according to new research out today (Thursday 16 May).
Read full article: [Property asking price reductions in the UK fall to lowest level in three years]
 
Majority of property buyers can’t imagine themselves in their new home, research finds
2013-05-15 15:42:35 [Europe]

Some 70% of property hunters in the UK cannot imagine what their new home will look like even after seeing it in person, according to new research published today (Wednesday 15 May)
Read full article: [Majority of property buyers can’t imagine themselves in their new home, research finds]
 
Permitted development rules change in UK welcomed
2013-05-15 12:15:17 [Europe]

The long awaited changes to permitted development rules have now been published by the UK government, aiming to stimulate development activity for buildings that are vacant or underused have been welcomed as a positive step for property across the UK.
Read full article: [Permitted development rules change in UK welcomed]
 
Warning over increase in mortgage fraud targeted at landlords and property investors
2013-05-15 10:17:45 [Europe]

There has been a sharp rise in the number of unscrupulous property agents and discount websites who lull property investors and landlords into a false sense of security, claiming they can buy a property without putting any money down and involving them in mortgage fraud, it has been revealed.
Read full article: [Warning over increase in mortgage fraud targeted at landlords and property investors]
 
Average asking prices rise throughout the UK with London maintaining high growth
2013-05-15 09:12:02 [Europe]

Average asking prices for residential property increased by 0.7% across the UK with regional markets bouncing back and even outperforming London, the latest asking price index shows.
Read full article: [Average asking prices rise throughout the UK with London maintaining high growth]
 
UK housing market activity accelerated last month
2013-05-14 15:37:04 [Europe]

Activity in the UK housing market valuations sector accelerated in April with  annual growth reaching 39%, according to chartered surveyors Connells Survey & Valuation.
Read full article: [UK housing market activity accelerated last month]
 
Help to Buy already boosting UK housing market says RICS
2013-05-14 11:57:20 [Europe]

The UK government’s recently announced Help to Buy scheme as boosted demand for property which rose to its highest level in over three years during April, according to the latest report from the Royal Institute of Chartered Surveyors (RICS).
Read full article: [Help to Buy already boosting UK housing market says RICS]
 
Latest CML figures suggest first time buyers are getting more mortgages approved
2013-05-14 11:26:47 [Europe]

First time buyer activity in the UK remained strong in March with the number increasing by 20% according to data published today (Tuesday 14 May) by the Council of Mortgage Lenders.
Read full article: [Latest CML figures suggest first time buyers are getting more mortgages approved]
 
Value of penthouses in London soars
2013-05-14 09:30:32 [Europe]

The value of penthouses currently being sold in London now exceeds £1 billion, according to new research by property company CBRE.
Read full article: [Value of penthouses in London soars]
 
More housing areas become affordable in the UK in last 12 months
2013-05-13 08:08:29 [Europe]

Some 38% of towns in the UK are now affordable for home purchase, compared to 4% in 2008, new research shows, with Scotland and Wales among the most affordable.
Read full article: [More housing areas become affordable in the UK in last 12 months]
 
Latest figures show UK buy to let lending is on the increase
2013-05-10 08:56:18 [Europe]

The buy to let mortgage market in the UK is performing well again a backdrop of robust demand and is growing as an overall proportion of the property lending market, according to the Council of Mortgage Lenders.
Read full article: [Latest figures show UK buy to let lending is on the increase]
 
Help to Buy will not stimulate UK housing market as much as govt claims
2013-05-09 11:00:05 [Europe]

New government measures, designed to help credit worthy buyers on and up the housing ladder, will stimulate the property market and boost house building, according to leading property advisors Savills, but not as much as the government has claimed.
 
Read full article: [Help to Buy will not stimulate UK housing market as much as govt claims]
 
Building Societies urge UK govt to adopt more holistic approach to property lending
2013-05-09 09:40:36 [Europe]

The UK government should adopt a more holistic approach to managing the housing market as there are potential choppy water ahead in relation to changing capital requirements, it is claimed.
Read full article: [Building Societies urge UK govt to adopt more holistic approach to property lending]
 
UK residential landlords to be forced to check immigration status of foreign tenants
2013-05-08 15:09:24 [Europe]

Residential landlords in the UK are to be forced to vet tenants’ right to live in the UK before agreeing a tenancy under proposals published in Parliament in today’s Queen’s speech.
Read full article: [UK residential landlords to be forced to check immigration status of foreign tenants]
 
UK ministers urge councils to make public land available for self build homes
2013-05-08 09:11:45 [Europe]

UK planning minister Nick Boles had challenged councils to help people wanting to build their own homes by finding publicly owned land for them to create their dream homes.
Read full article: [UK ministers urge councils to make public land available for self build homes]
 
RICS calls for compulsory regulation of UK estate agents
2013-05-07 12:18:03 [Europe]

The Royal Institution of Chartered Surveyors wants to see all estate agents in the UK compelled to sign up to a professional regulation scheme to make sure buyers are properly advised.

Read full article: [RICS calls for compulsory regulation of UK estate agents]
 
New rules set to help owners, managers and developers of listed buildings in the UK
2013-05-07 10:24:11 [Europe]

New heritage legislation has been introduced in the UK that will make life easier and provide greater certainty for owners, managers and developers of historically important property.
Read full article: [New rules set to help owners, managers and developers of listed buildings in the UK]
 
Loud neighbours biggest turn off, say property buyers
2013-05-06 12:53:37 [Europe]

Anti social neighbours are the biggest turn off to prospective home buyers in the UK, according to a new survey.
Read full article: [Loud neighbours biggest turn off, say property buyers]
 
UK’s first National Self Build Week launched
2013-05-06 10:34:07 [Europe]

British property guru Kevin McCloud and Housing Minister Mark Prisk have formerly launched the first ever National Self Build Week which aims to help millions of people turn their self build dreams into a reality.
Read full article: [UK’s first National Self Build Week launched]
 
Lending by mutuals and building societies up in March
2013-05-06 07:24:22 [Europe]

Gross mortgage lending by building societies and other mutual lenders was £2.9 billion in March, up by 8% compared to the same month last year, the latest figures show.
Read full article: [Lending by mutuals and building societies up in March]
 
Property owners warned over Bank Holiday DIY sprees
2013-05-03 11:46:36 [Europe]

Property owners embarking on a home improvement project this May bank holiday weekend in the UK are being urged to check their insurance cover to avoid stumping up thousands of pounds to fix DIY disasters.
Read full article: [Property owners warned over Bank Holiday DIY sprees]
 
Pay 50% more for a home near a Waitrose supermarket in London, research finds
2013-05-03 06:45:18 [Europe]

It is well known that access to good schools, transport and a vibrant high street all contribute to a strong local housing market and house price premiums, but now the new must have is an upmarket supermarket.
Read full article: [Pay 50% more for a home near a Waitrose supermarket in London, research finds]
 
UK borrowers on interest only mortgages that mature before 2020 urged to check their finances
2013-05-02 12:36:04 [Europe]

Lenders in the UK are to contact all borrowers with interest only mortgages as some are in danger of not having enough to pay off their loans and could end up having to sell their home if they don't take action now.
Read full article: [UK borrowers on interest only mortgages that mature before 2020 urged to check their finances]
 
First people to buy through UK’s Help to Buy scheme move in
2013-05-01 14:09:13 [Europe]

The first people to buy their home under the UK’s new £4.5 billion Help to Buy scheme have the keys to their new three bedroom semi detached house.
Read full article: [First people to buy through UK’s Help to Buy scheme move in]
 
Nationwide’s Save to Buy scheme now two years old
2013-05-01 11:55:47 [Finance Update]

UK lender, the Nationwide Building Society, is celebrating the second anniversary of its Save to Buy scheme which it says is helping tens of thousands of aspiring home buyers move a step closer to buying a property of their own.
Read full article: [Nationwide’s Save to Buy scheme now two years old]
 
UK property prices hardly moved last month, latest Nationwide data shows
2013-05-01 10:33:08 [Europe]

The price of a typical home in the UK hardly moved in April with the latest index from the Nationwide, published today (Wednesday 01 May) showing a fall of 0.1%.
Read full article: [UK property prices hardly moved last month, latest Nationwide data shows]
 
New home prices edge upwards in the UK, led by London, new data shows
2013-05-01 09:01:40 [Europe]

The average price of a new home in the UK was £231,797 in March 2013, a monthly increase 3.4%, the highest monthly price increase since May 2012, new figures shows.
Read full article: [New home prices edge upwards in the UK, led by London, new data shows]
 
UK’s first property industry apprenticeship scheme launched
2013-04-30 13:59:03 [Europe]

Global commercial real estate services firm CBRE has launched a UK apprenticeship scheme, the first of its kind in the property sector, which will offer a route into an industry that has traditionally only recruited university graduates.
Read full article: [UK’s first property industry apprenticeship scheme launched]
 
UK builders, property companies and investors have increased appetite for land buying
2013-04-30 12:44:20 [Europe]

Appetite for buying land among house builders, property companies and PLCs in the UK has increased so far this year, as housing market activity remains positive, according to a new analysis from CBRE.
Read full article: [UK builders, property companies and investors have increased appetite for land buying]
 
House prices up 0.3% in the UK in April, latest figures show
2013-04-29 09:59:14 [Europe]

House prices gained 0.3% in April compared with the previous month as London continues to drive the headline rate of growth, according to the latest figures published today (Monday 29 April).
Read full article: [House prices up 0.3% in the UK in April, latest figures show]
 
New build price growth outperforms the rest of the housing market in the UK
2013-04-29 09:01:29 [Europe]

The average house price of new build property in the UK has increased by 12% over the last five years with the average price now at £233,822, new research shows.
Read full article: [New build price growth outperforms the rest of the housing market in the UK]
 
Property owners affected by London to Birmingham high speed link compensation options
2013-04-29 08:22:14 [Europe]

Property owners affected by the first phase of the new high speed rail link between London and Birmingham should be looking at their compensation options, according to consultants.
Read full article: [Property owners affected by London to Birmingham high speed link compensation options]
 
Prime property prices up 12.8% in London in last 12 months
2013-04-26 08:28:23 [Europe]

Property prices in prime areas of London have increased by 12.8% in the past year with a rise of 3.6% alone during the first quarter of 2013, according to new figures published today (Friday 26 April).
Read full article: [Prime property prices up 12.8% in London in last 12 months]
 
UK home owners at their most confident for three years about property price growth
2013-04-25 16:08:49 [Europe]

UK home owners are expecting house prices to rise by 4.5% over the next six months, a sign of significant confidence returning to the housing market, according to new research.
Read full article: [UK home owners at their most confident for three years about property price growth]
 
Bank of England extends flagship Funding for Lending Scheme
2013-04-25 13:40:03 [Europe]

The decision by the Bank of England to extend its flagship Funding for Lending scheme has been widely welcomed with experts saying that the move will help growth in the mortgage market.
Read full article: [Bank of England extends flagship Funding for Lending Scheme]
 
Confidence in the UK construction sector at its highest since end of 2007
2013-04-25 09:49:23 [Europe]

More professionals in the construction sector in the UK saw workloads rise than at any time since the end of 2007, according to the latest market survey from the Royal Institution of Chartered Surveyors (RICS).
Read full article: [Confidence in the UK construction sector at its highest since end of 2007]
 
London appoints 25 developers to push ahead with new land panel
2013-04-25 07:49:57 [Europe]

Some 25 developers have been appointed to a new land procurement panel in London set up by the city’s Mayor Boris Johnson with the aim of accelerating the delivery of new homes.

Read full article: [London appoints 25 developers to push ahead with new land panel]
 



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