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News related to uk

Compulsory redress schemes for UK letting and property management agents confirmed
2014-04-18 08:10:58 [Europe]
All letting and property management agents in the UK will be required to join an approved redress scheme later this year under new plans announced by Housing Minister Kris Hopkins.Read full article: [Compulsory redress schemes for UK letting and property management agents confirmed]
 
UK set to become more like Europe in terms of renting homes, new research suggests
2014-04-18 08:04:01 [Europe]
One in five of 23 to 27 year olds in the UK have no desire to own a home, suggesting that the country will become a nation of renters within the next generation, according to a new report.Read full article: [UK set to become more like Europe in terms of renting homes, new research suggests]
 
British expats seeking buy to let opportunities back home
2014-04-18 07:58:09 [Europe]
British expats have a strong appetite for buying property in their home country as they see it as a sound investment for the future, new research suggests.
Read full article: [British expats seeking buy to let opportunities back home]
 
Development land prices in England up 7.3% year on year
2014-04-17 15:02:54 [Europe]
Development land prices in England increased by 0.8% in the first three months of the year, to take the annual increase in values to 7.3%, according to the latest data from property firm Knight FrankRead full article: [Development land prices in England up 7.3% year on year]
 
UK mortgage loans up 4% in March, but consumers want more access and choice
2014-04-17 11:49:59 [Europe]
Gross mortgage lending in the UK was an estimated £15.4 billion in March, some 4% higher than February, according to the latest figures from the Council of Mortgage Lenders.Read full article: [UK mortgage loans up 4% in March, but consumers want more access and choice]
 
UK asking prices up 8.4% year on year, latest index shows
2014-04-17 09:20:39 [Europe]
Home asking prices across England and Wales leapt a further 1.3% over the last month, bringing annual rise to 8.4%, according the latest data from home.co.uk.Read full article: [UK asking prices up 8.4% year on year, latest index shows]
 
UK interest rate rises could affect buy to let landlord expansion, it is claimed
2014-04-17 08:08:25 [Europe]
 UK landlords are being advised to be cautious when considering expanding their buy to let portfolios due to a risk that interest rates could rise sooner than expected.Read full article: [UK interest rate rises could affect buy to let landlord expansion, it is claimed]
 
More Rent to Build projects announced by UK housing minister
2014-04-16 14:37:12 [Europe]
The second phase of the UK’s Build to Rent scheme is set to deliver up to 6,500 new home for private rent in England, housing minister Kris Hopkins has announcedRead full article: [More Rent to Build projects announced by UK housing minister]
 
New guide launched for new mortgage regime in the UK
2014-04-16 10:27:48 [Europe]
The UK’s financial watchdog has launched a new guide for consumers to explain the changes in the mortgage market that come into force later this month.Read full article: [New guide launched for new mortgage regime in the UK]
 
Govt help announced for locally planned garden cities in the UK
2014-04-15 11:20:25 [Europe]
A new prospectus which will help communities work up proposals for ambitious new developments, which are locally led, include at least 15,000 homes and have the backing of existing residents, has been unveiled.Read full article: [Govt help announced for locally planned garden cities in the UK]
 
UK house prices up 9.1% in a year, latest ONS data shows
2014-04-15 09:42:43 [Europe]
UK house prices increased by 9.1% in the year to February 2014, up from 6.8% in the year to January 2014, according to the latest data from the Office for National Statistics.Read full article: [UK house prices up 9.1% in a year, latest ONS data shows]
 
Prime property price growth in UK varies according to location, latest index shows
2014-04-15 09:07:40 [Europe]
Prime country house prices in the UK increased by 1.9% in the first quarter of this year and are 4.5% higher on an annual basis, according to the latest index.Read full article: [Prime property price growth in UK varies according to location, latest index shows]
 
Surveyors warning over risk of housing market crash in UK hot spots
2014-04-14 08:46:55 [Europe]
It is becoming increasingly important for chartered surveyors to protect UK home buyers and lenders against the mounting risk of a repeat housing market crash, it is claimed.Read full article: [Surveyors warning over risk of housing market crash in UK hot spots]
 
UK taxman issues new guidance for estate agents re money laundering
2014-04-12 08:33:05 [Europe]
 The UK’s tax man has published new guidance to help estate agency businesses stay on the right side of new money laundering regulations.Read full article: [UK taxman issues new guidance for estate agents re money laundering]
 
UK government releases new compensation packages for home owners along rail route
2014-04-11 12:24:32 [Europe]
Details of a new discretionary compensation package for those owning property affected by the HS2 rail link between London and Birmingham have been released by the UK government.Read full article: [UK government releases new compensation packages for home owners along rail route]
 
Increased court fees in UK set to hit landlords seeking repossession
2014-04-11 10:27:38 [Europe]
UK government plans to increase court fees means that landlords seeking repossession of their properties face higher costs and has been branded as extortionate.Read full article: [Increased court fees in UK set to hit landlords seeking repossession]
 
UK Home lending fell slightly in February, but still strong year on year, says CML
2014-04-11 08:21:28 [Europe]
Mortgage lending in the UK dipped in February but this was in line with expected seasonal factors and year on year growth remains strong, according to the Council of Mortgage Lenders.Read full article: [UK Home lending fell slightly in February, but still strong year on year, says CML]
 
Rent rises in the UK set to be overtaken by wage growth this summer, report suggests
2014-04-10 12:42:52 [Europe]
Rent rises in the UK will be overtaken by wage growth in 2014, while disposable income for those in the private rented sector is set to grow for the first whole year since the financial crisis, according to a new report.Read full article: [Rent rises in the UK set to be overtaken by wage growth this summer, report suggests]
 
UK property recovery well under way as sales reach highest level for six years
2014-04-10 09:44:55 [Europe]
The average number of houses sold in the UK in the first quarter of 2014 has increased to its highest level in six years, confirming that the country’s property market recovery is well underway.Read full article: [UK property recovery well under way as sales reach highest level for six years]
 
Home owners in the UK reach mortgage freedom day
2014-04-10 08:07:14 [Europe]
Today, Thursday 10 April is mortgage freedom day in the UK when home owners will have earned enough to pay off the annual cost of their mortgage, according to research from the Halifax building society.Read full article: [Home owners in the UK reach mortgage freedom day]
 
Landlords’ views on buy to let finance in the UK more positive, survey shows
2014-04-09 10:24:19 [Europe]
UK landlords’ perception of the availability of buy to let finance is now at the highest it has been since the economic downturn, according to a new quarterly survey.Read full article: [Landlords’ views on buy to let finance in the UK more positive, survey shows]
 
A UK mansion tax would hit home owners most in just three locations in London
2014-04-09 09:57:05 [Europe]
Over 80,000 homes in the UK would be liable to a mansion tax if it were introduced, a move that has been proposed by some politians and not yet ruled out by the government.Read full article: [A UK mansion tax would hit home owners most in just three locations in London]
 
New regulation for heritage buildings in the UK
2014-04-09 08:18:44 [Europe]
New heritage regulations in the UK will help to maintain and manage change to listed buildings, according to planning consultants.Read full article: [New regulation for heritage buildings in the UK]
 
Few home hunters in the UK would take on a major renovation property, research suggests
2014-04-08 06:58:58 [Europe]
The majority of house hunters in the UK don’t want to buy a property that needs a lot of work with one in three only searching for a new build, new research reveals.Read full article: [Few home hunters in the UK would take on a major renovation property, research suggests]
 
Landlords of purpose built student property to be exempt from immigration checks
2014-04-07 13:54:16 [Europe]
A change has been made to the UK’s new Immigration Bill which will ensure that landlords of purpose build student accommodation will be exempt from having to conduct ongoing immigration checks on tenants.Read full article: [Landlords of purpose built student property to be exempt from immigration checks]
 
Many UK first time buyers underestimate the time needed to buy their first home
2014-04-07 11:12:05 [Europe]
First time buyers don’t have reasonable idea of how long it takes to get onto the housing ladder in the UK with two thirds badly underestimating the timescale, new research shows.
Read full article: [Many UK first time buyers underestimate the time needed to buy their first home]
 
UK govt proposals for capital gains tax for non residents goes further than expected
2014-04-04 12:45:13 [Europe]
UK government proposals on extending capital gains tax on residential property owned by non residents, including those with second homes, is wider than expected and could be more far reaching than the industry had anticipated, it is claimed.Read full article: [UK govt proposals for capital gains tax for non residents goes further than expected]
 
Landlords buoyed by 35% annual drop in number of tenants in severe arrears
2014-04-04 08:35:42 [Europe]
Cases of tenants in the UK’s private rent sector falling severely behind on rent have decreased by 35% in the last 12 months, new research shows.Read full article: [Landlords buoyed by 35% annual drop in number of tenants in severe arrears]
 
Period detached homes with a garden and close to amenities tops home desire list
2014-04-03 14:04:23 [Europe]
Future home buyers in the UK are looking for a better lifestyle and want period, detached homes with gardens that are close to amenities, a new survey has found.Read full article: [Period detached homes with a garden and close to amenities tops home desire list]
 
Bridging lending in the UK up 26% in 12 months, latest index shows
2014-04-03 08:45:21 [Europe]
Gross bridging lending in the UK has increased 26% year on year, reaching £2.02 billion in the 12 months to March, according to the latest lending index.Read full article: [Bridging lending in the UK up 26% in 12 months, latest index shows]
 
UK property prices rise for 15 months in a row with 0.4% growth in March
2014-04-02 12:51:43 [Europe]
UK property prices increased by 0.4% last month and are now 9.5% higher than a year ago, according to the latest index from the Nationwide Building Society.Read full article: [UK property prices rise for 15 months in a row with 0.4% growth in March]
 
Deposits and interest rates still causing concern for UK home buyers
2014-03-31 08:52:23 [Europe]
First time buyers in the UK are growing more concerned over their ability to raise a deposit, getting access to mortgage finance and about interest rates, according to new research.Read full article: [Deposits and interest rates still causing concern for UK home buyers]
 
UK house price expectations fuelling first time buyer spending, new research says
2014-03-28 09:28:12 [Europe]
The number of first time buyers in the UK increased 42% year on year in February, as buyers snapped up property in anticipation of future price rises and took advantage of better mortgage availability, it is claimed.Read full article: [UK house price expectations fuelling first time buyer spending, new research says]
 
Cash buyers and first time buyers dominating UK property sales market
2014-03-27 13:24:53 [Europe]
Cash buyers and first time buyers in the UK are more active than any other buyer groups and are driving growth in both housing market transactions and prices, new research shows.Read full article: [Cash buyers and first time buyers dominating UK property sales market]
 
Remortgaging in the UK outperforms rest of housing market, report suggests
2014-03-27 11:31:22 [Europe]
Over the last 12 months, the number of valuations for remortgaging purposes has grown faster than any other part of the housing market, according to the latest monthly report from chartered surveyors Connells Survey & Valuation.Read full article: [Remortgaging in the UK outperforms rest of housing market, report suggests]
 
Scottish properties spending too long on the market before being sold, new report suggests
2014-03-27 10:30:24 [Europe]
The average asking price for a Scottish home is now 15.5% lower than the boom time peak registered in October 2007 with the country not seeing the same real estate market growth as neighbouring England, a new report suggests.Read full article: [Scottish properties spending too long on the market before being sold, new report suggests]
 
New mortgage rules in UK next month, including new stress test
2014-03-26 10:03:44 [Europe]
The UK mortgage industry will see the largest change to regulation in a decade next month and changes are already being introduced on applications.
Read full article: [New mortgage rules in UK next month, including new stress test]
 
UK property prices up 6.8% year on year, latest ONS data shows
2014-03-25 12:16:35 [Europe]
UK house prices increased by 6.8% in January compared with a year earlier, taking the average home price to £254,000, according to the latest data from the Office of National Statistics (ONS).Read full article: [UK property prices up 6.8% year on year, latest ONS data shows]
 
Detailed figures reveal the success of UK’s Help to Buy scheme
2014-03-25 09:50:38 [Europe]
Prime Minister David Cameron has hailed his government’s flagship Help to Buy scheme which aids people buying a new home, as a great success after figures show over 17,000 benefitted in the months since its launch.Read full article: [Detailed figures reveal the success of UK’s Help to Buy scheme]
 
Over half wanting to move home in the UK can’t see it happening this year
2014-03-24 14:29:37 [Europe]
Over 50% of people in Britain ay they are considering a house move but most can’t see themselves being in a position to do so in the next 12 months, according to new researchRead full article: [Over half wanting to move home in the UK can’t see it happening this year]
 
Research signals the end of the reluctant landlord
2014-03-24 12:25:44 [Europe]
A rise in property sales in the UK is leading to a reduction in potential rentals which could mean the end of the reluctant landlord, according to lettings agents.Read full article: [Research signals the end of the reluctant landlord]
 
More first time buyers entering the UK housing market
2014-03-21 13:46:59 [Europe]
First time buyers in the UK have increased their dominance of the housing market but other buyers have fallen in number, according to estate agents.Read full article: [More first time buyers entering the UK housing market]
 
Lending for homes in UK up 43% compared to a year ago, latest figures show
2014-03-20 14:27:06 [Europe]
Gross mortgage lending in the UK was £15.2 billion in February, down some 6% compared with January but still 43% higher than the £10.6 billion lent in February last year, the latest data from the Council of Mortgage Lenders shows.Read full article: [Lending for homes in UK up 43% compared to a year ago, latest figures show]
 
Neighbourhood plans take up edging towards maintaining status quo, research finds
2014-03-20 09:19:14 [Europe]
The take up of neighbourhood plans, a cornerstone of the UK government’s Localism agenda, is concentrated in the south of England, according to new research.Read full article: [Neighbourhood plans take up edging towards maintaining status quo, research finds]
 
Worrying number of UK mortgagees won’t finish paying before retirement
2014-03-19 18:14:38 [Europe]
Nearly one in three people with a repayment mortgage in the UK won’t repay it until they’re 60 or older, new research suggests, and it means they may have to delay retirement plans.Read full article: [Worrying number of UK mortgagees won’t finish paying before retirement]
 
UK average asking prices up 3.3% month on month, latest index shows
2014-03-19 15:34:31 [Europe]
New sellers have helped push up property prices in the UK, with the average asking price seeing a rise of 3.3% or £8,103 last month, according to the latest data from Rightmove. Read full article: [UK average asking prices up 3.3% month on month, latest index shows]
 
UK property industry welcomes Help Buy extension, mourns lack of Stamp Duty reform
2014-03-19 14:58:59 [Europe]
As expected the first phase of the Help to Buy scheme in the UK is to be extended and this move announced by the Chancellor George Osborne in his Budget speech in Parliament has been widely welcomed by the property industry.Read full article: [UK property industry welcomes Help Buy extension, mourns lack of Stamp Duty reform]
 
Landlord confidence in UK triples in last 12 months
2014-03-19 10:48:40 [Europe]
Landlords’ confidence in the UK’s financial markets has tripled over the last year, according to research from the National Landlords Association (NLA).Read full article: [Landlord confidence in UK triples in last 12 months]
 
New development body to be created to oversee thousands of new homes in West London
2014-03-19 09:12:13 [Europe]
Ambitious plans to transform one of the most deprived parts of London into a thriving new district with up to 24,000 new homes have moved a step closer, it has been announced. Read full article: [New development body to be created to oversee thousands of new homes in West London]
 
Advertised rents up across most of the UK, latest index shows
2014-03-18 14:46:11 [Europe]
Overall advertised rents in the UK reached their highest level since the third quarter of 2012 with nine out of 11 regions seeing growth, according to the latest rental index.Read full article: [Advertised rents up across most of the UK, latest index shows]
 



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