28 January
16:38:16
|
The British Bankers’ Association (www.bba.org.uk) reports that 45,897 mortgage applications were approved in December 2009, up from the November figure of 44,965 and a 100% increase on December 2008. More at TimesOnline. TimesOnline |
14 January
11:19:30
|
Tree poisoning in Poole - Adrian Dunford, partner in Tailor Made (www.tailormadeestateagency.co.uk), the Sandbanks estate agent, estimates that a good sea view means an increase in value from £400 per square metre to up to £900. More in The Telegraph. Daily Telegraph |
5 January
12:05:23
|
Houseowners in municipal tower blocks could find the values of their properties hit by "potentially huge bills, as councils rush to improve fire safety precautions in the wake of a blaze in London earlier this year..." More in The Guardian. The Guardian |
22 December
11:02:58
|
The Royal Institution of Chartered Surveyors (www.rics.org) is forecasting that house prices will increase by "little more than 1 to 2 per cent" in 2010, though the market will see increased activity. More at the FT. FT.com |
19 December
10:32:22
|
The country house market rose during "the last three months of this year." Sales of rural properties started to pick up in May with foreign buyers scenting bargains but British buyers "now make up more than 50 per cent of demand." More at Times Online. TimesOnline |
17 December
12:07:36
|
Figures from the Department for Communities and Local Government (DCLG) suggest that price rises in the housing market are starting to slow down as more property is coming onto the market. More at TimesOnline.
TimesOnline |
16 December
15:22:19
|
Kate Barker, an adviser to the government, warns that the property market is overheating and "the recovery will stall in 2010." More at The Standard.
Evening Standard |
16 December
11:02:33
|
A restored listed property in London's Fournier Street has sold for £750,000 above its £3,000,000 asking price after "being on the market for only one month." More at TimesOnline.
TimesOnline |
15 December
10:51:37
|
Sign of the recovery in the housing market slowing? "Estate agents sold the same number of homes in November as they did in October..." More at the FT.
FT.com |
12 December
15:59:20
|
Morpheus Developments (www.morpheusonline.com) has two 4-bedroom duplex penthouses on Park Lane. Interior designed by Nicky Haslam, they are "due to be let for £25,000 a week." More at TimesOnline.
TimesOnline |
12 December
15:48:14
|
"What will happen to house prices in 2010?" - 14 experts give their forecasts at TimesOnline including "We will see not only an improvement in the market itself but an increase in the number of deals" from Gary Hersham of Beauchamp Estates. TimesOnline |
12 December
15:45:37
|
"House prices to slip back in 2010 before racing ahead in Olympic year." TimesOnline suggests that "The housing market is in for a reality check, then a sprint in 2012."
TimesOnline |
10 December
15:57:11
|
2010 - Martin Ellis, chief economist at the Halifax (www.halifax.co.uk), reckons that house prices will be flat next year due to rising unemployment and more properties coming on to the market. More at The Independent. The Independent |
10 December
15:56:20
|
2010 - Ed Stansfield of Capital Economics (www.capitaleconomics.com) says "any bad news on the economy or unemployment could send the market into reverse" and expects house prices "to fall back by about 10pc next year." More at The Telegraph. Daily Telegraph |
10 December
10:55:30
|
Bankers' bonuses - the crackdown "will knock the heart out of the recovery at the top end of Britain's housing market" according to estate agents in London where the "market for homes priced £3m-£10m was partly driven by bonuses." More at the FT.
FT.com |
7 December
16:12:22
|
Tony Pidgley, exec chair at Berkeley, has called the property market correctly over the years. Now Berkeley Group (www.berkeleygroup.co.uk) reports that it has been encouraged "to dip back into the land market." More at the FT. FT.com |
4 December
11:28:59
|
The bonus boys are back - "...brokers specialising in large mortgage loans are reporting a rise in the number of seven-figure applications." More at the FT.
FT.com |
3 December
10:53:26
|
Search engine Google is reported to be talking to UK estate agents about "launching an online property portal, which experts say could pose a serious threat to existing property websites and local newspapers." More at the FT.
FT.com |
1 December
16:20:28
|
Nationwide House Price Index - "House prices rose by 0.5% in November, the same rate as in October" so that the price of the average British property is now roughly the same as in early 2006.
Nationwide HPI |
1 December
16:19:35
|
The Nationwide house prices for November "suggest that a rapid rise over the spring and summer is beginning to moderate." More at TimesOnline.
TimesOnline |
28 November
11:14:14
|
Professional BTL operators are turning bullish but "Buy-to-let is back for cash-rich landlords only." More at TimesOnline.
TimesOnline |
28 November
11:13:34
|
Banks want big deposits from BTL investors - "...buy-to-let is not for casual dabblers. The stakes are higher, the risks are greater and the competition is professional." More at TimesOnline.
TimesOnline |
27 November
09:45:27
|
Council Tax Rebate (www.council-tax-rebate.co.uk), which offers advice on re-banding, discounts and rebates, is getting a lot of media exposure.
Council Tax Rebate |
26 November
11:24:45
|
Buy-to-let investors are "snapping up newly built flats in northern cities at substantial discounts, clearing out the unsold stock of several leading housebuilders." More at TimesOnline.
TimesOnline |
23 November
12:27:42
|
Bonus boys wanting £1,000,000+ property loans from some private banks are having to stump up cash deposits to cover 1 year of interest payments "as extra security against uncertain bonus income." More at the FT.
FT.com |
21 November
11:30:27
|
"Basement extension adds up only on properties worth more than £1 million" - construction costs vary but "as a guide...specialist firm Holloway White Allom, suggests a budget of £350-£450 per square foot, excluding design fees." More at TimesOnline. TimesOnline |
21 November
10:15:01
|
James Caan, 25% owner of LOOK4APROPERTY (www.look4aproperty.com), has come up with £1,000,000,000 to make interest-free unsecured loans of up to £50,000
"to help every homebuyer move home or get onto the property ladder.” More at TimesOnline. TimesOnline |
20 November
12:21:24
|
Nationwide CE Graham Beale - “The growth in house prices over recent months appears to be driven by a lack of supply, and growth in unemployment throughout 2010 will inevitably exert downward pressure on house prices.”
More in The Standard. Evening Standard |
20 November
11:01:56
|
Housebuilding activity is on the increase. According to HSBC figures, "Work was started on 25,000 new properties over the three months to October, 27 per cent more than the same period last year.." More at the FT.
FT.com |
20 November
09:54:54
|
5 property experts make their predictions for 2010. The numbers are -6%, -5%, 0%, +2/3% and +5/10%. Details at TimesOnline.
TimesOnline |
19 November
10:14:58
|
Barratt Developments is building fewer flats because mortgage lenders prefer houses. CE Mark Clare says "A buyer being offered around a 90% LTV mortgage on a typical new house is likely to receive a 75% loan on a new apartment." More at The Telegraph. The Telegraph |
19 November
09:59:36
|
Barratt Homes starts work on Hanham Hall (www.hanhamhall.co.uk) near Bristol, "one of the first large-scale zero carbon communities in England" and "the first development by a major housebuilder to meet the Code for Sustainable Homes Level 6."
Hanham Hall |
18 November
11:40:19
|
"Persimmon figures point to housing market revival" as CE Mike Farley says "The market is encouraging. Buyers are back. Prices have stabilised and there is growing availability of mortgages." More at MailOnline.
MailOnline |
17 November
11:56:27
|
Signs of asking prices falling as sellers try to "shift properties before the psychological Christmas deadline." More at TimesOnline.
TimesOnline |
17 November
10:53:19
|
£1,000,000 properties: sales of 7-figure homes "in England and Wales is expected to drop to just 2,800 this year, down from more than 5,200 in 2008." More at the FT.
FT.com |
16 November
15:02:02
|
Data from the latest Financial Times House Price Index suggests that the UK is now back "at levels last seen in September 2006, about a year before prices peaked." The worst is over? More at FT.com.
FT.com |
16 November
12:12:48
|
"Fake payslips bought on the web at the centre of mortgage fraud racket worth millions" - The Observer reports that it "takes just seconds to buy documents that can be used in home loans fraud."
The Observer |
15 November
16:24:06
|
Construction analyst Glenigan (www.glenigan.com) reckons that "Planning applications across Britain were down 54 per cent in the first nine months of this year.." increasing the prospect of "housing shortages and soaring prices." More at TimesOnline.
TimesOnline |
12 November
15:57:23
|
For the second time this year the Council of Mortgage Lenders has reduced its repossessions forecast. The latest estimate for 2009 of 48,000 homes represents an increase of 8,000 over the 2008 figure. More at BBC News.
BBC News |
|