Property news
31/08/2007
 
The number of residential properties offered at auction after being repossessed increased 36 per cent during the second quarter of 2007.

Research from the Royal Institution of Chartered Surveyors (RICS) shows 5,120 properties were offered for sale at auction between April and June.

This repr... read more
31/08/2007
 
The number of first-time buyers willing to compromise on space has doubled from 12 to 27 per cent over the last thirty years, a report by GE Money Home Lending reveals today.

This includes sacrificing formerly essential features, including gardens, garages or even the number of bedrooms.

"Th... read more
31/08/2007
 
Spain has shown the strongest growth in average house prices in Europe over the past five years.

Halifax today releases research that states property prices have doubled in the country since 2002, compared to increases of 90 per cent in Britain.

Prices increased by an average of 40 per cent ... read more
31/08/2007
 
While more than 150,000 landlords have joined the government Tenancy Deposit Protection (TDP) scheme, more than three in four have failed to do so.

The scheme has only been compulsory for the six months after April 6th and many landlords may not have begun a new tenancy in this period, states th... read more
30/08/2007
 
Although August witnessed a small upturn in house price increases the annual rate is continuing to moderate.

According to research released today by Nationwide prices increased 0.6 per cent in August, up from just 0.1 per cent in July.

However, the annual rate of increase fell from 9.6 per c... read more
29/08/2007
 
The buy-to-let property market remains robust despite recent increases in interest rates according to new research.

Although interest rates of 5.75 per cent and high house prices have caused a slowdown in the mainstream mortgage market, landlords have been buoyed by strong rental demand, accordi... read more
29/08/2007
 
House prices in Bulgaria have risen by 27 per cent since last year, with further increases expected over the coming months.

Quest Bulgaria, an English language magazine for those looking to buy or rent in Bulgaria, forecasts a further 20 per cent increase in average prices before the end of the ... read more
28/08/2007
 
The majority of Britons rate a place in the country as the most desirable location to live, a new study reveals.

Research from Halifax Mortgages finds the ideal home for those in the UK is a new-build, detached property in a rural environment.

As many as 50 per cent of Britons sought a detac... read more
28/08/2007
 
Although growth in the average price of property may finally have been levelling out in the last month or so, the past few years have witnessed unprecedented growth in the UK housing market.

Rightmove.co.uk now places the average house price in England and Wales at £241,474, increasing to a stag... read more
28/08/2007
 
As one of the country's most important cities, Manchester is an exciting and up-and-coming urban location for first-time buyers, those already on the property ladder and investors.

Boasting plenty of variety and styles of residential property, the city's housing is experiencing strong investment... read more
24/08/2007
 
The frenetic pace of the UK housing market is prompting buyers to limit the time they spend inspecting properties before they make a purchase, according to research by ING Direct.

In a report issued today the organisation states the average homebuyer now spends just 17 minutes looking at a poten... read more
24/08/2007
 
Interest rate increases and the poor summer climate have resulted in a housing market slowdown, according to a report released today.

The National Association of Estate Agents (NAEA) finds the number of people looking for a home fell by 2.5 per cent between June and July.

Annually the fall w... read more
24/08/2007
 
When looking for a new home the key feature most Britons desire is a large kitchen with enough room for a family table, a survey released by insurers Legal and General reveals today.

In the study, the Changing Face of British Homes, the company asked 4,000 participants what they desired when pur... read more
22/08/2007
 
The British Property Federation has endorsed government plans to relax the Merton Rule, which requires new homes to produce ten to 20 per cent of their power through onsite renewable sources.

Investing in energy efficient buildings is a better way of cutting carbon emissions the group feels.

... read more
22/08/2007
 
The number of Britons keen to buy a property abroad has doubled in the previous twelve months, a study released today reveals.

And the survey, carried out by Barclays Buying Abroad, cites the wettest British summer ever recorded as a major cause for the trend.

According to the report, Britai... read more
21/08/2007
 
Millions of homeowners are looking for loopholes in government legislation to avoid the cost of a home information pack (Hip), a report by Abbey Mortgage finds today.

Hips are currently mandatory when selling homes with four or more bedrooms and will become compulsory for those selling three-bed... read more
21/08/2007
 
Growth in the UK housing market has begun to slow as recent interest rate rises take effect, new research from Team Association states.

The average house price in the UK stood at £222,633 in July, an increase of 0.8 per cent on figures from the same period last year.

Such a small change sugg... read more
21/08/2007
 
Property prices in prime central London locations witnessed a 3.9 per cent increase in July, figures released today show.

This is up from 3.1 per cent in June, research by estate agent Knight Frank finds.

The annual rate of growth now stands at 36.4 per cent, the highest recorded since mid-1... read more
21/08/2007
 
The roll-out of home information packs (Hips) to three-bed homes from September 10th will be "a tough test," housing market experts are predicting.

A leading property search company has said the introduction of Hips "could escalate the confusion already within the market".

Hips became compul... read more
20/08/2007
 
Homeowners selling three bedroom houses will need a home information pack (Hip) from next month.

The government confirmed today that Hips and Energy Performance Certificates (EPCs) will be rolled out to three bedroom houses from September 10th.

Hips have already been required for anyone mark... read more