News Archive - December 2007
Halifax Estate Agents has said that areas in London and the south-east will benefit from stronger price growth in 2008 ahead of planned improvements t...
Published: 31/12/2007
December sees house prices fall
House prices fell in December for the second consecutive month. That is according to the latest figures from the Nationwide House Price Index, which ...
Published: 28/12/2007
Housing confidence slump
Confidence in the UK housing market has fallen considerably, according to This is Money.A new survey reveals that 75 per cent of UK homeowners expect ...
Published: 27/12/2007
New buyer levels down
The number of first time buyers (FTBs) entering the property market in 2007 fell to low[CUT?] levels not seen since 1980.According to Halifax, just 30...
Published: 24/12/2007
Lenders fail to pass on rate cut
First time buyers and other borrowers are struggling to keep up with mortgage repayments because lenders have not reduced their rates.According to Mon...
Published: 21/12/2007
Void periods down for landlords
It has been revealed that the average landlord is experiencing void periods of just two weeks.The Mortgage Trust has published research showing that 4...
Published: 21/12/2007
2008 will see prices level out
Next year will be difficult but house prices should level out, according to the Royal Institution of Chartered Surveyors (Rics).The organisation says ...
Published: 20/12/2007
Base rate set to fall sharply
The base rate of interest will plunge to 4.75 per cent by the end of 2008, according to one expert.Howard Archer from Global Insight believes that the...
Published: 20/12/2007
FTBs can still find bargains
First time buyers (FTBs) may be able to land themselves a bargain as a result of a slowing housing market.Despite many FTBs struggling with affordabil...
Published: 20/12/2007
Increase in new property prices
New property prices increased in November, with the annual inflation figure also being positive.The November New Homes Index from Smart New Homes show...
Published: 20/12/2007
Bristol house prices rise
Bristol is the UK city which saw the largest price growth in 2007, excluding London.According to figures from email4property, Bristol saw house prices...
Published: 20/12/2007
Favourable inflation figure may lead to rate cut
The Bank of England may cut the base rate of interest early in 2008 after it was revealed that consumer price inflation stabilised in November.Figures...
Published: 18/12/2007
High demand benefits landlords
Buy-to-let property investors are benefiting from high rents and demand for rented accommodation.The latest Lettings Survey from the Royal Institution...
Published: 18/12/2007
Landlords confident about 2008
Buy-to-let property investors are upbeat about the year ahead, according to new research from Alliance & Leicester.The study reveals that 71 per c...
Published: 18/12/2007
FTBs to face affordability problems for some time
It is not possible for the UK to build itself out of the current housing affordability crisis.That is according to Firstrung and is bad news for first...
Published: 17/12/2007
Home movers should start the process at Christmas
The Christmas period may be an ideal time for home movers, according to Your Move.Although the majority of people do not want to think about moving ho...
Published: 17/12/2007
Marginal price growth predicted for new year
It has been predicted that house prices will rise in 2008, albeit marginally.Hometrack's director of research believes that a lack of supply will supp...
Published: 17/12/2007
Prices down in December
The latest Rightmove House Price Index shows that property prices fell in December.Month-on-month figures show a drop of 3.2 per cent, with annual inf...
Published: 17/12/2007
FTBs want house deposit for Christmas
The majority of first time buyers (FTBs) would like to receive a deposit on a house for Christmas.A total of 62 per cent of young buyers said that thi...
Published: 14/12/2007
Hips rollout is complete
Home information packs (Hips) are now a mandatory part of the home-selling process for all properties in England and Wales.Four months after the packs...
Published: 14/12/2007
Landlords prefer professional tenants
Buy-to-let property investors prefer having professional tenants because that can pay more rent.Property Hawk editor Chris Horne said that these kind ...
Published: 14/12/2007
Schools attract home buyers
Home buyers are keener than ever to live near 'good' schools.That is according to Hot Property, which said that 67 per cent of people are willing to s...
Published: 14/12/2007
House prices down
The Royal Institution of Chartered Surveyors (Rics) has published its Housing Market Survey for November, revealing that property prices fell.A total ...
Published: 13/12/2007
Borrowers turn to variable-rate mortgages
The Council of Mortgage Lenders (CML) has reported that more people are choosing variable rate mortgages in anticipation of further cuts to the base r...
Published: 13/12/2007
CML, IMLA respond to sub-prime report
The Council of Mortgage Lenders (CML) and the Intermediary Mortgages Lenders Association (IMLA) have attacked a controversial report on the sub-prime ...
Published: 13/12/2007
Demand for renting set to soar
Demand for rented accommodation is set to soar in 2008, according to Property Hawk.The firm believes that current housing market conditions mean that ...
Published: 13/12/2007
Investors need to do their research
Buy-to-let property investors have been warned that they need to do their research before entering the market.That is according to the Building Societ...
Published: 12/12/2007
It is a good time to invest
Now may be a good time for seasoned homebuyers to snap up some properties.That is according to a number of experts at the Homebuyer Show, who say that...
Published: 12/12/2007
Landlords confident in market
Buy-to-let property investors remain confident in the strength of the market, according to a new report.The Young Group has published research which s...
Published: 11/12/2007
Annual price growth reaches 11.3%
Annual house price inflation hit 11.3 per cent in October, according to the latest set of figures.The Department of Communities and Local Government (...
Published: 10/12/2007
Govt needs to plan for housing crash
The government has been warned that it must plan for a housing market crash or risk a major disaster.Vince Cable, Liberal Democrat Treasury spokesman,...
Published: 10/12/2007
Property prices rise
House prices increased by 0.5 per cent between October and November, according to the latest figures.The FT House Price Index shows that property pric...
Published: 07/12/2007
Borrowers boosted as Bank cuts base rate
The Bank of England's Monetary Policy Committee (MPC) has cut the base rate of interest for the first time in over two years.A cut of 0.25 per cent wa...
Published: 06/12/2007
Archer predicts base rate cut
Leading economist Howard Archer from Global Insight says that the Bank of England will cut the base rate of interest tomorrow (December 6th).In a late...
Published: 05/12/2007
2% rise in 2008
House prices are set to increase by two per cent in 2008, according to the latest forecast.Spicerhaart believes that the global credit crunch will con...
Published: 04/12/2007
Remortgagers prepare for higher rates
Two thirds of British people who intend to remortgage say that they will cut back on festive spending in order to cope with increased rates.Many borro...
Published: 03/12/2007
FTBs boosted by reduction in empty homes
First time buyers (FTBs) have been given a boost with the news that the number of empty homes in England fell between 2003 and 2006.According to resea...
Published: 03/12/2007
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