Property News

Number of first-time buyers falling

Mar 10th, 2010 | By Les Sheppard | Category: Property News

The proportion of first-time buyers expecting to enter the property market in the next 12 months has fallen for the third consecutive quarter to just 25.8%, shows the first Rightmove Consumer Confidence Survey of 2010.



Nationwide to withdraw income multiplier

Mar 4th, 2010 | By Les Sheppard | Category: Property News

Nationwide for Intermediaries has announced that from tomorrow it will no longer use its income multiplier tool as part of its assessment of a borrower’s affordability.



Video Post: The Housing Collapse of 2010 Will Be Worse Than 2008

Mar 2nd, 2010 | By Les Sheppard | Category: Property News

When you think of the past damage done to the UK economy by sub-prime lending in America, this talks about what’s yet to happen in the US through 2010 and 2011 – which MUST have an impact here, especially on our Banks and mortgage lending policies.



Boscombe property prices ‘outstripping Bournemouth’

Mar 1st, 2010 | By Les Sheppard | Category: Property News

PROPERTY prices in parts of Boscombe are now outstripping those in Bournemouth town centre, new research has revealed.



Home owners being restricted with loans based on future interest rates

Mar 1st, 2010 | By Les Sheppard | Category: Property News

The amount of money banks and building societies are willing to lend to home owners is being based on future interest rate rises for the first time, it can be disclosed.



Mortgage drought stalls builders

Feb 28th, 2010 | By Les Sheppard | Category: Property News

The country’s sixth largest house builder Redrow, says a chronic shortage of mortgage availability and down valuations are stopping new homes from being built.



Country property price recovery

Oct 8th, 2009 | By Les Sheppard | Category: Property News

Country house prices in the UK have risen for the first time since the beginning of the property downturn with values up 2% in the three months to the end of September, the latest research shows.



UK house prices have stabilised, small rise next year

Sep 9th, 2009 | By Les Sheppard | Category: Property News

UK house prices have finally bottomed out but a return to growth will be slow and steady as supply gradually increases, a Reuters poll showed on Wednesday.



UK buyers willing to pay more for property with renewable energy

Sep 3rd, 2009 | By Les Sheppard | Category: Property News

A third of people in the UK would be willing to pay more for a property where part of the energy supply comes from renewable resources such as wind, solar or hydropower, according to a new study.



20 things you need to know about HIPs

Sep 2nd, 2009 | By Les Sheppard | Category: Property News

The Home Information Pack (HIP) is compulsory for most homes on the market in England and Wales and you normally can’t market a property without one.