Posts belonging to Category News

More than 750,000 impacted by HB cuts – John Paul from Castledene comments


John Paul from Castledene comments on yesterday’s news story – more than 750,000 people face homelessness under the government’s decision to cap housing benefits.

New homes mortgage rates ‘at their most affordable’


The Council of Mortgage Lenders (CML) has reported that new homeowners in May only spent 9.5 per cent of their income on interest payments.

Landlord finance is “stable and affordable”


The Bank of England’s decision to keep interest rates at 0.5 per cent will mean that repayments on buy-to-let will remain low.

CML report Gross mortgage lending up 15% in June


The CML press release out today reports gross mortgage lending in June was up 15% from May, now at £13.1 billion.

UK sees “property millionaires” rise by 400%


Santander Mortgages found in its study that there are now over 100,000 homes worth more than £1 million in the country.

Rightmove.co.uk predict 7% fall in second half of year to wipe out gains since Jan 2010.


A massive increase in properties coming on the market, up 45% since last Month, sees sellers having to drop their asking prices, according to Rightmove’s new House Price Index (HPI) figures.

Rental demand hits high


The Association of Residential Lettings Agents (ARLA) has found that more than two-thirds (70 per cent) of their members report having more tenants than properties.

Government May HPI figures report 11% increase from May 09


The governments own House Price Index figures from the Department of Communities and Local Government (DCLG) has reported an increase of 11% from May 09 to May 10.

Large drop in net price balance for RICS Housing Market Survey


The RICS Housing Market Survey for June 2010 has reported a significant drop in the net price balance from it’s responding members, down from +21 to +9.

Home energy efficiency advice needed for tenants?


Tenants need more support to reduce bills and waste less energy, according to a new survey.

Marketiers found that just over four in ten people felt that energy suppliers offered little or no assistance in helping customers cut their carbon emissions.