Author Archive

Home ownership at lowest level in 20 years

11/01/2011

Published by Guardian, The Observer on Sunday, 9 January 2011 by Graham Norwood   Home-ownership is down to 68% as more people turn to renting – leading to shortage of rental properties and soaring prices Constant headlines on the ups and downs of house prices are masking two trends set to dominate 2011: a long-term […]

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Housing market confidence warning

10/01/2011

Published by The Press Association on Monday, 10 January 2011   Confidence in the housing market has fallen to its lowest level for two years as people worry about Government spending cuts and the ongoing problems in the mortgage market, a survey suggested. Only 54% of homeowners think house prices will increase in the coming […]

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Halifax Supports First Time Buyers

08/01/2011

Published by Mortgage Rates on Thursday, 6 January 2011 by Mark Johnston   The UK’s biggest mortgage lender, the Halifax has launched a new two year fixed rate mortgage. The loan has a 5.79% rate for first time buyers looking to get onto the UK property market. The Halifax has designed the mortgage especially for […]

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The Green, Green Luxury of Home

07/01/2011

Published by The Wall Street Journal on Friday, 7 January 2011 By TARA LOADER WILKINSON   Even in a world where green has become the new black and words like “sustainable” grace everything from food packages to corporate mottos, the notion of building an eco-friendly luxury home can seem like an oxymoron. “You think of […]

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Property prices set for further falls in 2011

03/01/2011

Published by The Independent on Saturday, 1 January 2011 By Sean O’Grady, Economics Editor   Prediction or will we do better than that? I really am looking for good news this year Report shows end-of-year rebound for house values, but still £21,000 below peak House prices ended 2010 broadly flat – with widening regional disparities […]

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Xmas and New Year

03/01/2011

They are appearing every year and going away as fast as they came. For some it is a festive time, for others days off and for many hard work. For me it is a festive time with nice food, its preparation, shopping, family gathering, presents, Christmas tree and a rest. Lots of people do the […]

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Ireland’s ‘bad bank’ NAMA becomes one of world’s biggest property lenders

22/12/2010

Published by The Guardian on Tuesday, 21 December 2010 by # Lisa O’Carroll and Elena Moya   National Asset Management Agency takes over developers’ loans worth €70bn, acquiring some of London’s best-known landmarks including Battersea power station Ireland’s controversial new “bad bank” has overnight become one of the biggest property banks in the world after […]

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Rents rise to record high

21/12/2010

Published by The Local on Tuesday, 21 December 2010   The cost of being a tenant rose to a record high during November as rents increased for the 10th consecutive month, but costs dropped by 3.1% in East Anglia, research shows. The average UK rent jumped to £692 a month in November, the third month […]

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Repossessions to rise in 2011 lenders forecast

16/12/2010

Published by Property Community on Wednesday, 15 December 2010 by Ray Clancy   Mortgage arrears and repossessions will rise modestly next year, the Council of Mortgage Lenders (CML) predicts. Its annual forecast for the UK property market paints a picture of continued stagnation, with the current low level of sales persisting, and prices falling modestly […]

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More gloom for UK property market as demand and prices fall

16/12/2010

Published by Property Community on Tuesday, 14 December 2010 by Ray Clancy   The residential property market in the UK is likely to remain subdued in the coming months as lack of demand means prices are falling, the latest high profile real estate reports show. Surveyors’ expectations for property prices over the next three months […]

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