Housing market
Money News - Bringing the latest housing market news and property market news for the United Kingdom, UK |
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Money News |
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Southern home buyers "penalised" on stamp dutyThu 20th Mar 2008 Buyers of new homes in the south of the UK are paying £7,533 more in stamp duty than those in the north, according to the latest SmartNewHomes.com index. |
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CML: House purchase lending falls, but remortgaging approvals growThu 20th Mar 2008 The Council of Mortgage Lenders (CML) has announced that seasonally-adjusted gross mortgage lending stood at almost £29 billion in February, a slight decrease from the previous month. |
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Legal & General: Property still a 'worthwhile' investmentTue 18th Mar 2008 Legal & General has advised investors to continue to look at property as a worthwhile consideration, despite a recent downturn in the UK housing market. |
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Rics price guide 'could be useful' to storm victimsFri 14th Mar 2008 The Royal Institutions of Chartered Surveyors (Rics) has reminded homeowners that they can use its Property Makeover Guide Price booklet to assess the cost of storm damage to their buildings. |
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Halifax: Merthyr Tydfil sees highest house price risesFri 14th Mar 2008 A new survey from Halifax has revealed that the Welsh town of Merthyr Tydfil has had the highest property price growth per square metre since 2002. |
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Rics gives a mixed review of the BudgetThu 13th Mar 2008 The Royal Institution of Chartered Surveyors (Rics) has welcomed some of the chancellor's announcements in relation to the property market in yesterday's Budget, but has been critical of others. |
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Abbey mortgages: Stamp duty reform 'not enough'Wed 12th Mar 2008 Abbey National has welcomed the chancellor's plans to eliminate stamp duty for people who own less than 80 per cent of a property in a shared ownership scheme, but calls for more wide-ranging reforms. |
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RICS: House price falls at 'near historic' levelsTue 11th Mar 2008 The latest UK housing market survey from the Royal Institution of Chartered Surveyors (Rics) has revealed that house prices fell at "near historical levels" last month, while stock piles of housing rose to a level not seen for the last ten years. |
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House-purchase lending fallsTue 11th Mar 2008 The latest data from the Council of Mortgage Lenders (CML) has shown that the number of loans for house purchases continued to decline in January, falling 19 per cent from December to 50,300. |
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Halifax: Majority of first-time buyers in the south pay stamp dutyMon 10th Mar 2008 Halifax is calling on the government to raise stamp duty thresholds, as its latest research reveals that last year the average first-time buyer paid stamp duty in 99 per cent of local authorities in the south of the UK. |
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Rics predicts future bank rate cutsThu 6th Mar 2008 The Royal Institution of Chartered Surveyors (Rics) has commended the Bank of England's decision to leave interest rates untouched at 5.25 per cent, saying it is "appropriate" for the current economic circumstances. |
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Halifax: House prices fell in FebruaryThu 6th Mar 2008 The latest Halifax House Price Index has revealed that house prices fell by 0.3 per cent last month, after prices in the three months leading up to February were 0.2 per cent higher than in the previous quarter. |
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JRF calls for safety net for at-risk homeownersWed 5th Mar 2008 A report published today by the Joseph Rowntree Foundation recommends creating a safety net for homeowners who may be at risk of repossession. |
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Abbey Mortgages: First-time buyers getting cold feetWed 5th Mar 2008 New research from Abbey Mortgages has revealed that almost two-thirds of first-time buyers are delaying moving into the property market, amid concerns over house prices and the future of the economy. |
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CML calls for reform of stamp dutyTue 4th Mar 2008 The Council of Mortgage Lenders (CML) has called for a reform of stamp duty, in order to promote buyer confidence in a struggling housing market and ensure that first-time buyers are not impeded by taxation. |
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Estate agents call for interest rate reductionTue 4th Mar 2008 The National Association of Estate Agents (NAEA), the UK's leading professional body for estate agency personnel, has called for a reduction in interest rates. |
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House price declines set to 'persist'Fri 29th Feb 2008 The Royal Institution of Chartered Surveyors (Rics) has said that it expects house prices to continue to fall "for a while to come". |
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Nationwide: House price growth continues to slowFri 29th Feb 2008 UK house prices have fallen for the fourth consecutive month, brining the annual rate of house price inflation down to 2.7 per cent, the lowest level since November 2007. |
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Firstrung: House price correction good for first-timersFri 29th Feb 2008 The chief executive of Firstrung has suggested first-time buyers have everything to gain from a house price correction. |
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Cooperative: White leads the way for house-huntersThu 28th Feb 2008 Research from Cooperative Bank has found that 29 per cent of Brits prefer white front doors, while 20 per cent favour red and one in six would go for a blue entrance. |
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