August 14, 2008 on 9:11 am | In News | No Comments
With economic data suggesting that rates are going to come down sharply next year, those who don’t need to fix should opt for a tracker, according to Charcol. Mortgage Introducer – 14 August, 2008 “To say the mortgage market has been an enigma of late would be an understatement of epic proportions. With news, most [...]
August 14, 2008 on 9:00 am | In News | No Comments
BRC and BPF dubious over London mayor’s pledge to support small shops Business leaders last week questioned London mayor Boris Johnson’s pledge to support independent and small shops. Laura Chesters, Property Week – 8 August 2008 Property and retail bodies were reacting to Johnson honouring his election pledge to support London’s small businesses and outlined [...]
August 14, 2008 on 8:57 am | In News | No Comments
A controversial tax on empty properties will hit businesses, halt development and see a wave of existing buildings demolished in the face of huge tax bills, said the BPF today. Deirdre Hipwell, Property Week – 11 August 2008 It warned today that businesses occupying commercial premises are being hit hard and taking at least 50% [...]
August 14, 2008 on 8:53 am | In News | No Comments
Tensions between the Treasury and the Bank of England mounted yesterday as Mervyn King, the Bank’s Governor, abruptly dismissed measures being considered by Alistair Darling to end the mortgage drought. Gary Duncan, Economics Editor, The Times – 14 August 2008 Mr King signalled his strong opposition to a move being examined by the Chancellor to [...]
August 13, 2008 on 11:54 am | In News | No Comments
Bank of England Governor Mervyn King has warned that next year will be a ‘painful’ one for Britain as the slowdown in the housing market deepens and the cost of living rises further. Angela Monaghan, The Telegraph – 13 August 2008 Its long-awaited quarterly Inflation Report provided gloomy reading with the Bank now expecting the [...]
August 11, 2008 on 10:19 am | In News | No Comments
More than one in ten buy-to-let tenants are in rent arrears due to rising costs of living. According to research by AXA, the number of private renters slipping into arrears because of rising rent is increasing. 13 per cent of renters have gone into arrears in the past 12 months, with over half of these [...]
August 11, 2008 on 10:11 am | In News | No Comments
LANDLORDS claim they are missing out on cash because of changes to the way housing benefit is paid. New national rules mean that benefit payments are made to tenants, rather than directly to landlords. Mirfield Reporter – Money 11 August 2008 Malcolm Harrison, who rents out 12 properties in the area, said he has had [...]
August 11, 2008 on 10:07 am | In News | No Comments
House prices are of little interest to a generation of mobile workers with no desire to put down roots All comments (9) Peter Preston, The Guardian – Monday 11th August 2008 The best-selling action hero of the 21st century – Lee Child’s ex-military cop Jack Reacher – has no home and no baggage. He roams [...]
August 11, 2008 on 10:02 am | In News | No Comments
A sharp increase in demand for rented accommodation in the UK is good news for buy-to-let investors as it appears to be an upward trend. But tenants are also coming under financial pressure, facing higher energy bills and worried about being able to pay their rent, new research shows. According to estate agency Your Move [...]
August 8, 2008 on 2:17 pm | In News | No Comments
Each month several house price surveys are published which draw together data from recent sales and show which way the market has been moving. Off the back of these, housing market commentators make predictions about where house prices will move next. This page brings together their latest forecasts. The Guardian.co.uk – 8 August 2008 HBOS: [...]
