Right To Buy Council Homes Extended By Conservatives David Cameron has said that a future Conservative government would extend the right of council tenants to buy their own homes. The Prime Minister made the pledge as he launced the Conservative Party's Manifesto.
Mansion tax could cause panic in the London property market According to estate agents there is a problem at the upper end of the property market. Fears of a council tax has caused sellers of expensive homes to pause and consider the implications of moving to more expensive home.
Not enough homes are coming onto the market Rightmove have released new data to show that house prices have reached a new height as the average price of a home across the UK reached a new high of £286,000.
Halifax House Price Index Shows Increase In first Three Months House prices have increased by 2.6% in the first quarter of 2015 according to figures just released by the Halifax. This brings the average cost of a home across Britain to £193,000.
Property Market Enjoys A Spring Bounce The housing market started to bounce back in March with an increase in house sales according to figures releases by the office for national statistics. The figures show that sales increased by 17% but was still well below the 114,000 homes that were sold in October 2014.
Nearly a third of buyers aged 25 -34 use cash gifts from family More and more buyers are having to rely on the bank of mum and dad as well as other family members to scrape tpgether a deposit in order to buy a home.
Labour Party to build more council homes The Labour Party has now increased the number of new homes that it wants to build by 2020. This is an increase on the figure of building 200,000 new homes each year by 2020 that was announced earlier this year.
Council tenants suffer as bedroom tax and benefit cuts bite According to a report carried out by the independent newspaper more than 50,000 families have been quietly moved out of the capital because the government is unwilling to pay the high rents being charge in some London boroughs.
Pressure on first time buyers increases as prices pushed higher A new report to be issued by KPMG on Monday will show that a first time buyer in London needs to be earning at least £75k per annum if they want to buy a flat.
Pressure on buy to let landlords if Labour wins Housing experts have said that if elected a Labour government could wreak havoc on the buy to let market with new policies aimed at curbing rent increases and a raft of other policies that could cause real problems for Britains growing army of buy to let landlords.
Property market may seem election bounce as buyers return The Halifax has said that house prices have risen across the UK by 1.6% in April 2015 pushing the average cost of home across the UK to £196,500. The rise also means that we are on course to see prices rise by 8.5% for the current year.
Some estate agents are double charging fees Well it is a wheeze if you can get away with it but immoral as far as most of us are concerned but some estate agents have been getting away with charging buyers and sellers for the privilege of buying a home that is on their books.
New database will provide details of convicted landlords A new database is going to be set up with details of landlords that have been found guilty od an offence under the housing act 2004.
Private landlords now account for over £1tn worth of UK property according to the latest statistics.
The Council Of Mortgage Lenders (CML) has said that mortgage lending jumped in March after subdued couple of months caused by the slump over Christmas. The figures have been welcomed by estate agents and property experts who will want to see the rise in lending continue in order to stave off a downturn.
London' population is likely to exceed 10 million putting further pressureon house prices. House prices could double in 15 years
The UK's largest online property agency has told buyers that they should not put off buying a home because they house prices look as though they will be going up in the short term. There has been a unseasonal fall in house prices this year as buyers and sellers took fright at the possible outcome of the general election.
Number of tenants evicted reached six year high There has been a big increase in the number of families being evicted from council properties according to recent reports. County court bailiffs In England have said that there has been a rise in the number of families being evicted in the first quarter of 2015.
2021 will see the number of first time buyers shrink to 600,000 A shocking new report issued by a housing charity has suggested that the number of first time buyers that will be able to buy a home could shrink by a further 50% if the current housing crisis continues.
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