- RICS survey suggests market is improving
Though the UK remains mired in recession, the latest survey from the Royal Institution of Chartered Surveyors (RICS) shows signs that the property slump may be easing. The drastic measures taken by the Bank of England to battle the recession, including cutting the basic interest rate to 0.5% and pumping money into the economy through the purchase of government bonds, seem to be having a stabilizing effect on the housing market.
(Filed: Sat Apr 18 2009)
- People improving not moving
The amount of money people spent on home improvements last year reached a massive £16.6 billion, reflecting a £2.5 billion increase over the past decade – and as the coming Easter weekend is traditionally one of the most popular times to do DIY and more people stay closer to home due to the credit crunch, this figure is expected to increase even further…
(Filed: Fri Apr 10 2009)
- BIG YELLOW SELF STORAGE HELPS NATION REALISE £38 BILLION EARNING POTENTIAL!
Households across the UK could be making up to a whopping £38 billion* a year, just by storing excess clutter to rent out a room. That equates to over £3 billion a month based on average rental incomes across the UK. It could mean an extra personal income of as much as £320 a month or £3,840 a year per household! It’s time to get the junk out of the spare room to make some money, according to findings from self storage experts Big Yellow Self Storage.
(Filed: Tue Apr 07 2009)
- House prices fall across the UK in first quarter
The latest quarterly house prices index from Nationwide shows that house prices in all of the UK suffered double-digit falls over the past year. The average house price stands at £149,709, an annual percentage fall of 16.5% and a quarterly fall of 4.2%. The most expensive region remains London, while Scotland registered the smallest annual price fall.
(Filed: Fri Apr 03 2009)
- New measures for HIPs to benefit consumers
In a move aimed at improving the accessibility and usefulness of the much-maligned home information packs (HIPs) to buyers, new rules are to take effect in April that require vendors to have a HIP in place before putting their property on the market.
(Filed: Fri Mar 20 2009)
- Survey Reveals Lack of Confidence in UK Property System (91% would use a “Buyers’ Agent”)
A recent survey commissioned by the Association of Property Finders and Buyers Agents (APFBA) highlights a requirement for more clarity in the role of UK estate agents when dealing with both sellers and buyers to avoid conflicts of interest. It also suggests that the need for buyers to be represented properly has never been so apparent if confidence is to be restored.
(Filed: Fri Mar 20 2009)
- PRIVATE SECTOR LANDLORDS
The Residential Landlords Association has formed a three-man team of environmental health and housing consultants to strengthen its work with local and central government.
(Filed: Mon Mar 16 2009)
- New HIPs Law to Help Private Sellers
New HIP laws will make selling property privately easier, by forcing sellers to prepare in advance of the first enquiry, which comes quite quickly when you advertise
(Filed: Fri Mar 13 2009)
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