Independent Financial News Network
Wednesday 10th of March 2010

Home Move


Home Move Property News

Home Move is an information portal providing news, helpful advice, blog, and discussion forum covering all aspects of the UK property market.

Sectors covered include property prices, buying &selling property, buy-to-let, mortgages, and overseas property.

The site is developed to be a useful reference for anyone looking for further information on any aspect of the UK property market.

Website: Home Move: Property News

Latest Property News Headlines:

  • First-time buyer numbers continue to dwindle
  • According to property website, Rightmove, the proportion of people who plan to buy a home who are first-time buyers has fallen for the second quarter in a row to almost 26%.
    Rightmove said the situation is worse in Scotland, where only one fifth of people planning to buy a home in the coming year are first-time [...]]]>

  • Rics: Balance between buyers and sellers shifts
  • According to the Royal Institution of Chartered Surveyors (Rics), there appears to be a shift in the housing market.
    In the latter half of last year, house prices started to rise as a shortage of properties on the market and high demand from buyers pushed up prices.
    However, this may be changing after new instructions outpaced [...]]]>

  • Landlords support FSA regulation of buy-to-let finance
  • Most of the UK’s landlords support stronger regulation of the buy-to-let lending sector, according to a survey conducted by LSL Property Services.
    Buy-to-let loans have so far been excluded from Financial Services Authority (FSA) regulation because they have been seen as investment finance.
    However, a study by the letting agents’ network suggests that 60% of landlords are [...]]]>

  • Mortgage availability increases over the past month
  • According to financial information service, Moneyfacts, the number of mortgage products have increased over the past month.
    The news will undoubtedly be welcomed by first-time buyers - many of whom have been locked out of the market as a result of having little or no deposit.
    At the start of this month, there were 1,798 mortgage [...]]]>

  • Bovis Homes FY profits meet expectations
  • Housebuilder Bovis Homes has today announced it has returned to profit as the housing market recovered in the latter half of last year.
    The group said full-year results were in line with forecasts and posted a 2009 pre-tax profit of £4.8 million, against a £78.7 million loss in the previous year.
    The housebuilder said the recovery of [...]]]>

  • Belgravia square retains its title as most expensive place to live
  • Research by housing information website Mouseprice.com has found Chester Square in London’s Belgravia retained its status as the most expensive place to live in 2010 with an average property value of £6.6 million.
    According to Mouseprice, in the last year alone, prices have surged by £300,000 in Chester Square, whose previous residents include former Prime Minister [...]]]>

  • Landlord lending restrictions risk housing shortage
  • Asking rents rose by 1.2% in February and the news has prompted LetAssured managing director, David Plaister, to warn that a severe housing shortage looms if buy-to-let lending restrictions are not lifted.
    According to the latest index from FindaProperty.com, the average UK rent stood at £814 pcm last month, the number of properties available having [...]]]>

  • Supermarket giant branches out into estate agency market
  • Supermarket giant Tesco is back in the property market through estate agency Spicerhaart.
    Spicerhaart has launched an online estate agency service with the backing of Tesco and the new website is called iSold.com - initially targeted at sellers and buyers in Bristol.
    Steve Shore of iSold said: “We are offering a full estate agency service without the [...]]]>

  • Halifax reports 1.5% fall in house prices in February
  • The Halifax has today revealed a 1.5% fall in house prices for the month of February compared with January.
    However, on an annual basis, house prices are still 4.5% higher than a year ago, while the average UK home costing £166,587.
    According to the Halifax, which is now owned by the Lloyds Banking Group, it was [...]]]>

  • CML: Home ownership continues to fall
  • According to the Council of Mortgage Lenders (CML), home ownership in the UK continues to fall - as a result of affordability pressures and a shortage of new homes.
    During the 10-year period, 1999 and 2009, the number of new homes built each year has been between 130,000 to 170,000.
    However, according to estimates from the [...]]]>