News
Property News
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Hertfordshire celebrates as housing figures scrapped 11th June 2010
Hertfordshire County Council is welcoming news that the government plans to scrap unrealistic housing development figures for the county. The news that the East of England Plan, the area’s Regional Spatial Strategy, is to be abolished means that proposals to build as many as 107,000 new homes... Read More
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Is it worth hanging on to your home? 11th June 2010
I nvestors and second home owners all over the country are dreading the expected news that Capital Gains Tax is set to rise which will be detailed in the forth coming emergency Budget. Recent reports have confirmed that the prospect of an increase has prompted a rush in owners to sell... Read More
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Government should do more says new research 3rd June 2010
New research reveals that the Government should be doing more to minimise the time people spend on council housing waiting lists and that if in need of council housing, those people asked said they would rather consider options that allowed them to rent from a private landlord. Fast Trak carried... Read More
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Rents start rising again 3rd June 2010
A lack of supply is pushing rents higher signalling a revival in the lettings market, says the latest RICS Lettings Survey The net balance of chartered surveyors reporting rising rather than falling rents rose from zero to 30 percent - a marked contrast to April last year when 58 percent more... Read More
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On your bike with Sky Rides 3rd June 2010
The London Festival of Architecture (LFA), the UK’s largest celebration of architecture taking place in the capital from 19th June to 4th July, has teamed up with Sky to get people on their bicycles with a host of guided tours across the city called LFA Sky Rides. Cycling is a major attraction at... Read More
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Millions use credit cards to pay household bills 3rd June 2010
A lmost 5million UK adults admit regularly using their credit card to pay household bills, new research from moneysupermarket.com has found, while a further 2.5million withdraw money using their cards according to the web site Money Supermarket Many people will find this reliance on credit... Read More
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Capital gains tax to increase 19th May 2010
The recent announcement by the new government has confirmed plans to increase Capital Gains Tax and less clear plans in the Tory manifesto set out changes to corporation tax as well, paid for with a cut in capital allowances .Capital gains tax will go up from 18pc to 40pc hitting everyone from... Read More
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Repossessions and mortgage arrears fall in first quarter 19th May 2010
The combination of low interest rates, signs of economic recovery, a more tolerant attitude from lenders and the measures introduced by the government has resulted in a further fall in the number of properties taken into possession during the first quarter of the year The number of mortgages in... Read More
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Hip hip hooray – hips to go 19th May 2010
News that the new Government is committed to abolishing Home Information Packs (HIPs) has been welcomed across the board by members of the property industry including key local estate agents. Necessity for the packs has been a controversial point right from their initial introduction with many... Read More
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General prospects for rental market are good 19th May 2010
Buy-to-let activity in the first three months of this year settled back to former levels, following a modest upturn in house purchase by investors at the end of last year triggered by the stamp duty holiday. Data published today by the CML shows as a result, the number of buy-to-let loans declined... Read More
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High growth green industry 13th May 2010
The UK’s green industries present a new growth opportunity for the economy with the global environmental market place currently worth £3.2 trillion and is growing at over 5% a year. The recent announcement that the Conservatives are committed to leading a ‘green technology revolution... Read More
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Reluctant landlords able to sell 13th May 2010
Void periods for rental property remain high but have stabilised, according to new figures from the National Landlords Association supplied by research consultants BDRC Continental. In March 2010, 52 per cent of landlords had experienced voids in the previous 12 month period. Although still posing a... Read More