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 Unaffordable housing for key workersAccording to recent research from the Halifax, property has become unaffordable for the majority of Britain’s key workers, who include the police, nurses, teachers, social workers, and health care assistants. In 70% (363 out of 517) of towns across the country, property is now too expensive for key workers, up from 65% last year and just 36% five years ago. Read full story |
UK News
| Property prices peak in Brighton | "Inheritance tax is here to stay", reports NAEA | |
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| Brown resolves confusion over property tax abroad | Warmer weather, cooler property market this spring | |
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HIP initiative confirmed - In spite of protests from the NAEA (National Association of Estate Agents) to the proposed Home Information Packs scheme, the Department of Communities and Local Government confirmed that HIPs will become law on 1st June 2007. - 21st March 2007 10:19
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Demand for property outweighs supply in the South - Demand for houses in the South of England is outstripping supply, putting pressure on the property market and forcing house prices to rise considerably. - 8th March 2007 10:08
UK Coal sells property assets - UK Coal PLC is in negotiations with the biggest UK housebuilders and property developers about the sale of some of its property assets. - 5th March 2007 09:56
Demand for mortgages remains high in 2007 - In spite of all the negative press about higher borrowing costs, the UK's mortgage and property market have remained stable so far this year according to the British Bankers' Association. - 2nd March 2007 09:22
NAEA stands firm against Home Information Packs - In response to suggestions that the National Association of Estate Agents had submitted to the recent CLG Consultation on Home Information packs, Chief Executive Peter Bolton King maintained that the NAEA were critical of the scheme:. - 26th February 2007 09:42
January's interest rate rise hits property market - A survey carried out by the National Association of Estate Agents (NAEA), the UK’s leading professional body for estate agency personnel, revealed a steady increase in property sales after December’s slump, but expects the Bank of England’s January announcement of a quarter percent increase in interest rates to have a negative effect in February. - 19th February 2007 10:39
Mortgage lenders achieve record month - The Council of Mortgage Lenders (CML) has this week announced the highest borrowing figures on record for February. - 23rd March 2007 17:34
HIP initiative confirmed - In spite of protests from the NAEA (National Association of Estate Agents) to the proposed Home Information Packs scheme, the Department of Communities and Local Government confirmed that HIPs will become law on 1st June 2007. - 21st March 2007 10:19
Brits spend £20bn on overseas property - According to a report published in the Financial Times, Britons spent nearly £20billion on overseas property in 2006, with the average purchase price at an equivalent of £98,167. - 14th March 2007 10:17
Demand for property outweighs supply in the South - Demand for houses in the South of England is outstripping supply, putting pressure on the property market and forcing house prices to rise considerably. - 8th March 2007 10:08
UK Coal sells property assets - UK Coal PLC is in negotiations with the biggest UK housebuilders and property developers about the sale of some of its property assets. - 5th March 2007 09:56
Demand for mortgages remains high in 2007 - In spite of all the negative press about higher borrowing costs, the UK's mortgage and property market have remained stable so far this year according to the British Bankers' Association. - 2nd March 2007 09:22
NAEA stands firm against Home Information Packs - In response to suggestions that the National Association of Estate Agents had submitted to the recent CLG Consultation on Home Information packs, Chief Executive Peter Bolton King maintained that the NAEA were critical of the scheme:. - 26th February 2007 09:42
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