Nearly three-quarters of landlords are bracing themselves for an increase in the number of tenants falling behind in their rent according to the National Landlords’ Association (NLA). Most landlords thought that rent arrears will increase next year as the economic situation worsens and unemployment rises, and just over aRead More →
Social landlords in the 20 areas with the longest social housing waiting lists have bought only 20 properties between them through the government’s £200 million rescue package. Just four local authorities have bought any stock at the national clearing house programme set up in May this year to allowRead More →
Greg and Diane Horoski bought their home before the boom and, when house prices soared, increased their mortgage to finance a small business. Interest rates rose, health bills poured in, and then the housing market crashed so that they ended up owing thousands of dollars moreRead More →
Across England the average discount on a local authority home has fallen from 27 per cent in 1997/98 to 11 per cent in 2014/08, junior housing minister Iain Wright said in response to parliamentary questions. The trend was most dramatic in London, where the average discount was worth 53Read More →
A report into identifying and overcoming barriers in the delivery of zero-carbon homes by 2016 was released yesterday. The report found that people were unsure of the regulations, but a majority wanted the government to legislate for higher energy efficiency in homes. Read More →
HHSE has rereleased research showing that thousands of homeowners with high risk sub-prime mortgages could lose their homes before the end of summer, after a survey found that more than 22 per cent of respondents are struggling to pay their mortgage. More than 160,000 households are either struggling orRead More →
Britain is producing a generation of adults who are twice as likely as other Europeans to return to the family homes in their twenties. In the UK each year 4 per cent of those aged between 16 and 29 who have moved out of the family home return toRead More →
Hopes for a recovery in Britain’s housing market are rising again, according to a leading survey that predicts that property prices will rise over the next three months. The Royal Institution of Chartered Surveyors (RICS) will today say the balance of its members who expect prices to rise ratherRead More →
Guidance for developers and planners to ensure new properties are as flood-proof as possible were unveiled yesterday. Developments will need approval by an environmental agency before going ahead, and where buildings are located in a flood risk area developers should provide buyers with details of measures to reduce floodRead More →
The latest hike in interest rates could cost homeowners in Scotland an extra £100 a month warns HHSE Scotland. Home owners in London could have to shell out an extra £130 on a typical £125,000 mortgage, warns thisislondon. And things look set to get worse says the FT.Read More →