Applications to build houses across the UK rose in the last quarter of 2016, according to the NHBC. It said applications to build new homes between October and December 2016 rose 64 per cent from 15,879 to 26,078 compared with the same period in 2015. This was driven byRead More →

Ahead of today’s debate in the Commons, party leaders have agreed to proposals for interim changes to MPs’ expenses. Mortgage interest and rent claims will be capped at £1,250 a month, claims for furniture, cleaning and stamp duty will be banned, and they will not be allowed to flipRead More →

Low interest rates have boosted the investment appeal of buy to let, with agents reporting renewed interest in the sector. According to a recent survey conducted by the Association of Residential Lettings (ARLA), 75 per cent of agents reported a rental yield of 4 per cent of more, withRead More →

House prices in the UK plunged 15 per cent in the year to October, Halifax said yesterday, as tighter lending continued to deter first-time buyers. Britain’s biggest lender said prices fell 2.2 per cent last month and warned conditions ‘remain challenging’. Would-be buyers welcomed yesterday’s decision by the BankRead More →

David Cameron launched the ‘Great Conservative Fightback’ over the weekend, by announcing the first of a series of policies aimed at taking the momentum away from Labour. Stamp duty on properties worth up to £250,000 would be abolished for first-time buyers (meaning nine out of 10 first-time buyers wouldRead More →

Roof-mounted wind turbines and solar panels are ‘eco-bling’ that allow their owners to flaunt their green credentials but contribute very little towards meeting Britain’s carbon reduction targets, according to the Royal Academy of Engineering. Developers will waste millions of pounds installing such micro-generation devices unless the Government revises itsRead More →