http://www.n-eestates.co.uk en-gb n-eestates.co.uk 2012-2-22T00:00:00Z n-eestates.co.uk http://www.n-eestates.co.uk/page30.htm#113040 Home ownership hits lowest level since days of Thatcher 2012-2-22 16:25:20 http://www.n-eestates.co.uk/page30.htm#112484 Buy to let attracts new silver brigade looking to rent to move or boost pension 2012-2-14 15:50:24 http://www.n-eestates.co.uk/page30.htm#111701 Buyletmortgagedealsincrease100yearratesfall 2012-2-3 11:58:48 http://www.n-eestates.co.uk/page30.htm#111480 1in5landlordsboughtadditionalrentalpropertyin2011 2012-2-3 10:37:53 http://www.n-eestates.co.uk/page30.htm#111488 mortgageapprovalsindecemberremainstatic 2012-1-31 14:24:22 http://www.n-eestates.co.uk/page30.htm#110255 11 January 2012 BBC News httpwww.bbc.co.uknewsuk16502908 2012-1-11 17:30:00 http://www.n-eestates.co.uk/page30.htm#109837 2012-1-6 12:28:21 http://www.n-eestates.co.uk/page30.htm#109835 6th January 2012 The Independent The UKs average house price fell by 1.3 in 2011 after a monthly decline of 0.9 between November and December lender Halifax said today. With prices having held up well during the year the bank added that it was hopeful of a similar performance in 2012 if the UK can avoid recession. Halifax housing economist Martin Ellis said There is however considerable uncertainty regarding the prospects for the UK economy which will to a large extent depend on how events in the eurozone unfold. In addition the extent to which households choose to reduce their debts will also affect growth. As a result the outlook for house prices is also uncertain. The average house price at the end of 2011 stood at 163160063. with prices down 0.1 in the final quarter after falls in November and December offset a 1.2 rise in October. Mr Ellis added Whilst there was a modest fall overall in prices during 2011 with an annual decline of 1.3 in December house prices held up well... 2012-1-6 12:11:54 http://www.n-eestates.co.uk/page30.htm#109831 6th January 2012 This Is Money Lenders expect to offer a great range of mortgage deals to struggling firsttime buyers in the next few months but they will make them harder to get a survey showed today. The Bank of England said lenders were planning to launch more innovative deals on high loantovalue mortgages those where borrowers like most firsttime buyers have smaller deposits. But lenders also predicted that the credit scoring criteria for granting loans would be tightened in the first three months of this year meaning approvals would drop. While lenders expected credit availability to increase a little to the household and corporate sectors in the coming quarter the Banks apparently contradictory credit conditions report said factors such as the economic outlook and tighter wholesale funding conditions were expected to have a negative impact on credit availability. It said lenders were worried about the poor economy and falling house prices. Factors such as the cost and ... 2012-1-6 11:52:13 http://www.n-eestates.co.uk/page30.htm#108958 19th December 2011 This Is Money December is the optimum time for renters to find a new property according to research as the festive period creates a market slowdown which pushes down prices. Findaproperty.coms monthly property review found rental prices fell 1.5 per cent last month and are expected to fall again this month before rebounding in the New Year. Rental prices reached record highs earlier in the year peaking at 163890 per month for an average property in September equivalent to half the average households net earnings per month. However the festive period creates a small window of opportunity for those looking to find rented accommodation and wanting to secure favourable prices. The drop in rent is caused by landlords looking to avoid vacant properties over the Christmas period and tenant activity slowing down in the runup to the New Year. Monthly rents dipped in November for the fourth consecutive year according to the property website bringing the average asking ... 2011-12-19 16:14:48 http://www.n-eestates.co.uk/page30.htm#108429 9 December 2011 The Telegraph A parking space in central London costs more than a house in Middlesbrough new research has found. In a demonstration of the dramatic wealth gap between London and the rest of the UK ING Direct the mortgage company found that a parking space in the west London borough of Kensington and Chelsea is worth 16395800. This is 16313500 more than the 16382300 average price of a house in the northeastern town of Middlesbrough. ING Direct based its findings on a poll of 250 property surveyors who estimated that offstreet parking adds 10 per cent to the price of a property. Given that the average property in Kensington and Chelsea costs 163958000 the value of a parking space in this area is 16395800. Julian Hartley mortgage director at ING Direct said that for most Britons a parking space is a must. However he warned In central London locations where youll find some of the most expensive properties in the world a parking space will bring with ... 2011-12-9 13:41:56 http://www.n-eestates.co.uk/page30.htm#108358 2011-12-8 11:17:12 http://www.n-eestates.co.uk/page30.htm#108022 2nd December 2011 This Is Money Mortgage rates are set to soar as the Governor of the Bank of England warned the extraordinarily serious and threatening crisis in the eurozone is damaging Britain. The Banks financial policy committee said banks were facing higher borrowing rates and may try to pass this on within months resulting in a significant increase in lending rates. The sobering report came as governor Sir Mervyn King issued a dire warning about the threat posed to Britain by the euro crisis because our banks have more than 163500billion tied up in European institutions. Sir Mervyn said the situation was spiralling out of control and deteriorating conditions in the markets were characteristic of a systemic crisis. Faced with a crisis of the euro area system we are seeing at first hand the costs of financial instability he said. As a result the Banks governor Ordered UK banks to slash bonuses to staff and dividend payments to shareholders to help prevent financial d... 2011-12-2 16:31:32 http://www.n-eestates.co.uk/page30.htm#107843 30 November 2011 The Telegraph Middle class workers will be hit while the rich benefit after the Treasury announced changes to the capital gains tax regime. George Osborne froze the threshold for the tax next year. It would normally increase in line with inflation. As a result individuals selling shares or property they do not live in will only be able to make 16310600 before incurring the duty. The Governments own economic projections also published yesterday suggested that the freeze could continue until 2017. At the same time the Treasury announced a capital gains tax holiday for individuals who invest up to 163100000 in startup companies. Tax experts said that the changes would disproportionately hurt ordinary people while helping the rich. With the cost of living rising at five per cent a year the relative value of the 16310600 threshold is reducing all the time meaning that small investors will effectively lose money. Experts said that the decision would... 2011-11-30 12:15:30 http://www.n-eestates.co.uk/page30.htm#107842 29 November 2011 at 1002 BBC News UK house prices have remained surprisingly resilient in recent months with values rising again in November the Nationwide has said. It said the average home rose in value by 0.4 in November to 163165798. This was a 1.6 yearonyear increase according to the figures based on Nationwides own mortgage data. Meanwhile the number of mortgages approved for house purchase but not yet completed has risen slightly to its highest level for nearly two years. The Bank of England said there were 52743 approvals in October up from 51193 the previous month and the highest monthly total since December 2009. The fact that approvals last month were higher than the average for the previous six months suggests that sales may pick up slightly in the coming months. But Howard Archer at IHS Global Insight said A pick up in mortgage approvals in October and firmer house prices in November is highly unlikely to herald a significant sustainable upturn in the housing marke... 2011-11-30 12:11:29 http://www.n-eestates.co.uk/page30.htm#107715 guardian.co.uk Monday 28 November 2011 The property forecaster Hometrack has warned that 2011 could have the lowest level of housing turnover in 40 years for England and Wales as figures showed prices dipped again in November. Hometrack says 840000 sales are expected this year almost 50 lower than the figure for 2007. Its latest housing survey showed prices fell by 0.2 in November from the previous month following another 0.2 tumble in October. Prices are down by 2.3 year on year and have fallen every month since July 2010 apart from April this year when the market was flat with no change recorded. Hometrack said prices were being propped up by peoples reluctance to put their homes up for sale creating a scarcity of supply. Richard Donnell the director of research at Hometrack said 2011 looks set to register the lowest level of housing turnover for 40 years a trend which Hometrack expects to continue into 2012. An expected 840000 sales in 2011 is almost 50 lower than in 2007 ... 2011-11-28 17:25:26 http://www.n-eestates.co.uk/page30.htm#107524 Friday 25th November 2011 Sales to firsttime buyers have fallen to a threeyear low the NAEA reported this morning.The Associations market report for October claims that just 16 of overall sales made last month went to FTBs down from 22 in September. This is the biggest slump recorded by the NAEA in nearly three years December 2008 was the last time agents reported such a decrease when FTBs made up just 10 of the market.The number of house hunters registering at branches across the country also fell slightly with 305 per branch in October compared with 308 in September. Overall sales remained consistent across the property market in October claimed the NAEA with an average of eight per branch. Supply levels remained in line with figures in September with 72 properties available per branch. NAEA President Wendy EvansScott said This weeks housing strategy announcement from the Government is welcome news for firsttime buyers.But our latest figures show that despite reported ... 2011-11-25 17:38:30 http://www.n-eestates.co.uk/page30.htm#107521 Parliaments expenses body is consulting on proposals to allow MPs to keep claiming mortgage interest on second homes and claim lump sum allowances without receipts. The Independent Parliamentary Standards Authority says it is against both ideas and is simply inviting views. New MPs cannot claim for mortgage interest but those elected before 2010 can do so until August 2012. Ipsa is reviewing the scheme set up in the wake of the 2009 expenses scandal. Many MPs have complained that it is not working properly and a committee of MPs has been set up to review the legislation that introduced it. The main focus of the second annual review by Ipsa relates to staffing but the mortgage interest and allowance suggestions are among the most controversial.Second homes Under the old expenses system MPs were able to claim taxpayers money towards second homes. It was a key issue during the 2009 scandal when some MPs were accused of renovating properties at taxpayers expense before selling th... 2011-11-25 15:26:08 http://www.n-eestates.co.uk/page30.htm#107469 A group of Polish squatters have taken up residence in a 1631m home in one of Londons most affluent areas because rents are too high for them to afford to live in the area. The Telegraph 345PM GMT 24 Nov 2011 The six squatters moved in to the Victorian home in Highgate north London a fortnight ago. The home is located a short distance from homes owned by Kate Moss the model and actor Jude Law. They even put a sign up in the window stating that they are claiming squatters rights and do not intend to move until rents in the area fall. Figures show that rent for a five bed home costs about 1635000 a month. One 24yearold squatter told a local newspaper There are so many empty big buildings not in use its a big waste. We cant afford to pay rent in this area and have enough money to live on so squatting is the solution. The 1631m property is believed to be in the process of renovation. But locals say that builders downed tool... 2011-11-24 18:13:01