Speaking at his fourth PM direct meeting in the Institute of Engineering and Technology in Birmingham, David Cameron signalled the end to council residents’ right to tenure for life.
At present once in a council house tenant can generally stay for life and has the right to pass the house on to children …read more
First an overview of last night’s leaders’ debate and that will lead into why I say house prices are set to stay relatively high.
The last leaders’ debate went pretty much as expected last night. Each protagonist was slicker, more relaxed and much more ready to attack the opposition.
But how did they fare overall? …read more
According to a new poll many young people, as many as 40%, are putting their future life plans on hold until house prices come down to affordable levels.
A YouGov survey, commissioned by the National Housing Federation (NFA), indicates that home ownership dreams have been shattered for many potential first time buyers. …read more
In part 1 (link below) I gave an overview of the types of brokers that are available for you to consult with about your residential property insurance needs as well as a general breakdown of insurance into Life and General Insurance products. …read more
Did Thatcher encourage us all to buy houses and then inadvertently rig the game so that we would have to sell them again? I ask this question because her home-owning revolution was launched at the same time as her service industry revolution. …read more
According to a report in The Daily Express the average house price has risen by £7,000 on the preceding 6 months. This equates to the price of a normal 3 bed semi-detached house rising from just under £153,000 to nearly £160,000.
This was welcomed by the property professionals as great news and as more evidence of a recovering housing market. They are saying that strong demand and weak supply has buoyed the market, which has lately brought more sellers in as they gain confidence from what they are seeing. …read more
of Armageddon can be quite entertaining. We all love a good disaster movie. To its credit, the blogoshere has skilfully identified its audience and marketed the mother of all calamity dramas.
Unfortunately, the stock and property markets have stubbornly refused to comply with the disaster movie script. It’s a fix! I hear you cry. Well yes, of course it’s a fix but the governments of the world do not consider it to be a fix. They see it as a white lie that will one day benefit us all. They might well be right. …read more
Nationwide saw another rise in house prices, making it the fourth month in a row. This actually eqautes to the first year on year increase in prices for 19 months. Prices on average are now 2% higher than they were this time last year. They are though very cautious about the future saying there will probably be some moderation over the coming months. But a four month upward trend is usually a good indicator of a more stable market. …read more
Do you recall this quaint fisherman’s cottage? It was advertised as close to a nature reserve and was a 3 bed-roomed opportunity not to be missed. But if you remember, the estate agent Geering and Colyer of the Countrywide Group, failed to point out one minor fact …… …read more
The stamp duty holiday extension on property valued at under £175,000, which came into effect on 3rd September 2008, will end on the 31st of December 2009. Many Estate Agents and first time buyers are worried that the extension will not exceed the December deadline.
