The FSA, OFT and FOS are planning a new joint ‘Consumer Protection Committee’
Posts Tagged ‘residential housing’
Mortgage related insurance – Life Insurance
Wednesday, January 6th, 2010Residential property related insurance (part 2)
Monday, December 14th, 2009In 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
House prices just keep going up
Wednesday, December 9th, 2009
Thatcher, Thatcher house snatcher
Monday, December 7th, 2009
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
Average house prices rise
Saturday, November 28th, 2009According 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
Blockbuster
Friday, October 30th, 2009Visions 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
2% house price rise since last year
Friday, October 30th, 2009Nationwide 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
The Tale of the Fisherman’s Cottage
Wednesday, October 28th, 2009
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
Stamp Duty Holiday Extension, Government Dilemma
Wednesday, October 28th, 2009The 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.
Where now the housing market?
Thursday, October 22nd, 2009So, what of the UK housing market and where it may be going.
I am no fortune teller but some predictions just seem totally outlandish to me.
Now, just to get it out of the way, some people did see the property bubble bursting many years before it happened and some fewer people foresaw how it was tied in with a general economic downturn.
But now that has happened, it is a fact and it is already written in the history books. But well done to those who foresaw it and had the courage to speak out.
Now though we need to look to the future and ask ourselves what is realistically going to happen. …read more
What is the post budget future for the housing market?
Thursday, October 22nd, 2009Author: Dolphin
The budget is now a few hours old, so what does it mean to the future.
The biggest asset bubble of recent time, the housing boom, has been one of the major drivers in the recent boom. It has provided the economy with not just the cash, but also a very positive sentiment as house prices kept their seeming unstoppable upward trend. …read more
