A Post Office survey showed that approximately eight million home borrowers paid on average £127 more in order to buy home insurance and life insurance offered by their mortgage provider.
About 10 percent of borrowers questioned admitted that they chose to do so because they thought it was compulsory, while 5 percent felt that their chances [...]

According to a recent study by Hometrack, annual house price growth reached 6.7 percent in May, after home price growth stood at 0.6 percent last month. Moreover, in a number of regions, such as north-west and Wales, home prices stagnated at £127,400 and £134,200 respectively. The north saw an increase of 0.1 percent, with an [...]

According to a recent survey by the Council of Mortgage Lenders, more than three thirds of young first-time buyers need their parents’ assistance when taking their first step on the property ladder. Research also points out that a quarter of young new buyers were able to buy their first home thanks to the financial help [...]

The government intends to adjust the current legislative frame related to home improvements. Consequently, changes such as conservatives, extensions or eco-friendly improvements will be carried out more easily. These improvements will no longer require planning permission, unless they interfere greatly with neighbouring homes.
The application process for planning permission will also be simplified, with common [...]

According to a survey by SmartNewHomes, new properties went up by about £1,700 on average over the last month. However, this translated into a slight increase of the annual average price – only 0.3 per cent.
The biggest rises were registered for town houses, which went up by 2.1 per cent, reaching an average price of £239,196. [...]

Although the initial plan was for the home information packs (Hips) to be introduced on June 1st 2007, the government postponed this date by two months. Following the legal action started by the Royal Institution of Chartered Surveyors (Rics), the new date for the introduction of Hips is now August 1st 2007, and it only [...]

Research shows that the record £8,307 rise in asking prices in April was followed by a slight rise of only £871 this month. Consequently, on average, the asking price in England And Wales Stands at £237,361. Because of this development, monthly property price inflation has also witnessed a drop, from April’s 15 percent to 13.1 [...]

In the last 12 months fewer new homes were started, which accounted for a 6 percent overall decrease, from 184,906 to 173,369. At the same time, there was a rise in the number of completions, which went from 163,398 to 167,691. This adds up to the 22 percent registered in starts and 26 percent recorded [...]

Recent surveys show that average rents went up by 6.5 percent in the first four months of the year, reaching £10,591 from their former level of £9,942. It seems that this trend is related to the increase in interest rates and the strong demand for rental accommodation on the market.

With a stable growth above six [...]

According to a report by the Royal Institution of Chartered Surveyors (RICS), house prices continued to increase in April. At the same time, the market continued to register more increases than falls, for the 18th month in a row.
The rise in property prices continues despite the increase in interest rates. With a slowdown unlikely anytime [...]