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News archive


By month: July 2007

Landlords plan to double portfolios

31-Jul-07

Landlords are confident that they will see their portfolios double in the next five years.Research by the Mortgage Trust shows that rising interest rates and house prices are not putting off investors from purchasing more properties.In fact, most expect t

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House prices 'to double' despite slowdown

31-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.The average house price in the UK will double within the next 18 years despite house price inflation being set to slow until the end of 2009, the Centre for Economic and

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Long-term mortgages not attracting borrowers

31-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.People considering buying an investment property in London or elsewhere in the UK are not keen on taking out a 25-year fixed-rate mortgage.According to research by Abbey

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Row over Hips introduction

30-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.A leading Conservative politician has slammed the government over the imminent introduction of Home information packs (Hips).Shadow secretary of state for local governme

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London prices boost the market

30-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.House prices in England continue to be driven by London sales.The latest monthly House Price Index to be released by the Land Registry shows that the capital saw prices

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East London 'offers longer-term investment'

27-Jul-07

Landlords with investment properties in London looking to move into the east London market in order to capitalise on the benefits brought by Olympic Games regeneration should look to the long-term for stronger returns, Hometrack has suggested.The property

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Home renovations 'viable alternative to house buying'

27-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.The increasingly common practice of householders renovating their homes instead of moving up the property ladder represents a genuine alternative, it has been suggested.

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London tops mortgage market

27-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.Over a third of the entire adult population of London will take out a new mortgage over the course of the next three years, new research from mform.co.uk shows, underlin

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East London investment 'a long-term prospect'

26-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.Investment in the East London property market could reap rewards in the long term but is less likely to do so within the next three years, it has been suggested.Hometrac

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House price growth slows in July

26-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.House price growth fell to its lowest level since April 2006 this month, with annual price inflation dropping just below ten per cent, according to the latest Nationwide

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Country house market echoes London trends

25-Jul-07

Prices of country houses rose by 3.3 per cent in the second quarter of the year, new research reveals, with the sub-sector breakdown showing several similarities with the London market.The Knight Frank study shows that manor houses are at the head of pric

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Online properties 'could avoid Hips'

25-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.Online property sales could be exempt from Home information packs (Hips), it has been suggested, following the discovery of a loophole in Hip regulation.Citywire has sai

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Buyers 'likely to be put off by estate agents'

24-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.Almost three in every four home buyers are most likely to be put off from a purchase by rude sellers or estate agents, a new study has revealed.Nationwide research inves

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House prices 'push UK value to £6.5 trillion'

24-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.Capital appreciation on property in Britain has meant that the hypothetical cost of buying the UK on the free market rose by £326 billion in the 12 months to the en

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Buyers 'will not pay for Home Condition Reports'

23-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.Prospective homeowners will not pay for Home Condition Reports now that the government has made them an optional part of its Home information pack (Hip) roll out, it has

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Parking 'increasingly important to Britons'

23-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.A safe reliable parking spot is becoming an increasingly important factor in Britons' home purchasing decisions, it has been suggested, with the elderly more likely to p

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Average London house price 'now over £300k'

23-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.The average price of a home in London now stands at over £300,000, according to a new quarterly index, with the capital again playing host to the largest price incr

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Interest rate rises may now be over

20-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.The release of the latest sets of economic data have led to a number of commentators advising that further interest rates may now no longer be necessary.The pound's cont

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London to head 2007 growth rates

20-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.UK homeowners with investment properties in London, most of whom will already be experiencing record levels of growth, have received a further boost with the news that t

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Mortgage lending hits new heights

19-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.Gross mortgage lending rose to the highest level on record in June, the Council of Mortgage Lenders (CML) has announced, but further growth is more likely to reflect a c

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House price growth rises to 11 per cent

19-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.The annualised rate of house price growth rose to 11 per cent in June as more buyers came to market and the availability of houses for sale by owners increased due to bo

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Hips 'should be rolled out for three bedroom homes'

18-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.Hips should be rolled out for properties with three or more bedrooms following new figures showing that government requirements have almost been reached, the Association

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New homeowners 'not checking properties'

18-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.Many prospective homeowners are so keen to get onto the property ladder that they are neglecting to adequately check their new homes before purchase, AA Legal Services h

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Social housing 'to play a key role' in new govt targets

17-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.Gordon Brown's plans to build three million new homes in the UK by 2020 will not ignore the need for more social housing, it has been advised.Acknowledging that the rate

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Mortgage applications still on the increase

17-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.Mortgage applcations have risen by 12 per cent over the past 12 months, new research has suggested, highlighting the fact that borrowers are not being put off by higher

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House price growth still strongest in London

17-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.House price growth in London reached 14.5 per cent in May, it has been revealed, demonstrating how houses for sale by owners are still managing to produce sizeable retur

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Buy to let investors still reaping rewards

16-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.Buy to let investors are continuing to capitalise on the booming sector, new figures show, with both returns and house prices showing strong year-on-year growth.Research

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Homeowners 'to pay over the odds for extra bedroom'

16-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.Despite rising house prices and a series of recent interest rate hikes, only a quarter of homeowners say that such factors are dissuading them from moving up the propert

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Homeowners 'dissatisfied' with residences

16-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.A significant proportion of homeowners are unhappy with the state of their homes and are looking to trade up as soon as possible, according to new research.Savills' UK H

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Estate agent practices slammed

13-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.Many estate agents in London are advertising properties that have either already been sold or were not even up for sale in the first place, it has been advised.According

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Interest rates no barrier to UK house price growth

13-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.Further analysis of house price trends across the UK have indicated that the rate of growth is continuing to accelerate despite predictions to the contrary.Research prod

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Annual price growth in London reaches 34.5%

13-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.London saw house price growth of 3.1 per cent in June, pushing the annualised rate of inflation to 34.5 per cent, according to the latest residential research.The Knight

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Riba unveils new planning recommendations

12-Jul-07

The Royal Institute of British Architects (Riba) has published a report assessing governmental planning achievements, the organisation has announced, with a number of recommendations for the future also being unveiled.Riba hails government work on initiat

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Price growth slows but London remains strong

12-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.London remains the best place in the UK for property investment, a new study from the Royal Institution of Chartered Surveyors (Rics) implies, despite a fall in price gr

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Competition boost for buy to let mortgages

11-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.Increased competition among mortgage lenders looking to take advantage of the burgeoning buy-to-let sector has meant that rates on tailored products are now highly attra

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Britons moving home every four years

10-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.The average Briton moves home as much as once every four years, new research has suggested.Recent studies have suggested that a growing number of Britons now see propert

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Housing boom encouraging business start-ups

10-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.Continued house price rises over the past few years have helped fuel an increase in the number of businesses being started from scratch by Britons, it has been revealed.

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Quarterly figures emphasise strong London market

10-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.The latest set of house price figures have once again found that London is leading the way when it comes to price inflation in the UK, with annual growth in the capital

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Hips tactics dismissed

10-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.Suggestions that homeowners looking to avoid paying for a Home information pack (Hip) will be able to get around the system by marketing their fourth bedroom as a study

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Call made for estate agent clampdown

9-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.A Conservative party spokesman has said that more measures should be taken to clamp down on rogue estate agents who consciously break the law.Speaking in Parliament at t

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Rap star 'looking to buy London property'

9-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.A leading US rap star looks set to follow in the footsteps of other musical celebrities such as Madonna by taking advantage of London's burgeoning property market, it ha

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More people 'looking at property as an investment'

6-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.The majority of Britons now see their property as a 'halfway house' that they increasingly view as an investment rather than an integral part of their lives, it has been

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Deposits 'becoming less attractive to landlords'

5-Jul-07

Some landlords are now avoiding requesting deposits from new tenants because of the intricacies involved in complying with the new Tenancy Deposit Scheme (TDS), it has been suggested.The government scheme was introduced in April but has been a "failu

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Rate rise 'is good for buy-to-let sector'

5-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.The Bank of England's decision to raise interest rates to 5.75 per cent today is a move that will benefit the investors in the buy-to-let sector, it has been suggested.U

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London house prices 'up 0.7% in June'

5-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.House prices in London rose by 0.7 per cent in June, the latest research reveals, with the average property now costing £266,710.The figures from haart estate agent

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Top-end London market 'avoids slowdown'

4-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.Top-end investment properties in London are avoiding the slowdown that is beginning to take hold of the rest of the country, it has been suggested.Property firm Savills

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Annual house price inflation up again in June

4-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.The annual rate of house price inflation rose by 0.1 per cent to 10.7 per cent in June, it has been advised, though the pace of growth has slowed slightly, according to

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'Half of all homeowners' oppose Hips

3-Jul-07

The forthcoming introduction of Home information packs (Hips) is opposed by half of all homeowners, it has been suggested, with an even greater number prepared to lie in order to avoid the costs associated with the packs.Research from Saga Home Insurance

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Homebuyers heading online

3-Jul-07

Longer working hours and a subsequent lack of free time mean that more and more prospective homeowners are looking online for their property purchases, it has been advised.Housebuilding firm Persimmon has said that it has seen a greater interest in online

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London rental growth breaks new records

2-Jul-07

News bought to you by privateHQ.com, specialists for private property sales in London.Rental growth in London broke new records over the last month, with prices in the rental sector reaching their highest level since 1999, it has been revealed.Research fr

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Rental returns rising across the UK

2-Jul-07

Rents rose for the sixth month in a row in May as increased demand continued to drive the market onwards, it has been revealed.According to mortgage lender Paragon, the average annual rent in England and Wales stood at £10,702 last month, representin

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