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The Government is considering granting stamp duty concessions on bulk buying of property to encourage institutional investors to become professional landlords. In a consultation document issued yesterday, the Treasury said that it would also study ways to boost residential property investm
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The Government is planning to set up a new website, similar to travel website TripAdvisor, on which tenants can post their views on their landlord and their accommodation. It also intends to set up a new housing hotline offering advice to tenants who are having problems with their l
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The number of mortgages approvals dipped slightly in December, new figures show, marking the first decrease in a year. A seasonal fall in numbers saw a total of 59,023 loans approvals for house purchases during the month, down from 60,045 in November. Economists had forecast another rise, up
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You can have your own home, but the deposits demanded from young buyers are soaring Are first-time buyers doomed to be locked out of the housing-market recovery? With prices rising in all regions, according to Hometrack, and the UK now out of recession, many homeowners believe that th
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The rate of house price increases could soon rise above 10% a year, the Nationwide building society has said. Its latest survey shows that the average UK house price rose by 1.2% in January, pushing the annual rate up to 8.6%. It means the average UK home now costs £163,481. Separatel
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Houses are less affordable than 50 years ago although the quality of homes has improved, according to the Halifax. The lender, now owned by Lloyds Banking Group, said that over the last five decades UK house prices have risen by 2.7% a year, allowing for inflation. This was above the 2% an
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The pace of house price increases slowed at the end of 2009, the Royal Institution of Chartered Surveyors (Rics) has said. Its survey for December found that 30% more surveyors saw prices rise than fall during that month. However, the positive balance was lower than in either October or No
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Landlords and their tenants have could increasingly find that household energy is unaffordable, it has been claimed.USwitch.com commented on a report released yesterday (January 21st) by Ofgem, which said that there were worrying trends in this area.Average debt for energy bills was continuing to se
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