London Rental Property News for April 2010

Rathbone Market planning permission granted

Rathbone Market planning permission granted

Planning permission to build a £180 million market in Canning Town has been granted.

Read Article ... Published on 30th April, 2010

Stamp duty benefit for first-time buyers "overestimated"

Stamp duty benefit for first-time buyers "overestimated"

A property expert has claimed that the effect of the stamp duty holiday for first-time buyers has been "overestimated".

Read Article ... Published on 30th April, 2010

Mortgage customers 'less satisfied' with government-backed banks

Mortgage customers 'less satisfied' with government-backed banks

Government-backed banks trail commercial rivals in terms of customer satisfaction, according to a survey.

Read Article ... Published on 30th April, 2010

Cheap mortgage 'available to buyers with big deposits'

Cheap mortgage 'available to buyers with big deposits'

First-time buyers are learning that the cheapest mortgage deals on offer today can only be achieved with a large deposit, according to one broker.

Read Article ... Published on 30th April, 2010

First-time buyers 'should have mortgage exam'

First-time buyers 'should have mortgage exam'

The chairman of a debt charity has suggested that mortgages should only be given to first-time buyers who pass an exam.

Read Article ... Published on 29th April, 2010

Increase in house prices

Increase in house prices

Potential buyers may be alarmed by new figures that revealed an increase in property prices.

Read Article ... Published on 29th April, 2010

Mortgage market 'losing momentum'

Mortgage market 'losing momentum'

A financial expert has suggested that the housing market had lost any momentum from the last year after new figures revealed a slight increase in the number of home loans.

Read Article ... Published on 28th April, 2010

Mortgage lending will remain "muted"

Mortgage lending will remain "muted"

Mortgage lending in the UK has remained subdued despite the cost of home loans dropping, according to new research.

Read Article ... Published on 28th April, 2010

First-time buyers 'disappearing from market'

First-time buyers 'disappearing from market'

Fewer first-time buyers are purchasing home loans in the UK, according to new figures.

Read Article ... Published on 28th April, 2010

Retired people 'still paying off mortgage debt'

Retired people 'still paying off mortgage debt'

More than a quarter of retired people in the UK are paying off a mortgage or another form of consumer debt, according to research.

Read Article ... Published on 27th April, 2010

CML: Housing market 'unlikely to change'

CML: Housing market 'unlikely to change'

First-time buyers might be affected by a prediction from one of the UK's leading mortgage bodies that the housing market is unlikely to see a lot of movement in the near future.

Read Article ... Published on 27th April, 2010

Buyer 'uncertainty remains' for housing market

Buyer 'uncertainty remains' for housing market

House sellers are outpacing demand from buyers, according to new research.

Read Article ... Published on 27th April, 2010

First-time buyers' mortgage situation "changed significantly"

First-time buyers' mortgage situation "changed significantly"

The situation surrounding mortgage affordability facing first-time buyers in the UK has changed, according to a finance research specialist.

Read Article ... Published on 27th April, 2010

Dulwich: Desirable and affordable London living

Dulwich: Desirable and affordable London living

Background

Read Article ... Published on 26th April, 2010

Walthamstow: Up and coming London

Walthamstow: Up and coming London

Background

Read Article ... Published on 26th April, 2010

New figures show UK property price rise during 2009

New figures show UK property price rise during 2009

Property prices increased in the UK last year, according to new figures.

Read Article ... Published on 26th April, 2010

Mortgage liquidity 'needed to improve the market'

Mortgage liquidity 'needed to improve the market'

A Liberal Democrat proposal to place VAT on new-build property will do little to help the potential first-time buyers, according to an expert.

Read Article ... Published on 26th April, 2010

Stamp duty measures 'will have modest impact'

Stamp duty measures 'will have modest impact'

One of Britain's biggest mortgage bodies has criticised Labour and Conservative pledges on stamp duty relief for first-time buyers, claiming it will have a "modest impact".

Read Article ... Published on 26th April, 2010

House prices 'rise ten per cent in a year'

House prices 'rise ten per cent in a year'

House prices will have risen by almost ten per cent in the last year, according to reports in a national newspaper.

Read Article ... Published on 26th April, 2010

Election policies 'do little for first-time buyers'

Election policies 'do little for first-time buyers'

The three main political parties are not doing enough to help first-time buyers in their election manifestos, according to one property writer.

Read Article ... Published on 23rd April, 2010

London buyers 'will pay 2007 prices'

London buyers 'will pay 2007 prices'

Londoners looking to own their own homes are being warned that property valuations are creeping up, despite long-term concerns in the industry.

Read Article ... Published on 23rd April, 2010

First-time buyer numbers lowest for two decades

First-time buyer numbers lowest for two decades

Fewer first-time buyers took out a mortgage during the past year than at any time in the past two decades, according to new figures.

Read Article ... Published on 22nd April, 2010

Mortgage lenders 'more reluctant'

Mortgage lenders 'more reluctant'

A property expert has said that figures that revealed the number of first-time buyers had dropped to its lowest leveel in 20 years was unsurprising.

Read Article ... Published on 22nd April, 2010

London keyworker housing scheme halted

London keyworker housing scheme halted

An initiative to build affordable homes for London keyworkers has been halted by the quango which owns the land.

Read Article ... Published on 22nd April, 2010

Chelsea barracks plans unveiled

Chelsea barracks plans unveiled

The owners of the Chelsea barracks site have unveiled a "masterplan concept" to for its redevelopment.

Read Article ... Published on 21st April, 2010

Long-term mortgage problems 'remain'

Long-term mortgage problems 'remain'

The UK mortgage market has hardly changed despite a 24 per cent increase in lending activity, according to a property expert.

Read Article ... Published on 21st April, 2010

International competition to design 'New Aldgate' for 2012

International competition to design 'New Aldgate' for 2012

A new competition has been unveiled to encourage architects from all over the world to design a New Aldgate landmark which will stand for the duration of Olympic year.

Read Article ... Published on 19th April, 2010

Affordable housing crisis 'could hurt first-time buyers'

Affordable housing crisis 'could hurt first-time buyers'

First-time buyers will see vital support disappear, based on forecasts from two UK housing bodies about the market for affordable homes.

Read Article ... Published on 20th April, 2010

Mortgage prices 'will increase soon'

Mortgage prices 'will increase soon'

House buyers may face a race against time to buy a house at a reasonable price, according to a property expert.

Read Article ... Published on 20th April, 2010

House prices increase, survey shows

House prices increase, survey shows

House prices in the UK have risen by 2.6 per cent, according to new figures.

Read Article ... Published on 19th April, 2010

Tenants staying longer in rented property

Tenants staying longer in rented property

Tenants are staying in private rental homes for longer in the UK, according to one letting agent.

Read Article ... Published on 19th April, 2010

Housing market 'unlikely to change' despite first-time buyer interest

Housing market 'unlikely to change' despite first-time buyer interest

An increase in first-time buyer interest is unlikely to bring any chance to the UK property market, according to one expert.

Read Article ... Published on 16th April, 2010

Lords' redevelopment moves a step closer

Lords' redevelopment moves a step closer

Lords' Cricket Ground could be a step closer in its plans to make the site a popular attraction for cricket fans and residents alike.

Read Article ... Published on 16th April, 2010

Young people in London 'expect ten-year wait to afford a home'

Young people in London 'expect ten-year wait to afford a home'

Young people wanting to buy a property in London are expecting a wait of at least ten years, according to new research.

Read Article ... Published on 15th April, 2010

Government first-time buyer support "essential"

Government first-time buyer support "essential"

First-time buyers need more help from central government to secure a property in current market conditions, according to one expert.

Read Article ... Published on 15th April, 2010

Interest-only mortgage increase 'could hinder first-time buyers'

Interest-only mortgage increase 'could hinder first-time buyers'

Halifax's interest-only mortgages, which are popular with first-time buyers, have become more expensive.

Read Article ... Published on 15th April, 2010

RICS: Housing market demand outstripping supply

RICS: Housing market demand outstripping supply

Housing market demand will continue to outstrip supply for potential buyers, according to Britain's leading surveying organisation.

Read Article ... Published on 14th April, 2010

Interest-only mortgages 'need urgent review'

Interest-only mortgages 'need urgent review'

A leading property expert has called for people who have taken out interest-only mortgages to urgently review their repayment situation.

Read Article ... Published on 14th April, 2010

Hung parliament 'worst outcome' for property market

Hung parliament 'worst outcome' for property market

A hung parliament resulting from the forthcoming general election will be the worst eventuality for the UK property market, according an independent estate agent.

Read Article ... Published on 13th April, 2010

Hung parliament could affect house buyers

Hung parliament could affect house buyers

A potential hung parliament could bring problems for house buyers, according to a UK mortgage broker.

Read Article ... Published on 13th April, 2010

First-time buyer stamp duty benefits remain questionable

First-time buyer stamp duty benefits remain questionable

The benefits of raising the stamp duty threshold to encourage first-time buyers on to the property ladder have been questioned by a leading property organisation.

Read Article ... Published on 12th April, 2010

First-time buyers 'will see little difference from election'

First-time buyers 'will see little difference from election'

Forecasts for first-time buyers appear to remain bleak, despite an increase in the stamp duty threshold offered by Chancellor Alistair Darling.

Read Article ... Published on 12th April, 2010

Hammersmith residents form action group

Hammersmith residents form action group

People living in property to rent in the London borough of Hammersmith could find it easier to speak up for their rights as residents in the months to come.

Read Article ... Published on 9th April, 2010

Library offers new services to Hammersmith tenants

Library offers new services to Hammersmith tenants

Tenants in flats to rent in the London borough of Hammersmith could find they are able to stay better connected with the opening of a refurbished library in the area.

Read Article ... Published on 9th April, 2010

Deposit still problem for first-time buyers, says expert

Deposit still problem for first-time buyers, says expert

A leading property expert has claimed that the government's introduction of a new stamp duty holiday will make no difference to the plight of first-time buyers struggling to get into the housing market.

Read Article ... Published on 8th April, 2010

Survey: A quarter of house buyers 'clueless' about real cost of homes

Survey: A quarter of house buyers 'clueless' about real cost of homes

Almost a quarter of house-buyers in the UK claim they have no idea about the extras associated with purchasing a property, according to a new survey.

Read Article ... Published on 8th April, 2010

"Key players" set to start rented home construction

"Key players" set to start rented home construction

Four investors are set to kickstart the construction of new private rented homes in England, according the head of one of the country's leading housing and regeneration bodies.

Read Article ... Published on 7th April, 2010

Regulating letting agents would make sense, says expert

Regulating letting agents would make sense, says expert

A leading property expert has suggested that steps to regulate letting agents in the UK would "make sense".

Read Article ... Published on 7th April, 2010

Eco-grants to provide funding to Wandsworth residents

Eco-grants to provide funding to Wandsworth residents

Eco-grants are still available for Wandsworth residents who want to embrace greener principles.

Read Article ... Published on 5th April, 2010

Mayor unveils plans to reduce pollution

Mayor unveils plans to reduce pollution

London mayor Boris Johnson has unveiled plans to reduce levels of pollution in the capital over the next five years.

Read Article ... Published on 1st April, 2010

London bike hire scheme to begin in July

London bike hire scheme to begin in July

London mayor Boris Johnson has announced that a scheme to get more people cycling in the city will begin at the end of July.

Read Article ... Published on 1st April, 2010

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