Latest Property News

• Italians are the latest overseas property buyers to see London as a safe haven
  

  Published 16th Nov 2011

  Italy may be facing an economic crisis but wealthy Italians are looking to the UK to invest in property and regard the London market as a safe haven, it is claimed

• RICS announces consultation in UK on Japanese Knotweed
  

  Published 16th Nov 2011

  The Royal Institution of Chartered Surveyors has launched a consultation into the effects of Japanese knotweed on properties in the UK and will produce an information paper for the industry

• CML calls for UK first time buyer stamp duty reprieve
  

  Published 16th Nov 2011

  The Council of Mortgage Lenders is calling on the government to announce a reprieve for the end of the first time buyer stamp duty concession, currently due to end in March 2012

• New build property values bounce back after credit crunch as pre-owned homes falter
  

  Published 16th Nov 2011

  The average price paid for a new build property has increased by 8.8 per cent in the last year as values begin to recover from the crashes experienced between mid-2008 and the start of 2010

• Mortgage hike to hurt 14,000 homeowners with the Bank of Ireland
  

  Published 16th Nov 2011

  Mortgage customers with the Bank of Ireland may face a huge hike in their repayments from next March

• Mortgage repossessions tick up in third quarter
  

  Published 14th Nov 2011

  Mortgage repossessions rose slightly in the three months to September compared with the previous quarter, but total repossessions this year are likely to be lower than expected, the Council of Mortgage Lenders said on Thursday

• Lower income borrowers in UK hit as property market sees lending tighten
  

  Published 11th Nov 2011

  Property lenders are focussing on wealthier borrowers with bigger deposits leading to the number of home purchase approvals in the UK falling for the second month in a row, research shows