House price rise rate halved in June – RICS
Latest figures from the Royal Institution of Chartered Surveyors (RICS) shows the rate of house price growth halved in June, as interest rates started to bite. But real prices continued to rise for the 20th consecutive month, with 10.6% more surveyors reporting a rise than a fall in house prices, down from 22.5% in May.
Gordon Brown raises housing targets and puts PGS on hold
Gordon Brown has raised the nation’s housebuilding target to 240,000 homes a year – or three million homes by 2020 – in his legislative agenda, which was revealed today ahead of the Queen’s Speech on November 6.
Barratt looks to drive through efficiencies as market tightens
Barratt’s forward sales are up by 15% on this time last year, despite warnings of a tightening market.
Low cost market housing key to affordability – HBF
On the eve of the prime minister’s expected package of announcements on improving affordable housing supply, the Home Builders Federation has published a report highlighting ways in which the private sector could tackle the crisis.
Hazel Blears calls for land release to improve affordability
New communities secretary Hazel Blears has revealed that affordable housing along with devolution and community cohesion will be the primary foci for her department for Communities and Local Government (GLG) under Gordon Brown.
EP to prioritise new projects that \"fit\" with Communities England
English Partnerships (EP) will prioritise developments that \"fit\" with Communities England when it comes to choosing new projects.
New chancellor to challenge mortgage industry
Alistair Darling, the new chancellor, has said he will increase the amount of long term fixed rate mortgages to \"reduce volatility\" in the market.
Fixed rate deals climb as affordability worsens - CML
Short term fixed rate mortgages continue to be the most popular choice for first time home buyers, as interest rates continue to climb, according to data from the Council of Mortgage Lenders.
Rate rise to 5.75% puts further squeeze on buyers
The Bank of England monetary policy committee\'s decision to put interest rates up again by a quarter point to 5.75% looks set to further squeeze home buyers are mortgage repayments increase.
New shadow housing minister in opposition shake-up
A Conservative party shake-up has seen Grant Shapps appointed shadow housing minister, as Michael Gove has been promoted to the shadow cabinet as shadow children, schools and families secretary.
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