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8th January 2010, Issue #59
Happy New Year and welcome to the first MMS property news round-up of the decade. Unsurprisingly, the news is dominated by predictions of what the year ahead holds for the property market.
As the temperature outside continues to plummet some predict that property prices are unlikely to thaw in 2010 – good news for some, but not for all. Others cite the unexpectedly strong end to the 2009 market as sign of more good things to come. However, backed by news that mortgage availability is set to expand during the year – but at higher rates – and the fact that the end of the Stamp Duty ‘holiday’ is nigh, the mood is generally cautious.
More positively, there are reports that 2010 starts with house prices higher than they were a year ago; and things are definitely on the up in the New Homes market. And for those whose New Year resolution involves adopting a greener way of life, there’s a host of ideas as to how you can reduce your home’s carbon footprint, while Kevin McCloud unveils his grand designs inspired by the Mumbai slums…
Sit tight: prices aren't likely to rise any time soon, although not all of us will fare badly. Graham Norwood predicts the winners and losers of the year ahead.
The Telegraph, 26/12/2009
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The market ended 2009 surprisingly strongly. What do the experts predict for this year?
Sunday Times, 03/01/2010
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Homeowners have been warned that mortgage rates will increase in the next 12 months, adding thousands to the cost of many loans.
The Times, 04/01/2010
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Recovery in the new homes market continues to gather momentum with the average price rising 1.5% in November 2009, the third rise in the last four months, according to the latest monthly New Homes Index from SmartNewHomes.com.
propertytalklive, 04/01/2010
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UK house prices were 1.1% higher in December than a year earlier - the first annual rise since March 2008, according to the Halifax.
BBC, 07/01/2010
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How to save the planet and trim your bills. Sarah Lonsdale lists her top eco-friendly tips for 2010.
The Telegraph, 05/01/2010
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Britain should focus less on building environmentally friendly housing and more on providing “happy” places to live, according to Grand Designs host Kevin McCloud.
The Telegraph, 05/01/2010
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