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January 29th 2010, Issue #62
Good news continues to flow in this week’s newsletter with claims from a Bank of England policymaker that UK property prices will bounce back, and there are more positive stories regarding mortgage lending; costs have fallen 20 per cent in the last year and there are now over 140 mortgage products for people borrowing with just a 10 per cent deposit, this is twice as many as there were last year.
Elsewhere, Google may be changing the face of real estate forever, with the testing of a new British house-sales website – which if it works, would enable people to cut out the middle man and sell their property themselves. And we take a look at the top ten locations and why prices will be rising there in 2010.
At the other end of the scale we have Britain’s most energy-efficient home costing less than £60 a year to heat and why house buying is more stressful than having a baby!
A Bank of England policymaker claims that UK residential property prices will bounce back like they did in the 1980s, as pressures on the banking system ease.
Propertywire, 28/1/10
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Research from the Woolwich has shown that people in England and Wales have seen a 20 per cent drop in their mortgage costs over the last 12 months.
Telegraph, 27/1/10
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Research highlighted by moneyfacts.co.uk shows that the number of mortgages available for people with only a 10 per cent deposit has soared by 25 per cent since the beginning of the year.
Telegraph, 27/1/10
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Google search engines are set to test a unique website that will revolutionise consumers and enable them to become their own estate agent – effectively cutting out the middle man.
The Independent, 27/1/10
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Highlighting the top ten areas where good looks, good schools and easy commutes could push up house prices in 2010.
Telegraph, 26/1/10
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Britain’s most energy-efficient home which costs less than an amazing £60 per year to heat and has a banana tree in the conservatory!
Telegraph, 25/1/10
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According to unbiased.co.uk, one in four home owners find the experience of buying a house more stressful and demanding than starting a new job, getting married and even having a baby.
Propertytalk Live! 26/1/10
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