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The government has announced measures this week to stop the practice of “garden grabbing”. According to the Communities and Local Government Department, the number of houses being built on gardens rose from one in 10 to a quarter of new properties between 1997 and 2008.
UK residential property prices fell by 0.4% in May, the second monthly fall in a row, according to the latest house price index from the Halifax. It is the start of a slowdown that will leave the real estate market flat during 2010 as rising unemployment is curbing demand, according to Martin Ellis, Halifax’s housing economist.
And finally, commuting may be the way forward for homeowners that work in the big smoke - for those who live less than 90 minutes by train from London, every 60 seconds saved on the commuting time increases a home’s value by £1,300! Also putting a new spin on ‘lock-up and leave’, a rundown garage block in London has been placed on the market for £1.25 million, in what is believed to be Britain's most expensive lock-up.
The Government will announce new measures today to stop the practice of ''garden grabbing'' which has seen green suburbs turn grey as developers cram ever more houses into suburban spaces.
The Telegraph, 09/06/10
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The Government today promised to help people trying to get on the property ladder by boosting the number of new homes being built.
The Independent, 08/06/10
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UK residential property prices fell by 0.4% in May, the second monthly fall in a row, according to the latest house price index from the Halifax.
Property Wire, 07/06/10
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The mortgage market may have relaxed a little recently, but there has been little cheer for first-time buyers.
The Telegraph, 08/06/10
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Woolwich launches market-leading 90% loan-to-value deal, but only if you buy a Bovis home.
The Guardian, 09/06/10
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For those who live less than 90 minutes by train from London, every 60 seconds saved on the commuting time increases a home’s value by £1,300.
The Telegraph, 10/06/10
Click here for more detail
A rundown garage block in London has been placed on the market for £1.25 million, in what is believed to be Britain's most expensive lock-up.
The Telegraph, 07/06/10
Click here for more detail
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