The Financial Services Authority (FSA) has written to the chief executives of all mortgage lenders giving them until 31 January to treat customers in arrears fairly or face action. It is the second letter the FSA has sent recently and follows a review which found ‘weaknesses’ in arrears andRead More →

The £9.6 billion regeneration project in the Thames Gateway will not be weakened by the economic crisis, Margaret Beckett said. Building targets for the area include 160,000 new homes by 2016. However, recent news shows that house building has virtually ground to a halt. Never-the-less Ms Beckett announced plansRead More →

The Housing Corporation has signed a social housing funding agreement with an arms length management organisation (ALMO) for the first time. Stockport Homes is to receive £1.02 million from the Corporation to fund 17 new homes. Grant agreements were also signed with five other new partners including Barratts, Bovis,Read More →

The Town and Country Planning Association (TCPA) has claimed that designing eco-towns to be more inclusive would cost no more if it was factored into the planning process early on, and has produced guidance on how to it. It says that eco-towns should provide for all inhabitants regardless ofRead More →

Around 20 per cent of people view properties they have no intention of buying or possibility of affording, just to have a look around other people’s homes a survey from propertylive.co.uk has found. People in London were the most likely to have a snoop, with 27 per cent admittingRead More →

The government’s scheme to help homeowners struggling in arrears is in jeopardy, after slow take-up from lenders. The homeowner mortgage support scheme is designed to allow homeowners who suffer a sharp drop in income to defer interest payments for up to two years, and was due to be launchedRead More →