New housing minister Margaret Beckett has caused alarm by suggesting a new site could be found for the Western Otmoor eco-town. Yesterday’s sustainability report into the locations of the proposed eco-towns had Western Otmoor ranked lowest of the 12 shortlisted sites. Ms Beckett said an alternative site may proveRead More →

A new buy-to-let scheme has been set up to protect landlords from repossession. The ‘partnership agreements’ allow buy-to-let landlords with portfolios of up to £5 million and who are facing repossession, retain ownership of a property, by matching them with investors who have money to pump into the housingRead More →

The Sunday papers, including the Observer and Independent, were full of speculation about a downturn in the housing market and whether the Bank of England will increase interest rates again when it meets on Wednesday. The number of people taking out mortgages of more than 30 years hasRead More →

Squatters have taken over the home of married Labour MPs Ann and Alan Keen, who have recently come under fire for claiming hundreds of thousands of pounds in expenses on a second home located a few miles away. The squatters said they moved in after a neighbour said theRead More →

Progress in tacking child poverty in Scotland has stalled, with more than one in five children living in poverty. A Joseph Rowntree Foundation report found there had been no improvement in the number of children living in poverty in the past five years, despite commitment to halve poverty levelsRead More →

Meanwhile housing minister Margaret Beckett announced £170 million of funding to be allocated to 29 transport projects that will support the development of new housing. In total 29 projects that will be paid for by the community infrastructure fund are planned across the regions – including rapid bus routes,Read More →

As many as 20 per cent of homeowners with a second property could be forced to sell their homes after Mr Darling abolished tax breaks on furnished holiday lets, accountants warn. Changes to the rules come into effect in April 2017 and will stop owners of properties offsetting theRead More →

Landlords are buying more properties than they are selling for the first time in two years, research into the buy-to-let sector by the Association of Residential Letting Agents (ARLA). The quarterly survey found, however, that one in five ARLA members is struggling to meet mortgage repayments, and more thanRead More →