Knight Frank yesterday forecast that prices would end this year 2 per cent higher than at the start, with the recovery being led from the South. The agent said, however, that the mainstream UK residential market was likely to see a modest price fall of about 3 per centRead More →

According to the Conservatives, Communities and Local Government have ‘buried’ a report into home information packs (Hips). The Tories say the report – which revealed that the packs made the buying and selling process more complicated, showed that few people bothered to read one in any details, and didRead More →

IF ANYONE NEEDED reminding that house prices can go down as well as up, they should take a look at a new report published today by the accountancy giant Price Waterhouse Coopers. In contrast to more bullish recent forecasts, The UK Economic Outlook predicts a one in three riskRead More →

Almost 8000 homes for Armed Forces families are standing empty despite the Ministry of Defence spending £17m a year renting substitute properties. Figures showed there are currently 7889 unoccupied homes for service families in the UK, including 2077 that have been empty for more than a year. But theRead More →

Fitch, one of the world’s most influential ratings agencies, said that the reforms proposed by the Financial Services Authority (FSA) could result in higher costs and greater inefficiencies in the mortgage market. The rating agency said the FSA’s Mortgage Market Review ‘could have negative financial implications forRead More →

At yesterday’s Local Government Association launch of the report into the impact of migrants on public services, Trevor Phillips, chairman of the Commission for Equality and Human Rights, called for an inquiry to examine the claim that white families face discrimination when applying for council housing. He said thereRead More →

p>EU rules are forcing councils to go through costly procurement procedures which are effecting renewal projects, the British Property Federation has warned. The bureaucratic rules, designed to encourage competition and ensure transparency, have resulted in many local authorities adopting an ‘overly cautious’ interpretation of the rules. Many councils areRead More →

Pressure is growing in the European Parliament to allow billions of pounds to spent on housing, reports Inside Housing. The magazine also reports on concern that housing association mergers are leading to a free-for-all in the market to build new homes. London mayor Ken Livingstone is lookingRead More →