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Decisionhomebuyers.co.uk - Decision Homebuyers Company News Section

Decision Homebuyers Information

Lawrence Smith

Phone: 020 7099 9026
URL: http://www.decisionhomebuyers.co.uk

Decision Homebuyers, a leading UK property company providing a quick and simple solution for selling your home, no matter what the condition.

Decision Homebuyers Press Release -

Decisionhomebuyers.co.uk

18 JUL	Rescue Bid For Ailing Housing Market
	In a move to shore up the UK’s declining housing market, the government has announced a package of measures that include a ‘rent first, buy later’ scheme and plans to develop surplus land for new housing.

12 JUL	House Prices See Fastest Fall In 15 Years
	House prices in the UK are falling at the fastest rate in 15 years, with a 6.1% decline on the cost of an average home from a year ago, according to recent figures released by Halifax, Britain’s largest mortgage lender.

01 JUL	Rental Returns For Houses Show Slight Falls
	According to the latest quarterly survey by the Association of Residential Letting Agents (ARLA), rental returns for houses and flats have seen marginal falls.

20 JUN	Homeowners Face Huge Increases In Mortgage Costs
	The cost of mortgages has soared in the UK over the past six months by as much as nearly £1,300 on a two-year loan. The price comparison service Moneyfacts.co.uk reports that the average rate of lending on a two-year fixed-rate deal now stands at a 10-year high.

02 JUN	House Prices Fall Sharply In May
	For the seventh consecutive month, house prices in the UK fell in May, by 2.5%, according to the Nationwide’s latest house price index. This is the biggest month-on-month decline in house prices since the recession of the early 1990s, and the figures are worse than expected.

29 May	London’s Traffic Lights Set To Change
	In one of his first initiatives to tackle London’s traffic problems, new mayor Boris Johnson has announced plans to rephase traffic lights across the city, in a bid to ease congestion on the capital’s busiest routes.

24 May	Credit Card And Mortgage Delinquencies Continue To Rise
	A report from credit ratings agency Standard & Poor’s revealed that subprime mortgages bundled into securities that were rated between 2005 and 2007 are continuing to increasingly default, and that delinquencies on credit cards and prime mortgages are rising. The situation is worsening in light of tighter lending conditions and a weakening economy.

22 May	House Sales Drop To 30-year Low
	According to a report from the Royal Institution of Chartered Surveyors (RICS) issued on Monday, house sales could fall by 40% this year. Such a drop would mean the biggest contraction in the housing market on record, and could reduce consumer spending by 8%.

17 May	Drop In Demand For New-Builds
	The number of new-build properties started in the last three months has seen a 24% drop, according to new figures from the Office of National Statistics (ONS).

15 May	Housing Market Sees Prices And Demand Dropping
	The UK housing market is experiencing its worst slump in 30 years, according to figures released by the Royal Institution of Chartered Surveyors (RICS). The April survey showed that 95.1% more chartered surveyors reported a fall than a rise in house prices, the ninth successive month in which such falls have been reported, and up from 79.4% in March.

01 May	No Cheer In Sight For Housing Market
	HBOS, Britain’s largest mortgage lender, has revised its earlier forecast of a low single-digit drop in UK house prices to a drop of around 5% in 2008. The pessimistic outlook by HBOS was further confirmed by the latest house price index (HPI) from Halifax, which fell by 2.5% in March, the steepest rate of decline since the property slump of the early 1990s.

26 APR	Lenders Letting Go Of Buy-to-let Mortgages
	In yet another sign of the credit crunch fallout, the buy-to-let property market has been severely hit by the drying-up of lending to landlords. Sixteen lenders have withdrawn buy-to-let mortgages in the past few weeks, most recently Abbey, The Mortgage Works, UCB Home Loans and Britannia Building Society.

26 APR	House Prices Continue To Plunge
	House prices have fallen for the fifth consecutive month, according to the latest figures from Nationwide, adding to fears that the UK housing market could potentially be facing its worst crash in history.

17 APR	House Price Fall At Record Low
	The latest housing market survey from the Royal Institution of Chartered Surveyors (RICS) shows that house prices fell to an all-time historical low in March.

12 APR	Will Rate Cut Help Housing Market?
	The latest fall in house prices – 2.5% in March, the biggest drop since the property crash of the early 1990s – has contributed to the Bank of England’s quarter-point rate cut on Thursday to 5%. While this is a welcome move for businesses and financial markets, it is not expected to have a dramatic impact on the struggling housing market.

08 APR	Crunch, Squeeze, Pinch – Credit Conditions Painful For All
	The credit squeeze for UK households and businesses has become considerably worse in the past three months and is expected to deteriorate further.

05 APR	Mortgage Market Shrinks Further
	Two more banks – the Co-operative Bank and the UK divisions of Lehman Brothers – have announced the withdrawal of some of their mortgage deals, a move which follows fast on the heels of First Direct suspending its entire range of mortgage products to new customers.

01 APR	Rise In Properties At Auction Could Mean Fall In Prices
	The first quarter of 2008 has shown a huge rise in the number of distressed sales (repossessions and failed buy-to-lets) sold at property auctions, as well as a sharp decline in sale prices in the new-build sector – two trends which many fear will bring down prices further in the wider housing market.

27 MAR	Property Sales Fall To New Low
	For both potential house buyers and sellers alike, these are difficult times as the beleaguered housing market in the UK continues to suffer the effects of a wider economic slowdown.

20 MAR	Subprime Market In Drastic Decline
	The number of products available in the UK subprime lending market has declined by 71% over the past year, according to research carried out by personal finance advice website Moneyfacts.co.uk.

17 MAR	Bank Crisis Fall-out May Lead To UK Recession
	The possibility of a recession in the UK has become much greater following the Bear Stearns crisis, in which the bank was forced to get an emergency bail-out from the US Federal Reserve.

11 MAR	Teething Problems For Controversial Hips
	Following new survey results released on Thursday, the government’s Home Information Packs (HIPs) came under fire, being called “a farce” and “a complete waste of time” by shadow housing minister Grant Shapps.

04 MAR	House Prices Continue To Decline
	House prices fell by 0.5% in February, the fourth consecutive monthly decline, according to the latest survey from Nationwide. The annual rate of house price inflation fell from 4.2% to 2.7%, the lowest since November 2005.

28 FEB	Nationwide Raises Minimum Deposit To 25%
	Nationwide has announced that it is increasing the minimum deposit needed to secure its best interest rates from 10% of the value of the property to 25%.

01 FEB	Drop In Value Of London’s Commercial Property
	Recent surveys suggest that the four-year boom in London commercial property is at an end and that investors may be backing off from this sector.

29 JAN	New Build Sector Shows Regional Strengths
	According to research by SmartNewHomes.com, the average cost of a new build home fell slightly by 0.3% over December.

26 JAN	Market Sees Modest New Year Upturn
	After a dramatic drop in asking prices for property in December, the January figures are much more encouraging and might even suggest a modest recovery in the housing market, according to Rightmove’s latest house price index released on Monday.

24 JAN	House Prices See Worst Decline In East Anglia
	A new report from the Royal Institution of Chartered Surveyors (RICS) shows that East Anglia is experiencing the worst decline in house prices in the UK, with a fall of 1.3% in the last quarter of 2007, compared to a national average of 0.8%.

24 JAN	Fall In Mortgage Lending Confirms Shaky Market
	The Council of Mortgage Lenders (CML) has reported that mortgage lending fell in December to its lowest level since May 2005.

23 JAN	Housing Market Hits Worst Slump In 15 Years
	A survey from the Royal Institution of Chartered Surveyors (RICS) shows that house prices across the UK fell in December at the fastest rate since 1992.