The most important UK property news aggregated from leading twitter commentators

Sub-prime mortgages re-emerge in wake of Funding for Lending scheme

http://www.theguardian.com

Published 8 months, 2 weeks ago

Sub-prime mortgages, widely blamed as the cause of the financial crisis, have begun to re-emerge with a new lender unveiling a range of loans for borrowers with poor credit histories. Magellan Homeloans will offer mortgages of up to £400,000 to people who have had county court judgments, individual voluntary arrangements (IVA) or even bankruptcy orders against their names.

Noticed by

Ajay Jagota @ajaykisgroup 8 months, 2 weeks ago

Sub-prime mortgages re-emerge in wake of Funding for Lending scheme http://t.co/JF0YLi3ven

House prices show 'sixth consecutive monthly rise'

http://www.theguardian.com

Published 8 months, 2 weeks ago

House prices rose by 0.9% in July, a sixth successive monthly rise which brought the annual rate of growth to its highest level in three years, according to figures from lender Halifax. The bank said demand for homes was being boosted by signs of improvement in the economy and government schemes to kick-start the market.

Noticed by

GH Didsbury @GHDidsbury 8 months, 2 weeks ago

House prices show 'sixth consecutive monthly rise' http://t.co/0zhh1DAT7j via @guardianmoney

House prices 'rising at fastest pace for three years'

http://www.telegraph.co.uk

Published 8 months, 2 weeks ago

House prices are rising at their fastest rate since August 2010, according to an index published today. The Halifax house price index found prices in the three months to July were 4.6pc higher than the same period in 2012. The figures are yet more evidence that Government measures to stimulate the property market are feeding through.

Noticed by

Melanie Bien @melaniebien 8 months, 2 weeks ago

House prices 'rising at fastest pace for three years' via @Telegraph http://t.co/mIcKGecQH2 > with comments from client @SPFPrivClients

Buy-to-let attracts more first-time landlords

http://www.introducertoday.co.uk

Published 8 months, 2 weeks ago
More first-time landlords are entering the buy-to-let market, tempted by a growing choice of mortgage deals. Some 22% of intermediaries' buy-to-let business now comes from first-time landlords, up from 20% last year, according to the latest confidence tracking survey from Paragon Mortgages.

Noticed by

Leaders @LeadersLettings 8 months, 2 weeks ago

Buy-to-let attracts more first-time landlords, with 38% of existing LLs looking to expand their portfolio - http://t.co/3O00GOwaNz #BTL

London property sales hit by higher rates of stamp duty - FT.com

http://www.ft.com

Published 8 months, 2 weeks ago

Nearly two-thirds of home sales in London are now hit with higher rate stamp duty charges of more than 3 per cent, according to data released by the government. The figures, collected by the TaxPayers' Alliance, show how nearly half the £4bn in

Noticed by

Sharon Foote @thomaslegal 8 months, 2 weeks ago

London property sales hit by higher rates of stamp duty - http://t.co/NHDGyE8VS1 http://t.co/SsbK6b09U0 via @FT

'Robust' rise for house prices, says Nationwide

http://www.estateagenttoday.co.uk

Published 8 months, 2 weeks ago

House prices went up by 0.8% in July compared with June, Nationwide has reported, with prices standing at £170,825. Robert Gardner, Nationwide chief economist, said: "UK house prices rose by a robust 0.8% in July, providing further evidence of an upturn in the housing market.

Noticed by

City Lets Liverpool @City_letsuk 8 months, 2 weeks ago

"Robust" rise for house prices, says @AskNationwide in Estate Agent Today... http://t.co/ykBvGTypIt

74% of Britons Admit They Didn't Change the Locks after Their Last Move - Rightmove Property Blog

http://www.rightmove.co.uk

Published 8 months, 2 weeks ago

Industry News | For most of us, moving home is one of the most challenging and stressful things we are ever likely to experience. With so much to organise and remember, it's easy for important jobs to get overlooked and forgotten. Chief among these overlooked tasks is getting your locks changed when you move into your new property.

Noticed by

GH Didsbury @GHDidsbury 8 months, 2 weeks ago

74% of Britons Admit They Didn’t Change the Locks after Their Last Move http://t.co/NSp4tCrde0 via @rightmove

Estate agency couple launch charity after cancer ordeal

http://www.estateagenttoday.co.uk

Published 8 months, 2 weeks ago

A pair of husband and wife estate agents are launching a charitable foundation to help cancer sufferers after their own terrible ordeal, which could easily have lost them their business. Rocky Langley, managing director of Langley Estate Agents in Beckenham, Kent, and his wife Cherie, who is a partner in the business that they started in 2010, married last July, surrounded by friends and family.

Noticed by

Martin G Haigh @HAIGHandSONS 8 months, 2 weeks ago

Estate agency couple launch charity after cancer ordeal - Estate Agent Today - http://t.co/e7rEiS5lEH via @Shareaholic WHAT GREAT PEOPLE!

House prices rise at fastest rate in three years as the property market recovery picks up pace

http://www.thisismoney.co.uk

Published 8 months, 2 weeks ago

Price of the average UK home hits £170,825 in July Prices on the up since the launch of Government schemes designed to give the housing market a shot in the arm Prices are around 12 per cent higher than the lows seen in the grip of the financial crisis By Rachel Rickard Straus PUBLISHED: 03:17 EST, 2 August 2013 | UPDATED: 03:18 EST, 2 August 2013 Prices saw their strongest annual upswing since August 2010 and rose on a month-on-month basis by a 'robust' 0.8 per cent.

Noticed by

Faron Sutaria @faronsutaria 8 months, 2 weeks ago

London continues to operate in its own stratosphere #propertymarketrecovery @thisismoney http://t.co/3NVlXXexRl via @MailOnline

The traditional high street is dead, says minister as he suggests shops could become homes

http://www.telegraph.co.uk

Published 8 months, 2 weeks ago

A consultation paper on the proposed changes is due to be released later this week, and it is not yet clear how many shop-to-home conversions the Government believes can be made. The move will trigger yet more controversy over the best way to save high streets that have been central to community life for a generation.

Noticed by

The Telegraph @Telegraph 8 months, 2 weeks ago

The traditional high street is dead, says Nick Boles as he suggests shops could become homes http://t.co/8cdO5Mb8HW by @steve_hawkes

House sale hit as police called in to probe scam over missing money

http://www.estateagenttoday.co.uk

Published 8 months, 2 weeks ago

Police have been called in to investigate a case whereby a law firm's firm's identity and address stolen, with the result that the buyer's completion money was not received by the seller's solicitor and the funds went elsewhere.

Noticed by

Ian Charles Watson @Iancwatson 8 months, 2 weeks ago

House sale hit as police called in to probe scam over missing money http://t.co/SWAAGMm4HY #BiziTalk

Save the High Street by turning ailing shops into affordable homes, says planning minister

http://www.dailymail.co.uk

Published 8 months, 2 weeks ago

Nick Boles said council should concentrate shops in 'prime' locations £1.2m was given to 12 towns to help high streets but many are struggling Key recommendations in retail guru Mary Portas's report have been ignored By Helen Lawson PUBLISHED: 06:12 EST, 4 August 2013 | UPDATED: 06:36 EST, 4 August 2013 A relaxation of planning rules could see town centre shops converted into homes, as ministers accept that the thriving high streets of the past are unlikely to return.

Noticed by

Nick Biring @NickBiring 8 months, 2 weeks ago

Save the High Street by turning ailing shops into affordable homes. http://t.co/movpgyUBYq http://t.co/mCGRU2jdQ4

Is buying property in Gibraltar a rock-solid investment?

http://www.independent.co.uk

Published 8 months, 2 weeks ago

Gibraltar is celebrating 300 years under British sovereignty this summer with two controversies and one highly unusual problem - too few wealthy people live there. The disputes in question are all too familiar to the 30,000 residents on this peninsula off southern Spain.

Noticed by

Propertini @propertini 8 months, 2 weeks ago

Is buying property in Gibraltar a rock-solid investment? @PropertyJourn http://t.co/TeeU3AP36z

UK housebuyers aren't getting a look in as three out of four new homes in London are sold abroad before they're even advertised

http://www.dailymail.co.uk

Published 8 months, 2 weeks ago

Most new homes in central London were sold to overseas buyers last year Developers sell homes 'off-plan' at events in Far East to fund building work Trend could price British housebuyers out of the market in the capital By Rosie Taylor PUBLISHED: 09:12 EST, 3 August 2013 | UPDATED: 10:45 EST, 3 August 2013 Most new homes in London are being sold to foreign buyers at overseas events before they are built or advertised in the UK, according to a property group.

Noticed by

Peter Lawrence @lawrencerandea 8 months, 2 weeks ago

UK housebuyers aren’t getting a look in as three out of four new homes in http://t.co/eOST9PpO93 http://t.co/bmGko3PW07

£10 mobile debt that almost wrecked a mortgage application

http://www.theguardian.com

Published 8 months, 2 weeks ago

A £10 mobile phone debt from two years ago almost led to James and Lucy Burford-Pugh losing the £250,000 house they are in the process of buying. And they are far from alone in finding that in a post-credit crunch world a seemingly trivial issue relating to a mobile phone contract can wreak havoc years later when you come to apply for a mortgage or loan.

Noticed by

GH Didsbury @GHDidsbury 8 months, 2 weeks ago

£10 mobile debt that almost wrecked a mortgage application http://t.co/zvL5tJx8Ll via @guardianmoney

House price surge triggers new property bubble fears

http://www.telegraph.co.uk

Published 8 months, 2 weeks ago

Britain's biggest building society Nationwide said the average completion price - across a four bedroom house to a studio - rose 0.8 per cent or £60 a day in July to £170,825. The average price is now up nearly 4 per cent on July last year and has leapt 12 per cent from the low point of the recession.

Noticed by

Regular House Hunter @RegularHouse 8 months, 2 weeks ago

House price surge triggers new property bubble fears http://t.co/NHxj1PGhbV

Is London's housing market overheating?

http://www.telegraph.co.uk

Published 8 months, 2 weeks ago
London's most expensive properties soared in value throughout the crisis and their prices are still rising. Some analysts say this market, comprising many of the costliest homes ever sold, is a bubble primed to pop. Others insist the growth is sustainable - and can benefit us all.

Noticed by

Telegraph Money @MoneyTelegraph 8 months, 2 weeks ago

Is London's housing market overheating? http://t.co/JsQDJVmmNS