Chaos for the housing market as banks stop mortgage lending and Michael Gove tells home-buyers ‘don’t exchange contracts’ Michael Gove urged people to stay put and not move house during pandemic Lenders have also stopped mortgage lending, throwing housing market in chaos Moving companies are cancelling jobs during crisis, making moves impossible Coronavirus symptoms: what … Read more
Housing market looks set for spring surge as January sees highest level of property sales for two years House transactions were 5.2% higher than in January last year, HMRC said Some 102,810 home sales transactions were recorded last month But the figures reflect sales agreed in September and October as transaction figures only settle after … Read more
Government’s Green housing plan under fire as developers claim it is ‘unworkable’ By Matt Oliver For The Daily Mail Published: 21:54 GMT, 6 March 2020 | Updated: 21:54 GMT, 6 March 2020 Government plans for a ‘green housing revolution’ are unworkable, developers have warned. Ministers want tough standards to slash the carbon footprint of new … Read more
US private equity giant Blackstone snaps up student housing firm IQ in £4.7bn deal By Matt Oliver For The Daily Mail Published: 21:50 GMT, 26 February 2020 | Updated: 21:50 GMT, 26 February 2020 Private equity giant Blackstone has snapped up a student housing firm for £4.7billion in one of the UK’s biggest ever property … Read more
Landlords will have to take responsibility for Britain’s ONE MILLION hazardous buy-to-let homes in crackdown on unsafe conditions New rules will mean tenants can sue landlords if their homes are unfit to live in Some 1m properties are currently considered having ‘category 1’ hazards This means they present a ‘serious risk to a person’s health … Read more
Property market bouncing back as mortgage approvals hit highest levels in four years – but experts warn loan rates could start creeping up Mortgage approvals up 4.4 per cent in January to highest level in four years Remortgage approvals also rose by 3.9 per cent in the first month of the year But experts warn lenders … Read more