


Archive News Items for May 2009
Lloyds Launch 95% LTV Mortgage
May 26,2009
BTL Mortgages in Short Supply
May 26,2009
Moneysupermarket.com has found that the number of buy to let mortgages available has fallen 95% in just 2 years.
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Asking Prices Rise Again
May 21,2009
Asking prices for homes rose by 4.6 per cent last month. For example the average asking price of a property in the seven-county South West increased by around £6,000 in the four weeks to May 9 to stand at £239,766, said website Rightmove.
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Fall Slows in London
May 21,2009
Recent market activity; with strong demand from international purchasers and a more limited supply of property than expected, given the loss of wealth and jobs in the capital, have led to this moderation in the overall fall in values.
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First Time Buyers Return
May 17,2009
Buy to Let Lending Drops by 70%
May 17,2009
Buy-to-let lending dived by nearly 70% during the first quarter as the specialist mortgage market continued to be strangled by the credit crunch, figures have shown.
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Buyer Enquires Rise for Sixth Month
May 13,2009
41 per cent more Chartered Surveyors reported a rise than a fall in new buyer enquiries, up from 32 per cent in March and the highest figure for almost a decade.
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Sales Rising
May 13,2009
The balance of newly agreed sales continued to rise and surveyors in most regions now expect this trend to continue.
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Good News!
May 08,2009
The British economy showed signs of improvement as Bank of England policy makers met, with data showing activity in the country's huge services sector rising strongly.
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Rightmove Report
May 08,2009
The cull of estate agents appears to be coming to a halt, according to Rightmove, the property website, with evidence that interest in house buying has picked up from last year’s lows.
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Housing Revival
May 05,2009
House prices fell by 0.4 per cent last month, the smallest fall since December 2007, bolstering hopes that the pace of the decline in property values is easing.
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Government Help
May 05,2009
In an attempt to buoy the market, Alistair Darling, the Chancellor, announced in the Budget last week that the stamp duty holiday on properties worth between £125,000 and £175,000 would be extended until the end of the year.
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New Rental Figures
May 01,2009
New rental figures could represent the early signs of a market recovery. The market is beginning to settle down again and more tenants are appearing. People are deciding they would prefer to rent rather than buy and this is resulting in an increase in tenants, which is beginning to drive rents up.
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Good News for Housing Market.
May 01,2009
House prices fell at the lowest monthly rate for a year in April, fuelling hopes among housing experts that a bottom is being reached in the market.
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