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UK Property News


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Tips on How to Move Your HIPs

According to the new rules, HIPs now have to be compiled before the house or a flat is put on sale. That is why, we list several tips that will help make buyers’ and sellers’ life easier. 1.    According to the... (Continue reading)

Officials Announced Winners for RICS Scotland Award 2009

On the 21st of April, official committee announced the winners of a Scotland’s top property award. To get the RICS Scotland Award 2009, the finest properties competed in four categories. The committee of judges consisted of Scotland’s leading chartered surveyors and... (Continue reading)

Grand Designs Launches a Campaign for Green Refurb

We have already mentioned the Grand Designs Live campaign for eco-homes. Last Saturday the campaign was launched by Kevin McCloud – the host of Grand Designs. The campaign is aimed at persuading UK consumers ask their government to do as... (Continue reading)

Second Home Owners to Lose Tax Benefits Next Year

As of April next year, owners of second homes will lose a number of tax benefits they enjoy now. They will be unable to write off trading losses against their tax bill; also, capital allowances and capital gain benefits will... (Continue reading)

CML Response to Chancellor’s Measures

Yesterday, Chancellor Darling announced the Budget. The Council of Mortgage Lenders (CML) responded to the announcement and said that the modest measures are helpful, yet they are unlikely to have a significant impact on the housing market in the United... (Continue reading)

Thousands of UK Homeowners Faced Repossession despite Governmental Measures

According to exclusive estimates that were presented to daily Telegraph, an average of 28,000 households all across the United Kingdom faced repossession of properties despites measures taken by UK government. The Homeowner Mortgage Support Scheme, which was announced by Prime Minister... (Continue reading)

Darling to Allocate £1 billion for UK Housing

Alistair Darling, Chancellor of the Exchequer promised to set aside £1 billion for revival of UK housing sector as the large number of construction projects were cut in half last year. Also, orders for new houses fell by 46% from... (Continue reading)

Disputes Over Market Recovery

Latest Nationwide Building Society’s price index shows an increase in UK property prices. An average house is now priced at £150,946 in March, which is 0.9% more than in February. However, Halifax data suggests that property prices fell by 1.9%... (Continue reading)

The HIP Scheme to Disadvantage House Sellers

Law companies warn house sellers that they can be sued by potential buyers under the new Home Information Pack (HIP) scheme. Originally, HIP was introduced 2 years ago in order to simplify the process of selling a property. It was supposed... (Continue reading)

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