Insurance News Archive
- 27 Feb 2009
House Prices Fall By 0.8% In January
The figure now stands at £156,758, which is a decline of almost £28,000 compared to last January, Land Registry statistics show. - 27 Feb 2009
Street Poll Reveals Majority Looking To Rent
In a street poll of Leeds residents, Adfero found that 58 per cent said they would be looking to enter a tenancy rather than a mortgage contract. - 26 Feb 2009
Parking Space Rentals 'can Generate Extra Income'
Al Elliott, owner of the Homeowners Advice Centre, says: "This is a great idea for homeowners who have space in prime areas, particularly city centre flats, where parking is at a premium." - 25 Feb 2009
Govt 'must Stimulate Home Building'
A review by the communities and local government select committee also calls for the state to prevent lenders repossessing homes too quickly and to protect tenants from unscrupulous landlords. - 25 Feb 2009
Landlords 'need Good Rapport With Tenants In Recession'
Simon Gordon, head of communications at the National Landlords Association, says this is the primary piece of advice that the organisation would offer to proprietors so that they are able to effectively deal with problems such as impending repossession or job losses. - 24 Feb 2009
Landlords Urged To Perform Background Checks
A survey by Paragon Mortgages reveals that 22 per cent only carry out checks on new tenants occasionally even though a quarter of proprietors have seen an occupant leave without paying rent. - 24 Feb 2009
Tenants 'should Contact Lenders About Repossessions'
Ian Potter, operations manager at the Association of Residential Letting Agents, says if renters let the bank or building society know that their payments are up-to-date, they may not be evicted. - 23 Feb 2009
First-time And Foreign Investors 'make Most Property Enquiries'
Ed Mead, director of sales at Douglas and Gordon, says many people who are trying to step onto the property ladder are thinking that it is not such a bad time to buy. - 23 Feb 2009
More Landlords 'seeking Advice On Rental Arrears'
Over 30,000 proprietors phoned the advice line over the past 12 months, an average of 2,500 per month, with concerns ranging from cannabis farms to flooded houses. - 20 Feb 2009
House Building Falls By Over Half
Work began on an estimated 16,300 homes in England in the final three months of the year, while commencements of private housing building work were down by 64 per cent for the quarter against 2007 figures. - 20 Feb 2009
Mortgage Lending At 7-year Low
Figures from the Council of Mortgage Lenders (CML) show that lending declined by eight per cent between December and January and by 52 per cent compared to the same month in 2007. - 20 Feb 2009
Property Market Offers 'fabulous' Opportunity To Upgrade
Ed Mead, director of sales at Douglas and Gordon, says there is a "short-sightedness" among purchasers who think they ought to wait to sell their property as prices have fallen.
