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Help to Buy lifting house sales


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8 Jul 2013

One of Britain’s largest house-builders Persimmon, has revealed how the Help to Buy scheme has helped  lift property reservation rates by a third in the first half of the year.

Persimmon revealed that 1,124 private homes have been purchased since Help to Buy launched in March, marking a 30% increase on the last quarter of 2012. ...

Government pledges to help those in flood risk areas


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3 Jul 2013

The government has agreed a new deal to provide the ‘hundreds and thousands’ of people living in flood-risk areas with more affordable home insurance.

Following lengthy negotiations with the Association of British Insurers (ABI), parliament announced the new ‘Flood RE’ policy, which will replace the old ‘statement of principals’ which expires this July....

Brits lose the keys to a fortune


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27 Jun 2013

Brits need to be more careful where they leave their keys, it appears, since research shows that Brits can’t stop losing keyfobs that could open the door to a fortune.

The average bunch of keys provides access to more than £28,000 in goods, according to the recent research. But Brits rarely think about the risk that comes with losing them, since more than half of UK homeowners said they worried more about losing their purse or wallet than their keys....

UK and EU regulations holding back the residential mortgage market, claims new report


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21 Jun 2013

Regulation is constraining the UK mortgage market which means that fewer people can become home owners according to a recent report.

Indeed, just a third of young people could be owner occupiers by 2020, just half the number seen in 1993, according to the report commissioned by the Intermediary Mortgage Lenders Association (IMLA).

It says that both UK and European Union regulations are holding back lending volumes and innovation and it is calling on the UK government to set out a long term vision for home ownership....

Property prices expected to rise across the UK over next 12 months


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19 Jun 2013

Households across the UK expect the value of their home to rise over the next 12 months as optimism over future price rises reaches its highest level in three years, according to a new report.

Londoners are the most optimistic about house price rises over the next year, closely followed by those in the East Midlands, while those in the North East expect the most modest increase in values, the latest Knight Frank and Markit House Price Sentiment Index shows....