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Landlords see robust performance from arrears

By Alex Bell on Friday, 03 September 2010

Landlords have been celebrating a strong performance from tenant arrears last year, according to latest research by LSL.  

Despite fears over the impact of the recession, and six consecutive months of rent rises, 84% of landlords saw arrears remain stable or fall in the past 12 months. 


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Third of social tenants homeless by Housing Benefit changes

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According to a recent survey from Upad.co.uk a third of social tenants could be made homeless by the upcoming changes in housing benefit legislation.

Private landlords intended responses to the changes announced by the Chancellor in June, include: capping the level of Local Housing Allowance (LHA) payable to between £250 per week for a one-bedroom property, and the highest level of £400 per week for a four-bedroom property.

 

Smokers face housing crisis

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The growing intolerance of landlords towards smokers is causing a growing housing crisis for smokers.

In research from Easyroommate.co.uk more than 580,000 UK smokers depend on flatsharing for their accommodation but 67% of them are living in non-smoking accommodation.

 

Connells secures multi-million pound land disposal instruction

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Connells Land & Planning Division has been awarded a multi-million pound land instruction from Capel House Property Trust Limited to manage the sale of land in North-East Daventry, Northamptonshire.

Monksmoor Farm, a 125-acre development opportunity with planning permission approved by the Secretary of State for up to 1,000 new homes including 350 affordable homes, will  come to the market in September 2010. 

 

£136m regeneration of Ealing estate gets go-ahead

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An estate in West Ealing, London, is to be transformed with high-quality new homes and community facilities after Ealing Council gave the green light to a massive £136m regeneration project.

The Green Man Lane estate regeneration team, which includes local housing provider A2Dominion, developer Rydon and architect Conran & Partners, was granted outline planning permission for the masterplan and detailed planning consent for phase one of the scheme.

 

E-Homebuying Forum appoints Tom Parker as new Chairman

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Following the appointment of Sir Bryan Carsberg in June as the E-Homebuying Forum’s first President, Tom Parker, founder and former Managing Director of Quest, has joined the group as the new Chairman. He takes over from outgoing Chairman Mark Riddick.

Tom brings a wealth of experience and passion to his role.  Having been in the property and mortgage sector for over 35 years, his company, Quest, changed the face of the mortgage industry as it became the market leading provider of mortgage valuation and survey software solutions.

 

Nationwide: August house prices fall by 0.9%

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House prices fell by 0.9% in August according to the latest Nationwide Monthly Housing Review issued today.

The three month rate of change shows price stagnation over the summer whilst the percentage of borrowers on variable mortgages has increased.

Last Updated ( Thursday, 02 September 2010 11:58 )
 

Detached house prices rise by £91 a day

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The average price of a detached family home has risen by more than any other property type over the past year, according to new research by Halifax.

Based on Halifax's own house price data, owners of detached properties have seen the value of their home increase by £91 a day over the past year with the average price rising by 13% from £266,060 in 2009 Quarter 2 to £299,295 in 2010 Quarter 2. Prices for all other property types rose by 8-9% over the period.

 

Housing benefit cuts and CGT increase affect Landlord confidence

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Confidence among landlords has dipped for the first time in almost two years, driven by uncertainties including housing benefits and tax changes announced in the emergency budget, according to the latest NLA Landlords’ Optimism Index.

The Index dropped from 51 to 47 points between Q1 and Q2 2010.

 

Schools awarded £26,000 to go sustainable by design

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Schools in the South-East and South-West of England have been awarded a total of £26,000 after taking part in pioneering a new programme which sent top designers into schools to work with pupils and help them realise their own energy and water-saving plans.

Last week saw the culmination of two Design Council projects – the Eco Design Challenge and the Water Design Challenge – in Dragon’s Den-style finals with shortlisted teams from schools throughout the two regions pitching for a share of the prize pot to help bring their designs to life.

 

Shapps: Bypass Whitehall and scrap outdated byelaws

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Local Government Minister Grant Shapps has today outlined plans to give councils a new power to review and revoke outdated byelaws.

This means that old local rules, like those about dickey straps in Hammersmith, fish frying in Gloucester, and carpet beating in Blackpool will be a matter for these areas, rather than central government.

 
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