The number of mortgages approved for house purchases fell again in September to just 31,104, making net mortgage lending the lowest for a decade.
Figures from the British Bankers Association showed that the average value of the loans was £142,900, down
The number of new NHBC registrations dipped from 9,954 in August to 9,033 in September, according to NHBC’s latest figures.
NHBC said that the industry was still waiting for traditionally strong autumn sales to boost housebuilding quotas.
Chief executive Imtiaz Farookhi commented:
Research from the Halifax suggests that monthly mortgage payments as a percentage of income are now nearly half that of the level of 2007. In contrast, over half of first-time buyers say that affordability is the main reason why they
For the second week in a row I am posting in the Humberstones Homes blog some useful information and findings from the National Association of Estate Agents. My thoughts are that it shows that in this difficult economy the housing
As promised here are the views of the NAEA on the political change affecting housing policy in our area:
Policy and Political Report 17th May – 24th May 2010
Policy and Political Report
17th May 2010 – 24th May 2010
Monday 17th May
The National Association of Estate Agents is highly regarded in terms of their opinions, views and influence in helping the housing market in the whole country. As a fellow of the NAEA I receive useful weekly updates on the housing
The Government has suspended Home Information Packs with effect from 21st May, which means that vendors will no longer be forced to instruct a pack before being able to market their properties.
Speaking at a press conference , Secretary of State
The Humberstones Homes website was relaunched on April 15th 2010 with a complete redesign, a blog and news page, lots more functionality for searching and viewing properties and some great new features.