Squatter fears as recession continuesFinancialadvice.co.uk 16 July 2009 Confirmation that squatters have taken up refuge in a multi-million pound house on The Bishops Avenue in Hamstead, north London has shocked many millionaire neighbours in the area. Apparently the property, which is now derelict, was acquired by a Nigerian couple eight years ago but what has happened since then is something of a mystery. Read more
House price riseAlex Coxall 30 June 2009 Another brief glimmer of hope presented itself this June as house prices rose by 0.9 percent. The figures were released by the Nationwide in their Monthly House Price index. Read more
Buy-to-let investors watch interest ratespropertywire.com 25 June 2009 One of the main problems is that potential tenants are offering 40 to 50% below the market rate. They are viewing properties available at around €1,000 a month and offering €600 per month and wanting a three to six month contract, according to those posting on the propertysecrets.net forum. Read more
Four buyers to every propertyMoneywise.co.uk 18 June 2009 Demand for housing is now outstripping supply - with four house hunters for every property - but a fall in mortgage lending in May means this demand may not translate into sales.
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Sales rise for AprilAlex Coxall 1 June 2009 A positive sign of market regeneration comes from figures released from the National Association of Estate Agents (NAEA). The figures show that during April the average estate agent sold ten properties, this is up from an average of eight in March. Read more
Two thirds of FTBs losing hopeTelegraph 26 May 2009 Two-thirds of first-time buyers say they have given up hope of ever getting on to the property ladder, as the worst housing market slump in 60 years puts millions off home ownership. Read more
Good time to buy?Alex Coxall 14 May 2009 The general consensus amongst first time buyers is that now is the perfect time to buy. A survey carried out by property portal Rightmove showed that 69% of FTBs thought that conditions were perfect for getting onto the property ladder. Read more
It's only estate agents who see green shootsTelegraph 13 May 2009 The estate agent selling our flat is on holiday this week. Clearly all this talk of green shoots in the housing market has gone to her head. If the press releases I've been receiving this week are to be believed, we're over the worst. Read more
One Billion housing pledgeBloomberg 22 April 2009 April 21 (Bloomberg) -- Chancellor of the Exchequer Alistair Darling will set aside 1 billion pounds ($1.45 billion) to revive house building in the U.K., a person familiar with the matter said, after the financial crisis cut the number of construction projects in half in the last year. Read more
