Spanish banks will have to put a “huge quantity” of repossessed homes on the market over the next few months, said Juan Iranzo, Managing Director of the Institute of Economic Studies (IEE), during the presentation of a new book on the Spanish economy and housing market, sponsored by the savings bank Bancaja.
According to Iranzo, the [...]
Posts under ‘Opinion’
Future housing conference – Council of Mortgage Lenders
Future housing conference information
24 February 2010
Conference time: 0845hrs – 1630hrs
Background
The CML compile and publish a range of statistics on the UK housing and mortgage markets including key data on mortgage lending, arrears and possessions and market segments such as buy-to-let. This unparalleled knowledge and insight into the important role housing plays in the economy is [...]
Latest Bank mortgage lending figures may point to slower January – Council of Mortgage Lenders
The latest Bank of England mortgage data published today confirms the likelihood that there may have been a “bunching” of house purchase transactions in December to beat the stamp duty concession deadline.The gross lending total of £13.4 bn in December 2009 was in line with the CML’s estimate (£13.5 bn) and seems to confirm the CML’s view that much activity was “rushed [...]
Effects Of The End Of The Stamp Duty Holiday – Decision Homebuyers Report
London, England (Jan 11, 2010) – Decision Homebuyers, one of the UK’s most trusted and flexible home buying specialists, comment on the impending end of the stamp duty holiday and the effects it will have on the current housing market conditions.
Surveyors in the West Midlands, East Midlands, Wales and Scotland predict that the end of [...]
USA – Another Big Gain in Existing-Home Sales as Buyers Respond to Tax Credit
Washington – Existing-home sales rose again in November as first-time buyers rushed to close sales before the original November 30 deadline for the recently extended and expanded tax credit, according to the National Association of Realtors®.
Existing-home sales – including single-family, townhomes, condominiums and co-ops – rose 7.4 percent to a seasonally adjusted annual rate1 of [...]
Home insurance – Beware problems arising from cancelling or failing to renew
Beware Of Dumbing Down Your Home Insurance Cover
Unlike many other home insurance policies, Sainsbury’s Home Insurance offers unlimited buildings cover, a no claims discount of up to 30% and does not apply charges for paying by direct debit.
LONDON, ENGLAND, December 02, 2009
Customers taking out Sainsbury’s Home Insurance qualify for Double Nectar points on their Sainsbury’s [...]
Nationwide: House prices edge up further in November
• House prices rose by 0.5% in November, the same rate as in October
• Year-on-year house price inflation increased from 2.0% to 2.7%
• Labour market has so far held up better than expected
Commenting on the figures Martin Gahbauer, Nationwide’s Chief Economist, said:
“The monthly rate of house price inflation was unchanged in November at a seasonally [...]
Property Developers say: Zero Carbon Buildings won’t help meet emissions targets as Government ignores existing stock
The country’s biggest property developers have welcomed government plans to introduce zero carbon commercial buildings from 2018, but have warned that carbon reduction targets will be missed unless existing buildings are tackled.
Property giants including British Land, Hammerson, Hermes, Land Securities, Legal and General. Prupim and SEGRO, who own and manage the country’s biggest shopping centres [...]