Industry News (19 found)

Latest Nationwide HPI report released today shows a year on year increase of 9.5% and a monthly rise of 0.4%, consolidating ONS and RICS predictions.

New ONS HPI figures released today show another month on month increase of 1.3% across the UK.  This rise from 5.5% to 6.8% can only point to an upward trend.

Today’s ONS House Price Index figures, confirm the latest RICS property market projections, in that the ONS reports a 5.5% rise, as per this time last year. An upward trend, to continue.

The early launch of the Help to Buy mortgage guarantee prompted a surge of activity from lenders and borrowers across the market during October, according to the Mortgage Advice Bureau (MAB).

The Property Ombudsman(TPO)is launching a new Code of Practice for buying agents. It has been designed to create a uniform set of standards for buying agents to protect the interests of consumers and to promote best practice in the industry.

The Department for Communities and Local Government (DCLG) has been urged by MPs to reconsider plans to axe a policy that has driven up home building standards and helped to create a thriving sustainable building industry in the UK.

The Bank of England (BoE) Reports – Demand For Housing Had Continued To Strengthen, Outpacing The Increase In Supply.

The Advertising Standards Agency (ASA) have given letting agents and private landlords until 1 November to ensure they prominently include information about non-optional fees in their ads for rental properties. This will help prospective tenants to make more informed choices and avoid being misled.

The UK house price index level (184.9) has dropped back slightly from the peak last month (186.0). However, annual UK price growth has continued to increase due to larger falls in property prices in September 2012. View the PDF for all the key findings.