Comment on the current property market:-
4 January 2012: Proposed new EU legislation could effectively end the buy-to-let housing market for all but the highest of earners or those with larger amounts of capital.
2 December 2011: If you are a tenant in a council house or housing association property, there are important recent changes to the law that may affect you, and the right you have to purchase your home.
7 November 2011: For many first time buyers, getting into the housing market could seem like an unrealisable dream at the moment, with banks being reluctant to lend and looking for larger deposits.
2 November 2011: Buying a house or property that has been repossessed commonly means buying from a bank or mortgage lender rather than a home-owner. For many, the advantage is clear – price.
20 September 2011: A recent report released by the National Housing Federation shows that there are mixed fortunes for those in the housing market, with predictions that house prices are set to rise sharply over the next few years.
2 September 2011: The new Mortgage Verification Scheme, initiated by HMRC and the Council of Mortgage Lenders and the Building Societies Association, was launched at the beginning of this month, in a bid to prevent the increasing problem of mortgage fraud.
11 August 2011: Recent news reports have given a mixed view of the state of the housing market.
5 February 2009: The Monetary Policy Committee of the Bank of England today voted to reduce the official Bank Rate paid on commercial bank reserves by 0.5 percentage points to 1.0%.
15 January 2009: Shetland MSP, Tavish Scott, has sought assurances from the Government that no-one selling a house on Shetland will be penalised because of failings in a database of Shetland properties.
8 January 2009: The Bank of England today dropped interest rates to 1.5% taking rates into territories as yet unchartered during the 315 year history of the Bank.
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