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News Archive - Jul 2008 - Buildstore


Economists argue over direction of interest rates
Economists argue over direction of interest rates

Two economists from the Bank of England''s monetary policy committee (MPC) have expressed very different views about how the body should proceed in th...

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Published: 31/07/2008

 
New opposition to eco towns
New opposition to eco towns

The government''s eco-towns plans took another blow when housing minister Caroline Flint faced a hostile reception from those opposed to the plans as ...

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Published: 31/07/2008

 
Government in transport cash plan for new builds
Government in transport cash plan for new builds

Ministers have shortlisted 36 housing developments for a possible share of a £200 million pot to help them integrate new homes with the creation ...

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Published: 31/07/2008

 
House prices in record fall
House prices in record fall

The latest Nationwide House Price index has recorded the largest fall yet seen in UK house prices. In its July monthly figures the lender recorded a ...

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Published: 31/07/2008

 
Warning over first-time buyer scheme
Warning over first-time buyer scheme

A recently-announced government scheme to help first-time buyers onto the housing ladder may not deliver the right kind of housing, it has been stated...

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Published: 30/07/2008

 
Crosby report comes in for criticism
Crosby report comes in for criticism

The interim Crosby report into the state of the UK mortgage market has come in for criticism from industry members who believe that it does not go...

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Published: 30/07/2008

 
Now is the time to fit insulation, says NIA
Now is the time to fit insulation, says NIA

The National Insulation Association (NIA) has said that the present time is a very good one to fit insulation, because of rising fuel costs. Speaking...

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Published: 30/07/2008

 
Lending falls again
Lending falls again

New figures from the bank of England have revealed that the mortgage market has declined further. During June the number of loans to buy homes fe...

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Published: 29/07/2008

 
New build homes 'more energy efficient'
New build homes 'more energy efficient'

New build homes are better when it comes to saving energy and lowering household fuel bills, a housing firm has stated. Persimmon Homes said that the...

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Published: 29/07/2008

 
Survey reveals homeowner fear
Survey reveals homeowner fear

A new survey has shown that as many as 36 per cent of the population believe they will never own their own home. The study by price comparison site ...

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Published: 29/07/2008

 
Thwarted buyers still want to own homes
Thwarted buyers still want to own homes

Nine out of ten Britons still desire to own their homes, despite the current economic and mortgage market climate that is making it hard to do so an...

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Published: 28/07/2008

 
House prices drop again
House prices drop again

The latest Land Registry house price index has revealed a further drop across England and Wales. Figures from the body for June showed that there w...

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Published: 28/07/2008

 
New stamp duty plea issued
New stamp duty plea issued

Property firm Badger Holdings has renewed its plea for government action to boost the UK housing market. Managing director of the company Tony Addi...

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Published: 28/07/2008

 
House price boom 'to return'
House price boom 'to return'

The housing market will soon see a return to fast-rising prices, a new report has predicted. A report by the National Housing Federation (NHF) has sa...

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Published: 28/07/2008

 
Green self builders could 'avoid eco town charges'
Green self builders could 'avoid eco town charges'

Self build initiatives are one way to get around green living without paying service charges. The alternative is to fork out as much as £500 a...

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Published: 25/07/2008

 
Self build project approved by Holyrood
Self build project approved by Holyrood

A disabled man in Scotland can finally make plans for independent living after the Scottish government overturned refusals to build a self-contained f...

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Published: 25/07/2008

 
NHF backs Taylor report
NHF backs Taylor report

A new report proposing to tackle property unaffordability in rural areas has received the backing of the National Housing Federation (NHF). The rec...

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Published: 25/07/2008

 
New standards for green homes announced
New standards for green homes announced

Housing minister Caroline Flint has set out rigorous new standards to ensure eco-towns maintain a high level of environmental commitment. Among the r...

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Published: 25/07/2008

 
Chief officer 'should be given new status'
Chief officer 'should be given new status'

The government should look again at its decision not to take on board economist Kate Barker''s proposals that that chief planning officer ought to be ...

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Published: 24/07/2008

 
General call for rate hold
General call for rate hold

Most of the members of the Bank of England''s monetary policy committee (MPC) opted for an interest rate hold in July, the minutes of its meeting have...

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Published: 24/07/2008

 
Gwynedd people 'cannot afford housing'
Gwynedd people 'cannot afford housing'

People living in the Gwynedd area of Wales are being hit by rising house prices meaning it is more difficult for them to pay for the general cost of l...

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Published: 24/07/2008

 
Fire assistance good news, says NLA
Fire assistance good news, says NLA

Fresh guidance drawn up in a bid to enhance the overall safety of homes in terms of fire hazards has been praised by the National Landlords Associatio...

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Published: 23/07/2008

 
Eco housing fair 'delayed due to crunch'
Eco housing fair 'delayed due to crunch'

Current economic pressures have meant that a housing fair set to take place in Scotland has now been delayed. A number of eco-homes were due to be sh...

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Published: 23/07/2008

 
Planning changes 'not a great idea'
Planning changes 'not a great idea'

The Conservative MP for Basingstoke Maria Miller has hit out at changes made by the government to house planning in the area. Ms Miller said that the...

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Published: 23/07/2008

 
Affordability in countryside 'must be addressed'
Affordability in countryside 'must be addressed'

A new report has suggested that rural villages will be populated only by wealthy people unless greater efforts are made to build cheaper homes. The a...

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Published: 23/07/2008

 
Rate-cut supporting MPC member may be alone
Rate-cut supporting MPC member may be alone

Bank of England monetary policy committee (MPC) Member David Blanchflower has issued an urgent appeal for interest rates to be reduced. In an intervi...

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Published: 22/07/2008

 
Green boilers important for energy efficiency
Green boilers important for energy efficiency

Those looking to renovate a home should consider installing a green boiler as one of the measures that can improve energy efficiency, the National Lan...

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Published: 22/07/2008

 
New Hips row erupts
New Hips row erupts

A new row has emerged over the government''s home information pack scheme (Hips) after a fresh pledge by the Conservatives to abolish it if they win t...

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Published: 22/07/2008

 
West country affordability problem highlighted
West country affordability problem highlighted

A new survey has revealed how the lack of affordability in the south-west of England is a major problem, particularly for younger people, according to...

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Published: 22/07/2008

 
House prices 'down year-on-year'
House prices 'down year-on-year'

Property prices decreased by two per cent year-on-year in July, according to a fresh report released by Rightmove. And the value of homes also dipp...

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Published: 21/07/2008

 
Traditional market towns 'beating crunch'
Traditional market towns 'beating crunch'

Homes in traditional market towns are unlikely to be affected greatly by the credit crunch, it has been suggested. According to the Halifax, 67 per c...

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Published: 21/07/2008

 
Changes to housing 'confused'
Changes to housing 'confused'

Government changes made to housing plans in the Oxfordshire area have been met with opposition from councillors there. Leader of Oxfordshire county c...

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Published: 21/07/2008

 
New council package unveiled by government
New council package unveiled by government

Housing development may be speeded up after a fresh £510 million housing package was announced by the government. The Housing and Planning Del...

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Published: 21/07/2008

 
Eco town crisis in Cambridge
Eco town crisis in Cambridge

Plans for a controversial eco town near Cambridge could be shelved after the main landowner this week refused to sell to developers . Medical resear...

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Published: 18/07/2008

 
Calls for incentives to 'boost building improvements'
Calls for incentives to 'boost building improvements'

A committee of MPs has called on the government to provide extra cash to increase the energy efficiency of commercial properties. In its report thi...

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Published: 18/07/2008

 
Homeowners urged to improve property security
Homeowners urged to improve property security

Increasing home security should be further up property owners'' lists of priorities, according to Virgin Money. The company fears people are more p...

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Published: 18/07/2008

 
Efficiency improvements 'could reduce tenant turnover'
Efficiency improvements 'could reduce tenant turnover'

Landlords who boost the energy efficiency of their properties could be rewarded with longer-lasting tenants, experts claim. According to the National...

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Published: 18/07/2008

 
Self build included in Highland housing plan
Self build included in Highland housing plan

A plan to build new homes in a small town in the Scottish Highlands will include opportunities for self build , it was announced this week. Deve...

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Published: 17/07/2008

 
Government criticised over empty homes 'U-turn'
Government criticised over empty homes 'U-turn'

The government has been accused of a u-turn on promises to bring more empty homes back into use and of substituting instead a policy concentrating ent...

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Published: 17/07/2008

 
Government housing proposals criticised
Government housing proposals criticised

New government proposals to help people into home ownership have been criticised as being limited and of little use to most. Yesterday housing minist...

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Published: 17/07/2008

 
MPC member in possible hint at higher rate
MPC member in possible hint at higher rate

A member of the Bank of England''s monetary policy committee (MPC) has hinted that the body should not be planning to cut rates any time soon. Speaki...

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Published: 16/07/2008

 
New government plans 'not enough'
New government plans 'not enough'

Housing minister Caroline Flint has announced new plans to help increase home ownership in Britain, but they have been criticised for not going far en...

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Published: 16/07/2008

 
Hospital proximity may be key to house price
Hospital proximity may be key to house price

A new survey has found that many estate agents believe the value of houses can be linked to the proximity of hospitals. The study by findaproperty....

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Published: 16/07/2008

 
Cheap Preston properties 'snapped up by landlords'
Cheap Preston properties 'snapped up by landlords'

Estate agents in Preston have revealed that a fall in house prices has led to landlords buying up a number of homes. The mini-boom has seen a large...

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Published: 16/07/2008

 
Regional housing plan unveiled
Regional housing plan unveiled

The government has revealed its Regional Spatial Strategy plan for the north-east of England, including new housing plans. In the plan, which covers ...

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Published: 15/07/2008

 
Survey shows credit crunch not stopping self build
Survey shows credit crunch not stopping self build

A new survey has shown that most self builders are moving ahead with their self build and renovation plans. The Buildstore poll of 500 such buil...

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Published: 15/07/2008

 
Housing transactions down again
Housing transactions down again

The number of housing transactions has fallen again, providing more evidence that the property market is still in decline. Figures from the Royal I...

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Published: 15/07/2008

 
Inflation rises again
Inflation rises again

Hopes of an early interest rate cut may have been dealt a major blow with news that the consumer prices index (CPI) rate of inflation has jumped by ha...

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Published: 15/07/2008

 
House price affordability 'to go on falling'
House price affordability 'to go on falling'

The affordability of homes is on course to go on falling, it has been predicted. A report by Professor Michael Ball, Professor of Urban and Property...

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Published: 14/07/2008

 
Housing slide 'over in a year'
Housing slide 'over in a year'

An opinion poll of estate agents has found that the majority believe the house price dip will be over a year from now. The survey, carried out by A...

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Published: 14/07/2008

 
Norfolk eco town faces new pressure
Norfolk eco town faces new pressure

Opponents of a proposed eco town in Norfolk have sought to step-up their campaign against the proposals, it has been reported. Paul Thomas, a campaig...

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Published: 14/07/2008

 
Affordability issue biggest rural problem, says poll
Affordability issue biggest rural problem, says poll

A BBC poll has revealed that a lack of affordable homes is the biggest problem the countryside faces. The ICM poll for the Country File programme fou...

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Published: 14/07/2008

 
House prices in "freefall" says Cable
House prices in

Liberal Democrat Treasury spokesman Vince Cable has said that UK house prices are now in "freefall". Mr Cable made his comments in response...

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Published: 11/07/2008

 
FMB survey gives more bad news for builders
FMB survey gives more bad news for builders

The prognosis for the UK building industry is getting worse, according to the Federation of Master Builders (FMB). In its latest quarterly survey t...

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Published: 11/07/2008

 
NAEA in stamp duty plea
NAEA in stamp duty plea

The National Association of Estate Agents (NAEA) has urged the government to take more action to help those trying to get on the housing ladder. Re...

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Published: 11/07/2008

 
Upfront costs 'unaffordable' says new study
Upfront costs 'unaffordable' says new study

A new report by the Royal Institution of Chartered Surveyors (Rics) has said that the upfront costs of buying a home are now beyond the means of lower...

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Published: 10/07/2008

 
Council considers home renovation proposal
Council considers home renovation proposal

In plans that could form a template for similar projects elsewhere, a council in the south of England is considering proposals to refurbish empty exis...

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Published: 10/07/2008

 
Bank of England holds base rate
Bank of England holds base rate

The Bank of England''s monetary policy committee has announced that it has decided to hold the base rate at five per cent. At noon today the MPC reve...

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Published: 10/07/2008

 
Report reveals fear over housing policy
Report reveals fear over housing policy

There is a danger that the government''s methods of achieving its target of building three million new homes by 2020 could be too uniform and not take...

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Published: 10/07/2008

 
Estate agents split over house price fall predictions
Estate agents split over house price fall predictions

House price falls could last for another six to 12 months, the majority of estate agents questioned in a new survey by Abbey stated. However, while...

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Published: 09/07/2008

 
UK homes need 'green improvements'
UK homes need 'green improvements'

Homes in the UK need to be built in a more environmentally-friendly fashion in years to come, it has been claimed. A research team from Oxford Unive...

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Published: 09/07/2008

 
Self build sector 'flourishing'
Self build sector 'flourishing'

The burgeoning number of people looking to construct their own home is helping the self build market buck depressed property trends. While a shri...

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Published: 09/07/2008

 
FMB: Proposed VAT cuts will help self builders
FMB: Proposed VAT cuts will help self builders

European Commission plans to reduce VAT rates on renovation and maintenance work spell good news for homeowners hoping to undertake self build or ...

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Published: 09/07/2008

 
NAEA: No second homes in eco towns
NAEA: No second homes in eco towns

Investors in second homes should be prevented from purchasing properties in proposed new eco towns, an expert suggests. According to the chief execut...

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Published: 08/07/2008

 
House price growth recorded in London
House price growth recorded in London

House prices in London are growing, despite the economic slowdown and the recent credit crunch, new figures show . Data from the latest Chesterton P...

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Published: 08/07/2008

 
5% rate predicted to last the year
5% rate predicted to last the year

A leading economist forecasts that the UK''s base rate of interest will remain fixed at five per cent until 2009. Ross Walker, an economist at the Ro...

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Published: 08/07/2008

 
Government will 'cash in' on fuel bill taxes
Government will 'cash in' on fuel bill taxes

The government is going to make millions out of taxes as a result of soaring energy prices, it has been claimed. According to the Cut the VAT campaig...

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Published: 07/07/2008

 
City workers 'boost' Newquay property plots
City workers 'boost' Newquay property plots

Plots of land in Newquay are in high demand, according to one local estate agent in the area. Talking to the Guardian, director of estate agents ...

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Published: 07/07/2008

 
Economists predict interest rate hold
Economists predict interest rate hold

Financial markets experts forecast that the Bank of England''s monetary policy committee (MPC) will opt to keep the base rate on hold at its two-day m...

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Published: 07/07/2008

 
Yorkshire's proposed eco town 'under threat'
Yorkshire's proposed eco town 'under threat'

A shadow has been cast over proposals to ring in an eco town in the Leeds area. Although shortlisted by the government as a possible site for an ec...

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Published: 07/07/2008

 
Homeowners are keen to 'go green'
Homeowners are keen to 'go green'

Many British homeowners are looking to become more energy efficient and lessen their affect on the environment, a new survey has revealed. Conducted ...

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Published: 07/07/2008

 
Pathfinder scheme comes under fire
Pathfinder scheme comes under fire

A government scheme designed to try and offer the housing market a lift in some areas of the country has come in for criticism. Pathfinder was creat...

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Published: 03/07/2008

 
Eco town plans 'favoured by public'
Eco town plans 'favoured by public'

New research released has claimed that a high number of people in the UK would welcome the creation of eco towns. The study, which was unveiled by ho...

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Published: 03/07/2008

 
'Defences required' for flood-prone properties
'Defences required' for flood-prone properties

Homeowners who live in an area that is prone to flooding should ensure they fit defences to protect the property from such an event, an insurance ...

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Published: 03/07/2008

 
Report shows large fall in building
Report shows large fall in building

The construction of new homes has plummeted by the fastest rate in more than ten years, a new survey has concluded. A study the Royal Institution of...

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Published: 02/07/2008

 
Flint in affordable homes plan launch
Flint in affordable homes plan launch

Housing minister Caroline Flint has announced the introduction of a new scheme aiming to boost the market and increase the building of affordable home...

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Published: 02/07/2008

 
Party challenged over housebuilding policy
Party challenged over housebuilding policy

The Federation of Master Builders (FMB) has backed comments criticising government policy towards housebuilding by Conservative shadow housing ministe...

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Published: 02/07/2008

 
Call for self build project in Ulverston
Call for self build project in Ulverston

People in the Cumbrian town of Ulverston could be set to use self build as a way of getting on the housing ladder. Local organiser Geoff Dellow has...

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Published: 01/07/2008

 
Credit crunch 'only having small impact' on self build
Credit crunch 'only having small impact' on self build

The self build industry is withstanding the credit crunch much better than other parts of the housing sector, it has been suggested. Raymond Conno...

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Published: 01/07/2008

 
Rics proposes flexible stamp duty system
Rics proposes flexible stamp duty system

The Royal Institution of Chartered Surveyors (Rics) has proposed a series of changes to the stamp duty system, labelling the current structure as bein...

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Published: 01/07/2008

 

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