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News Archive - Jun 2008 - Buildstore


Mortgage lending down again
Mortgage lending down again

The Bank of England has revealed that last month saw a further fall in mortgage lending for house purchases. In its latest statistical release, the...

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Published: 30/06/2008

 
Renovation better than eco towns, says FMB
Renovation better than eco towns, says FMB

The Federation of Master Builders (FMB) has argued that renovating existing homes is a better idea than building eco towns. Speaking out against the ...

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Published: 30/06/2008

 
Europe backs renovation VAT cut
Europe backs renovation VAT cut

The campaign to get the rate of VAT levied on renovation work reduced has been given the backing of the European Commission. Welcoming news that th...

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Published: 30/06/2008

 
CPRE in new eco towns criticism
CPRE in new eco towns criticism

The Campaign to Protect Rural England (CPRE) has issued a statement criticising the government''s plans to create ten new eco towns and has called for...

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Published: 30/06/2008

 
Renovation 'soaring in popularity'
Renovation 'soaring in popularity'

The practice of renovating one''s home is growing rapidly in popularity as a result of the credit crunch, it has been stated. Research by lender GE M...

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Published: 27/06/2008

 
Inflation to keep on rising, says King
Inflation to keep on rising, says King

The prospect of interest rates falling in the near future may have been dealt a further blow this week as Bank of England governor Mervyn King told me...

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Published: 27/06/2008

 
Liquidity 'still the problem' for housing market
Liquidity 'still the problem' for housing market

The liquidity situation is the prime difficulty facing the housing market at present, surveyor firm Connells has said. Managing Director Ross Bowen m...

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Published: 27/06/2008

 
MP's Roman threat to new homes
MP's Roman threat to new homes

A new development of 2,500 homes in Colchester may be under threat due to its location in the vicinity of a significant archaeological find. Builde...

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Published: 27/06/2008

 
Norfolk eco-town is not "done deal"
Norfolk eco-town is not

Housing minister Caroline Flint has dismissed speculation her visit to a proposed Norfolk eco-town site signaled confirmation building will go ahead...

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Published: 26/06/2008

 
Homeowners urged to renovate
Homeowners urged to renovate

Upgrading properties to include better insulation is the best way to save money and the environment, experts have advised. The Independent claims ins...

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Published: 26/06/2008

 
Eco-town challenged
Eco-town challenged

The future of a shortlisted eco-town proposal looks uncertain this week as campaigners against the build began a legal challenge. The Better Accessib...

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Published: 26/06/2008

 
Planning reforms get the green light
Planning reforms get the green light

Proposed reforms to the UK''s planning system have been approved by MPs this week, potentially speeding up applications for a range of developments, w...

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Published: 26/06/2008

 
DIY improvements can 'generate market value'
DIY improvements can 'generate market value'

Many homeowners are attempting to higher the price of their properties before putting them on the market, it has been claimed. Alliance & Leicest...

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Published: 25/06/2008

 
Self builders 'should pick water plots'
Self builders 'should pick water plots'

People constructing their own homes ought to ensure that they pick a good plot close to water, it has been claimed. According to the Sunday Mirror,...

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Published: 25/06/2008

 
Houses were 'unprepared for floods'
Houses were 'unprepared for floods'

Parts of the UK are still vulnerable to flooding and defences must be improved, it has been suggested this week. The Institution of Civil Engineers (...

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Published: 25/06/2008

 
Swimming pools can 'seal the deal'
Swimming pools can 'seal the deal'

Additions to homes such as tennis courts and swimming pools can help to sell them, but the position of these houses is likely to be more important, it...

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Published: 25/06/2008

 
Mortgage rates top seven per cent
Mortgage rates top seven per cent

The cost of mortgages has now risen to the point where the average fixed-rate deal has an interest rate of over seven per cent. Finance website Mon...

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Published: 24/06/2008

 
Mortgage lending in new decline
Mortgage lending in new decline

Mortgage lending in the UK took a further dip in May, new figures have indicated. The British Bankers'' Association (BBA) revealed that the rise in...

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Published: 24/06/2008

 
West country eco town under pressure
West country eco town under pressure

The only proposed eco town in the south-west of England is facing pressure to improve its blueprint if it is to have a chance of making the final ten ...

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Published: 24/06/2008

 
New figures confirm buyer dip
New figures confirm buyer dip

Recent statistics showing a major fall in the number of housebuying transactions taking place in the UK have been closely matched by new figures showi...

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Published: 23/06/2008

 
German system put into practice
German system put into practice

In news which may interest those thinking of self building an eco home, a new residential building is being constructed in York that requires no conve...

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Published: 23/06/2008

 
Firm reveals self-build sustainability device
Firm reveals self-build sustainability device

Those looking to self build their homes can now do so in an eco-friendly way thanks to a new device which its makers say will "open a new chapt...

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Published: 23/06/2008

 
Flint in eco-town threat
Flint in eco-town threat

Housing minister Caroline Flint has threatened to pull the plug on any eco town proposals that fail to meet the "highest possible standards for s...

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Published: 23/06/2008

 
Update green guide launched
Update green guide launched

In news which may interest those looking to self build or renovate a home to make it as eco friendly as possible, a second edition of a guide to suc...

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Published: 20/06/2008

 
Minister in flood helpline announcement
Minister in flood helpline announcement

A new website and helpline will be set up to advise property owners on practical measures they can take in order to prevent serious flood damage, th...

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Published: 20/06/2008

 
Kent property popularity may threaten supply
Kent property popularity may threaten supply

The popularity of Kent as a place to live is likely to continue growing, it has been predicted. Aprey Homes noted that Royal Mail research has shown ...

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Published: 20/06/2008

 
New build rising in value
New build rising in value

Newly built homes are defying the rest of the property market by increasing in price, a new survey has indicated. In its latest monthly New Homes a...

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Published: 20/06/2008

 
Now is good time for green renovations, suggests housebuilder
Now is good time for green renovations, suggests housebuilder

Those wanting to live in new and eco-friendly homes with features that will help save energy could not pick a better time than now, it has been sugges...

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Published: 19/06/2008

 
Poll shows new homes are most popular
Poll shows new homes are most popular

A survey of first-time buyers has revealed that the home type of choice for most of them is a new build property . The study by new home firm SmartN...

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Published: 19/06/2008

 
Mortgage lending falls again
Mortgage lending falls again

Mortgage lending volumes are back on a downward trend, new figures have indicated. Council of Mortgage Lenders (CML) statistics showed that after...

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Published: 19/06/2008

 
Eco homes display may provide ideas
Eco homes display may provide ideas

Those thinking of using the self build method to construct their own eco homes or carry out green renovations may pick up some new ideas from the di...

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Published: 18/06/2008

 
House prices 'to take years to recover'
House prices 'to take years to recover'

UK house prices will not only decline from their 2007 peak levels, but take four years to rise above that figure, it has been predicted. The poll of ...

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Published: 18/06/2008

 
Concerns raised over flood risk to homes
Concerns raised over flood risk to homes

A poll has shown that most of the British public believe insufficient action is being taken to protect homes from repeats of the flooding that struck ...

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Published: 18/06/2008

 
Governor speaks of 'uncertainty' over future rate
Governor speaks of 'uncertainty' over future rate

It is difficult to tell what the correct policy for the Bank of England''s monetary policy committee (MPC) will need to be in the months ahead, govern...

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Published: 18/06/2008

 
Conservative plan to encourage greener living
Conservative plan to encourage greener living

Those planning to renovate their homes to make them more eco-friendly could have a new reason to do so if the Conservatives win the next election. Pa...

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Published: 17/06/2008

 
UK homes lose value
UK homes lose value

The end of the housing boom and the onset of the credit crunch have seen the total value of UK homes decline by £300 billion, it has been suggest...

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Published: 17/06/2008

 
Governor forced to write letter by inflation surge
Governor forced to write letter by inflation surge

Bank of England governor Mervyn King will be obliged to write an open letter to the chancellor of the exchequer explaining the policy approach of the ...

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Published: 17/06/2008

 
Hips call disputed
Hips call disputed

A call for home information packs to no longer be mandatory has met with a cool response from a body that represents those who sell the packs. The Ca...

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Published: 17/06/2008

 
Housebuilding starts slump to post-war low
Housebuilding starts slump to post-war low

The number of homes being built is at a post-war low, the Construction Products Association (CPA) has revealed today. Based on forecasts by the body,...

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Published: 17/06/2008

 
Home improvements 'can offset falls'
Home improvements 'can offset falls'

Those who renovate their homes can add value to them to counteract any drops in the market and now is a good time to undertake such work, it has been ...

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Published: 16/06/2008

 
No rate cuts this year, CBI predicts
No rate cuts this year, CBI predicts

The Confederation of British Industry (CBI) has forecast in its latest report on the UK economy that the Bank of England''s monetary policy committe...

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Published: 16/06/2008

 
Housebuilding 'to fall'
Housebuilding 'to fall'

The number of new homes being built in Britain is on course to continue falling, the House Builders Association has said. Roger Humber, the organisat...

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Published: 16/06/2008

 
East midlands tipped as top for growth
East midlands tipped as top for growth

The east Midlands region has been forecast to be the highest region in Britain for population growth over the decade from 2006 to 2016. A projection ...

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Published: 13/06/2008

 
Rate cuts are months away, say economists
Rate cuts are months away, say economists

The majority of a group of economists has said the next Bank of England base rate move will be to cut rates rather than raise them, but predicted this...

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Published: 13/06/2008

 
Homes firm says gardens can add to house value
Homes firm says gardens can add to house value

Those self building or renovating a home may benefit from the development of a garden to add to its value, a home builder has suggested. Gleeson ...

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Published: 13/06/2008

 
Expensive town poses dilemma for buyers and renters
Expensive town poses dilemma for buyers and renters

Those looking to buy or rent a house in the Herefordshire town of Ledbury face bigger hurdles than anywhere else in the county, it has been revealed. ...

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Published: 13/06/2008

 
Selby eco town plans thrown out
Selby eco town plans thrown out

Those hoping to live in an eco home in the Selby area of West Yorkshire may have a new reason to consider self build as a way of achieving this afte...

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Published: 12/06/2008

 
Halifax 'to change mortgages'
Halifax 'to change mortgages'

Halifax, one of Britain''s biggest mortgage lenders, is planning to announce changes to the prices of several of its products today, it has been rep...

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Published: 12/06/2008

 
Green energy 'boosting house prices'
Green energy 'boosting house prices'

Some new homes which are supplied by green electricity could find that their building cost increases by up to 30 per cent, it has been claimed. Exper...

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Published: 12/06/2008

 
Eco homes could inspire with design
Eco homes could inspire with design

Those looking to self build their own eco homes may be inspired by the new innovations which are part of a project in Milton Keynes. A development...

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Published: 11/06/2008

 
Renovation 'planned by millions'
Renovation 'planned by millions'

New research has found that millions of householders are looking to renovate their homes over the course of the next year. The survey by Abbey Mortga...

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Published: 11/06/2008

 
Concrete 'can help in sustainable construction'
Concrete 'can help in sustainable construction'

Concrete can play a major part in sustainable and environmentally-friendly construction, the British Cement Association has commented. In a statement...

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Published: 11/06/2008

 
Liquidity situation 'to ease'
Liquidity situation 'to ease'

The UK mortgage market will soon start to ease as liquidity improves, it has been predicted. Peter O'' Donovan, head of mortgages at brokerage Best...

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Published: 11/06/2008

 
Eco towns under further pressure
Eco towns under further pressure

The proposed eco town at Ford in West Sussex has come under renewed pressure after a TV celebrity joined a march against it. Presenter Ben Fogle, who...

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Published: 10/06/2008

 
Interest rate rise fear rises
Interest rate rise fear rises

The latest inflation-related statistics have sparked fears of a hike in interest rates as the Bank of England faces increasing inflation. Factory gat...

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Published: 10/06/2008

 
Self build homes may gain from Manchester C-Charge
Self build homes may gain from Manchester C-Charge

A property expert has said that homes close to good public transport links in Manchester may gain in value due to the enhancement of such links and ...

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Published: 10/06/2008

 
Price recovery only slight
Price recovery only slight

The level of house prices is still falling, new figures from the Royal Institution of Chartered Surveyors (Rics) have revealed. Rics statistics for t...

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Published: 10/06/2008

 
Minister speaks out for eco towns
Minister speaks out for eco towns

Housing minister Caroline Flint has defended the government''s eco town plans in an article written for a regional newspaper. Writing for the Yorkshi...

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Published: 09/06/2008

 
Scotland 'to sit tight' amid credit crunch uncertainty
Scotland 'to sit tight' amid credit crunch uncertainty

The credit crunch will cause many people in Scotland to "do the safe thing - which is nothing", in the property market while the credit cr...

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Published: 09/06/2008

 
Homebuilding and renovation show set for Newbury
Homebuilding and renovation show set for Newbury

A show which will help those engaged in the self build or renovation of their homes is to be held in the Berkshire town of Newbury later this mo...

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Published: 09/06/2008

 
Bean stalks deputy governor role, say reports
Bean stalks deputy governor role, say reports

Bank of England chief economist Charles Bean is set to be appointed to the role of deputy governor with responsibility for monetary policy this week, ...

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Published: 09/06/2008

 
Conference to discuss zero-carbon homes
Conference to discuss zero-carbon homes

A conference in Scotland is to investigate ways of achieving the government''s aim of making all new homes in Britain carbon neutral by 2016. The fut...

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Published: 06/06/2008

 
New homes agent in stamp duty call
New homes agent in stamp duty call

The managing director of a company specialising in new homes has called for stamp duty to be axed for first-time buyers. David Bexon of SmartNewHomes...

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Published: 06/06/2008

 
Planning bill delayed
Planning bill delayed

The government has announced it is delaying its planning bill amid suggestions that it could be facing a revolt from Labour backbenchers. It has put ...

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Published: 06/06/2008

 
Quirky property 'attracts higher value'
Quirky property 'attracts higher value'

Those who take on unusual non-residential buildings and renovate them to become homes will find that this attracts a price premium if and when they ar...

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Published: 06/06/2008

 
Group plans to fight demolition
Group plans to fight demolition

An action group based in East Yorkshire has put in a bid to redevelop a near-derelict set of homes rather than demolish them. Goole Action Group (Gag...

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Published: 05/06/2008

 
Affordability 'causing house price falls'
Affordability 'causing house price falls'

Britain''s house prices fell again last month, new figures have revealed. The Halifax House Price Index for May has revealed that last month saw a 2....

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Published: 05/06/2008

 
Landowners 'willing to sell low for affordable homes'
Landowners 'willing to sell low for affordable homes'

Altruistic landowners are often willing to sell plots of land for building at discount prices if the result will be more affordable homes, new resea...

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Published: 05/06/2008

 
Bank holds base rate
Bank holds base rate

The Bank of England''s monetary policy committee (MPC) has voted to hold the base rate at five per cent. At noon today the body said there would be n...

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Published: 05/06/2008

 
Over 40,000 self builds in the last year, statistics show
Over 40,000 self builds in the last year, statistics show

Figures from the Federation of Master Builders (FMB) have shown that anyone considering a self build is in good company. Statistics from the FMB fo...

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Published: 04/06/2008

 
Self build co-operatives suggested
Self build co-operatives suggested

A resident of a rural Welsh area has suggested that locals form together into self build co-operatives to constrict their own homes in order to get ...

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Published: 04/06/2008

 
FSA seeks closure of illegal land scheme
FSA seeks closure of illegal land scheme

An illegal investment land scheme which prompted people to pay money into a fund for land that was never subjected to planning permission should b...

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Published: 04/06/2008

 
Young people 'priced out of housing'
Young people 'priced out of housing'

A large proportion of young working households are unable to buy homes because of affordability constraints, a new report has found. The study carrie...

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Published: 04/06/2008

 
South-east 'has higher quality of life'
South-east 'has higher quality of life'

The south-east of England has been described as having a superior quality of life to other parts of the country. Charlie Snell, director of estate ag...

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Published: 03/06/2008

 
Microgeneration potential disputed
Microgeneration potential disputed

The government has come under pressure to axe its commitment to making all new homes zero carbon by 2016. Describing the plan as "deluded",...

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Published: 03/06/2008

 
Eco town petition grows
Eco town petition grows

Opponents of eco towns have been signing a petition against the proposals on the Downing Street Website in their thousands, it has been revealed. The...

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Published: 03/06/2008

 
Under-25s 'unable to move home'
Under-25s 'unable to move home'

Those aged under 25 are the worst affected of the millions who now feel unable to move home due to the current state of the housing market, a survey h...

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Published: 02/06/2008

 
Mortgage approvals down again
Mortgage approvals down again

The number of mortgage approvals for house purchases was down again in April, new figures have shown. Bank of England figures for lending to indivi...

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Published: 02/06/2008

 
Affordability problem 'set to get worse'
Affordability problem 'set to get worse'

The problem of the task of affordable new homes in Britain could be set to get worse due to the shortfall in the number of homes being built, the Home...

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Published: 02/06/2008

 

 
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