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Income of £51,429 needed for average mortgage in South West reveals National Housing Federation's Home Truths report
The housing shortage in the South West is pushing house prices and private rents out of reach for local workers, with a gross annual income of £51,429 needed for the average mortgage in the region.
Housing - Posted 06/03/2014

Social landlord in £10m solar deal
Landlord sells feed-in tariff income to institutional investor.
Inside Housing - Posted 06/03/2014

Social housing index to launch
A property data business is close to launching a sector-wide index to measure the performance of social housing as an asset class.
Inside Housing - Posted 06/03/2014

Homeowners told to switch to fixed deals ahead of rate rise
THE BANK of England is almost certain to keep interest rates at their historic low of 0.5 per cent today – yet with lenders increasingly expecting a rise to come within the next year, rates on mortgages and credit card are creeping upwards.
City A.M. - Posted 06/03/2014

Sixty Icon ‘Take profits' on UK housebuilders after strong run, says Credit Suisse
Credit Suisse has downgraded its rating for the UK housebuilding sector from ‘overweight’ to ‘market weight’, telling investors that it is time to take profits.
Ifa Magazine - Posted 06/03/2014

Grafton boss: ‘UK could stand doubling of interest rates'
The UK’s recovery is strong enough to withstand a doubling of interest rates, the head of builders’ merchant Grafton said today.
London Evening Standard - Posted 06/03/2014

Housebuilders fall as Credit Suisse finds them fully valued
London property prices are booming and look set to keep rising — but Credit Suisse doesn’t think the benefits will filter down to Britain’s housebuilders.
London Evening Standard - Posted 06/03/2014

Sixty Icon Bank of England to take rock-bottom interest rate past its fifth birthday as services sector shows robust growth
The strength of the recovery by Britain’s economy was confirmed today by data showing robust growth in the key services secor, giving Bank of England policymakers plenty to mull over at their monthly meeting.
Mail Online - Posted 06/03/2014

UK service sector growth remains strong, PMI survey says
The UK service sector continued to "expand strongly" in February, a survey has said, with job creation at its fastest pace for four months.
BBC - Posted 06/03/2014

Sixty Icon Mintel sounds warning over housing bubble
Analysts at Mintel have warned that the sustained improvement in the housing market could be hampered by any removal of government initiatives designed to prop it up.
Inside Housing - Posted 06/03/2014

Hampshire landlords offer alternative to pay day lenders
Three housing associations in Hampshire have joined forces to take on door step and pay lenders by offering cheaper credit services to tenants.
Housing - Posted 05/03/2014

Sixty Icon Housing associations join forces to buy training company
Three Midlands-based housing providers have joined forces to acquire an award-winning training company.
24 Housing - Posted 05/03/2014

Taking on the payday lenders: Council's cash boost for credit union
Haringey Council is to loan £250,000 to a borough credit union, in a move designed to drive people away from payday lenders.
24 Housing - Posted 05/03/2014

How does broadband speed affect your property's value?
Super-fast broadband can help the sale of your rural property, but if BT is dragging its heels, try cutting out the middle man .
The Telegraph (register) - Posted 05/03/2014

Haringey Council loans £250,000 to credit union to help battle against payday lenders
A north London council is putting its cash behind battling the growing scourge of predatory payday lenders in its borough.
London Evening Standard - Posted 05/03/2014

Sixty Icon Auditor queries Help to Buy spending
National Audit Office says government has sunk £3.7bn into mortgage loan scheme without being able to gauge its success.
The Guardian - Posted 05/03/2014

Sixty Icon Video: Council to buy 500 homes to tackle housing shortage
About 500 homes will be purchased by a local authority in north London to tackle its housing shortage.
BBC - Posted 05/03/2014

Service charge for leaseholders probed by OFT
The sometimes fraught relationship between leaseholders and their freeholders is going to be investigated by the Office of Fair Trading (OFT).
BBC - Posted 05/03/2014

Five years ago the Bank of England cut the base rate to its historic low of 0.5%: Did you get a dirt cheap mortgage or savings pain?
It has been five years to the week since the Bank of England took the dramatic decision to chop interest rates to their current historic low.
Mail Online - Posted 05/03/2014

Sixty Icon Service charges probe to see if leasehold homeowners get a raw deal from landlords and managing agents
People living in leasehold properties could be being treated unfairly by freeholder landlords and managing agents who dictate the service charges they must pay for maintenance and insurance.
Mail Online - Posted 05/03/2014

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