New proposals made by the Bank of England aim to prevent housing boom

Proposals made by the Bank of England, including a cap of 15% on the number of mortgages that lenders can give to people who want more than 4.5 times their salary, are being recommended to prevent another housing crisis…

To read the whole article, click here.

Local Authorities Escape Hefty Resource Drain as Court of Appeal rules on Homelessness

The Court of Appeal have provided an important ruling in the case referenced above, in which the appellant applied for protection under Part VII of the Housing Act 1996 as homeless and was granted it, without priority status. When appealing the priority aspect, Hackney declared that the appellant was no longer homeless – a decision which she has taken all the way to the Court of Appeal…

To read the whole article, click here.

The Property Market Monthly Fact File – July 2014

The property market fact file is a collection of data compiled each month by our Chartered Surveyors and the propertysurveying.co.uk team; collating survey data, statistics, trends and information from the property market. This aims to provide a single place where anyone with an interest in UK property can find the information they need.

To read the monthly fact file, click here.

A Tale of Two Countries

There has been much publicity over the last month regarding the state of the booming Luton Bedfordshirehousing market. When closely analysed, however, the housing market itself has seen remarkable internal differences; with mild to modest increases in the vast majority of the country and the affluent South East surging ahead. The differences are sufficiently pronounced almost to suggest a tale of two different countries, rather than different areas within the same economy. What then can be done to rebalance this differential and bring the two halves of a broken country back into a single whole?

To read the whole article, click here.