No change in Houseprices reports Nationwide.

The Nationwide Building Society Survey of house prices on a monthly basis has been released today.

 

It reports that prices fell to record no change in prices over the three month indicator. 

 

Martin Gahbauer, Nationwide’s Chief Economist reports that “Houseprices fell by 0.9% month-on-month (m/m) in August, following a decline of 0.5% m/m in July. This is the first time since February 2009 that house prices have fallen in two consecutive months. The 3 month on 3 month rate of change – generally a smoother indicator of the recent price trend – fell from 1.2% in July to 0.0% in August, suggesting that house prices have essentially stagnated over the summer.”

The main holiday period (late July and August) is traditionally a slightly quieter time within the property market and it will be interesting to note the next two months figures which will give a better indication of the direction of the market over the Autumn period.

02nd September, 2010

‘Alien’ Weeds – how non-native plants can damage our property and harm our environment.

Throughout history, explorers have brought strange and exotic plants back to the UK from foreign lands. Most of these grow happily and disturb no one. However, some grow so vigorously that they force back other plants, i.e. our native ones, and cause damage to buildings. If these invasive plants are allowed to proliferate, our native eco-systems are under threat, so they must be controlled. Developers and builders have strict regulations to follow to ensure that these plants are not present when building properties.

To read the whole article, click here.

Carbon Monoxide Alarms in Buildings Regulations soon to be Law

The newly published part J Approved Document (AD J) of the Building Regulations takes effect on 1st October in England and Wales.
The building regulations will require a CO alarm to be fitted in each room of a property or building as a new or replacement fixed solid fuel, gas or oil heating appliance.
To read this Building Regulations summary and download the documents click here.