Huge drop in social housing predicted
Housing associations have warned that without urgent government intervention there will be a ‘catastrophic’ collapse in the provision of new social housing. The 1,900 social landlords have urged ministers to…
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Demand for first-time buyers scheme three times more than expected
The new HomeBuy Direct scheme – allowing buyers earning less than £60,000 to take out a mortgage for 70 per cent of the cost of a property and an interest-free…
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Market choices
TRUST KEN LOACH to inject a bit of politics into the Cathy Come Home anniversary. Interviewed on the Today Programme this morning, the director took issue with the idea that…
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Mortgage rescue scheme starts today
A new £200 million scheme to prevent thousands of vulnerable people from losing their homes and avoid repossession comes into force nationwide today. The scheme allows housing associations to buy…
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Lunchtime news April 24
In its response to the Calcutt review of housebuilding, the Council of Mortgage Lenders [downloads PDF] has called for more consultation to avoid mortgagebility problems caused by modern methods of…
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Budget 2007
In Budget reaction, the NHF said Gordon Brown’s statement yesterday was a ‘missed opportunity to solve the housing crisis’. The CIH called for more R&D funding for new green housing…
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Bank of England in crisis talks with building societies
The Bank of England is in talks with seven building societies hoping to renegotiate emergency funds made available during the credit crunch. While the building societies – including Chelsea, Yorkshire…
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One in four unable to get mortgage…
Research from the National Association of Estate Agents has revealed that nearly one in four people claim they are unable to get a mortgage due to the tighter lending criteria…
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RICS wants empty homes brought back into use
The government could house tens of thousands of families if it took steps to bring Britainâs 750,000 empty homes back into use, a report by the Royal Institute of Chartered…
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House price fall at lowest rate for a year
House prices fell at the lowest monthly rate for a year in April, according to latest figures from Hometrack. They fell by 0.3 per cent for the month, taking prices…