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LATEST PROPERTY NEWS
'Potter effect' drives up house prices !!
Property market experts are noticing a new trend in what is influencing the rise in house prices UK towns, which they are terming the "Potter-effect". !!
Best buy-to-let investment is houses not flats !!
The best buy-to-let investment for capital gains and rental yields in today's market and in the longer term is in houses and not flats, an expert has said. !!
DCLG: House prices break 200,000 barrier !!
The average UK house price reached 201,090 in December breaking the 200,000 barrier for the first time, government figures reveal today. !!
Buy-to-let investors still on the up !!
The number of people looking to invest in a buy-to-let property is continuing to rise despite higher interest rates and tighter rental yields. !!
Indoor and outdoor plants can trade places !!
Indoor and outdoor plants can successfully trade places around 60 per cent of the time, a new gardening study reveals. !!
PROPERTY FINANCE NEWS
House prices grind to near standstill !!
House prices grew by just 0.1% in July; the lowest rate of monthly growth since January 2006, according to the latest national housing market survey from Hometrack, the housing intelligence business. !!
Skipton gives help with HIPs !!
With three working days to go until the August 1st deadline, sellers of four or more bedroomed properties requiring a Home Information Pack (HIP), are being offered a helping hand by Skipton Building Society. !!
Watchdog confirms Nationwide-Portman merger !!
City watchdog, the Financial Services Authority (FSA), has officially confirmed that the merger between the Nationwide and Portman building societies can proceed. !!
Buy-to-let fills housing gap? !!
The buy-to-let sector has continued to enjoy steady growth in the first half of 2007, providing affordable accommodation for increasing numbers of households. So says specialist buy-to-let mortgage lender, Paragon. !!
Mortgage approvals weaker !!
Just released figures from the BBA - the banking and financial services trade association - point to weaker mortgage approvals and subdued consumer credit. !!