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March 2012 from Gateway Homes

To the one I love… can I move in?

30/03/2012

A study has found that people feel emotions usually reserved for human relationships when they encounter the house of their dreams. The study, led by Dr Glenn Wilson, revealed that 35 per cent of potential property buyers said they couldn’t … Read more →

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House prices fall in March

29/03/2012

House prices fell by one per cent in March, according to a report from Nationwide that was issued shortly after the end of the stamp duty holiday. The average price of a property stood at £163,327 this month, while values … Read more →

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Home improvements adding less value

28/03/2012

Property owners trying to attract a quick home sale will often turn to a bit of DIY to make their house more attractive to buyers, but a new study suggests that their efforts are not making as big a difference … Read more →

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Shop vacancies reach record highs

27/03/2012

Shop vacancies have reached a record high of 14.6 per cent, new data published by the Local Data Company has revealed, which may present a host of new opportunities for property buyers looking to add commercial space to their portfolios. … Read more →

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Advice for first-time tenants

26/03/2012

The Association of Residential Letting Agents (ARLA) has issued some advice for people who are becoming tenants for the first time – whether they are moving out of their parents’ home or have arranged a quick home sale because their … Read more →

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Tips for getting a quick home sale

23/03/2012

Homeowners looking for a fast house sale have been given some advice by the National Association of Estate Agents (NAEA), which said the best way to make a home attractive is to see it through the eyes of a potential … Read more →

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Stamp duty rises to 7% for £2m+ homes

22/03/2012

Property buyers seeking homes worth more than £2 million were hit with a seven per cent stamp duty tax in yesterday’s (March 21st) Budget announcement. The 40 per cent increase in stamp duty for the highest band means anybody purchasing … Read more →

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What will the Budget hold for property investors?

21/03/2012

Chancellor George Osborne is expected to announce in this today’s (March 21st) Budget that the government will make a number of changes to property rules, including a relaxation of the regulations for Real Estate Investment Trusts (REITs). Under the plans, … Read more →

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Britain’s cheapest house? Yours for £10,000

20/03/2012

Property buyers who are short of cash may be interested to hear about what is believed to be Britain’s cheapest house – although the property is in desperate need of some TLC. According to the Guardian, the bidding for 29 … Read more →

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Property market confidence up, but job security fears remain

19/03/2012

Consumers are feeling more positive about the housing market but less confident in their job security, the Building Societies Association’s (BSA) latest Property Tracker has identified. The survey of over 2,000 people revealed that 41 per cent believe property prices … Read more →

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First-time buyers ‘need to ask the right questions’

16/03/2012

First-time property buyers are often not fully considering all the implications of owning a home of their own, according to a new study from HSBC. Although most first-timers take location, size of garden and proximity to local shops and schools … Read more →

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Olympic village to deliver thousands of new homes

15/03/2012

Communities secretary Eric Pickles has visited the East Village of the Olympic Park to see how work is progressing on the site. At an exhibition hosted at New London Architecture, the minister was shown housing designs for 2,818 new homes, … Read more →

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Debt problems and unemployment still challenging households

14/03/2012

Despite trying hard to reduce their spending and pay down debts, many households are still facing headwinds of falling incomes and the rising cost of living, the Consumer Credit Counselling Service (CCCS) has said. In its analysis of the 370,000 … Read more →

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RICS survey indicates optimism for future of housing market

13/03/2012

Property buyers and sellers felt more optimistic about the housing market during February, the latest housing market survey from the Royal Instituton of Chartered Surveyors (RICS) has revealed. The month marked the first time since May 2010 that respondents have … Read more →

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NewBuy scheme launched to help property buyers

12/03/2012

A new scheme designed to give property buyers a helping hand has been launched by the government today (March 12th). Under the NewBuy mortgage indemnity scheme, as many as 100,000 prospective buyers will be able to borrow up to 95 … Read more →

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Calls for more women to enter the property industry

09/03/2012

The president of the National Association of Estate Agents (NAEA) has called for more women to enter the property industry, after new figures revealed that only a quarter of agents registered with the organisation are female. Although in some parts … Read more →

Rental prices begin to slow

07/03/2012

Tenants are beginning the resist the sharp rental price increases seen in recent months, according to the Royal Institution of Chartered Surveyors’ (RICS) Residential Lettings Survey. Although rents continued to rise in the three months to January, it was at … Read more →

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Prices surge in spa towns

05/03/2012

Property buyers with homes in spa towns across England and Wales, such as Bath, Ilkley and Cheltenham, have seen their investments grow in value by nearly £130,000 on average over the last decade, according to research from Lloyds TSB. The … Read more →

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Demand still outstripping supply in private rented sector

02/03/2012

Demand for rental properties has remained high, creating further investment opportunities for landlords in the UK, the Association of Residential Letting Agents (ARLA) has said. Some 55 per cent of letting agents believe demand is now outstripping supply, meaning property … Read more →

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First-time buyers ‘confused’ by mortgage jargon

01/03/2012

Property buyers are finding the technical terms surrounding mortgages confusing and this may be putting some off from entering the market, a survey by Nationwide has revealed. More than 40 per cent of people who have looked into buying a … Read more →

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