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Property News

  • Entire phase of new development sold out prior to launch

    16th April 2015

    Following the launch of the first phase of the Claragh Hill Gardens Development inMarch when itsold out within three opening weekends, the second phase has now surpassedthis recordby selling out prior to the official launch. It was decided to all...

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  • Major success for the first New Development Launch in 2015

    2nd March 2015

    The launch of the first phase of new homes in Claragh Hill Gardens, Kilrea has proved a complete success in the first weekend of the open Showhouse. Two of the most common compliments made by the large numbers of prospective purchasers who attend...

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  • Gross mortgage lending in December up 49% reaching £17BN

    12th February 2014

    Gross mortgage lending was an estimated 17 billion in December, according to the Council of Mortgage Lenders. This matches November's gross lending total, however, it is 49% higher than December 2012 ( 11.4 billion) and the highest total for a De...

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  • "337,550 people have moved up housing ladder last year", says Lloyds Bank

    12th February 2014

    Lloyds has issued a press release on its latest Homeowners Review, showing that 337,500 people have moved up the housing ladder in 2013. The average deposit in 2013 was 76,398 - rising by six per cent in the past year. Commenting on the figures,...

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    31st October 2012

    17% of those who have suffered price falls since 2007 hit by 'negative equity curse', rising to 21% amongst those who bought at the peak of the market in 2007. OPTIMISM RISES BUT 'NEGATIVE EQUITY CURSE' A 'MARKET MILLSTONE' Proportion of price o...

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  • Britons more optimistic about housing market prospects than a year ago

    30th October 2012

    Britons more optimistic about housing market prospects than a year ago but North/South divide widens Just over a third (35%) of respondents forecast that the average UK house price will rise over the next year, whilst a fifth of respondents (20%)...

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  • The September market trend data from the Land Registry has been published

    29th October 2012

    The September market trend data from the Land Registry has been published. Headlines include: September house prices were down 0.3% on August The average house price in England and Wales is now 162,561 The South East topped the table of reg...

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  • Outlook for recovery improves

    22nd July 2011

    Consumers are slightly less negative about the outlook for the housing market, the latest BSA Property Tracker survey reveals. The proportion who did not think it is currently a good time to buy dropped to 21% from 29% in March. Some 41% think i...

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  • Government announces delay to EPC changes

    22nd July 2010

    Two changes to the current requirements in respect of EPCs were expected to take place on July 1 and October 1. However the Government has announced a delay as the Regulatory Policy Committee, which scrutinises new regulations, has yet to give cl...

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  • Lowest-ever interest rates aim to reboot housing market

    22nd July 2010

    The average interest rate across two-year fixed rate mortgage products is at its lowest since the Bank of England base rate dropped to 0.5% in March 2009. This highlights the increased levels of competition within the mortgage market, according t...

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  • UK Housing Review Briefing

    22nd July 2010

    A recent report from the Chartered Institute of Housing (CIH) predicts 100,000 first-time buyers excluded from the housing market in 2011 and backs up NAEA and ARLA concerns. The UK Housing Review Briefing, released to coincide with the CIH annua...

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    22nd July 2010

    Department of Communities and Local Government ? House Price Index, February 2010 The latest UK house price index statistics, produced by the Department of Communities and Local Government, have been released this morning. The latest statistics ...

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    22nd July 2010

    The latest RICS housing market survey shows that house prices continue to rise, but at a slower pace. The March 2010 RICS Housing Market Survey showed surveyors remained positive on price movements over the last three months at the national level...

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  • Budget Announcement

    18th March 2010

    The Chancellor has delivered the 2010 Budget to the House of Commons this afternoon; with a headline announcement of Stamp Duty relief for properties of 250,000 and under, until the end of 2011. The main items of interest for the NAEA, ARLA and I...

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