In the news... February

Thousands attend Housing Options Affordable New Homes Show -

Housing Options - jointly delivered by London housing associations and HomeBuy Agents, L&Q and MHO - held the London Affordable Homes Show on Saturday 6th February in Westminster and saw over 4,000 Londoners attend to find out about affordable home ownership in the capital.

http://www.housingoptions.co.uk/ho2/ho2/news_detail.asp?newsid=168  

In the news... January

End of stamp duty caused 2-year December high in first time buyers -

The CML has also released data this week showing that first time buyers rushed to the market in December, in a bid to beat the changes to stamp duty. The number of loans to first-time buyers hit a two-year high in December 2009, driven by a rush to buy properties in the £125,000 - £175,000 bracket before the year-end stamp duty concession expired, according to figures released b the CML. They have also produced a report about first time buyers and mortgage lending, available from their publications page.

http://www.cml.org.uk/cml/media/press/2543  

In the news... December

Nationwide say house prices rose 0.4% in December and 5.9% over 2009 -

Commenting on the figures Martin Gahbauer, Nationwide's Chief Economist, said: House prices rose by a further 0.4% in December, continuing the recent trend of moderate month-on-month increases… At £162,103, the average price of a typical UK property has ended the year 5.9% higher than at the end of 2008. Few could have foreseen this development at the start of the year, when the near term price trend was still pointing to a repeat of the double digit annual decline experienced in 2008. Although house prices are still 12.2% lower than their October 2007 cyclical peak, they have now rebounded by an impressive 8.9% since their February 2009 trough.

http://www.nationwide.co.uk/hpi/historical/Dec_2009.pdf 

In the news... November

Stamp Duty holiday to come to an end -
The Stamp Duty holiday brought in by the government to temporarily remove stamp duty on homes costing between £125,000 and £175,000, is due to end on 31 December. The Government brought in the relief as part of a package of measures designed to stimulate the economy and housing market as the recession took hold.

Shared Owners will have the option to choose from two options when paying their stamp duty. The first will be to pay the SDLT on 100% of the value of their property at the initial purchase stage which could mean an extra upfront cost upwards of £1,250 depending on the exact price of the home they buy.. The second option is to pay in stages, with SDLT only being paid on the initial share purchased if this falls within the banding. The property would then not be eligible for any further payments until the owner had reached 80% ownership.

For further advice on Stamp Duty Land Tax for affordable housing you can visit http://www.hmrc.gov.uk/sdlt/transaction/shared-ownership

In the news... October

First time buyer demand increasing -
Demand from first time buyers is rising, while buy to let investors are now gravitating towards houses than flats, says RICS' latest housing market research. The RICS' new buyer enquires series has reported a positive net balance for 11 consecutive months. Additional questions in the August Housing Market Survey focused on the issue of fi rst time buyers. Surveyors report ed that 13 percent of new enquiries derived from first time buyers with a net balance of 28 percent reporting that the number of first time buyer enquiries had increased over the past three months.

http://www.rics.org/site/scripts/press_article.aspx?pressreleaseID=138

Brownfield usage for new homes up 3% -
The number of homes built on brownfield land in England rose by 3 percentage points between 2007 and 2008, according to official figures from the Department of Communities and Local Government. Eighty per cent of dwellings, including conversions, were built on previously developed land last year, compared to 77% in 2007, Land Use Change data from the UK Statistics Authority shows.

http://www.communities.gov.uk/documents/statistics/pdf/1362889.pdf

In the news... September

INplace have won the award for the 'Most Innovative Marketing Approach' at the Affordable Home Ownership Awards 2009 -
On the back of our Butlins themed marketing campaign at Grand Ocean in Brighton encouraging First Time Buyers to 'Break the Rules' we have been awarded our first housing award.

To experience Grand Ocean for yourself visit ur website at www.gograndocean.co.uk or call 01273 390 317 and speak to our sales team

In the news... March

http://www.southwark.gov.uk/info/200180/bermondsey_spa

John Healey announces more funding for first time buyers and housebuilding jobs -

Housing Minister John Healey has announced £83 million to get building over 5,700 new and affordable homes stalled by the recession back on track. This cash will also get struggling house builders building homes again safeguarding over 1,700 jobs.

http://www.communities.gov.uk/news/corporate/1498184 

In the news... February

Thousands attend Housing Options Affordable New Homes Show -

Housing Options - jointly delivered by London housing associations and HomeBuy Agents, L&Q and MHO - held the London Affordable Homes Show on Saturday 6th February in Westminster and saw over 4,000 Londoners attend to find out about affordable home ownership in the capital.

http://www.housingoptions.co.uk/ho2/ho2/news_detail.asp?newsid=168  

In the news... January

End of stamp duty caused 2-year December high in first time buyers -

The CML has also released data this week showing that first time buyers rushed to the market in December, in a bid to beat the changes to stamp duty. The number of loans to first-time buyers hit a two-year high in December 2009, driven by a rush to buy properties in the £125,000 - £175,000 bracket before the year-end stamp duty concession expired, according to figures released b the CML. They have also produced a report about first time buyers and mortgage lending, available from their publications page.

http://www.cml.org.uk/cml/media/press/2543  

In the news... December

Nationwide say house prices rose 0.4% in December and 5.9% over 2009 -

Commenting on the figures Martin Gahbauer, Nationwide's Chief Economist, said: House prices rose by a further 0.4% in December, continuing the recent trend of moderate month-on-month increases… At £162,103, the average price of a typical UK property has ended the year 5.9% higher than at the end of 2008. Few could have foreseen this development at the start of the year, when the near term price trend was still pointing to a repeat of the double digit annual decline experienced in 2008. Although house prices are still 12.2% lower than their October 2007 cyclical peak, they have now rebounded by an impressive 8.9% since their February 2009 trough.

http://www.nationwide.co.uk/hpi/historical/Dec_2009.pdf 

In the news... November

Stamp Duty holiday to come to an end -
The Stamp Duty holiday brought in by the government to temporarily remove stamp duty on homes costing between £125,000 and £175,000, is due to end on 31 December. The Government brought in the relief as part of a package of measures designed to stimulate the economy and housing market as the recession took hold.

Shared Owners will have the option to choose from two options when paying their stamp duty. The first will be to pay the SDLT on 100% of the value of their property at the initial purchase stage which could mean an extra upfront cost upwards of £1,250 depending on the exact price of the home they buy.. The second option is to pay in stages, with SDLT only being paid on the initial share purchased if this falls within the banding. The property would then not be eligible for any further payments until the owner had reached 80% ownership.

For further advice on Stamp Duty Land Tax for affordable housing you can visit http://www.hmrc.gov.uk/sdlt/transaction/shared-ownership

In the news... October

First time buyer demand increasing -
Demand from first time buyers is rising, while buy to let investors are now gravitating towards houses than flats, says RICS' latest housing market research. The RICS' new buyer enquires series has reported a positive net balance for 11 consecutive months. Additional questions in the August Housing Market Survey focused on the issue of fi rst time buyers. Surveyors report ed that 13 percent of new enquiries derived from first time buyers with a net balance of 28 percent reporting that the number of first time buyer enquiries had increased over the past three months.

http://www.rics.org/site/scripts/press_article.aspx?pressreleaseID=138

Brownfield usage for new homes up 3% -
The number of homes built on brownfield land in England rose by 3 percentage points between 2007 and 2008, according to official figures from the Department of Communities and Local Government. Eighty per cent of dwellings, including conversions, were built on previously developed land last year, compared to 77% in 2007, Land Use Change data from the UK Statistics Authority shows.

http://www.communities.gov.uk/documents/statistics/pdf/1362889.pdf

In the news... September

INplace have won the award for the 'Most Innovative Marketing Approach' at the Affordable Home Ownership Awards 2009 -
On the back of our Butlins themed marketing campaign at Grand Ocean in Brighton encouraging First Time Buyers to 'Break the Rules' we have been awarded our first housing award.

To experience Grand Ocean for yourself visit ur website at www.gograndocean.co.uk or call 01273 390 317 and speak to our sales team

In the news... March

http://www.southwark.gov.uk/info/200180/bermondsey_spa

John Healey announces more funding for first time buyers and housebuilding jobs -

Housing Minister John Healey has announced £83 million to get building over 5,700 new and affordable homes stalled by the recession back on track. This cash will also get struggling house builders building homes again safeguarding over 1,700 jobs.

http://www.communities.gov.uk/news/corporate/1498184