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Latest News
| 'Live your dream!' *NEW* Spanish Property |
| 05 Mar 2008 |
| Variety of New Spanish property for sale from Polaris World
Prestigious Golf Resorts
Alicante Airport 40 mins away
San Javier International Airport 10 mins away
Contact our office now to register your interest |
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| There are signs that the UK housing market is looking up, defying negative forecasts for 2008. |
| 25 Feb 2008 |
| There are signs that the UK housing market is looking up, defying negative forecasts for 2008.
The National Association of Estate Agents (NAEA) has published its full housing market report for January, revealing that sales, buyers and housing stock all rose month-on-month.
Recent preliminary figures suggested that this would be the case and the publication has confirmed a good start to the year.
Sales per agent rose from five in December to eight in January, according to the report, with first-time buyers (FTBs) increasing their market share by 1.5 percentage points.
Further to this, the number of registered buyers increased from 248 to 276 in that time.
Stewart Lilly, president of the NAEA, is delighted with the figures.
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| Bank of England cuts interest rates by 0.25% to 5.25% |
| 07 Feb 2008 |
| Bank cuts interest rates to 5.25%
The Bank of England's rate-setting committee has cut interest rates to 5.25% from 5.5% amid signs that the UK economy is slowing down.
Analysts had widely predicted the move, which followed recent cuts in the US, where the Federal Reserve has slashed its borrowing costs to 3% from 4.25%.
However, the Bank of England signalled it was unlikely to be as aggressive because of fears over rising prices.
Several mortgage lenders said the rate cut would be passed on to borrowers.
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| Rural Planning Law PPS14 here to stay |
| 26 Oct 2007 |
| The controversial planning law limiting building in the countryside, PPS 14, is to stay in place, despite being ruled unlawful by a High Court judge.
Source: BBCNews, Northern Ireland 25.10.07 |
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| House Prices rising by 46% over the year in first 3 months of 2007 |
| 06 Jun 2007 |
| According to the latest University of Ulster Quarterly House Price Index, produced in partnership with Bank of Ireland and the Northern Ireland Housing Executive, the first 3 months of 2007 showed house prices up 46% over the year and by 11% over the quarter. the figures suggest that rather than slowing down, the market is moving in the opposite direction as prices rose further still in the period to the end of March. |
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| Average house price in NI now over £200,000 |
| 05 Jun 2007 |
| The ovreall house price ijn Northern Ireland is now £215,590 putting it ahead of scotland, Wales and the whole north of England.
Source: University of Ulster Quarterly House Price Index produced in partnership with Bank of Ireland and the Northern Ireland Housing Executive |
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| Strong house price growth in February |
| 28 Mar 2007 |
| Strong house price growth in February - February data from the Land Registry shows a further house price gain, with an annual increase of 8.5% across UK. The monthly change in house prices of 1.0% raises the average house price to £177,099 in February 2007 |
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| Budget News - Stamp Duty |
| 21 Mar 2007 |
| No change in Stamp Duty thresholds in the Budget. However there were some concessions for 'disadvantaged' areas and sales of 'carbon zero' homes. |
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| Latest Co-Ownership property price increase |
| 14 Mar 2007 |
| Effective immediately, the property price limits for Co-Ownership are rising significantly across Northern Ireland - up to a maximum of £225,000, depending on the area. Many more homes will now be available to purchase through Co-Ownership. |
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| House prices show sharp increase |
| 12 Mar 2007 |
| Overall, the average property price in UK increased by about £4,000 in the month of January alone.with Northern Ireland seeing the strongest year-on-year price growth. |
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