Monthly Archives: October 2010

Prince Charles offers to take on major architectural role

The Prince’s Foundation for the Built Environment may fill hole left by quango cuts.

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Bad news for homeowners as values drop again

The value of an average UK home decreased by more than a month’s wages in October, reports say.

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Surveys on potential homes essential, says Rics

Paying for a survey on a house before you buy could save money in the long-term, says Rics.

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Cameron ‘sticking’ to housing benefit cap

David Cameron has stated that the decision made on the housing benefit cap in the spending review will be final.

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Precise Mortgages to start lending to homeowners

Precise Mortgages has been given approval to start lending to owner-occupiers by the Financial Services Authority.

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Sales of million pound properties double in a year

Properties worth £1m plus experienced a significant jump in sales between 2009-10

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Number of new homes built at record low

The number of new homes built last year was the lowest on record.

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Land markets ‘increasingly polarised’

Land markets are becoming polarised due to economic conditions and weakness in the housing market.

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Government slashes housing budget

Half of the social housing budget has been cut by George Osborne in today’s spending review, although £4.5 billion worth of funds is set to be redirected into building 150,000 new homes.

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Spending cuts ‘mean no affordable housing’

Only 243 affordable homes will be built before March 2010 due to spending cuts, according to new figures.

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