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Weekend Property Headlines - 12th July 2009

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SATURDAY

Financial Times
Borrowers hit with steep rise in home loans, p.1
House prices show signs of stability – 0.3pc down in June, FT House Price Index, p.4
Tchigirinski house in Belgravia sold for cut-price £33m, p.14
Money
Mortgage rate rises defy calls for fairer lending, p.1
Disparity in housing market as supply shortages kick in – competition lifts prices in desirable areas, p.2

Daily Telegraph
Shortage of homes for sale aids property boom in some areas, p.12
High Court says some of the conditions Foxtons imposed on landlords for managing tenanted properties were a “trap” and a “time-bomb”, p.31
Property
Coastal house prices remain buoyant, but it pays to do your research, p.p1
The market is heating up in some of London’s most exclusive districts, p.p3

The Times
Buy-to-let landlords can claim millions as Foxtons loses commissions case, p.48

The Independent
How can I juggle saving for a pension and buying a house?, p.54

The Guardian
Bovis Homes axes its half-year dividend, p.35

Daily Express
Bovis saves in bid to snap up cheap land, p.84

SUNDAY

Sunday Times
Taxman is seeking powers to triple the amount of tax it raises from Britain's 700,000 landlords - move to make it easier to identify Buy To Let investors failing to pay tax on rental income and capital gains, p2
Government to offer 'green mortgages' - low interest loans to fund energy saving measures within the home in a bid to encourage home owners to reduce carbon emissions. Households that refuse to take part could be penalised with higher council tax rates and raised stamp duty for buyers when they sell, p6
Money
Borrowers on ultra-low tracker deals are being urged not to overpay mortgage and instead take advantage of top savings deals, p6

Daily Telegraph
Banks ignore low base rate, increasing cost of fixed rate deals, p6
Government to announce plans for householders generating their own energy to sell excess supplies back to the National Grid, p6
Money&Jobs
FSA on a mission to restore our trust, p7

The Observer
Radical housing policy shift from Conservatives as homes shortage deepens - Tories attempt outflank Labour by increasing council involvement in low-cost housing, p2
Ban on 100% home loans dropped amid fears that it could wreck the emerging recovery in the housing market, p5

The Independent
Bank from the dead: The 125% loan - but this is nothing like Northern Rock says Ray Boulger, p81
Property funds, p86
Rates hold brings little joy for homebuyers, p89

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Date Published: 12 July 2009

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