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 Comment on the implementation of EPCs for new homes
David Bexon, Managing Director of SmartNewHomes.com comments on the implementation of EPCs for new homes from 6th April 2008:
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New homebuyers in the south pay £7,533 more stamp duty than buyers in the north
According to the latest SmartNewHomes.com index, new homes buyers in the south are faced with stamp duty bills that are £7,533 higher than those in the north, based on the current average price of a new home recorded in February.
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March pre-budget report comment
David Bexon, Managing Director, SmartNewHomes.com, comments ahead of the pre-budget report:
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Home Counties prove the biggest draw for today’s retirees
The South East is the most popular destination for retirees in 2008, according to SmartNewHomes.com, which has compiled a list of the top ten retirement destinations based on the searches for new homes over the last six months.
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Agent Analyser adds a new dimension to Trinity online portfolio
A new groundbreaking product that enables estate agents to stay ahead in today’s market, Agent Analyser has been acquired by Trinity Mirror plc as a valuable asset to its already existing portfolio of online services.
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New homes in London are almost £54,000 higher than three months ago
In spite of a drop in price in January, where the average price of a new home in London was down 2.1% on December, the average price over the last three months has in fact risen by 21.6%.
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David Bexon, Managing Director of SmartNewHomes.com, comments on this month’s decision from the Bank of England’s Monetary Policy Committee (MPC) to hold interest rates at 5.25%:
“Today’s decision to hold interest rates at 5.25% is not unexpected. However, many house buyers and sellers are still waiting for the last two interest rate cuts to make a difference as lenders have not passed them on.
“First time buyers are willing to buy but need attractive mortgage deals to give them confidence to take the plunge.
“House prices are not sliding dramatically but if interest rates remain at their current levels the housing market will take longer to recover. The MPC must consider cutting interest rates next month.”
See Also: Press Releases (371)
Date Published: 06 March 2008
