 Related News
|
 Easy living at The Embankment
THE ANTICIPATION is almost over as hosing provider Derwent Living prepares to open its show flat at The Embankment – Nottingham’s most modern and original new affordable housing scheme.
|
New homes in London are cheaper than a year ago
In spite of a 9% rise in London’s new home prices at the end of last year, the average price is £18,000 lower than a year ago. According to the SmartNewHomes.com monthly index, the average price of a new home in London in December was £420,983 a 4.1% drop for the same month in 2006.
|
East Anglia and Wales compete with London for end of year price growth
East Anglia and Wales have shown steady growth across the new homes market to end the year on a positive note, according to the SmartNewHomes.com monthly index. East Anglia, due to its good commuter links saw prices rise at 2.6% and Wales due to its popularity for second homes saw a price rise of 3.1%.
|
New appointment strengthens SmartNewHomes.com team
SmartNewHomes.com has expanded its sales team with the appointment of Julia Price as New Business Manager. Julia has joined the team from estate agency, Reeds Rains where she was a Lettings Co-ordinator and was also responsible for overseeing sales negotiations within her branch.
|
Comments On The First Time Buyer Review By Halifax
David Bexon, Managing Director, SmartNewHomes.com, comments on the
First Time Buyer Review by Halifax:
|
New homes market finishes 2007 on a positive note
Despite current market turbulence, the new homes market is finishing 2007 on a positive note, with monthly price increases returning to those previously experienced in the spring.
|
|
|
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 5.5%:
“Today’s decision to hold interest rates at 5.5% is unwise and does not reflect industry sentiment to make further cuts to kick start the housing market.
“I am particularly disappointed at the lack of sympathy for first time buyers, who are still not being offered reasonable mortgage deals.
“Further interest rate cuts from now on must be made and the Government should also look at scrapping stamp duty for first time buyers altogether.”
See Also: Press Releases (379)
Date Published: 10 January 2008
