Last week the Chancellor, George Osborne, stated the new housing budget included slashing the benefits almost in half – from 8.4 billion pounds to 4.4 billion pounds over the next four years. This would be achieved by “massively increasing” the rent on any new properties being built to up to 80 per cent of the [...]
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Despite rumours of a slowing market the Halifax has reported that house prices have risen by 0.6% in July 2010. The average price has risen from £166,351 to £167,245. This rise is on the back of three consecutive monthly falls and economists has in fact predicted that July would continue to see a decline of [...]
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