Buy-to-let sees rental increase of 1.2% |
| The perennial festive period has
given us two months of declining rentals. However
in February average rentals have increased 1.2%
to £814pcm. This from a low of £804pcm.
The increase is a positive sign for the market.
Available rental properties
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Greater court protection for homeowners |
| A consultation by the ministry
of justice on whether homeowners who have been
unable to meet or service their debt should accrue
a minimum level of debt before a court can order
the sale of their propery and/or main residence. |
| High
court order secured against Foxtons by OFT |
| The Office of Fair Trading has
secured (OFT) secures the final High Court order
against Foxtons. The order prevents it from using
certain terms in relation to sales and commissions
within its letting agreements with consumer landlords. |
| Home
buying and selling needs more innovation |
| The Office of Fair Trading (OFT)
sees a shake up in how homes are sold. To include
a review of legislation and allowing new entrants
into the market. All leading to a better deal
for sellers and buyers alike.
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January house prices rise 2.1% |
| Land Registry data for January
confirms an annual price change of 5.2 per cent.
This now takes the average property price in England
and Wales to £165,088. Also the second positive
reporting in consecutive months.
|
Ministry
of Justice probe Cartel Client Review |
| BBC Radio 4's Money Box has learned
that Cartel Client Review is subject to an investigation
by The Ministry of Justice following complaints.
Cartel Client Review take an upfront fee of up
to £495. They offer to assist consumers
by examining their |
Sub Prime advertising breaches regulations |
| The Office of Fair Trading has
sought to ensure that Reset Finance Ltd comply
with credit advertising regulations by issuing
certain requirements against the firm. Reset advertise
products such as sub prime credit through lead
generation |
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