Helping Innovate Property (HIP) – Blog, Housing Market News and Articles

Since the demise of Home Information Packs, the housing Market is somewhat flooded with an over supply of property. Houses are selling, but not as fast as most people would like, many properties being on the market for many months and even in some cases, years.

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When planning permission is granted for any development, for it to be valid the development must be commenced within a given time period. The local authority can specify a time period but in the absence of this the default time periods of three years (full planning permission) or five years (outline planning permission). Commencing the development for which permission was granted after the time period has expired has the same effect as carrying out development with no permission.

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The Big Property List, a new Google-powered, free-to-use property portal, has been launched today, laying down the gauntlet to everyone in the business of buying, selling and renting property in the UK.

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The government’s mortgage rescue scheme, which is not to be confused with commercial schemes which may describe themselves as mortgage rescue but are really sell to rent schemes, is a state funded, not for profit scheme which aims to help home owners stay in their homes where they would otherwise be repossessed and evicted.

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Not so long ago it seemed just about everybody was jumping on the bandwagon, looking to make their fortune from property. Every time we turned on the television there was another program telling us what we should and shouldn’t do and how to get rich quick.

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What a lender needs to do before it can repossess a property, what happens when a house gets repossessed and what to do if your home is at risk from repossession

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Nobody wants to have to evict a tenant but unfortunately there is sometimes no option but to do so. When this happens the proper legal process must be followed to ensure the eviction is successful and the landlord is not guilty of an offence.

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Nationwide building society have released their latest property market report which shows that prices rose again in June but only struggled to find a 0.1% increase.

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The latest craze to affect the property market is “sell to rent back scheme”. You’ll see lots of adverts on national television (usually during the daytime) and it seems every week there is another leaflet through the door. These schemes have a bad reputation, but is that justified?

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Google UK has finally moved into the UK property market by adding additional property search functionality to Google Maps. Initial reports indicate Google have willing partners in Countrywide estate agents, Zoopla and Trinity Mirror with Rightmove as the obvious missing player in the development so far.

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House prices were 10.1% higher in April 2010 than in April 2009, gaining 0.4% during March 2010 alone.

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