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UK Government Considers Building More New Towns

By Allison Halliday | March 21, 2012
Apparently the UK government is thinking about building more new towns, with Prime Minister David Cameron envisaging garden cities with characterful homes and plenty of open spaces. Not surprisingly his plans have already come under fire from green campaigners and rural groups.
International, Real Estate, US Real Estate

UK Housing Minister Announces £20 Million Fund to Help Prevent Repossessions

By Allison Halliday | February 13, 2012
The UK Housing Minister, Grant Shapps, has announced there will be a new £20 million Preventing Repossessions fund to help homeowners in danger of being repossessed, something which will enable local councils to offer interest-free loans to homeowners.
International, Real Estate, US Real Estate

UK Government Aims to Get Britain Building Again

By Allison Halliday | January 27, 2012
The UK government is stepping up its efforts to get Britain building again as Housing Minister, Grant Shapps has just announced a new partnership between the government and the National House Building Council (NHBC)
Real Estate, US Real Estate, World Real Estate

UK facing sharp rise in house repossessions

By Allison Halliday | June 29, 2011
According to Richard Banks, CEO of UK Asset Resolution, the country is facing a sharp rise in repossessions once interest rates begin to rise.   UK Asset Resolution is the state company which was set up to manage the £80 billion of mortgages formerly owned by banks, which were bailed out by taxpayers during the […]
Real Estate, US Real Estate, World Real Estate

UK Plans State Funded Mortgage Scheme

By Allison Halliday | June 21, 2011
The UK government has joined forces with more than 100 home-builders to help first-time buyers get a foot on the housing ladder. The government-backed scheme costing £500 million will help reduce the size of required deposits to 5% of the property's value, with the government and home-builders each providing interest-free loans equivalent to 10% of […]
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