Thousands Homeless by Christmas

Thousands could be homeless by Christmas

I don’t understand this quote though: “Social landlords are already reporting a rise in rent arrears following the government’s move to reduce housing benefit earlier this year.”

Do people on LHA in council accomodation also get the room rate applied? I thought ‘
LHA rates are used to calculate housing benefit for tenants renting from private landlords’ and don’t apply to social housing.

See What does the LHA scheme cover?

Cherry Burton Hall

Cherry burton HallCherry Burton Hall is a picturesque house in Beverley, East Yorkshire

Incredibly pretty house, lovely features including the arch above the front door.
It’s a massive house with 7 Bedrooms (4 en suite)
Also with a Cottage, Coach House & Garages
Beautiful grounds and parkland
6 Stables, Tack Room & Manege
About 40.63 acres

£2.85M gets you this lovely house built at the turn of the 18th century and then later remodelled in 1857-58 for David Burton by the renowned architects, Cuthbert Brodrick

It’s on with two agents – Knight Frank has a brochure which shows the floor plans and the ground plan too. Very grand rooms and lovely big windows and staircase and hall make this a really fab house.

Great features

wild oak laneTiles and staircase spring out at me as being fantastic features of this house built in 1801 for the vicar of St Mary’s
For only £599,950 you can buy this 4 bedroom house on Wild Oak Lane, Trull, Taunton
It has lots of room!
The property comprises entrance hall, large kitchen/breakfast room, drawing room, sitting room, dining room, study, utility room, boiler room, downstairs WC. A wonderful cantilever staircase leads from the entrance hall to four bedrooms and two bathrooms on the first floor. The property has extensive cellars

Cheddon Corner

Cheddon Corner is the most lovely looking house.
Just three miles from Taunton and on at £1.25M.
It offers plenty of space, lots of history and has a swimming pool! It does tick quite a few items on my list!
It as, as you would expect, Grade II Listed and is believed to date from the early 19th Century and has a wonderful typically Georgian main facade. It is such a fine looking house. Set in a beautiful area too with nice gardens.

5 – 7 bedrooms
5 reception rooms
3 – 4 bathrooms
Outbuildings
Detached
Garden
Land
Listed
Secondary accommodation
Swimming Pool

Cookbury amazing house

CookburyFor only £595,000 you get a lot at Cookbury

I think this is excellent value! It’s a 17th century Devon farmhouse packed with character. It’s got an aga and some wood burning stoves and plenty of space outdoors.

3 RECEPTION ROOMS PLUS ORANGERY
4 BEDROOMS (EN-SUITE MASTER)
1 BEDROOM SELF-CONTAINED ANNEXE
RANGE OF RESTORED BARNS
54FT X 48FT MODERN BARN
7 ACRES OF WOODED VALLEY & PADDOCK
ADJOINS NATIONAL TRUST PARKLAND & FORESTRY
NO ONWARD CHAIN

Cookbury Court, was probably the Home Farm for the nearby Dunsland Manor which sadly burnt down but the land it owned is now owned by National Trust.

House by the sea

beach houseIt’s something I think most people dream of: a house by the sea.
This lovely house is right on the beach. You could watch the sunsets from your house. How brilliant would that be?
It’s a 6 bedroom detached house on at £3,500,000 in Putsborough, Braunton, Devon
To be that close to the sea would be absolutely heaven!
Can you imagine the views every morning and evening? Oh it would be bliss!
Vention House is one of the loveliest beachside houses in England, standing on its own beach which extends to approximately half a
mile in length. Its beach is part of Putsborough Sands which sweep in an unbroken crescent of fine sands to Woolacombe – about 2½
miles of superb leisure and surfing beach

Should councils interfere in the housing market?

This story on the BBC news site says Conwy Council is planning to run a scheme to ‘help first time buyers’.

I don’t think it does help first time buyers at all. It helps people selling houses.

Mr Hughes said the council will be taking steps to keep the risk to a minimum and the maximum value of the property to qualify would be £140,000.
If the buyer defaulted on the mortgage, the council would have to pay back the part of the loan it had guaranteed.

This means the scheme needs to have ultra good vetting on mortgage applicants. And if you can afford to buy a house then do you really need the council’s help?

The council will also need to be open and honest about who buys houses with this scheme so it can be clean of any favouritism.

Of course if this scheme is propping up house prices then it is not helping first time buyers at all.

If no one is buying houses then prices will have to come down. As soon as they have come down enough people will be able to save up their own deposits. Lower prices would also mean mortgage affordability was better, less risk of defaults and less debt! With less money being spent on housing costs it’s easy to see that people will have more money for other things.

EU changes to BTL mortgages planned

Instead, EU proposals would bring Britain into line with Continental practice and force lenders to assess BTL in the same way as mortgage applications by owner occupiers on their prime residence; that is, the main criterion would be the borrower’s earnings.

Telegraph blog for the full story
Article well worth a read if you’ve got any interest in the buy to let market. This would be a huge change for many BTLers.

Interestingly there’s a Buy-to-let bounce with loans up 16% -story at landlord today

The number of new buy-to-let loans shot up by 16% in the third quarter of 2011,…