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Barrats Development has reported a 4% increase in the average value of its new-build properties.
The country’s biggest housebuilder also estimates that new-builds could soar by 8% to 10% during the course of 2010.
David Bexon, managing director of SmartNewHomes.com, described the figures as "encouraging". He pointed out that the housebuilding industry has generally responded well to the challenging market conditions experienced in the UK over the last two years.
"However the strong performance of these companies is yet to be matched by decisive government action," he added. Bexon said that there are still a number of pressing issues that need to be dealt with, including the "troubled" mortgage finance market, "antiquated planning system" and "prohibitive regulations".
He claimed that these matters need urgent attention in order for a full recovery to be made in the housing sector.
The January/February 2012 issue of Your Mortgage is on sale now. In it we feature expert predictions on what will happen to house prices, interest rates and the wider economy in 2012. We also explain the latest State help for first-time buyers, weigh up the relative merits of offset mortgages, and offer handy hints and tips on making sure you have the right home insurance in place. Plus we have all the regular features and our invaluable mortgage basics section. Get your copy now for the latest news, information and help
The Your Mortgage Awards aim to reward those lenders that have excelled in providing innovative and competitive products. Widely regarded as the UK's definitive consumer mortgage awards, the Your Mortgage Awards have now been running for 21 years.





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