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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 truth about house prices
We are constantly bombarded with, often conflicting, information regarding house prices. Paula John provides a round-up of the major indices, explaining why they differ.
The July/Aug issue of Your Mortgage is on sale now. In it we explain who now owns which UK banks and building societies; the ins and outs of interest-only mortgages, who they are appropriate for and the options for paying them off; we explain how offset mortgages work and how you could use one to make the most of your money, and why buying property overseas right now could be a smart move – if you look in the right place and arrange the right finance. Get your copy 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 20 years.





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