House prices rose by an average 2.6% in the first six months of the year but are still almost 11% down on a year ago, latest figures from the Department of Communities and Local Government (DCLG) suggest.
Promise Homepacks has confirmed it will go ahead with the launch of Home Information Packs (HIPs) from 1 June, despite the government's decision to delay official implementation until 1 August.
Ruth Kelly has confirmed a delay in the introduction of Home Information Packs until August 1 as revised guidelines are drawn up.
Plans for a judicial review of the implementation of Home Information Packs (HIPs) have been dismissed as a "groundless challenge" by the Department for Communities and Local Government (DCLG).
The average house price fell a fraction in February compared with the previous month, according to figures issued by the government, despite a continuing climb in the value of annual house price inflation.
JUST 100 FIRST-TIME buyers have taken out mortgages under the Government's pioneering shared-equity home ownership scheme with the private sector, according to the Daily Telegraph.
The average house price in the UK has passed the £200,000 level, according to the Department for Communities & Local Government.
UK house prices dipped slightly in October from the month before although annualised inflation continued to rise, according to figures published by the Department for Communities and Local Government.
Home information packs look set to be mired in further controversy following the reaction of the Department for Communities and Local Government to the Royal Institution of Chartered Surveyors' freedom of information request.
The government recently launched the Openmarket Homebuy scheme aimed at trying to get more key workers and potential first-time buyers onto the property ladder.