Residential development land values in England rise by the strongest rate since 2005

According to the Knight Frank Residential Development Land Index, Q1 2010 results:

"Average residential land prices in England rose by 11.5% in the 12 months to the end of March 2010, the strongest rate of growth since the first quarter of 2005..."

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Lenders, surveyors & landlords call for bold action to build new rented housing sector

According to the British Property Federation:

"A group representing the countrys major landlords, property investors, mortgage lenders and surveyors is calling on the next gov to alter the tax system to encourage large scale house building from institutions, such as pension funds & insurance companies..."

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RICS: Housing market still picking up, say surveyors

According to the April 2010 RICS Housing Market Survey:

"The net price balance increased from +9 to +17, indicating a greater number of surveyors witnessed an increase in house prices over the last three months..."

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Industry experts comment on the first hung parliament for decades

David Cameron's Conservatives win the most seats in the general election - but not enough to secure an overall majority:

"A hung parliament doesn't have to mean the end of life as we know it..."

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Personal insolvencies remain high

The first quarter statistics published today by the Insolvency Service show:

"There were 35,682 individual insolvencies in England and Wales in the first quarter of 2010. This was an increase of 17.9% on the same period a year ago..."

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Budget deficit will continue to drive up cost of mortgage lending

The AMI has released its latest Quarterly Economic Bulletin looking at the economy, housing and mortgage markets:

"Gross mortgage lending will be around £150bn for 2010, slightly ahead of the £143bn managed in 2009, but still far below the £363m peak in 2007..."

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House prices up 6.6% on 2009, say Halifax

The latest results from the Halifax House Price Index reveal:

"House prices in April were 6.6% higher on an annual basis, this was the largest increase in the annual rate of change..."

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UK mortgage products increase by over 1,000

Latest figures from TrigoldCrystal's mortgage product index show that:

"In the 12 months from May 2009, the level of mortgage products in the UK increased by over 1,000 from 3,606 to 4,989 and over 2,000 more from the lowest point of the market in Aug 2009..."

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Prime London house prices rise 1.3%

The Knight Frank Prime Central London Residential Index reveals:

"The prime London market recovery has continued into its second year, with prices rising continually for 13 straight months..."

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UK house prices increase 8.8% annually

The latest figures from Assetz House Price Watch show that house prices were 8.8% higher in March than at the same time in 2009:

"House prices are now just 7.5% below the peak house price of £215,089 recorded in October 2007..."

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BoE: Mortgage approvals rise

The Bank of England reveal:

"Total net lending to individuals rose by £0.6 billion in March. The twelve-month growth rate was unchanged, at 0.9%..."

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BSA: Gross lending at mutuals up 36% in March

According to the Building Societies Association:

"Gross lending by mutuals increased to £1,597 million in March, up 36% compared to £1,174 million in February. Approvals were also stronger at £1,677 million compared to £1,389 million in February - a 21% increase..."

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Valuations up 43% on 2009

According to the latest research by Connells Survey and Valuation:

"Despite fears over the impact of the impending election, the housing market remains active. The number of valuations conducted only dipped by 4% in April compared to April 2009..."

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House price forecasts show continued rise

According to cebr:

"Average UK House prices will grow to be 5 per cent higher at the end of 2010 than at the beginning despite the sluggish start to the year. Average mortgage rates are likely to fall from a current APR of around 4% to about 3% by Q1 2011..."

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