HOA in the news
A selection of news articles featuring the HomeOwners Alliance
23/05/16 – Housebuilder & Developer – All Party Parliament Group recommendations to tackle the poor quality of new home
23/05/16 – Landlord News – Political Group Calls for Measures to Tackle the Quality of New Build Homes
“Buying a new home should mean years of worry-free ownership. Yet that is not always how it turns out. A new homes ombudsman should help to support owners to get their faulty home fixed.”
11/05/16 – Property Wire – More people in UK want to buy a home but are concerned about rising prices
11/05/16 – Property Industry Eye – Housing crisis is getting worse, says HomeOwners Alliance
11/05/16 – Scottish Housing News – 70% of Scots concerned about housing availability and saving for deposit
08/05/16 – Telegraph – First-time-buyers rush to borrow thousands – here’s how it could go wrong
There is also concern that the new-builds offered under Help to Buy are selling at a premium – leaving borrowers’ equity at risk. Ms Higgins said: “If you buy a new-build, it’s like buying a new car: it loses its value quickly. If these first-time buyers want to move, they’re going to be stuck.”
There is also concern that the new-builds offered under Help to Buy are selling at a premium – leaving borrowers’ equity at risk.
Ms Higgins said: “If you buy a new-build, it’s like buying a new car: it loses its value quickly. If these first-time buyers want to move, they’re going to be stuck.”
05/05/16 – Landlord News – HomeOwners Alliance reviews House Price data for the year
04/05/16 – Bristol Post – Should you pay off your mortgage? Featuring HOAs guide
22/04/16 – Todays Conveyancer – Homeowner 2016 survey shows twice as many support new stamp duty surcharge as oppose, despite loud opposition from landlord groups
22/04/16 – Property Wire – Survey reveals many home owners support additional home stamp duty charge
22/04/16 – Financial Times – Buy-to-let stamp duty will help first time buyers, says poll
“This is why we initially called for the tax system to differentiate between aspiring homeowners and property investors.”
22/04/16 – Property Industry Eye – Members of public approve of Stamp Duty surcharge on second homes
22/04/16 – City AM – YouGov Poll: Twice as many people support buy-to-let tax hike than oppose it
22/04/16 – Estate Agent Today – Consumer group claims strong public support for stamp duty surcharge
19/04/16 – This Is Money – Beware the builders flogging shoddy new build homes
15/04/16 – Evening Standard – London £750,000 neighbourhoods on the rise
April 2016 – Housebuilder & Developer Magazine – How will a Brexit affect homeowners?
01/04/16 – Evening Standard – Stamp duty deadline:Last-minute rush to complete drives £17bn of second home and buy-to-let sales in two weeks
24/03/16 – Burton Mail – How a Brexit might affect homeowners
22/03/16 – HousingExcellence – If Britain opts for the Brexit, how might this affect homeowners? Written by Paula Higgins
22/03/16 – EstateAgentToday – Homeowners’ consumer group says Brexit may lead to house price falls
The HOA – a group which in the recent past has won considerable media attention and has been included in National Trading Standards Estate Agency Team consultations – gives a cautious warning on the possible perils of exit.
21/03/16 – Selfbuilder & Homemaker – HOA on how a Brexit might affect homeowners
21/03/16 – YourMoney – Eight ways a Brexit might affect homeowners – Written by Paula Higgins of the HomeOwners Alliance
20/03/16 – Sunday Times – Life’s no longer a beach for BTL landlords
16/03/16 – Daily Mirror – 10 ways George Osborne’s Next Generation Budget is harming young Brits
Paula Higgins from the HomeOwners Alliance said: “The Government is pushing ahead with introducing an overly complicated system that could harm many of the very homeowners they are trying to help.”
16/03/16 – MortgageIntroducer – Budget 2016: Stamp duty reform helps and harms. Paula Higgins, chief executive of the HomeOwners Alliance, believes that some of the government’s Budget changes today will help homeowners but there are others which will harm.
16/03/16 – EstateAgentToday – Budget: Further stamp duty surcharge details expected today
is looking forward to seeing the details of how the stamp duty surcharge will work.
“Parents helping their children to buy, and those going through family breakdown should not be penalised,” she argues.
“For example, if a couple separates and the man buys a flat close to the family home while he is still named on the mortgage of the original marital home then he will have to pay the 3% surcharge even though he is buying a home to live in.”
She says downsizers may also suffer if the government insists that the 3% is paid upfront.
“Homeowners thinking of downsizing could be deterred from selling as they may need to find additional thousands of pounds to complete their move,” she says.
15/03/16 – WhatMortgage – Budget 2016: Round up of views – read our thoughts on stamp duty surcharge
08/03/16 – GrowthBusiness – Property Partner raises £16m as London’s ‘proptech’ scene expands
Proptech: the answer to declining home ownership?
Britain’s home ownership has fallen from a peak of 73 per cent in 2007 to below 61 per cent at the end of 2015 . According to Paula Higgins, chief executive of the HomeOwners Alliance, the nation has a ‘home ownership gap’ of about five million households – people who want to live in their own home, but have to rent instead. “Buying your first home is no longer a joyful rite of passage for young adults, but returning to being a privilege of elites,” she said.
01/03/16 – This Is Money – Why the small print for your retirement home could cost you £20k: Housing firms sting thousands with hidden fees
17/02/16 – Evening Standard – Build more homes for Londoners
05/02/16 – Bristol Post – Own a leasehold? You need to know about the 80-year-rule
02/02/16 – Moneywise – Landlords issue legal challenge over buy-to-let tax changes
“And for people downsizing, if someone buys a new property before disposing of the old one, they’ll need to stump up the stamp duty. It could be claimed back, but that could take 18 months.
“If you’re downsizing, often with new homes, you don’t control when you buy, and it’s more important to find the new one before you sell the family home. “They’re asset rich, cash poor, and they’ll need to find an extra 3%.”
02/02/16 – 4 Traders – Why house sellers are looking to make online move
“This is the high street estate agents’ own fault,” she said.
“They do nothing to instil trust in their customers and are not transparent about how much they charge.”
02/02/16 – Bristol Post – Stamp duty surcharge: will you be caught out?
“The ridiculously complex way they are planning to introduce the scheme will end up harming many of the very homeowners it is meant to help, and lead to widespread confusion among home buyers. We are already being contacted by distressed home buyers who have worked out they will be caught by it, and not be able to buy the home they want to.
“Rather than push ahead with a well-intentioned but dangerously flawed scheme, it should go back to the drawing board and put it right.
“It is really simple – no one should pay the stamp duty surcharge if they are going to buy a home to live in, and home owners need confidence that will be the case. However, if you are buying a residential property for any other purpose, you should pay the surcharge.”
01/02/16 – Property Wire – Consumer group blasts new second home property tax as dangerous and flawed
01/02/16 – Estate Agent T