It is still windy out there, but the wins will ease. The weather on the mend this sunday. Ill have your full forecast in the next half an hour. Good morning. First, our main story the government say it is considering ways of making buying and selling houses faster, cheaper and less stressful in england and wales. It is launching a consultation which will look at whether it is possible to reduce moving costs and end practices like gazumping. Our Business Correspondent joe lynam reports. Moving home is often compared to getting divorced, in terms of stress and worry. Picking your new home is the easy part of the process, before vendors, surveyors, solicitors, banks, agents, and removal vans get involved. Currently it can take three months, on average, to move home. Getting the mortgage offer from your bank alone takes around 50 days, and a quarter of all transactions fall through. And so the government will be consulting Estate Agents, solicitors, as well as buyers and sellers, to find o
Is like as a centenarian with what must be our oldest ever sofa guest. And nick miller has the weather. Its still windy out there, tamer they will slowly eased today. A wet start for some of us, the weather on the mend this sunday. The bold forecast in the next half an hour. Good morning. First, our main story. The government say its considering ways of making buying and selling houses faster, cheaper and less stressful in england and wales. Its launching a consultation which will look at whether its possible to reduce moving costs and end practices like gazumping. Our Business Correspondent joe lynam reports. Moving home is often compared to getting divorced in terms of stress and worry. Picking your new home is the easy part of the process, before venders, surveyors, solicitors, banks, agents and removal vans get involved. Currently, it can take three months on average to move home. Getting the mortgage offer from your bank alone takes around 50 days. And a quarter of all transaction
The government say its considering ways of making buying and selling houses faster, cheaper and less stressful in england and wales. Its launching a consultation, which will look at whether its possible to reduce moving costs and end practices like gazumping. Our Business Correspondent joe lynam reports. Moving home is often compared to getting divorced in terms of stress and worry. Picking your new home is the easy part of the process, before venders, surveyors, solicitors, banks, agents and removal vans get involved. Currently, it can take three months on average to move home. Getting the mortgage offer from your bank alone takes around 50 days. And a quarter of all transactions fall through. And so the government will be consulting estate agents, solicitors, as well as buyers and sellers to find out how best to speed up the process and cut costs for households. I think you can use technology to gather as much information about the proposed sale, about the proposed property, to be co
And welcome to bbc news. A senior cabinet minister has said the government should consider borrowing money to invest in hundreds of thousands of new homes. The secretary of state for communities and local government, sajid javid, said ministers should take advantage of record low Interest Rates to deal with the housing crisis. Speaking on the andrew marr show, mrjavid said he was sure the forthcoming budget would have announcements that would cover housing. What i want to do is make sure we are using everything we have available to deal with the housing crisis, and where that means, for example, that we can sensibly borrow more to invest in infrastructure leading to more housing, take advantage of record low Interest Rates that we have, i think we should consider that. That is interesting, because it is a change in tone. Not long ago, we were told we could not borrow more for anything, but you say housing is such a big infrastructure crisis in the country that we should borrow more to
And welcome to bbc news. A senior cabinet minister has said the government should consider borrowing money to invest in hundreds of thousands of new homes. The secretary of state for communities and local government, sajid javid, said ministers should take advantage of record low Interest Rates to deal with the housing crisis. Speaking on the Andrew Marr Show, mrjavid said he was sure the forthcoming budget would have announcements that would cover housing. What i want to do is make sure were using everything we have available to deal with this housing crisis, and where that means, for example, that we can sensibly borrow more to invest in infrastructure leading to more housing, take advantage of record low Interest Rates that we have, i think we should consider that. Thats interesting, because it is a change in tone. Not long ago, we were told we could not borrow more for anything, but you say housing is such a big infrastructure crisis in the country that we should borrow more to sol