The Government is set to conduct a review of its official house price indices - the House Price Index from the Department of Communities and Local Government, and the monthly report from the Land Registry - in an effort to ‘improve accessibility to official statistics on the housing market.'
House price indices are an important tool in deciphering the property market and although the Government figures are often more accurate than indices based on asking price, they also tend to be released long after the fact and delay any reaction to their findings on the market by months. The report is due by the end of the year.
** More news on the property market and house prices
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Uniquely unique? The Yorkshire grain silos transformed into a home that's a symphony in glass, steel and curvesAmid the beautiful countryside of North Yorkshire, on the edge of the Castle Howard Estate, The Silos is a property for which the word 'house' simply doesn't cut it. And that's not the only way in which it's made us throw out the dictionary.
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Polluting water executives now face up to two years in prison, but will the new laws make much of a difference?The Government has announced that water company executives caught covering up illegal sewage spills could now be imprisoned for two years, under new laws — but many still have their doubts.
