Member of the National Association of Estate Agents (NAEA) have reported that the current market is levelling out; however there are still signs of uncertainty.
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Statistics from Hometrack show that the London property market has faltered, with a drop of a fall of -0.1%.
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Bank of Ireland says it has received a 25pc higher number of first time buyer mortgage applications in Q1 of this year compared to Q1 in 2004.
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Sales of million pound properties across Scotland in 2004 were 6% higher than in 2003, according to new Bank of Scotland research.
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Sales of million pound properties across Britain in 2004 were 36% higher than in 2003, according to new Halifax research.
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About two thirds of recent first-time buyers say that an online “debt test” designed to help them to assess their future borrowing risk would be useful, according to research carried out by the Council of Mortgage Lenders.
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The Royal Institute of Chartered Surveyors has said that the buy-to-let market has come to a standstill as a result of rising interest rates.
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Government plans to build new homes on disused government land have been welcomed by the Royal Institute of Chartered Surveyors as a step in the right direction.
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Abbey National was fined £800,000 by City watchdogs for mishandling endowment mortgage complaints.
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Bradford & Bingley is offering borrowers an exclusive 3pc cashback tracker mortgage, funded by the Coventry Building Society.
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The Council of Mortgage Lenders has welcomed the Treasury and ODPM’s announcements of progress towards an increased supply of homes for affordable home-ownership.
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