House prices in the UK rose at their fastest rate in four months during October, bucking the slowdown that has been seen in the market, mortgage lender Nationwide has said.

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Lloyds TSB will offer a new range of 18 month fixed rate products, with rates starting from as low as 5.99 it has announced.

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London has the best prospects for demand for property in Europe according to the European Regional Economic Growth Index (E-REGI) published by LaSalle.

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Housing and Planning Minister Yvette Cooper has confirmed that an ideas competition would be run to develop and set the design standards for ten new eco-towns.

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Parents could face huge bills for accidental damage caused to their homes by their children, children’s friends or family pets over the forthcoming half term holiday, warns Sainsbury’s Home Insurance.

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ARLA, the leading professional body for the Private Rented Sector, believes that the Law Commission’s proposals for enforced self-regulation for letting agents show the way forward but still believes that all letting agents should be licensed.

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Over the past year rents have increased by an average of 6.9%, according to data from Paragon Mortgages.

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House price inflation is likely to remain positive, property transactions are set to remain above one million, interest rates are set to fall by three-quarters of one per cent, and gross lending will decline but is still set to exceed 2005 levels, according to the 2008 housing market forecasts published today by the Council of Mortgage Lenders.

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Annual house price inflation in England and Wales weakened to 4.4% in October, its slowest level in more than a year, according to the latest Hometrack report.

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The number of new mortgages being given to buyers has fallen by 20% in the past year, according to new figures from the Bank of England.

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