In June, the UK property industry received its fourth Housing Minister since the start of 2008 - the ninth person to hold the position in twelve years of Labour Government.
The housing ladder once seemed straight forward. You leave home, buy your first home and then progressively move up the housing ladder, before perhaps trading down in retirement. However, research from the Council of Mortgage Lenders has revealed that today, things are a bit more ‘fuzzier’.
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The Government has announced the regional distribution of more than £1bn to revitalise the housing market in key areas and restore stable communities.
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House prices fell by 0.5% in February, the fourth consecutive monthly decline says Nationwide.
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Mortgage holders could see interest rates cut by 0.5% before the end of the year, according to the chief executive of Irish Life & Permanent, Denis Casey.
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