NAEA calls for calm over Nationwide report
Following the release of the Nationwide house price report Peter Bolton King, the Chief Executive of the National Association of Estate Agents (NAEA), has said that news of a fall in house prices needs to be placed into context.
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House prices fall below April 2007 figures
The weakness in the housing market continued to impact during April, with Nationwide reporting the first year-on-year fall in house prices since 1996.
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Home subsidence warnings for tree planters
Sainsbury’s Home Insurance warns that trees can be a major cause of subsidence if planted too close to buildings.
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CML responds to Bank of England mortgage approvals dataResponding to mortgage approvals data from the Bank of England, the CML director general, Michael Coogan said:
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Mortgage woes continue to weigh on the market
The slowdown in the UK mortgage market continued during March, the Bank of England has said.
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6% price fall then a rapid recovery?
Savills Research has issued a revised forecast for the property market anticipating total falls of 6% over two years, provided the Bank of England takes all necessary steps to halt the credit crisis.
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EU urged to shelve mortage integration plans
The Council of Mortgage Lenders has urged the European Commission to shelve its White Paper proposals on the integration of EU mortgage markets.
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House prices fell by 0.9% in August, the second consecutive month where a fall has occurred leaving the average house price at £166,507, Nationwide has said.
Lloyds TSB has introduced a new, market leading fixed rate mortgage at 2.94%, the product is available both for house purchase and remortgage for borrowers with a deposit of at least 30%.
Confidence among landlords has dipped for the first time in almost two years, driven by uncertainties including housing benefits and tax changes announced in the emergency budget, according to the latest NLA Landlords’ Optimism Index.
Confidence among landlords has dipped for the first time in almost two years, driven by uncertainties including housing benefits and tax changes announced in the emergency budget, according to the latest NLA Landlords’ Optimism Index.
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