New figures from the Central Bank of Ireland report that mortgage lending rose by just €96m in November, the slowest growth in residential mortgage lending between October and November since 1986.
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The number of local authority’s (LA) where the average property bought by a first-time buyer (FTB) is affordable for someone on average earnings has more than doubled from 18 in 2007 to 57 in 2008 according to new data from the Halifax.
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Conservative Shadow Housing Minister Grant Sharps has released a report looking at the housing market which has suggested that one in two mortgage holders are fearing missing a mortgage payment during 2009.
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House prices in England and Wales, fell by a further 1.9% in November as activity in the market dropped once again according to new figures from the Land Registry.
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