Negative equity predicted to hit 5 million homeowners
Five million UK homeowners will have fallen into negative equity by the end of...
Monthly Archives: February 2009
House prices drop by 15.1% in one year
The Land Registry has revealed that house prices in England and Wales during January...
First time buyers offered little incentive
Fixed rate mortgages equate to three quarters of the deals on offer to first...
New house builds are down by a third
New house-building statistics reveal that the number of applications from builders to start new...
Improving affordability helps – but prices continue to fall
House prices fell by 1.8% in February as confidence in the UK property market...
OFT launches market study into home buying and selling
The Office of Fair Trading has launched its market study into home buying and...
Grammer schools attracting homebuyers
Parents on the look out for a new home are being driven increasingly by...
Scotland not immune from market downturn
New data from the Council of Mortgage Lenders shows Scottish house purchase lending declined...
Mortgage lending dips, but approvals rise slightly
Mortgage approvals for house purchase rose slightly in January though were still some 43%...
Buyers seeking unmodernised properties for added value
Unmodernised properties in prime locations are attracting creative buyers who can see huge potential...
NI house prices down 28% in past year
The University of Ulster has said 2008 was the worst year for Northern Ireland’s...
Mortgage lenders welcome the return of Northern Rock lending
The Council of Mortgage Lenders observes that the resumption of new mortgage lending by...
Northern Rocks back into the mortgage business
The Government has announced that Northern Rock is to revive its mortgage business with...
Alliance & Leicester refresh their fixed rate mortgages
Alliance & Leicester has reduced rates and fees on a selection of its fixed...
Tories launch repossession advice pack
Grant Shapps, the Conservative Shadow Housing Minister has launched a Repossession Advice Pack aimed...
Delays with Government mortgage help plan
A planned scheme from the Government to prevent people from losing their homes if...
Housing demand is up, but supply is down
Potential buyers are finally returning to the UK housing market – but are frustrated...
Sharp rise in home repossessions
The total number of first-charge repossessions in the year was an estimated 40,000, 5,000...
Buy to let lending continues to decline
New lending for buy-to-let continued to decline in the fourth quarter of 2008, the...
Woolwich cuts costs of fixed rate mortgages
Woolwich, the lending arm of Barclays, has cut the cost of many of its...
Building Societies claim satisfied customers
Independent research from GfK NOP, published by the Building Societies Association, shows savers and...
Gross mortgage lending declined in January
Gross mortgage lending declined to an estimated £12.4 billion in January, an 8% fall...
FSA bans broker for mortgage fraud
The Financial Services Authority (FSA) has published a Final Notice banning mortgage broker Leo...
Advice for those with mortgage troubles
Lenders and debt advice agencies are calling on borrowers in trouble to take early...
Britain needs another million new homes
David Pretty, the chairman of the New Homes Marketing Board and a former chief...