Articles in the 2008 Category

 First-time buyer home affordability improved in 2008

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.

Posted in 2008, Affordability, Halifax, first time buyers on 31 December 2008

 One in two mortgage holders fearing 2009

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.

Posted in 2008, Affordability, Conservatives, Credit Crunch on 31 December 2008

 More confirmation of house price falls

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.

Posted in 2008, House Prices, Land Registry on 30 December 2008

 House prices fall 8.7% over 2008

Property website Hometrack has reported house prices falling by 8.7% over 2008, with a 0.9% fall over December.

Posted in 2008, Hometrack, House Prices on 29 December 2008

 Mortgage lending dips during November

During November, net mortgage lending rose by £2.9 billion; less than in October and below the average for the previous six months according to the latest data from the British Bankers Association.

Posted in 2008, BBA, Mortgages on 23 December 2008

 More buyers to come, but fear of recession looms

Increasing numbers of people believe that now is a good time to buy a home, with the Building Societies Association Property Tracker survey finding that 46% of people agree to some extent that now is a good time to purchase.

Posted in 2008, Credit Crunch on 22 December 2008

 2009 Predictions for the housing market

Winkworth estate agents has said that 2009 will see further falls in house prices, improved affordability and a year when the banks will start offering more improved mortgage products.

Posted in 2008 on 22 December 2008