Articles in the Credit Crunch Category
Anniversary of credit crunch will bring more problems
Property consultants Cluttons is warning of more property heartache despite recent signs of house price recovery, as the market approaches the two year anniversary of the credit crunch.
Posted in 2009, Affordability, Buying, Cluttons, Credit Crunch, Selling on 12 August 2009 Buyers need three times more for a deposit
Borrowers need to find three times more for a deposit, compared with two years ago when the credit crunch
began.
Lack of new sellers pushes up average prices
A lack of sellers combined with new sellers to the housing market has helped push up asking prices by 15% during May, the largest increase in monthly asking prices since 2003 according to Rightmove’s latest data.
Posted in 2009, Affordability, Buying, Credit Crunch, House Prices, Rightmove, Selling on 18 May 2009 Sales continue to fall despite new interest in the market
The average number of transactions per surveyor fell to a record low in December despite buyer interest remaining strong according to the latest UK housing market survey from the Royal Institute of Chartered Surveyors (RICS).
Posted in 2009, Affordability, Credit Crunch, House Prices, RICS on 13 January 2009 Government could guarantee mortgage lending this week
The government could be set to step in and guarantee mortgage lending under plans worked upon between government official and bank bosses over the weekend.
Posted in 2009, Credit Crunch, Government on 11 January 2009 House prices fall by 15.9%
The scale of the downturn in the house market has become more evident with new figures from Nationwide reporting a fall of 15.9% in house prices last year.
Posted in 2009, Affordability, Credit Crunch, House Prices, Nationwide on 6 January 2009 House prices now at 2004 levels
The average house price in Britain fell a bigger-than-expected 2.2% during December, leaving them more than 16% down from a year earlier, the Halifax has announced.
Posted in 2009, Affordability, Credit Crunch, Halifax, House Prices on 2 January 2009
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