Welsh expect interest rates to rise this year
The majority of people in Wales believe that the Bank of England base rate will rise before 2010 is out.
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Welsh expect interest rates to rise this year
The majority of people in Wales believe that the Bank of England base rate will rise before 2010 is out.
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FSA bans and fines North Wales mortgage broker
The Financial Services Authority (FSA) has banned North Wales mortgage broker Stephen Jones and fined him £100,000 after finding he had exposed about 1500 customers to the risk of receiving unsuitable advice.
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Rural Wales needs to make better use of housing stock
The Chartered Institute of Housing (CIH) Cymru has welcomed a new report by the Joseph Rowntree Foundation (JRF) looking at the scale of Wales’ rural housing problem.
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Will the west escape the credit crunch?
The South West and South Wales may be best placed to withstand the credit crunch, according to a new survey by Knight Frank.
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Mixed picture on Welsh house marketHouse price inflation continued to slow in Wales during the first quarter and now stands at only 1.0% year-on-year. Welsh house price growth has now been below the UK average for ten consecutive quarters.
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Official stats show house price growth
The mix-adjusted average house price in the UK in January 2008 stood at £221,758, up from £218,007 in December 2007 according to official Government figures.
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House prices keep falling
The UK house price inflation rate fell from 9.7 per cent in November 2007 to 9.1 per cent in December 2007 according to the latest Government figures.
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