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UK Spotlight
Despite the fact that the worldwide economy is on a slippery slope it seems that less people filed for bankruptcy in the first quarter of 2008 compared to the same period last year. Figures...
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Friday 16th May 2008
New House Starts Fall By 21% In First Quarter Of 2008 In a move which is hardly surprising we have today heard confirmation that new housing starts in the UK fell by 21% compared to the previous quarter, although the fall is larger at 24% compared to...
Friday 16th May 2008
5m Expected To Join Social Housing List As the credit crunch continues to impact upon a range of areas of the UK economy it seems that the demand for social housing is set to mushroom over the next five year. The Local Government...
Friday 16th May 2008
Manchester Property Market Set For A Boost While it may be doom and gloom in many regional property markets around the UK, the signs for various regions on the outskirts of Manchester are looking a little rosier today. The government has...
Thursday 15th May 2008
Sale and rent back schemes to be probed Sale and rent back schemes could be subjected to greater regulation following a probe from the Office of Fair Trading (OFT). The OFT has announced it will investigate the sector to examine whethe...
Wednesday 14th May 2008
Tax warning for buy-to-let landlords It is essential that buy-to-let landlords get their tax affairs in order or risk significant fines from HM Revenue & Customs (HMRC), a business advisory firm has warned. Alex McCann of DTE is...
Wednesday 14th May 2008
Notes reveal ministers housing market fears House prices are set to fall by "at best" between five per cent and ten per cent this year, according to forecasts in confidential government documents. The cabinet's expectation was re...
Friday 9th May 2008
Repossessions up 8.5% in first quarter UK lenders issued 8.5 per cent more repossession claims during the first quarter of this year, in a clear sign that borrowers are struggling with higher mortgage repayments and the rising cost of d...
Wednesday 7th May 2008
First time buyers driving hard bargains First time buyers are driving an increasingly hard bargain with sellers, according to new figures from an independent finance site. In a poll conducted by Moneyextra.com, the average price which ...
Thursday 1st May 2008
Completion time on home sales falls despite signs of slowdown The slowdown in the housing market may not be as marked as has been suggested, new figures indicate. According to the LMS Quarterly Market Efficiency Monitor the average time taken to sell a home...
Wednesday 30th April 2008
House prices have fallen year-on-year House prices during April are now on average one per cent less than they were 12 months ago, new data has shown. According to Nationwide's monthly house price survey, the average value of a prope...
Tuesday 29th April 2008
House prices down again in March New data from the Land Registry has provided further evidence of a slowdown in the UK property market. According to the body's figures, the price of a property in the UK and Wales fell by an aver...
Monday 28th April 2008
House prices down 0.9% UK house prices are now almost one per cent less than they were a year ago, following a seventh consecutive monthly decline. Data from house price information group Hometrack shows that the averag...
Monday 21st April 2008
Darling to ask lenders to help cash-strapped homeowners Relief could be on the way for beleaguered homeowners in the form of new government proposals intended to alleviate the strain of meeting repayments. Under the proposals, lenders would enable hom...
Thursday 17th April 2008
Situation worsening for first time buyers The gulf between house prices and what first time buyers can afford is widening every year, according to the head of a housing charity. Research conducted by Shelter has found that in ten years t...
Tuesday 15th April 2008
House prices 'fall 1.6 per cent' House prices fell by 1.6 per cent in February, new government figures reveal. The new report, from the Department of Communities and Local Government, also showed that the annual rate of property ...
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