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Tuesday 18th November 2008
More undersold homes join the rental market As the glut of unsold homes across the UK continues to increase we are seeing more and more properties placed into the rental market until such time as they can be sold. This massive increase in...
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Wednesday 12th November 2008
More homebuyers escape stamp duty but the fall continues The Council of Mortgage Lenders (CML) has reported that the government’s increase in the stamp duty threshold for property purchases saw a large jump in those who avoid stamp duty on property... |
Tuesday 11th November 2008
House sales 'at 30-year low' House sales in the UK have fallen to a 30-year low, figures from the Royal Institution of Chartered Surveyors (Rics) have indicated. The average number of completed sales by each member of the Ric... |
Tuesday 11th November 2008
Taylor Wimpey looks elsewhere for additional funding UK housebuilder Taylor Wimpey today announced that talks with its bankers regarding current banking covenants have been a little disappointing and the group is looking for outside investors to help... |
Saturday 8th November 2008
UK house prices have fallen 15% in the last 12 months News that the price of the average UK home has fallen by 15% in the 12 months to October has brought further doom and gloom to the mortgage and property markets. The monthly fall of 2.2% between... |
Thursday 6th November 2008
UK housebuilders still under severe pressure In a worrying development for the UK housebuilding sector Redrow, one of the leaders in the UK, has announced a very gloomy forecast for the short to medium term with concerns that buyers are... |
Tuesday 4th November 2008
Kit built houses set to make a comeback While there was a trend towards Kit built houses in the 1980s this very soon disappeared as more and more UK consumers benefited from a growing economy and a move to more traditional housing.... |
Monday 3rd November 2008
Empty homes 'decreasing in number' Empty properties in England are decreasing in number, according to a new survey from Halifax. A report from the lender revealed that there has been a nine per cent drop in empty homes in the last ... |
Tuesday 28th October 2008
Negative equity threat to 1.2 million in UK The Bank of England has revealed that 1.2 million home owners in the UK will be at serious risk of moving into negative equity before the ongoing credit crunch is at an end. While this figure is... |
Tuesday 28th October 2008
Home repossessions on the rise in the UK While news that home repossession were up some 71% in the second quarter of 2008 have caused some unrest in the markets, this will be chicken feed compared to the number that will lose their homes... |
Monday 27th October 2008
House prices hit two and a half year low House prices across the UK have hit a two and a half year low with average year on year price falls of 7.3% but the bad news for home owners is that the situation is likely to get worse before it... |
Thursday 23rd October 2008
Home sellers no longer realistic over price, NAEA says People selling their property in the current market are generally overestimating its value, an industry expert has claimed. The president of the National Association of Estate Agents (NAEA) sugges... |
Thursday 23rd October 2008
Are UK homes still over valued? There is a growing debate about the UK housing market which many are still suggesting has further to fall. Indeed there was even a report earlier this week from Global Insight which forecast that... |
Tuesday 21st October 2008
New fall in property sales highlighted by report The number of homes being bought in the UK has dropped sharply, a report revealed today. HM Revenue & Customs said that 59,000 properties changed hands in September. In September 2007, 126,00... |
Tuesday 21st October 2008
House sales in UK fell by 53% in last 12 months News that house sales in the UK have fallen by 53% over the last 12 months, from 126,000 last September to just 59,000 last month has seen the market take the figures in its stride. While they may... |
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Property
Speculation has been mounting that further interest rate cuts will be announced by the Bank of England, after minutes from its previous meeting on cuts were released. They reveal that the Bank's n... 
