Property News

Interest rate decision a 'step backwards'
The Bank of England's interest rate decision represents a "step backwards" for the property industry, according to Townends.
Friday 9 May 08

London property market stabilising
The London property market is returning to stability despite wider gloom, according to the latest research from Kinleigh, Folkard and Hayward (KFH).
Friday 9 May 08

FT: House prices down 0.2 per cent in April
Average house prices in England and Wales fell by 0.2 per cent in April, according to the latest research from the Financial Times (FT).
Friday 9 May 08

Repossession levels soar amid widening gloom
The number of mortgage possession claims in the UK has increased dramatically, according to the latest statistics from the Ministry of Justice.
Friday 9 May 08

All steady at the Bank of England
The Bank of England is to freeze interest rates at five per cent for May, the central bank has announced.
Thursday 8 May 08

Confidence falls among estate agents
Confidence in the future falls among estate agents fell during April, amid turmoil in the UK property market, according to research from PropertyFinder.com.
Thursday 8 May 08

Two years to recover from liquidity crisis
It will take up to two years for the mortgage market to recover from its present troubles, according to the head of the Building Societies Association (BSA).
Thursday 8 May 08

Hips roll-out to be delayed further
The government has announced the final roll-out of its controversial home information pack (Hip) scheme will be delayed further.
Thursday 8 May 08

Prime London property on the slide
Prices for prime central London property have begun to fall, according to a report from Savills.
Thursday 8 May 08