Property News


Modest house price rise played down

10:23am Monday 4th April 2011

House prices increased modestly in March but the positive figures are unlikely to mark the beginning of a strong upturn for the market, Nationwide has said.

Bank holds record low interest rate

3:12pm Wednesday 16th March 2011

The Bank of England has refused to bow to pressure over surging inflation and held interest rates at their historic low of 0.5%

Bank edges closer to hike in rates

12:51pm Tuesday 1st February 2011

The pressure of soaring inflation saw the Bank of England edge closer to an interest rate hike days before figures revealed a shock reversal in economic growth in the UK.

House prices fall 3.4% in year

9:57am Tuesday 11th January 2011

House prices fell by 3.4% during 2010 after sliding by 1.3% in December alone, Halifax has said.

House prices up slightly in 2010

12:17pm Tuesday 4th January 2011

House prices edged higher in 2010 but are still expected to drop in the first half of 2011, mortgage lender Nationwide has said.

Bank keeps interest rate unchanged

12:54pm Thursday 9th December 2010

The Bank of England has ended the year as it began as it left its emergency support for the economy unchanged.

Average home prices down once more

House prices down by 0.3% during November, according to Nationwide

9:19am Friday 3rd December 2010

The recent run of house price falls have wiped out most of the gains seen to property values during the past year, figures have revealed.

Living cost 'higher in rural areas'

10:39am Tuesday 23rd November 2010

Rural families are struggling to make ends meet and typically need to spend 10-20% more than city dwellers for an acceptable standard of living, research shows.

Interest rates held at historic low

The Bank of England has again held interest rates at a record low of 0.5%

9:31am Monday 8th November 2010

The Bank of England has chosen not to follow US counterparts into another round of emergency measures to prop up the economic recovery.

House prices fell 3.6% last month

The UK house market suffered a major jolt as figures from Halifax revealed prices slumped 3.6% in September

9:45am Thursday 7th October 2010

The UK housing market has suffered a major jolt as figures from Halifax revealed prices slumped 3.6% in September - the biggest monthly drop since figures were first compiled in 1983.

Housing market stalls in the North and storms ahead in the South

11:24am Monday 4th October 2010

A North/South divide is emerging in the housing market with sales racing ahead in southern regions but remaining sluggish in many parts of the north, new figures show.

Housing market heading for double dip

4:36pm Wednesday 1st September 2010

THE housing market is heading for a double dip as mortgage lending slumped, while thousands of people who bought a home at the peak of the market could remain trapped in negative equity until 2014.

Housing supply outstrips demand

Property professionals say house prices are falling

10:47am Tuesday 10th August 2010

Property professionals saw house prices fall for the first time in a year last month and expect further declines as demand weakens, according to new research.

House prices fall in July as buyer demand remains weak

10:53am Tuesday 3rd August 2010

AVERAGE UK house prices fell by a seasonally-adjusted 0.5% in July, according to figures released by Nationwide Building Society.

Estate agents hail demise of HIPs

Estate agents have welcomed the scrapping of Home Information Packs

10:49am Tuesday 25th May 2010

Estate agents have welcomed the news that controversial home information packs (Hips) are being scrapped with immediate effect.

House prices rose 10% last year

9:36am Tuesday 4th May 2010

Annual house price growth reached double figures for the first time in nearly three years during April, research has shown.

Fixed mortgage rate touches 4.63%

4:11pm Tuesday 27th April 2010

Fixed-rate mortgage deals have fallen to their lowest level for a year as competition continues to return to the market, research has shown.

House rises 'ease' pre-election

1:12pm Tuesday 13th April 2010

Homeowners rushing to put properties on the market before the General Election sent selling activity to its highest since May 2007 last month, according to a survey.

Property market returning to normal

10:23am Thursday 25th March 2010

The property market is returning to more normal conditions as increasing numbers of people put their homes up for sale, research has shown.

Households 'now £17,000 worse off'

Households 'now £17,000 worse off'

11:24am Monday 22nd March 2010

The average household is more than £17,000 worse off than they were at the start of the recession, research has shown.


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