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19/08/2008
A lack of demand in the property market is fuelling a lettings boom, a survey has found.
New instructions to let increased in the Royal Institution of Chartered Surveyors (Rics) lettings survey in July, while new instructions to sell have fallen.
The report showed 43 per cent more chartered ... read more
New instructions to let increased in the Royal Institution of Chartered Surveyors (Rics) lettings survey in July, while new instructions to sell have fallen.
The report showed 43 per cent more chartered ... read more

15/08/2008
The Ministry of Justice (MoJ) has reported a 17 per cent increase in mortgage possession claim figures from the second quarter of 2008, when compared with a year earlier.
Some 39,078 mortgage possession claims were issued on a seasonally adjusted basis, according to the figures released this mor... read more
Some 39,078 mortgage possession claims were issued on a seasonally adjusted basis, according to the figures released this mor... read more

12/08/2008
House prices fell by 0.7 per cent month-on-month in June, according to the Department for Communities and Local Government (CLG).
This was in marked contrast to a rise of 1.6 per cent in June 2007.
However, annual growth remains positive, with the yearly increase in property prices hovering ... read more
This was in marked contrast to a rise of 1.6 per cent in June 2007.
However, annual growth remains positive, with the yearly increase in property prices hovering ... read more

11/08/2008
There are now 71 per cent fewer mortgages on the market than a year ago, as the credit crunch's full force is revealed.
Data from Moneyfacts.co.uk show in August 2007 there were 13,027 mortgage products available. There are now 3,748 deals on the mortgage.
Over the last year the size of loan... read more
Data from Moneyfacts.co.uk show in August 2007 there were 13,027 mortgage products available. There are now 3,748 deals on the mortgage.
Over the last year the size of loan... read more

05/08/2008
Nationalised bank Northern Rock today announced a loss of £585.4 million for the first half of 2008.
The lender also reports a doubling in the number of mortgage borrowers falling into arrears on their home loans - up to 1.18 per cent of all loans.
Some 3,700 properties were repossessed in t... read more
The lender also reports a doubling in the number of mortgage borrowers falling into arrears on their home loans - up to 1.18 per cent of all loans.
Some 3,700 properties were repossessed in t... read more



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