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Updated : Sat, 22 Nov 2008 05:22:05 +0000
New index built to buttress confidence
Falling property prices around the world have not deterred the Investment Management Association (IMA) from devising a dedicated property funds sector, which is due to be launched in the new year.
Publ.Date : Fri, 21 Nov 2008 18:40:52 +0000
Lenders lower mortgage rates but raise hurdles
Borrowers are having to meet tougher lending criteria, just as the cost of mortgages has started to ease, as banks restrict their best deals to a shrinking pool of customers.
Publ.Date : Fri, 21 Nov 2008 18:35:48 +0000
Property sales rise for second month
The average estate agent sold seven properties during the month, up from six in September and a record low of five in August.
Publ.Date : Wed, 19 Nov 2008 11:48:17 +0000
Property asking prices fall 7 per cent
Average asking prices for properties have fallen 7 per cent in the past year, according to Rightmove, as sellers are forced to take action to attract new buyers.
Publ.Date : Mon, 17 Nov 2008 13:35:16 +0000
Standard rates may be best deal for borrowers
Borrowers coming to the end of cheap mortgage rates could be better off staying with their existing lender, rather than switching to a new deal, following last week's base rate cut.
Publ.Date : Fri, 14 Nov 2008 18:56:30 +0000
Wealthy homeowners flock to release equity
Owners of properties worth half a million pounds or more are releasing equity from them in far greater numbers, despite an overall slowdown in the equity release market.
Publ.Date : Fri, 14 Nov 2008 18:44:22 +0000
Buy-to-let loans yet to benefit
Owners of buy-to-let properties have yet to gain from lower mortgage rates on offer from lenders
Publ.Date : Fri, 14 Nov 2008 17:40:33 +0000
Nationwide predicts 25% fall in house prices
UK's third largest mortage lender reports an underlying profits fall of 18%, maintains a gloomy outlook and expects no bouncback until 2010
Publ.Date : Mon, 10 Nov 2008 19:05:19 +0000