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Monday 1st September 2008
House Prices Fall Again In August Like for like house prices fell by 5.3% in August, the largest fall to date, and there seems to be more bad news to follow. The report by Hometrack has confirmed the worst fears of the industry... |
Saturday 30th August 2008
Sellers ‘could save thousands’ online It was reported yesterday that the new trend for selling houses without the assistance of an estate agent can be more profitable than was first imagined – thanks to the increasing use of the... |
Thursday 28th August 2008
Steepest fall in house prices for 18 years It was reported today that house prices are falling by more than 10% a year – a decline last seen 18 years ago in 1990 during the depths of the last recession. These figures strongly support the... |
Thursday 28th August 2008
Buy to let 'dying', expert says The buy to let sector is dying as house prices fall, Firstrung has suggested. According to the first-time buyer specialists, investors are falling in to negative equity due to the decline of the U... |
Tuesday 26th August 2008
Home Information Packs – A Tax On Home Sales? The National Association of Estate Agents has called on the government to instigate a thorough review of the Home Information Pack (HIPs) system amid claims that it is not fit for purpose. It was... |
Tuesday 26th August 2008
Government Rate Changes Lead To Property Demolitions While it did not receive an awful lot of coverage in the financial press it seems as though a move by the government back in April which took away rate relief on empty buildings is leading to a... |
Saturday 23rd August 2008
Persimmon Calls For Government Assistance NOW Persimmon is the latest house builder to call on the government to intervene in the mortgage market as soon as possible after announcing pre-tax profits which were down two thirds on the same... |
Friday 22nd August 2008
HBOS Calls It A Day On 53 Estate Agency Branches News that HBOS has closed down 53 of its Halifax estate agency branches was not totally unexpected but may not be the last of the closures. The move has resulted in 100 job losses with news that... |
Thursday 21st August 2008
Government Withdraw Home Sales Data News that the government has withdrawn data on home sales for the last three years because of inaccuracies has opened a ‘can of worms’ in investment markets. While the authorities would not... |
Tuesday 19th August 2008
Is Renting The Answer To The Property Slump? The Royal Institution of Chartered Surveyors (RICS) has reported a sharp rise in the number of people becoming landlords or tenants. It seems as though those who are both unable to sell their... |
Tuesday 19th August 2008
Rightmove Shares Tumble On Rival Fears News that the National Association of Estate Agents (NAEA) will soon launch its own free website where members can advertise their properties has caused a strong sell-off in Rightmove shares which... |
Tuesday 19th August 2008
London Property Market Crashes In July News that the price of the average property in London now stands at £379,162 and sellers are currently willing to knock off up to £20,000 just to finalise a sale has set the alarm bells... |
Tuesday 19th August 2008
Rental market rises, Rics claims Homeowners are giving up on trying to sell their properties - and are instead turning them over to the rental market. According to latest figures from the Royal Institution of Chartered Surveyors ... |
Saturday 16th August 2008
Construction Sector Woes Hit A Wider Market The fall in activity in the construction sector has been more marked over the last few weeks with more and more firms hitting serious cash flow problems and being pushed into administration and... |
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Property
Using a keynote speech at the CBI in Scotland we saw Gordon Brown looking more upbeat than he has for some time, more resilient and more candid in his approach to the struggle with the economy.... 
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