The number of mortgages approved rose slightly during January but lending levels were still 43 per cent lower than in the same month a year ago, figures indicate today. A total of 23,376 mortgages were approved for house purchases during the month – the highest for four months and up from 22,416 in December, the [...]
By Sharlene Goff Published: February 13 2009 16:54 | Last updated: February 13 2009 16:54 Homeowners are being warned that house prices still have a way to fall, in spite of tentative signs that the property market may be stabilising. Halifax sparked a burst of excitement last week when it reported that house prices had [...]
Home repossessions rose to their highest level since 1996 last year, according to data released on Friday. There were 40,000 repossessions in 2008, up from 25,900 the previous year. The total number of repossessions was equivalent to 0.34 per cent of all outstanding mortgages, the highest proportion since 1996, at the tail end of the [...]
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Night in the City: London this decade became a magnet for financial dealings and as a place for both the super-rich and career-minded youth to live. Now, wealth and talent may increasingly seek other homes From the roof of what is intended to become …read review
London. The average asking price climbed from GBP 213,570 to GBP 216,163 between January and February, according to Rightmove, which collects data from 200,000 properties on the market, The Daily Telegraph informs. The figures – the largest monthly …read review
Estate agents are struggling to cope with a 108 per cent annual increase in inquiries from new buyers, it is claimed today. The figures suggest buyers believe a 25 per cent slump in prices since the 2007 peak has created bargains. Interest has been fired by the Bank England’s decision to slash the base rate [...]
