Archive for October, 2009
Mortgages to remain low
The latest figures were released during a week that the City watchdog proposed strict new rules for the mortgage market, which would see home owners forced to disclose how much they spend on alcohol and clothes when they apply for a home loan. Total gross mortgage lending rose 2 per cent to £12.5 billion, but [...]
House Price Rises
More estate agents are reporting house price rises than at any time since the credit crunch caused the bottom to fall out of the property market, it is claimed today. Twenty-two per cent more agents saw rises than falls in September, according to the Royal Institution of Chartered Surveyors. This is the highest ‘positive reading’ [...]
Recession kills off the property dreams
The recession has led to thousands of Britons giving up on the dream of owning their own homes, says a survey by the National Association of Estate Agents (NAEA). In some British cities, as many as 30 per cent of adults no longer wish to own property, citing high prices and fears over redundancy as [...]
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