News archive for 2009
Bank of England Decides to Keep Current Interest Rate
August 03, 2009
A couple of important decisions were made during a meeting of the Monetary Policy Committee in June regarding the interest rate.
House Construction Firm Taylor Wimpey Optimistic About Housing Market Trends
August 03, 2009
According to the BBC News, the Taylor Wimpey company feels very optimistic that the housing industry in the UK is starting to improve.
Landlords Benefiting from Great Deals on Houses.
August 03, 2009
Buy-to-let landlords are benefiting from good deals for houses on the housing market.
Student accommodation remains popular
July 23, 2009
Despite the struggling property market, the student accommodation sector remains stronger than ever.
Properties in Dundee – Overview
July 23, 2009
Dundee is the fourth-largest city in Scotland and, fully named as Dundee City, one of Scotland's 32 local government council areas. It lies on the north bank of the Firth of Tay, which feeds into the North Sea.
Interest rates stay the same for fourth consecutive month
July 23, 2009
The bank of England has announced that interest rates will remain the same at 0.5% for the month of June. This is the fourth consecutive month that the interest rate has remained unchanged.
House prices rise by 2.6% in May
July 23, 2009
The month of May saw the highest increase in house prices since the year 2002. The Halifax price index showed a 2.6% increase in house prices over the month of May.
May 28, 2009
Property prices in London have plunged up to 30% in value as newly built houses are not selling as fast as expected.
House buyers have the upper hand
May 28, 2009
Buyers have been able to negotiate far higher discounts from the original selling price recently.
20 percent of new mortgages are first time buyers
May 28, 2009
It seems that first time buyers now account for a little more than 20 percent of all new mortgage deals.
Estate agents optimistic on property sales
May 17, 2009
The RICS indicates that the mood is fairly upbeat between its members with regards to property sales.
Plans in place to avoid repeat of mortgage crisis
May 17, 2009
According to industry expert Lord Turner, we are unlikely to see a repeat of the mortgage crisis in the future
Buy to let to become a more attractive investment
May 08, 2009
House prices are going down as well as mortgage rates. The time is right for buy to let.
May 08, 2009
Industry experts believe that property prices are unlikely to go lower than what they are at the moment
Consumer confidence at its highest
May 08, 2009
Latest reports suggest that consumer confidence in the property market is at its highest
Mortgage support scheme launched
May 01, 2009
Homeowner mortgage scheme has been launched to prevent repossessions of property
Increase in property sales beckoning
May 01, 2009
The national Association of Estate agents has noted some positive signs in the housing market. Buyers are starting to return and home sales are starting to rise little by little
Government to sell public property
May 01, 2009
The government of the United Kingdom plans to sell around 20 billion pounds worth of state property over the next 10 years
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