News archive - May 2009
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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