The Latest Property News Headlines
from aboutproperty.co.uk
£1 million homes march on
The sale of properties valued at £1 million or more in the UK are proving immune to the credit crunch, with sales continuing to rocket.
Repossession levels soar amid widening gloom
The number of mortgage possession claims in the UK has increased dramatically, according to the latest statistics from the Ministry of Justice.
Interest rate decision a 'step backwards'
The Bank of England's interest rate decision represents a "step backwards" for the property industry, according to Townends.
London property market stabilising
The London property market is returning to stability despite wider gloom, according to the latest research from Kinleigh, Folkard and Hayward (KFH).
FT: House prices down 0.2 per cent in April
Average house prices in England and Wales fell by 0.2 per cent in April, according to the latest research from the Financial Times (FT).
Knight Frank: Prime central London prices up 0.1%
The average price of a property in the prime central London market increased by a barely discernable 0.1% in April, according to figures released by Knight Frank.
All steady at the Bank of England
The Bank of England is to freeze interest rates at five per cent for May, the central bank has announced.
Confidence falls among estate agents
Confidence in the future falls among estate agents fell during April, amid turmoil in the UK property market, according to research from PropertyFinder.com.
Two years to recover from liquidity crisis
It will take up to two years for the mortgage market to recover from its present troubles, according to the head of the Building Societies Association (BSA).
Hips roll-out to be delayed further
The government has announced the final roll-out of its controversial home information pack (Hip) scheme will be delayed further.
Prime London property on the slide
Prices for prime central London property have begun to fall, according to a report from Savills.
CPRE: Urban flight 'polarises' London
A new report from the Campaign for the Protection of Rural England (CPRE) finds an exodus of young families from cities, is putting immense pressure on countryside communities.
'Fascinating' Croatia cited for investment
The eastern European nation of Croatia has been singled out as a possible overseas investment destination by overseas analysts Amberlamb.
Mortgage industry strong despite credit crunch
The mortgage industry has remained robust despite the ravages of the credit crunch.
Sun sets on British investors abroad
British investors do not rule the world's property investment waves, despite their apparent delusions, according to Unique Living.
