Latest Property News

• RBS/NatWest will not pass on the latest cut in the Bank rate to its variable rate mortgage customers.
  

  Published 07th Mar 2009

  The bank, which is majority owned by the taxpayer, said it had to consider savers too and its standard variable rate (SVR) was already competitive

• House prices fall 2.3% in February
  

  Published 06th Mar 2009

  House prices fell by 2.3% in February with 2009 set to be "another difficult year" for the housing market, the UK's largest lender said today

• Bank to 'print' £75bn of new money as it cuts rate
  

  Published 05th Mar 2009

  The Bank of England today embarked on radical moves to “print money” in an aggressive new phase of its battle to combat Britain’s economic slump

• Commercial property markets tumble
  

  Published 05th Mar 2009

  Some of the world’s hottest commercial property markets, including those in oil-rich nations and in China, have been pulled into the global real estate malaise by falling oil prices and rapidly shrinking credit, according to a report

• Increased market activity in February
  

  Published 04th Mar 2009

  Activity in the residential property market grew in February according to one report

• Construction groups given £13bn boost by Government
  

  Published 04th Mar 2009

  Construction groups were given a timely boost as the government unveiled plans for a £13billion cash injection to fund public sector projects as the beleaguered sector hit a new low

• Persimmon drops divi after £780m loss
  

  Published 04th Mar 2009

  Builder Persimmon today racked up losses of £780m and cancelled its dividend, but insisted it was financially secure