Latest Property News

• Council tax bills to soar by 30 times rate of inflation
  

  Published 28th Feb 2009

  Council tax is to rise by 30 times the rate of inflation, despite a pledge by town hall chiefs to help struggling families

• Lloyds counts cost of HBOS takeover and property slump as 500,000 customers slip into negative equity
  

  Published 28th Feb 2009

  The number of mortgage-holders borrowing from Lloyds Banking Group that are trapped in negative equity surged last year to half a million, the group, which is 43 per cent owned by the taxpayer, revealed yesterday

• Scottish Power will reduce bills
  

  Published 28th Feb 2009

  Scottish Power has become the latest energy supplier to announce cuts in bills, starting at the end of March

• 'Rents down' amid flooded market
  

  Published 26th Feb 2009

  The cost of renting a home has dropped as frustrated property sellers have been flooding the market, according to two separate surveys

• Mortgage approvals up in January
  

  Published 25th Feb 2009

  The number of mortgage approvals in the UK made by banks rose slightly in January, industry figures have shown

• Northern Rock to return to mortgage lending
  

  Published 23rd Feb 2009

  Northern Rock will lend an additional £5 billion in mortgages this year, or about 1.9 per cent of the mortgage market based on last year's figures

• Lib Dems propose Government-backed starter home loans
  

  Published 20th Feb 2009

  The Liberal Democrats have called for the introduction of basic mortgages secured by the Government to protect borrowers from the collapse in lending by banks and building societies