Latest Property News

• Barclays, HBOS sued by homeowners over shared appreciation mortgages
  

  Published 21st Jan 2009

  A group of homeowners who claim they were sold unfair shared appreciation mortgages took the first step towards suing their lenders today

• More shops going under at Land Securities
  

  Published 20th Jan 2009

  Property firm Land Securities warned today that the number of its retail tenants in administration jumped to 4.8% of annual rental income in the last quarter of 2008

• Council tax rise set to be three times rate of inflation
  

  Published 20th Jan 2009

  Council tax bills are expected to rise by an average 3.5 per cent across England in April, more than three times the predicted rate of inflation, town hall chiefs admit today

• Further incompetence at RBS
  

  Published 19th Jan 2009

  Royal Bank of Scotland confirmed it was on course to lose up to £28 billion in the past year - the biggest loss in UK corporate history

• House prices expected to fall a further 10%
  

  Published 19th Jan 2009

  The average price of a house in England and Wales has fallen by nearly 8% over the past year and is likely to fall by a further 10% before reaching a bottom in the second half of this year, a report out today said

• Bankers told they are too risky for a loan
  

  Published 17th Jan 2009

  Financial sector and property workers suddenly find themselves under scrutiny from lenders

• Mortgage lifeline plan unworkable, say lenders
  

  Published 16th Jan 2009

  Mortgage lenders warned the Government last night that Alistair Darling's plan to offer struggling homeowners a holiday from interest payments will result in new applications being turned down