Latest Property News

• London Scottish Bank collapses
  

  Published 01st Dec 2008

  London Scottish Bank, the lender which specialises in customers with poor credit histories, plunged administration this morning after regulators stopped the group from accepting customer deposits

• RBS offers to delay repossessions
  

  Published 01st Dec 2008

  The Royal Bank of Scotland (RBS) has guaranteed not to repossess the properties of customers who fall behind on payments for at least six months

• Failure of Spanish Company Habitat rescue fuels property fears
  

  Published 29th Nov 2008

  Spanish property group Habitat filed for creditor protection owing €2.3bn ($2.9bn), amid signs that last-ditch efforts to rescue other developers were also in trouble

• What is it like to be a mortgage broker?
  

  Published 29th Nov 2008

  Ms DeBattista, a mortgage broker in Cardiff, has felt the downturn for some time now

• Nationwide limits cheap mortgages
  

  Published 29th Nov 2008

  One of the UK's biggest mortgage lenders, the Nationwide, will stop all new mortgage borrowing on its standard variable rate (SVR)

• Britons abandon holiday homes in France as sales plummet by a HALF
  

  Published 27th Nov 2008

  The number of Britons buying properties across the Channel has slumped by up to 50 per cent this year, French agents reported

• Government-owned lender increases mortgage rates
  

  Published 26th Nov 2008

  Northern Rock, the state-owned lender, has embarrassed the Government by increasing rates on its most competitive deals despite Government calls for high street lenders to pass on cuts in borrowing costs