Latest Property News

• Brit expats to benefit from new tax reforms
  

  Published 26th Jul 2011

  New UK treasury reforms could see retirees who live and own property abroad able to spend up to a third of their time back home each year without paying any tax

• Weak mortgage data shows housing market woes
  

  Published 26th Jul 2011

  Net mortgage lending fell to its lowest in more than a decade in June, data showed on Monday, and there is little prospect of the housing market strengthening as Britons' finances remain under severe pressure

• House prices creep lower in July
  

  Published 25th Jul 2011

  House prices in England and Wales ticked down again in July and are expected to fall further despite signs that demand is picking up somewhat, a survey by property data firm Hometrack showed on Monday

• Mortgage lender Yorkshire to buy Egg units from Citi
  

  Published 25th Jul 2011

  Mortgage lender Yorkshire Building Society is to buy the mortgage and savings business of Egg Banking from American bank Citigroup (C.N), as Citi continues to sell non-core assets after its bailout during the credit crisis

• Fall in occupancy levels to claim more hotel victims (but London market holds up)
  

  Published 24th Jul 2011

  More casualties in the hotel sector are inevitable as high levels of debt and a decline in the business travel market continue to take their toll, warn industry experts

• Mortgage lending jumps as buy-to-let picks up
  

  Published 20th Jul 2011

  Mortgage lending rose to its highest level for nearly a year last month as landlord activity in the buy-to-let market picked up, figures showed on Wednesday

• UK interest rate rise looks less likely, MPC minutes show
  

  Published 20th Jul 2011

  The Bank of England's monetary policy committee judged that recent economic weakness had reduced the chance that interest rates would need to rise in the near term, minutes to its July meeting showed