Latest Property News

• Surge in Middle East buyers seeking trophy property assets in London
  

  Published 07th Jul 2011

  Middle Eastern buyers account for 20% of overall investment in property in London as they seek safe havens to put their money during a time of turbulence in their region, according to a new report

• London rents '50% higher than national average'
  

  Published 07th Jul 2011

  Tenants in London pay 50% more in rent than the national average, according to the HomeLet Rental Index

• Moben, Dolphin and Kitchens Direct customers lose £1.5m in deposits after Homeform falls into administration
  

  Published 07th Jul 2011

  Hundreds of customers of collapsed Moben Kitchens, Kitchen Direct and Dolphin Bathrooms will lose a total of £1.5milion in deposits, administrators for parent firm Homeform have said

• Average house prices rise by £2,000 but experts warn 'significant headwinds' will keep prices down
  

  Published 06th Jul 2011

  House prices took an unexpected upward turn in June, adding 1.2 per cent to values in the month as record low interest rates ease the burden on borrowers, according to Halifax

• Banks should offer 'mates mortgages' so friends can buy together, says housing minister
  

  Published 05th Jul 2011

  Banks should offer ‘mates mortgages’ to help groups of friends buy a home together, a Government minister will say today

• Persimmon says housebuilding market is 'stable' and sees signs of hope for mortgage lending
  

  Published 05th Jul 2011

  Housebuilder Persimmon has declared market conditions 'stable' despite a fall-off in sale completions and average prices

• Britons inject £5.8 billion in housing equity in first quarter
  

  Published 04th Jul 2011

  Britons injected 5.832 billion pounds of equity into their homes in the first three months of this year, the smallest injection in a year, Bank of England data showed on Monday