Latest Property News

• Home sales to dip in 2011, no sharp price fall - CML
  

  Published 01st Jun 2011

  Property sales in Britain are likely to dip this year and more people will have their homes repossessed by lenders than in 2010, but house prices are unlikely to fall sharply, the Council of Mortgage Lenders said

• Mortgage approvals fall to record April low - Bank of England
  

  Published 01st Jun 2011

  The number of loans approved for house purchase fell by 4% to a four-month low of 45,166 in April – the lowest figure for that month since records began in 1992, according to the Bank of England

• House prices fall sharply in May - Hometrack
  

  Published 31st May 2011

  House prices in England and Wales dropped at their fastest annual pace in over 1-1/2 years in May as demand fell for the first time since January, a survey showed on Monday

• House prices show first rise since January - Land Registry
  

  Published 31st May 2011

  House prices in England and Wales rose by 0.8 percent in April, the first monthly increase since January and the biggest rise since January 2010, data from the official Land Registry showed on Tuesday

• Banks & homebuilders in talks to boost home loans
  

  Published 31st May 2011

  Banks are in talks with housebuilders to find ways of helping homebuyers overcome tight lending conditions to get a foothold on the property ladder, the Council of Mortgage Lenders said on Tuesday

• House prices 'to rise by 4% a year' (but recovery doesn't start until Christmas)
  

  Published 31st May 2011

  A four-year recovery in house prices – driving them up by 4 per cent a year – is predicted to start by the end of the year

• Tiny rise in house prices is yet another indication that economy is stagnating
  

  Published 27th May 2011

  House prices edged ahead by 0.3 per cent during May as the property market continued to trade sideways, figures showed today