Latest Property News

• England and Wales house prices hit three-year high
  

  Published 16th May 2011

  After lingering in the doldrums for the first few months of 2011, it seems the rest of England and Wales is finally catching up to London, with average asking prices for properties reaching their highest level since June 2008, according to real estate website Rightmove

• Construction data may be understating UK recovery
  

  Published 13th May 2011

  Friday's upward revision to first-quarter construction data narrows the gap with industry surveys but won't eliminate suspicions that the official data is still understating the strength of Britain's recovery

• 100 families a day lose their homes as repossessions soar 15%
  

  Published 13th May 2011

  Around 100 families every day are being kicked out of their homes because they can’t afford to pay their mortgage, it emerged yesterday

• Housebuilders see some market improvement
  

  Published 11th May 2011

  Housebuilder Barratt Developments reported a continued improvement in the market after a difficult autumn, and said it was on track to deliver a big increase in full-year operating profit

• Building starts on last London Olympic venue
  

  Published 10th May 2011

  Construction has begun on the final 2012 Olympic venue, the shooting ranges, in the grounds of one of London's grandest historic buildings

• Balfour Beatty order books grows in first 4 months
  

  Published 10th May 2011

  Balfour Beatty, Britain's largest infrastructure contractor, said its order book had grown since the end of 2010 and trading so far this year was in line with its expectations

• Boost for first time buyers with 10 per cent deposit as mortgage rate falls below 6 per cent for first time in three years
  

  Published 09th May 2011

  The typical mortgage rate paid by people with just a 10 per cent deposit has fallen below 6 per cent for the first time in more than three years