Latest Property News

• Taxpayer-bailed Northern Rock set to offer 90% mortgages in bid to return to private ownership
  

  Published 28th Feb 2011

  Northern Rock is preparing to offer 90 per cent mortgages just three years after it was bailed out by the taxpayer

• Despair for first-time buyers as new mortgage lending stays near two-year low
  

  Published 23rd Feb 2011

  First-time buyers received more bad news today as it emerged approvals for new mortgages remained close to a two-year low in January

• US house prices plumb new depths
  

  Published 23rd Feb 2011

  House prices in 11 of the biggest US cities have hit new lows, according to the latest data

• DB Mortgages fined £840,000 by FSA
  

  Published 22nd Feb 2011

  The Financial Services Authority (FSA) has fined DB Mortgages, part of the Deutsche Bank Group, £840,000 for irresponsible lending practices and unfair treatment of customers in arrears

• Hundreds of repossessed homes in Ireland to be sold by auction
  

  Published 22nd Feb 2011

  Flats in Ireland that could have fetched €150,000 in the Celtic Tiger years are to be put on the market for as little as €25,000 (£21,000) in the country's first ever mass auction of repossessed homes

• Lloyds takes £500 million hit on mortgage mishap
  

  Published 22nd Feb 2011

  Part-nationalised bank Lloyds will take a 500 million pound provision after agreeing to repay 300,000 customers following confusion over the rates being offered at some of its mortgages

• London property prices boosted by bankers' bonuses
  

  Published 21st Feb 2011

  London penthouse London property prices are rising, in sharp contrast to other parts of Britain