- Buy-to-let deals harder to come by
Mortgage deals of between 10% and 15% deposits, which used to make up some 61% of the buy-to-let market, have become a thing of the past.
(Filed: Thu Jan 15 2009)
- New signs for old rules?
Following a change in the law last year which now allows local authorities to fine drivers who obstruct a driveway, the AA is calling for such driveways to be clearly marked with a white line.
(Filed: Mon Jan 12 2009)
- The Great Housing Bubble Was a Credit Bubble, Opines Lawrence Roberts in New Book
Lawrence Roberts, considered the Housing Bubble Cassandra, in his new book, The Great Housing Bubble, demonstrates that the housing bubble was a credit bubble fueled by greed. He identifies the root causes of the credit bubble, outlines the sequence of events causing the rise and fall in prices, and issues a stern warning about government intervention in the markets.
Company: Monterey Cypress Publishing
(Filed: Mon Jan 12 2009)
- The housing market outlook for 2009
Worst-case scenarios for the UK property market this year and beyond envisage price falls of up to 50%, hundreds of thousands of homeowners falling into negative equity, debt levels remaining high, and zero interest rates for several years, along with ever more drastic moves by central banks to keep the economy from imploding.
(Filed: Mon Jan 12 2009)
- UK property market remains firmly in doldrums
With the UK economy going into recession in 2009, the housing market is expected to tumble further before any possibility of an upturn around 2010, when it is hoped that spending for the London Olympics might boost London’s economy and the housing market.
(Filed: Sun Dec 07 2008)
- House rents fall as properties go unsold
A survey this week from the Royal Institution of Chartered Surveyors (RICS) showed that rents for homes fell for the first time in 5 ˝ years, a consequence of the UK property slump which is now seeing the market flooded with rental properties.
(Filed: Fri Nov 21 2008)
- 15,000 estate agents’ jobs under threat
With the decline of the UK housing market over the past 15 months or so, some 5,000 to 7,000 estage agents have lost their jobs, and much worse is expected.
(Filed: Fri Nov 14 2008)
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