Negative equity affects 827,000 households, lenders say |
Property Market News |
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Posted: 9 Aug 2011 |
Author: BBC |
| The number of mortgage borrowers in negative equity - where their loan is bigger than the value of their house - is 827,000, lenders have calculated.The Council of Mortgage Lenders (CML) said the figures, for the first quarter of 2011,... |
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Glasgow homeless children get chance to decorate their... |
Property Market News |
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Posted: 9 Aug 2011 |
Author: Shelter Scotland |
| A group of homeless children from Glasgow took part in an event which offers them the chance to decorate items for their dream home.The annual summer event allows children aged six to 13 years who are homeless and living in... |
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UK housing market remains flat |
Property Market News |
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Posted: 9 Aug 2011 |
Author: RICS |
| Activity in the housing market remained flat during July, with house prices slipping further, according to the July 2011 RICS UK Housing Market survey.22 per cent more chartered surveyors reported that prices fell rather than rose in July. While this... |
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Crowds fight for Irish 'fire sale' properties |
Property Market News |
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Posted: 8 Jul 2011 |
Author: KPM |
| Allsops held their auction of Irish properties yesterday (highlighted in Latest News on 4th July) with all but five of the 87 properties on the market being sold, with the majority going for substantially more than their reserve prices.At the... |
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First-time buyers drop 10% in a year |
Property Market News |
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Posted: 8 Aug 2011 |
Author: Halifax, Rightmove |
| Two reports out this morning both show that first-time buyer numbers are continuing to fall dramatically.Rightmove and Halifax surveys both show deteriorating levels of first-time buyers, commonly called the lifeblood of the housing market because they are needed to build... |
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