Latest Property News

• Lying estate agents confronted with home truths
  

  Published 13th Nov 2009

  One in four estate agents has lied to homebuyers about properties or failed to comply with consumer protection laws, an investigation has revealed

• Fewer Britons expected to lose homes this year
  

  Published 13th Nov 2009

  The number of repossessions forecast for this year has been reduced to 48,000 by the Council of Mortgage Lenders (CML), which last year predicted that 75,000 people would lose their homes in 2009

• Korean fund ready to buy HSBC head office
  

  Published 13th Nov 2009

  South Korea’s £125 billion state pension fund is poised to buy HSBC’s head office building in London in an £800 million investment lunge for one of Canary Wharf’s foremost landmarks

• Kenmore Property collapse leaves Lloyds with a £700m hangover
  

  Published 13th Nov 2009

  Lloyds Banking Group was chasing debts and investments of more than £700 million last night after the collapse of a property developer that it has been bankrolling

• Mortgage lending to first-time buyers rises 45%
  

  Published 12th Nov 2009

  A third of first-time buyers did not pay stamp duty in September, benefitting from the government's temporary increase in the 0% threshold to £175,000, the Council of Mortgage Lenders (CML) said today

• British Gas owner expects profits to rise 43% as winter gas prices are hiked
  

  Published 12th Nov 2009

  British Gas parent Centrica today said its residential utility arm was on track to see profits soar by an expected 43% this year, despite a 7% fall in energy consumption

• Harriet Harman plots 'soak the rich' tax raid on middle classes
  

  Published 10th Nov 2009

  Middle-class homeowners face a new raid on their incomes under plans for council tax and capital gains tax rises being pushed by Harriet Harman