Latest Property News

• Self-certification mortgages set to be axed
  

  Published 14th Oct 2009

  Controversial self-certification mortgages, which allow borrowers to apply for loans without proving their income, are set to be outlawed by the Financial Services Authority (FSA)

• Administrators appointed at Sir John Ritblat’s pubs chain
  

  Published 14th Oct 2009

  Sir John Ritblat, the veteran property magnate who turned British Land into one of Britain’s top companies, has suffered a setback to his pub ambitions after the appointment of administrators to his fledgeling Merchant Inns chain

• House prices are rising more than at any time since credit crunch, say estate agents
  

  Published 13th Oct 2009

  More estate agents are reporting house price rises than at any time since the credit crunch caused the bottom to fall out of the property market, it is claimed today

• Winkworth plan to raise £1m signals confidence in housing market
  

  Published 13th Oct 2009

  Winkworth, the estate agent, plans to raise £1 million through a flotation on the Alternative Investment Market in the latest sign of renewed confidence in the housing market

• Interest rates 'to stay low for years'
  

  Published 12th Oct 2009

  Interest rates will stay at rock bottom in the years to come as the government tackles the UK's wounded economy, a report out today predicted

• Number of mortgages up 29% in August
  

  Published 12th Oct 2009

  The number of loans taken out to buy houses dipped 5 per cent in August from the previous month, but is up 29 per cent from the same month a year ago

• Mayfair rental signals return of City boy and bonus
  

  Published 11th Oct 2009

  A Mayfair triplex apartment — with cinema, car lift, secret courtyard garden and swimming pool — is to let at £40,000 a week