Latest Property News

• MP for housing Ian Austin has pledged to help first-time buyers get on the property ladder in rural parts of the UK.
  

  Published 16th Aug 2009

  His comments came as the government announced new measures to protect rural property and ensure more homes are available in these areas

• Rising wave of fraud plunges Bradford & Bingley deeper into the red
  

  Published 15th Aug 2009

  Bradford & Bingley, the nationalised mortgage lender, has laid bare the dire state of its loan book and said that a rising wave of fraud dragged it to a £160 million loss for the first half of the year

• US home repossessions rocket to record levels
  

  Published 14th Aug 2009

  Home repossessions have rocketed to a new high in the US as a tide of misery sweeping through the mortgage market stubbornly resists large-scale programmes by the Obama administration to keep struggling borrowers from losing their houses

• British Land shares soar on growing bid fever
  

  Published 14th Aug 2009

  Shares in British Land continued to rise today, putting pressure on the FTSE 100 property company to clarify its position amid reports that it could face a bid worth up to £10 billion

• New-build dwellers get that shrinking feeling
  

  Published 12th Aug 2009

  New houses have many advantages over the Victorian and Edwardian homes that dominate many of Britain’s towns and cities

• Banks under fire for high lending rates to homeowners and small businesses
  

  Published 11th Aug 2009

  Banks are lending to homeowners and businesses at rates extortionately higher than they are borrowing at

• Banks and building societies lift savings rates to fund mortgage deals
  

  Published 11th Aug 2009

  Savers are being offered rates of almost 5% above the Bank of England base rate as banks and building societies compete to raise cash to fund new mortgages and pay off wholesale borrowing they secured before the credit crunch