Latest Property News

• RICS: Housing market ended 2010 on chilly note
  

  Published 18th Jan 2011

  Britain's estate agents are looking to better weather in the spring to boost the housing market after a combination of icy conditions, rationed mortgage finance and a shortage of sellers saw 2010 end on a low-key note

• Property asking prices edge up
  

  Published 17th Jan 2011

  A drop in the number of new homes coming onto the market helped property asking prices rise in January for the first time in three months, property website Rightmove said on Monday

• Bovis to restart dividend payments as profits rise
  

  Published 14th Jan 2011

  Housebuilder Bovis has upped its profit guidance for the year, boosted by strong sales and higher selling prices

• Interest rates kept at record low of 0.5% for 22nd consecutive month
  

  Published 13th Jan 2011

  Interest rates were kept at 0.5% today despite the threat of high inflation and rising commodity prices

• Builder Persimmon sees muted 2011 growth
  

  Published 13th Jan 2011

  British housebuilder Persimmon warned of little price growth this year with weak consumer confidence continuing to drag as it reported annual underlying pretax profit at the top end of market views

• Barratt says lack of mortgages still key constraint
  

  Published 12th Jan 2011

  Housebuilder Barratt Developments reported a 4.4 percent fall in first-half completions, partly offset by higher prices and margins, and said low mortgage availability remained its biggest problem

• December house prices fall faster than forecast
  

  Published 10th Jan 2011

  House prices fell at their fastest annual rate in more than a year in December, mortgage lender Halifax said on Monday, but it reckons there will be little movement in house prices in the coming year