Property Investment News and Analysis from Dominic Farrell.
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View Article  Seasonal rise in mortgage lending

UK mortgage lending rose by 5% in October compared with the previous month, according to a lenders' group.

However, the £13.5bn of gross mortgage lending recorded by the Council of Mortgage Lenders was down 27% compared with the same month a year ago.

The group said that the month-on-month rise ...   more »

View Article  Eurozone emerges from recession

The eurozone economy has emerged from recession after growing between July and September, figures have shown.

The 16 nations that use the euro collectively grew 0.4%, after shrinking by 0.2% between April and June.

The French and German economies both grew for a second consecutive quarter, confirming the eurozone's two ...   more »

View Article  Small rise in home repossessions

The number of properties repossessed in the July to September period rose by 3% to 11,700, according to figures from the Council of Mortgage Lenders (CML).

The total was up 5% from the same period a year ago.

But the CML said it was now cutting its forecast for total ...   more »

View Article  House prices are to "keep on rising"

House prices are likely to keep on rising for the time being, says the Royal Institution of Chartered Surveyors (Rics).

Its latest monthly survey shows that sellers are now beginning to return to the property market.

But they are still being outweighed by the number of potential buyers registered with ...   more »

View Article  Prices to fall in 2010?

Property group Savills is predicting ups and downs within the housing market over the next five years - according to the group, after a 3.7% rise in values this year, the market will see peaks and troughs...

Next year will see a drop of around 6-7%, while values will rise ...   more »

View Article  Cheap Money may create another property bubble

Great swaths of the world’s residential property market are not just in full recovery mode — they are booming. While the property pages in Britain have focused on a slight pick-up at the top end of the market, partly because of a revival in bankers’ bonuses, there is a full-scale ...   more »

View Article  House prices edge higher

House prices have edged upwards for the third consecutive month in spite of signs of a slowdown in demand from new buyers, according to Hometrack, a research company.

Its monthly survey of estate agents and surveyors in England and Wales showed that house prices grew by 0.2 per cent in ...   more »