Property Investment News and Analysis from Dominic Farrell.
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View Article  Collapse in mortgage lending intensifies

The collapse in mortgage lending continued last month as banks further tightened the screws on home loans and would-be buyers shied away from the plunging housing market, new figures confirmed today.

The total amount of mortgage lending by banks and building societies last month fell to just £17.7 billion, the ...   more »

View Article  CBI urges interest rate cut

Pressure is building on the Bank of England to reduce interest rates this week after Britain's biggest business lobby called for a sharp cut and City economists warned of "a deeper and longer" recession than initially feared.

Economists at UBS slashed their global growth forecasts in response to "the dramatic ...   more »

View Article  Overseas property owners renting out to cover costs in current economic downturn

The credit crunch is having a major impact on overseas property owners who are finding it more expensive to visit their second homes.

The general economic climate means they are now trying to rent out their property but the rising cost of flights and travel is impacting that market too....   more »