Property Investment News and Analysis from Dominic Farrell.
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View Article  Lending Levels Will Increase In 2009

The 2009 housing market forecast from Assetz predicts that although there will be some moderate house price falls in the first half of the year, the second half will see the property market start to bottom out.

Sales activity is also expected to pick up in the latter half of ...   more »

View Article  Nationwide in 95% mortgage market

Nationwide has launched a new mortgage for existing borrowers who have just 5 per cent equity in their homes.

The lender is the first to re-enter the high loan-to-value market following a mass withdrawal by mortgage providers earlier this year as property prices started to fall.

Nationwide’s new deal is, ...   more »

View Article  Mortgage lenders seek greater clarity as the lending slump continues

There were 39,900 house purchase loans in October, worth £5.5 billion, according to new data from the Council of Mortgage Lenders.

This was an increase of 14% in volume and 10% in value from September, but an annual decline of 52% in volume and 57% in value.

The rise in ...   more »

View Article  Mortgages issued for house purchases rise for first time in six months

The number of loans for house purchase - issued to first-time buyers and home movers - rose to 39,900 in October, up 4,900 on the previous month. And the number of remortgages rose to 70,000 in October, up 8,000 on the previous month, according to the Council of Mortgage Lenders....   more »

View Article  CML may drop house price forecast

The Council of Mortgage Lenders (CML) said that it may abandon its annual house price forecast due to the market downturn.

The trade body, which is currently finalising its forecasts for 2009, said it was considering not predicting what would happen to house prices during the year because of the ...   more »