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Saturday, November 21
Nationwide sees risk of house price fall in 2010
by
Jet-to-Let Magazine
on Sat 21 Nov 2009 09:47 GMT
House prices could retreat in 2010 if unemployment rises sharply, Britain's third-largest mortgage lender Nationwide warned on Friday. A lack of supply and low interest rates have boosted the housing market this year, but Nationwide said prices could go into reverse with unemployment set to rise further and a stock ... more » Thursday, November 19
Seasonal rise in mortgage lending
by
Jet-to-Let Magazine
on Thu 19 Nov 2009 10:27 GMT
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 » Wednesday, November 18
Bank split over stimulus package
by
Jet-to-Let Magazine
on Wed 18 Nov 2009 10:00 GMT
Bank of England rate-setters were split three ways about the decision taken earlier this month to pump £25bn more into the economy, meeting notes show. Seven of the nine members of the Monetary Policy Committee (MPC) voted for the £25bn extension, one voted for a higher amount and one for ... more » Monday, November 16
Firms 'struggle to get finance'
by
Jet-to-Let Magazine
on Mon 16 Nov 2009 10:27 GMT
Access to finance remains a problem for small and medium-sized firms, despite the extra £200bn pumped into the UK financial system, a report says. The British Chambers of Commerce (BCC) said a third of the companies it had questioned found access to finance had become harder in the past three ... more » Thursday, November 12
Small rise in home repossessions
by
Jet-to-Let Magazine
on Thu 12 Nov 2009 11:03 GMT
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 » Tuesday, November 10
House prices are to "keep on rising"
by
Jet-to-Let Magazine
on Tue 10 Nov 2009 11:35 GMT
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 » Monday, November 9
Prices to fall in 2010?
by
Jet-to-Let Magazine
on Mon 09 Nov 2009 17:34 GMT
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 » Thursday, November 5
Decision due on economic stimulus
by
Jet-to-Let Magazine
on Thu 05 Nov 2009 11:01 GMT
The Bank of England's rate-setters are due to announce at midday if they want to pump extra cash into the economy. They have spent £175bn on quantitative easing, which involves printing money to buy assets from banks and other companies to stimulate the economy. The decision is due alongside their ... more » Monday, November 2
House prices edge higher
by
Jet-to-Let Magazine
on Mon 02 Nov 2009 09:54 GMT
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 » |
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