Property Investment News and Analysis from Dominic Farrell.
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View Article  House prices rose by 2.9% in 2009, says government

House prices in the UK rose by 2.9% last year, according to the latest government house price survey.

Prices rose by 3% in England, 3.8% in Scotland and 1% in Wales, but fell 6% in Northern Ireland, the Department for Communities and Local Government said.

The figures suggest that the ...   more »

View Article  Stamp duty change prompts rush by house buyers

A rush to beat the end of the stamp duty concession saw a big rise in loans made to house buyers in December, says the Council of Mortgage Lenders (CML).

There were 62,800 such loans, up by 23% from November and 90% higher than in December 2008.

The number of ...   more »

View Article  Bank of England warns inflation will exceed 3%

The UK's inflation rate will rise above 3% in the coming weeks, the governor of the Bank of England, Mervyn King, has predicted.

Presenting the Bank's quarterly inflation report, Mr King said the increase in VAT and higher petrol costs would push up prices.

But, he added, inflation would then ...   more »

View Article  House prices rise by another 0.6%, the Halifax says

House prices have risen for the seventh consecutive month - rising by 0.6% in January compared with December, the Halifax has said.

The average UK home was valued some 3.6% higher in January than a year earlier, at £169,777.

The figures show the continued trend of rising prices which has ...   more »

View Article  Davos 2010 ends with bankers on the defensive

Bankers have indicated that they may agree to far-reaching reforms, as the World Economic Forum in Davos ends.

Top regulators warned that they could take drastic action to take some of the risk out of the financial industry.

However, the annual meeting of some of the world's most powerful business ...   more »