Property Investment News and Analysis from Dominic Farrell.
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View Article  London house prices to fall from 2007 peak

LONDON (Reuters) - Prime central London house prices will fall 30 percent from peak 2007 levels before mounting a recovery in 2010 as economic sentiment and job security in the UK capital plunges, consultant Savills said on Friday.

In a bearish revision on earlier estimates, Savills said London's prime house ...   more »

View Article  Squillionaires' Row defies the squeeze

Prepare to be amazed. Three enormous houses in Hampstead with billionaire price-tags are being launched in London's depleted and depressed property market with as much chutzpah as if there had been no recession at all. Jersey House in The Bishops Avenue at £40 million, The Mansion and The Villa, both ...   more »

View Article  Lenders could sidestep repossession rules

Debt charities have criticised a High Court ruling, which has given mortgage lenders the green light to repossess homes of customers without needing to apply for a court order.

The High Court supported a decision by GMAC-RFC, the mortgage lender owned by troubled US car giant General Motors, to take ...   more »