Nationwide is predicting another interest rate rise in May, due to the robust growth of house prices in the UK this month, though it points out the underlying trend towards a cooling of the market.
Nationwide latest monthly survey reveals that house prices rose by 0.9% in April, compared with 0.5% in March. This represents the […]

London property market continues to grow, with the latest indication being the fact that there are now over 1,000 homes in London which are on the market for more than 2m.
The growth in London house prices is being driven by foreign buyers attracted by the City financial and business status.  Added to a shortage of […]

Homeowners have been warned that a slowdown in the housing market could lead to a crisis in the sub-prime mortgage sector, and the threat of repossessions.
Standard & Poor’s, a credit rating agency, expressed concern about the British sub-prime industry, which provides mortgages to people with poor credit histories who have been unable to get mortgages […]

If you have inherited some property, there are a number of decisions to be made you may wish to live in the property yourself, rent it out, or sell it. There may be taxes to be paid on the property you inherit, or you may have jointly inherited the house or flat with others.
It is important […]

17,000 homes were repossessed last year, the highest number for five years, with further rises predicted for the coming year by the Council of Mortgage Lenders.
A rise in repossessions means that one group of people will be kept busy bailiffs so what can you do to stop the bailiffs coming to your house?

Though house price rises in the majority of the country are beginning to slow down, the London housing market continues to rise, as demand for property in the capital shows no signs of slowing down.
For those currently renting property, and first time buyers looking to get onto the housing ladder, the slowing of house price […]

With recent interest rate rises three in the past six months are more planned more people are beginning to struggle to meet mortgage payments and, in the worst cases, battling against repossession.
With 10,000 people going insolvent every month, and according to Recent data from the Council of Mortgage Lenders (CML), 17,000 homes were repossessed in 2006, […]

Research by the Halifax has revealed the difficulties faced by public sector workers, and first time buyers in general, finding that these groups are priced out of up to 70% of Britains towns.
Halifax looked at the affordability of houses for five different key workers, nurses, teachers, firefighters, the police, and ambulance workers.