The slowing of growth will be less felt in Scotland than in England (The Herald)
UK house prices will fall overall in real terms next year for the first time since 1994 and repossessions will jump by 50%, the Council of Mortgage Lenders (CML) predicted yesterday....more...Fall in prices triggers mortgage alarm (Cambridge Evening News)
HOUSE prices in Cambridge have fallen for the first time in two years....more... DATA SNAP: UK Oct House Prices -0.1% On Mo, +4.4% On Year (The Forex Market)
LONDON (Dow Jones)--U.K. house prices fell for the first time in two years in October as weaker buyer confidence and continued stretched affordability weighs on the housing market, a survey by Hometrack showed Monday....more... Mortgage approvals hit two-year low as house prices fall for the first time since 2005 (Daily Mail)
The number of new loans for house purchase slumped by 20 per cent in September fuelling fears the nation faces a full-blown property bust. Just 102,000 loans for purchase were agreed, which is the lowest figure for more than two years ...more... First-time buyers warned over negative equity (Guardian Unlimited)
Thousands at risk after a huge increase in the number of 100% mortgages....more... The harder they fall (Times Online)
Many frustrated top-end sellers are slashing prices as they struggle to cash in their paper profits. Is this yet another sign of an imminent crash or just a dip in confidence...more... DATA SNAP: UK October House Prices +1.1%MM, +9.7%YY (The Forex Market)
============================================================ Nationwide House Prices ! Consensus: +0.2% MM ! Oct Sep ! +8.6% YY ! on month +1.1% +0.7% ! ! on year +9.7% +9.0% ! Actual: +1.1% MM ! ! +9.7% YY ! ============================================================...more... Garages go sky high (Times Online Sunday)
IN 1987, just months ahead of Black Monday and the property crash, a 5½ft by 11ft broom cupboard opposite Harrods went on the market for £36,500. It came to represent the height of the 1980s property bubble, cited as an example of the madness of the London housing market....more... LeadPoint offers leads to cherry members (e-Consultancy)
-------PRESS RELEASE------- LONDON, United Kingdom (October, 2007) -- LeadPoint, the world?s first and largest online leads exchange marketplace, announced today that it has teamed up with online broker forum cherry to offer mortgage and loan leads to cherry members. cherry will be communicating with......more... |