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| Rents falling in prime London locations A surge in available rental accommodation in prime London locations has begun to curtail rent growth, it has been claimed.
According to Cluttons, the difficulty in selling in the current market conditions has seen a surge in owners offering their properties for rent in areas such as South Kensington, Chelsea and Knightsbridge.
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Mortgage lending inched up in July.
Gross mortgage lending edged up last month, but remains significantly down for the year, new data has shown.
21st August 2008 15:26
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Mortgage rates up 0.64%.
Repayment rates on the best deals available to UK home buyers have increased by 0.64 per cent since the onset of the credit crunch, a study has shown.
20th August 2008 16:35
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Lettings market boosted by fall in buyer demand.
Dwindling demand from home buyers is boosting the lettings market, it has been revealed.
19th August 2008 17:08
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London house prices down 5.4%.
London house prices slid by 5.4 per cent last month, new figures have shown, in the latest sign that the capital's property market is now feeling the full force of the downturn.
18th August 2008 16:34
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Repossession orders rise as mortgage debts mount.
More and more Britons were struggling with mortgage debt during the second quarter, with the number at risk of home seizure hitting a 15-year high.
15th August 2008 16:38
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Crunch-hit homeowners urged to take in lodgers.
Britons who are struggling with higher living costs have been urged to consider taking in a lodger to help them through.
14th August 2008 16:31
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Higher-value mortgages still available.
The availability of larger mortgage loans has been unaffected by the constraints evident in the wider market, it has been revealed.
13th August 2008 16:55
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Mortgage approvals slumped in June.
The number of mortgages approved by lenders fell to 47,000 during June, new figures from the Council of Mortgage Lenders (CML) have revealed.
12th August 2008 16:40
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Mortgage broker banned by FSA.
A mortgage broker has been banned from the profession for life after the UK financial watchdog found he had submitted false mortgage applications.
11th August 2008 16:35
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70% fewer mortgages available.
The range of mortgages available to borrowers has shrunk by over seventy per cent during the last year, it has been revealed.
11th August 2008 16:33
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