Latest Property News

• House asking prices fall in August
  

  Published 16th Aug 2010

  Asking prices for homes in England and Wales fell by 1.7 percent in August after an oversupply of property coincided with a seasonal dip in demand, property website Rightmove said on Monday

• UK comm. property values up 0.2 pct in July-IPD
  

  Published 16th Aug 2010

  British commercial property values rose 0.2 percent in July, from gains of 0.5 percent in June, showing the market's 12-month rebound has lost steam as concerns rise over the state of the broader economy

• Government announces further property cuts
  

  Published 13th Aug 2010

  The government has today announced a further £18m of property-related spending cuts, on top of £780m of savings already announced this year

• Sir Philip Green appointed government property adviser
  

  Published 13th Aug 2010

  Topshop founder Sir Philip Green is to lead an efficiency review of government spending, including an examination of leases and property

• Interest only mortgages for the chop
  

  Published 13th Aug 2010

  More than one million home owners on an interest-only deal face a sharp price rise when their current deal expires

• Reposession orders down 29 %
  

  Published 12th Aug 2010

  Courts in England and Wales made 29 percent fewer mortgage repossession orders between April and June this year than a year ago, the Ministry of Justice said on Thursday

• Lloyds faces losses from US luxury resort
  

  Published 12th Aug 2010

  Lloyds Banking Group is facing multi-million pound losses after a US luxury resort, filed for bankruptcy protection on Tuesday