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Government expects house prices to fall between 5-10% this year
It has become known that the government is expecting house prices in the UK to fall by 5-10 percent this year, after the housing minister Caroline Flint took some papers to a cabinet meeting this week, which clearly indicated this prediction. The secret briefing notes were accidentally revealed by the housing minister, and the notes [...]
Continue reading...Second homeowners may need to rent out their properties
6. August 2008
According to a recent report many people that have second homes in the country may have to choose between either living in the property or renting it out to tenants all year. The report claims that buyers looking to get a weekend or holiday home in the country may have to get planning permission, and [...]
Continue reading...Report shows that house prices continue to plummet
5. June 2008
According to recently released figures from the Nationwide Building Society house prices in the UK are continuing to plummet, and the building society has now recorded its worst monthly fall since it began taking records seventeen years ago in 1991. The resulted indicate that the housing market is heading for the worst crisis since the [...]
Continue reading...New mortgage code now in place
9. May 2008
A new Banking Code has now come into play that will result in banks having to take more actions to help those that are struggling with their debts and finances, as well as requiring banks to take other types of action to help customers. The new Banking Code applies to building societies as well as banks, [...]
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8. August 2008
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