TALK about shake, rattle and roll. We’ve had the mortgage shock, the credit crunch, floods of biblical proportions, tornadoes, and now to cap it all an earthquake.
Continue Reading… Posted by Abbey on Mar 27, 2008
The Times has reported that a leading analyst has told clients that it is “payback time” for a market which he accuses of over speculating for years.
Continue Reading… Posted by Abbey on Mar 27, 2008
Recent weeks have seen some significant changes in the mortgage market, from the end of so-called 125% mortgages to stricter demands for deposits.
Continue Reading… Posted by Abbey on Mar 27, 2008
According to officials from the Bank of England mortgage figures are still low, despite the fact that the January figures were up slightly compared to December.
Continue Reading… Posted by Abbey on Mar 27, 2008
New figures published by the FSA have shown one in five mortgage holders are concerned about meeting their repayments in the next 12 months.
Continue Reading… Posted by Abbey on Mar 27, 2008
The worsening economic gloom has put two thirds of first time homebuyers off going through with a purchase, according to new figures published today.
Continue Reading… Posted by Abbey on Mar 27, 2008
Ever since the global credit squeeze started last summer, investors and economists have been predicting Britain will be next to suffer a US-style housing slump.
Continue Reading… Posted by Abbey on Mar 27, 2008
An affordability crisis has left home ownership at the lowest level for a decade, but with property gloom in the headlines would you be better off renting a home?
Continue Reading… Posted by Abbey on Mar 27, 2008
All 49 flats in this block in Manchester are owned by amateur investors – 37 of them thanks to one property club. Now it is feared that their value has slumped by HALF – or worse – in four years.
Continue Reading… Posted by Abbey on Mar 27, 2008
The number of first-time buyers forced to find 25% deposits has soared to a 30-year high because of the global credit crunch. Lenders are tightening the terms on which they will lend to ‘risky’ borrowers as a direct result of the turmoil in the money markets.
Continue Reading… Posted by Abbey on Mar 27, 2008
High house prices, increasing mortgage costs and predictions of a property slump have all been expected to take their toll, but buy-to-let mortgages soared by 23% in 2007.
Continue Reading… Posted by Administrator on Mar 27, 2008
Some things have changed little in the past 19 years, with Kylie and Madonna both still topping the charts, as they did back in 1989. Now homeowners are growing increasingly concerned that a much more frightening similarity may emerge between 1989 and 2008 – a house price crash.
Continue Reading… Posted by Administrator on Mar 06, 2008
British surveyors are recording falling housing prices by the worst margin since the market crashed in 1990, the Royal Institute of Chartered Surveyors said on Tuesday. During the past three months, only four percent of surveyors reported prices rising, while 57 percent said they were falling, a net balance of minus 53 percent.
Continue Reading… Posted by Administrator on Mar 06, 2008
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