Rental figures soar as home owners decrease

::2010-02-24

Around 3.1 million people in England rented a property privately during 2008/09, up from 2.1 million in 2001, according to the English Housing Survey. The increase, which is likely to have been driven by house price rises pushing home ownership out of many people's reach, was accompanied by a fall in the number of people living in their own home.

Prices will keep rising

::2009-12-19

HOUSE prices will continue to rise for the foreseeable future according to independent research commissioned by Chesterton Humberts.?

No change for interest rates

::2009-12-19

Interest rates have been held at 0.5 per cent yet again, the Bank of England has announced. The monetary policy committee (MPC) also held its quantitative easing programme limit at £175 billion.

INDUSTRY HITS BACK OVER HIP COSTS

Estate Agency News::2009-09-17

The industry has hit back after a report by the consumer magazine Which? claimed that Home Information Packs can cost substantially more if bought through an estate agent

House prices continue to fall, down by 2.3 percent in February

::2009-03-29

According to Halifax, houses on average are the most affordable in six years as house prices have fallen by 2.3 per cent last month alone.

UK recession sends pound to new low

::2009-01-25

The downturn is already statistically more severe than the last recession, with Britain's economy shrinking last quarter at the fastest rate since 1980. The pound slid by more than three quarters of a cent against the dollar to $1.3668 – closing at the lowest level in 24 years.

British house prices slide further in November

::2008-11-27

House prices fell 0.4 percent in November, leaving the average price down 13.9percent from the same month last year, Nationwide's monthly housing survey found. House prices tumbled 1.3percent in October for a 14.6percent annual decline.

More house prices falls to come and big rise in unemployment

::2008-11-16

The big rise in unemployment and the Bank of England's admission that Britain is in recession are clear reminders that those hoping for a quick end to falling house prices are likely to be disappointed.

UK interest rates slashed to 3 percent

::2008-11-08

The Bank of England has made a shock 1.5% point cut in UK interest rates to 3 percent, the lowest level since 1955.

Recession fear as economy shrinks

ITN::2008-10-24

Recession appears inevitable after the UK economy shrank by 0.5% between July2008 and Sep2008. The downturn marks the first quarter of negative growth for sixteen years. If it continues for a 2nd quarter the country will be officially in recession.

Record fall for house prices

ITN::2008-10-09

House prices fell at a record rate during the year to the end of September 2008, losing 13.2 per cent of their value, Halifax has said.