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One million homeowners face a 60 per cent jump in mortgage rates – 20/11/2007-More than a million homeowners face a jump in mortgage payments of up to 60 per cent when their cheap fixed-rate deals end.

Analysts fear the impact will result in a surge in repossessions.

The …

House prices ‘face 2008 slowdown’ – 19/11/2007-House price growth is set to stall next year as the market witnesses a “significant slowdown”, building society Nationwide has warned.

It predicts that annual house price inflation in the UK will s…

Commuter towns benefit from London property prices – 15/11/2007-The lack of affordable housing in London is forcing prospective buyers towards commuter towns around the fringes of the city.

That is according to the National Housing Federation (NHF), which argue…

North-east London property guide – 14/11/2007-Sandwiched between the mammoth 2012 London Olympics development and the well-to-do Essex commuter belt, the London boroughs of Redbridge and Waltham Forest have lots of properties to offer buyers.

Flotation costs knock Blackstone – 13/11/2007-Private equity firm Blackstone has reported a third-quarter loss, hit by flotation costs and lower income from property following sub-prime problems.

Blackstone reported a loss of $113.2m (54.8m) …

FT: House prices up 0.7% amid wider fall – 12/11/2007-House prices rose by 0.7 per cent in October, according to the latest FT House Price index released today.

This is up from a 0.3 per cent rise in September.

However, annual house price increases…

Bank of England holds rates at 5.75% – 09/11/2007-The Bank of England’s monetary policy committee (MPC) voted today to maintain the base rate of interest at 5.75 per cent.

This is the fourth consecutive hold from the MPC, with the last change a 0….

Cost is major factor preventing eco-improvement – 08/11/2007-The cost of environmental improvements to property is proving a major deterrent to UK homeowners looking to upgrade their homes.

While many Brits support the government’s eco-initiative for zero-ca…

Ripley’s Trocadero move – 07/11/2007-Asif Azizs Criterion Capital has moved Ripleys Entertainments into 25,000 sq ft in the Trocadero Retail and Leisure complex.
Ripleys, whos Believe it or Not museums have been running for 85 year…
Local Housing Companies unveiled by CLG – 06/11/2007-The government has announced new proposals aimed at allowing thousands of first-time buyers and key workers to take their first steps on the housing ladder.

New Local Housing Companies (LHCs) were …

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