Saturday, April 30, 2005
FT.com / Your money - Sellers beware: the gazunderers are back in town
Legitimate opportunism or bordering on the criminal? However you judge it, gazundering seems to be making a comeback.
Friday, April 29, 2005
BBC NEWS | Business | Home loan approvals show increase
The number of UK mortgage approvals increased during March to their highest level in seven months, according to Bank of England (BoE) lending figures.
Times Online: Hope for homeowners despite mixed signals on house prices
Hopes that the worst of the housing downturn may be over were boosted yesterday after a key gauge of conditions showed that house prices bounced back in April.
Please accept our apologies for the downtime experienced over the last few days. This is not the service that we expect from our new hosting company and we are in discussions with them regarding the cause and a permanent resolution.
BBC NEWS | Business | Higher oil prices hit US growth
The US economy expanded at its slowest pace in two years in the first three months of 2005, official figures show.
Thursday, April 28, 2005
Times Online: Loan approvals lift housing market - Buying & Selling
Signs of a spring improvement in the housing market appeared in mortgage lending figures yesterday, although the market remains substantially more subdued than a year ago.
IFAonline: Charcol denies product indicates fears over house prices
Charcol has denied the launch of its negative equity mortgage product next month suggests the housing market is in danger of crashing.
BBC NEWS | Business | Gold rush set to continue in 2005
Gold prices could hit 20-year highs of close to $500 a troy ounce this year as its image as a safe investment haven returns, a report has said.
BBC News: Blair signals no to joining euro
Tony Blair has suggested he would not try to take Britain into the euro during the next Parliament if Labour win the general election.
ThisIsMoney: House prices on the up
Britain's biggest building society today added to evidence that the housing market has bottomed out, unveiling a rise in property prices this month.
Radio Australia: No rise in New Zealand interest rates
New Zealand's central bank has left its key interest rate on hold, giving a boost to the local currency.
BBC NEWS | Business | House prices 'rebound in April'
UK house prices rose 0.9% during April, reversing a 0.6% fall in March, the Nationwide building society has said.
Britain, UK news from The Times and The Sunday Times - Times Online
MORTGAGE lenders sounded a warning yesterday that house repossessions are set to leap by more than a third this year as homeowners struggle to cope with higher interest rates
Countrywide warns of first-quarter losses - The Herald
COUNTRYWIDE, Britain's biggest estate agent, rattled City investors yesterday with an announcement that it expected to report a first-quarter loss after a pick-up in house prices at Easter failed to materialise.
Scotsman.com Property - Property News - Mortgage repossessions jump 25%
MORTGAGE repossession orders have surged to levels not seen since the Conservatives lost power - suggesting the succession of interest rate rises is finally taking its toll on Britain’s homeowners.
BBC NEWS | Business | B&Q owner warns of falling profit
: Kingfisher, the owner of the B&Q home improvement chain, has said it expects first-quarter retail profits to fall by 15%, citing poor UK and French sales.
Guardian Unlimited | The Guardian | Things can only get better - again
: Home repossessions rising rapidly, profits in decline at B&Q owner's Kingfisher and a warning from Countrywide estate agents that they would make a loss in the first quarter. Anyone would think there's a recession on.
Wednesday, April 27, 2005
ThisisLondon: Countrywide sends profits warning
Britain's biggest estate agent sent the property market reeling today as it issued a shock profits warning after the expected pick-up in house sales at Easter failed to materialise and amid a lack of activity ahead of the General Election.
ThisisLondon: Double house price threat
The fragile housing market was hit by two damaging blows today. Official figures show a huge jump in the number of homeowners facing repossession.
BBC NEWS | Business | German growth outlook 'not good'
Germany's six top economic institutes have cut their economic growth forecasts for this year in half.
FT.com: Property could fall like a house of cards
British and American policymakers appear to regard the recent period of house price inflation in their countries with equanimity.
This is north scotland: HOUSING MARKET 'REMAINS DIFFICULT'
Housebuilding, property development, and construction group Taylor Woodrow said yesterday the UK housing market had improved from the end of last year, but remained more difficult than in early 2004, when conditions were buoyant.
In2Perspective: Preventing 'The Great Flood' of London - in2perspective
The Environment Agency is studying flood prevention options for the Lower Thames area, a region that contains the biggest single group of residents in England and Wales at risk of flooding.
The Motley Fool UK: Location, Location, Location
The Americans have a saying: it's always better to buy the worst house on the best block than the best house on the worst block. This is because the least valuable home benefits from being next to the more expensive homes, and the most valuable home is harmed by the lower valued homes.
Telegraph: Housebuilders wait to smell roses
Housebuilders had more bad news for homeowners yesterday as both Taylor Woodrow and Westbury said the market remained difficult.
Tuesday, April 26, 2005
ThisIsMoney: Last-minute rush boosts Isas
The plight of the investment industry was highlighted today when official figures revealed demand for Isa funds had more than halved. Net sales of Isas - which takes into account investments that are cashed - wrapped around unit trusts and Open Ended Investment Companies (Oeics) was £1.7bn for the tax year to 5 April, down from £3.6bn for the previous year.
In2Perspective: Estate agents' election agenda - in2perspective
Stamp duty, first time buyers and licensing of estate agents are the top three issues for estate agents at the forthcoming election, according to research by the National Association of Estate Agents (NAEA).
The Motley Fool UK: Why House Prices Are Sure To Fall
Because I'm a financial writer, I'm on a huge number of mailing lists, which means that I receive loads of press releases every day.
Find a Property: House Prices Down Again In April
House prices have fallen for the tenth consecutive month, according to Hometrack's survey for April...
This is York: York's property market shows signs of slowing down
Price tags on some York homes have been cut for the first time in a decade, according to market experts.
Monday, April 25, 2005
Guardian: I left Gordon Brown a strong economy. He squandered it
Growth under Labour may be OK, but the national debt has rocketed
Budapest Business Journal: 25 bp base rate cut
Hungarian National Bank’s (HNB) Monetary Council (MC) cut down the base rate by 25bp to 7.50pc, said HNB in a statement on its website.
BBC NEWS: Fuel protesters picket refinery
Fuel duty campaigners are demonstrating outside a Cheshire oil refinery in protest at high fuel costs.
Herald: Charcol first to dip toe in negative equity marketa
The mortgage industry is drawing up battle plans for coping with a setback in house prices with the launch of the first negative equity mortgage in the UK for more than a decade.
Reuters: April house prices fall for tenth consecutive month
House prices in England and Wales fell for a tenth consecutive month in April and were lower than a year ago on a glut of unsold properties, a survey showed on Monday.
ThisisLondon: Property glut keeps prices falling
House prices dropped for the tenth consecutive month in April thanks to a glut of properties up for sale. According to property analysts Hometrack, pre-General Election uncertainty has also put off some would-be buyers.
Guardian: House prices levelling and sales 'rapidly increasing'
House prices appear to be levelling out after almost a year of falls, and sales of homes are increasing rapidly, according to the property research group Hometrack.
BBC NEWS | Business | UK economy 'needs people to save'
UK consumers must rediscover their habit of saving to avoid putting undue strain on the economy, the influential Ernst & Young Item Club has said.
Sunday, April 24, 2005
Chartists foretell stock market slump - Newspaper Edition - Times Online
THE London stock market last week fell to its lowest point for nearly three months. Investors were rattled by signs that America, the world’s biggest economy, was slowing and company profits could disappoint. And fears were growing that sabre-rattling between China and Japan might grow ugly.
The Observer | Business | House sellers are urged to slash asking prices
Homeowners nostalgic for the heady days of the property boom are being urged to wake up to reality and cut asking prices to get the housing market on the move.
Saturday, April 23, 2005
Find a Property - Survey Number Three Says It's A Buyers' Market
Already this week we've had two reports indicating that buyers currently have the upper hand in the housing market; now County Homesearch's Spring survey has drawn the same conclusion...
FT.com / UK - Stalemate in house-selling game
In the run-up to Christmas, estate agentswere quickto deny talk of redundancies as the property surge started to lose momentum. It would be premature to read too much into the market until Easter, they suggested, when the optimism of spring was likely to return.
Times Online: No quibbling in the rate debate
Here are some election statistics over which no one could start an argument, not even the most disputatious politician.
Times Online: Painful truth about Chancellor's budget
Gordon Brown wants you to believe that you are better off since Labour came to power.
Friday, April 22, 2005
Guardian: Tory stamp duty cut 'a halfway house solution'
Tory proposals to increase the stamp duty threshold will encourage property sales, but further action must be taken to reform the tax, The National Association of Estate Agents (NAEA) said today.
BBC NEWS | Business | UK's economic growth in slowdown
The rate of UK economic growth slowed during the first three months of the year, official statistics show.
ThisIsMoney: Persimmon set to hit its targets
Housebuilder Persimmon expressed its confidence in the UK property market at its annual general meeting today but announced that founder and chairman Duncan Davidson would retire in April next year.
housefund.co.uk: Revaluation, Revaluation, Revaluation
The upcoming council tax revaluation in England will lead to large increases in council tax bills unless the tax bands are readjusted in line with house price inflation says the Royal Institute of Chartered Surveyors.
Times Online: Brown drags extra 500,000 earners into the tax net
Half a million more earners will be dragged into the income tax net this year after Gordon Brown’s March Budget again failed to raise tax allowances to keep pace with rising pay rates.
The Herald: Cat-and-mouse game goes on as retail sales fall
A surprise fall in UK retail sales turned the interest rate outlook on its head again yesterday, signalling that near seven-year-high inflation revealed on Tuesday will probably not, after all, cause a swift monetary tightening.
The Guardian: Weak sales leave no room for rate rise
MPC unlikely to squeeze homeowners further as consumer spending slows
Citywire: Tories pledge stamp duty cut to help first-time buyers
The latest bid to woo homebuyers comes from the Conservatives with Michael Howard committing the party to raising the starting threshold for stamp duty to £250,000 and postponing the council tax revaluation of properties.
Thursday, April 21, 2005
BBC NEWS | Business | Surprise dip in High Street sales
Retail sales fell in March, hit by a decline in demand for furniture and household goods, official figures show.
Guardian Unlimited: Inflation fears prompted Bank pair to push for April interest rate rise
Two members of the Bank of England's interest rate committee again voted for a rate rise this month but the others remained too concerned about a slowdown in consumer spending to sanction an increase.
Economist.com | House prices: Will the walls come falling down?
House prices have been growing at a breakneck pace in many developed countries. This has encouraged householders to keep spending even during the global slowdown. But now that housing markets are looking soft, consumers may be forced to retrench
ThisIsMoney: Fear mortgage rates will soar
Millions of homebuyers were warned to brace themselves for a leap in mortgage bills only days after the General Election.
Wednesday, April 20, 2005
ThisIsMoney: Last-time buyers sitting tight
Retirement home builder McCarthy & Stone has blamed fears of an interest rate hike for unsettling the property market.
BBC NEWS | Business | Bank voted 7-2 to freeze UK rates
The Bank of England's rate-setting committee voted 7-2 to leave rates on hold at 4.75% earlier this month, minutes of the meeting show.
BBC NEWS | Business | Mortgage lending holding steady
The UK mortgage market has "stabilised" in March after several months of falling consumer demand, UK banks and building societies have said.
Wanadoo Money: The latest house price news
The value of our homes is still falling as two new surveys suggest that the property market is stagnating.
icBirmingham: Home owners told - You're too greedy
"Greedy" West Midland property owners demanding record prices for their homes are finding themselves adrift in the gap between their expectations and what buyers are actually willing to pay, according to two new snapshots of the housing market.
Tuesday, April 19, 2005
Times: House prices fail spring
The spring recovery in the housing market has failed to materialise after a survey showed prices were slipping again.
ThisisLondon: Shock as inflation rises
Homeowners faced the prospect of a rise in interest rates today after the rate of inflation showed a surprise jump to 1.9%
BBC NEWS | Business | UK inflation rate jumps to 1.9%
The annual rate of UK inflation rose to a greater-than-expected 1.9% in March, its highest level for nearly seven years.
ThisIsMoney: House price falls accelerating
The fall in house price falls accelerated in the three months to March as fears of higher interest rates led to stagnant sales, according to the Royal Institution of Chartered Surveyors.
Reuters.co.uk: House price falls accelerate in March
: House price falls accelerated in the three months to March as fears of higher interest rates led to stagnant sales, the Royal Institution of Chartered Surveyors said on Tuesday.
House Price Falls Accelerating
Highly regarded Royal Institution of Chartered Surveyors says the outlook for prices is more gloomy as uncertainty over interest rates dominates...
Monday, April 18, 2005
BBC NEWS | Business | Shares fall sharply across Europe
Stocks across Europe slid sharply on Monday after a number of negative factors accentuated the after-effects of Wall Street's Friday falls.
BBC NEWS | Business | Oil falls back below $50 a barrel
US oil prices have slipped to below $50 a barrel, an eight-week low, on sharp words from global finance chiefs about the threat to growth.
housefund.co.uk: Effects of elections on house prices
As all political parties gear up for the General Election on May 5th, new research from Halifax Estate Agents highlights the rise and falls of house prices in successive Governments as well as looking at the regional winners and losers.
ThisisLondon: House prices face stagnation
Estate agents say the property market is facing stagnation because 'greedy' sellers are pushing asking prices to an all-time high.
ThisisLondon: Jitters hit property market
Uncertainty over the general election campaign has caused the sharpest downturn in London house prices for months.
BBC NEWS | Business | Littlewoods to slash 3,200 jobs
UK retail group Littlewoods is to cut up to 3,200 jobs under plans to close 126 of its Index catalogue-based shops.
Sunday, April 17, 2005
The Independent: Find a new deal or be pushed into a bad one
Hundreds of thousands of borrowers have a nasty surprise in store.
The Observer: Lets be 'aving you clued-up tenants
As a tenant you can often feel a bit of a nuisance. You are on the bottom of the estate agent's list of priorities - after all you're not big money to them - and while landlords need you, more often than not they do not want to deal with you.
ThisIsMoney: King of complaints
While tens of thousands of people who were mis-sold endowment mortgages suffer a long and frustrating wait for their complaints to be dealt with, a little-known firm called Huntswood is making an industry out of processing these claims.
Housing boom goes on
Figures due this week are expected to show little let-up in the housing boom.
Saturday, April 16, 2005
ThisisLondon: House prices get election jitters
Pre-election worries have triggered jitters in the housing market, sending prices throughout the country on the slide.
Find a Property: Prices Cool Ahead of Poll
House prices in the capital have dipped ahead of the election as buyers decide to sit tight, says leading estate agency haart...
Telegraph: Why town halls are getting quicker to reach for the big stick of bankruptcy
Good news rarely arrives in a brown envelope. Bearing that in mind, many of the recipients of council tax leaflets now dropping onto doormats may have opened them expecting the worst.
Yorkshire Post Today: Wilson worst for house prices
The second Labour Government led by Harold Wilson has earned the dubious honour of having the worst record on house prices in the last 35 years.
Friday, April 15, 2005
Connecting Industry: Rover suppliers begin job cuts
A supplier to MG Rover has announced it is to cut 280 jobs at two of its plants as “a direct consequence of the probable demise of MG Rover.”
NAMNEWS: Gadget shop set for redundancies as bidders walk away
More than 620 staff at the Gadget Shop were braced for redundancy after two bidders for the retailer walked away from a deal.
Independent: Will the Blair-Brown marriage collapse on 6 May?
For seven months, they seemed to regard each other as the neighbours from hell. Now, Tony Blair and Gordon Brown look like they have a political marriage made in heaven.
The Guardian: Call to peg rates as shoppers retrench
The British Chambers of Commerce (BCC) urged the Bank of England yesterday not to raise interest rates again as its latest survey showed company sales and confidence had dipped.
Thursday, April 14, 2005
BBC NEWS | Business | Business faces 'worrying' outlook
UK manufacturing and services industries have suffered a decline in sales and confidence, the British Chambers of Commerce (BCC) has said.
Chichester Today: High house prices could affect recruitment drives
High prices for starter homes and low average earnings could force an exodus of young people from the Chichester district, causing 'significant recruitment difficulties' for local businesses.
Matlock Today: Rising house prices create homelessness
The cost of local house prices has created more homelessness and increased the number of people waiting to be housed.
icHuddersfield: House prices rise by 23% in 12 months
Figures from mortgage lender Halifax show the average price of a property in the town now stands at £140,744.
BBC NEWS | Business | IMF warns of high oil price risk
Rising oil prices pose an increasing threat to global economic growth, the International Monetary Fund has warned.
Wednesday, April 13, 2005
Guardian: BBC unions: we'll shut down live TV
Trade unions at the BBC have warned they aim to "shut live programming down" in a move that could hit coverage of Wimbledon or the FA Cup final as the dispute over job cuts escalates.
ThisisLondon: Unemployment rises by 29,000
The Government has defended its record on jobs after suffering a pre-election setback with new figures showing a rise in unemployment and the number of people claiming jobseekers' allowance.
BBC NEWS | Business | UK jobless total on the up again
The number of jobless people in the UK has risen, according to the latest set of official figures.
BBC NEWS | Scotland | House price rise leads rest of UK
House prices in Scotland rose faster than anywhere else in the UK at the start of the year, according to the latest Bank of Scotland index.
The Independent: Suddenly, the one-bed is big
With rising prices, small flats now greatly appeal to first-time buyers, says Chris Partridge
BBC NEWS | Business | Fed worries grow on US inflation
Inflation is a growing concern in the US economy and interest rates may have to rise to nullify the threat, the Federal Reserve has indicated.
Tuesday, April 12, 2005
ThisIsMoney: UK house prices grow
Official figures today confirmed that the UK property market bounced back in February, with first-time buyers, in particular, facing rising costs.
ShareCast: House prices slip, inflation grows
House prices slipped in February, according to the government’s latest figures, though the inflation rate nudged higher.
This Is Local London: ‘New re-banding could increase council tax bills by 20 per cent’
Council tax bills could rise by as much as 20 per cent under Government plans to re-valuate the price of every home in Sutton, the borough’s MPs have warned.
Telegraph: House hunters get the election jitters
The general election is dampening confidence in the housing market, according to a new survey by propertyfinder.com.
How to get a loan to buy a second property — either here or abroad
Finding the right mortgage can prove to be anything but a holiday.
BBC NEWS | Business | Card switching costs £1bn a year
People who switch credit cards for interest-free deals are costing the industry £1 billion a year, researchers have concluded.
Monday, April 11, 2005
Guardian: Want to get rid of boom and bust? Tax land, not income
Boom and bust is the mother of negative equity, but in last month's budget speech, Gordon Brown made an astonishing claim: he had terminated the stop-go cycle that has afflicted Britain since 1701.
ThisisLondon: Extra £200 on the mortgage
have been warned to brace themselves for much bigger mortgage repayments when their fixedrate deals run out.
Sunday, April 10, 2005
Scotland on Sunday: Property hotspots starting to feel the cold
Scotland's property hotspots are rapidly cooling off with many areas which were enjoying bumper price rises a year ago now struggling to make a profit for their owners.
icCheshireOnline: Apartments 'behind house-price slump'
Vacant city-centre apartments are being partly blamed for Chester coming second to last in a UK property survey.
Independent: Moscow Stories: Buying a dream home? Watch out for the wrecking ball...
Though Moscow is not everybody's first choice as a place to own property, the idea began to percolate through my mind after a year of living here.
Find a Property: First-Time Buyers Still Pessimistic
First-Time Buyers remain despondent about their chances of getting on the property ladder this year...
The Observer: House boom winners face huge tax hike
The residents of a leafy street in south-west London are due for a rude awakening. The council tax bills posted through the doors of their gleaming glass apartments two years after the general election will have them sobbing into their caramel macchiatos.
Saturday, April 09, 2005
Bulle-immobiliere (FRA): Real bubble-Myths and beliefs of the real estate
An extensive report by Jean-Michel Poure who is a regular on the forum and runs the french equivalent website of housepricecrash.
Credit Action: Latest Debt statistics
Average household debt in the UK is approximately £7,563 (excluding mortgages) and £43,800 including mortgages. Average owed by every man, woman and child in the UK is approximately £18,017 (including mortgages).
FT.com: Homing instinct
Roz Shaw thinks that home purchasing divides people neatly into two camps: owners (”happy”) and would-be first-time buyers (”fed up”). She is the latter, still struggling to find a place after two years of renting and pavement-pounding in London.
Citywire: FTSE rallies on rate cut hopes
The FTSE 100 has had a good week and is on course to register its fifth successive gain today after some weak economic data raised hopes that the next move in interest rates could be downwards, which offset a new record in the oil price.
The Times (Malta): Interest rates raised in bid to curb credit growth
The Central Bank yesterday raised the central intervention rate by 25 basis points to 3.25 per cent.
ThisisLondon: Prime London home prices race up again
House prices in London's most sought-after areas posted the biggest rise for 10 months in March, in a sign that the top end of the property market has started the key spring period in buoyant mood.
This is southwales: Boom days gone bust
Your reporter Leon Watson (Post, April 2) accepts a Swansea estate agent's statement that "the days of boom and bust are gone". It seems Dawsons have not noticed we have just had a boom.......well done that man!
Telegraph: Spain’s irregular ways with property are under scrutiny
If you buy a house in Spain, you will almost certainly be asked to break the law as a routine part of the process.
The Independent: Offers over £150,000 (sea view included)
The Grade II-listed building has uninterrupted sea views from all five floors and offers its very own two-ton lens.
Friday, April 08, 2005
Reuters.co.uk: Post-election interest rate rise eyed
The Bank of England kept interest rates at 4.75 percent for the eighth month running on Thursday, but many economists expect another rise once the May 5 general election is out of the way.
Interactive Investor: Crest Nicholson says more normal housing mkt returned at start of 2005
Crest Nicholson PLC said the first three months of 2005 have seen the return of a more normal housing market following a slow start in November
Discounted mortgages could save thousands
Homeowners with standard variable rate mortgages could save at least 1,200 pounds in the first year by switching to a fixed or variable discounted mortgage, national estate agent Your Move says.
BBC NEWS | UK | UK petrol prices hit record high
Petrol prices at UK pumps have reached their highest-ever levels, according to petrol consultancy Catalyst.
The Motley Fool UK: Long-Term House Price Trends
Is housing a good investment? You can hardly pick up a paper these days without reading about the latest monthly house price survey from the Nationwide or the Halifax.
Times: City Diary
Sign of the times? The website www.housepricecrash, where you can check whether your home is about to become worthless, had to be taken down to upgrade its servers. The site can’t cope with the number of hits.
Thursday, April 07, 2005
Stock Market Crash!- The authority on the market crash phenomenon
Are we experiencing a housing bubble? That’s the million dollar question being asked by most homeowners today. Here is the evidence that we are in a massive housing bubble...
Economist.com: The economics of saving
IT may be a virtue, but in much of the rich world thrift has become unfashionable.
Guardian: Labour urged to rein in housebuilding plans
A government-backed plan to curb house price rises by building thousands of new homes could result in a glut of unnecessary housing, research by a left-leaning thinktank claims today.
BBC NEWS | Business | UK interest rates frozen at 4.75%
The Bank of England has left UK interest rates on hold at 4.75% for the eighth month running at the end of its latest rate-setting meeting.
Reuters.co.uk: Housing: boom or dead cat bounce?
The optimists maintain that the housing market is stabilising, but it could just be a "dead cat bounce", since homebuyer confidence appears to have fallen.
It's all fixed. Hopefully everything should be back to normal. If you notice anything that's not quite right then let us now. Once again thanks for bearing with us, thanks for all the support and emails and thanks to the COAB, Consa, the Frugal Forum for rallying around and giving us a temporary home over the last few days and for all those of you who have made donations for our coming Google Adwords campaign to target more visitors......now we're all hoping that things can get back to normal.....on with the discussions!!
If you can see this message then you are viewing the website in it's new location. Depending on your ISP you will either see the websites new location or the old location during the 72 hour period that it takes for all the Domain Name Servers to update throughout the world.
Not much longer now and we should be up and running again.
Wednesday, April 06, 2005
BBC - The 7 O'Clock News
HousePriceCrash.co.uk finally gets a mention on the BBC...
We've still got some problems with the forum. Just when we thought it was running again it goes down! We'll be switching over to a new hosting company within the next few days. We're going to keep the forum down for the time being until the current hosting company can confirm that it's stable and will not be up for 10 minutes before going down. I know this is frustruting but give it a few days and we'll be on a new reliable, stable and scaleable platform.
In the meantime it's back to our
Sky News: Consumer Confidence Takes A Tumble
Consumers' confidence in the state of the economy and their own personal finances has dipped dramatically, according to a survey.
BBC NEWS | Business | Lifeline pension fund launched
The government is launching the Pension Protection Fund (PPF), which aims to compensate workers who lose out when employers go bust.
BBC NEWS | Election 2005 | Election 2005 | Blair sets 5 May as election date
The general election will be held on 5 May, Tony Blair has formally announced.
New Website: First Time Buyer Help.co.uk
Dedicated to First Time Home Buyers of the United Kingdom.
BBC NEWS | Business | Australia maintains rates at 5.5%
Australia's central bank has decided to keep the country's benchmark interest rate on hold at 5.5%.
Tuesday, April 05, 2005
During the forum downtime everyone has been invited over to
Guardian: House prices fail to pick up, says Halifax
UK house prices have hardly changed over the past six months, according to the Halifax monthly report, published today.
BBC NEWS | Business | House prices stage rise in March
House prices rose by 0.5% in March, according to the Halifax, reversing the 0.5% fall seen in February.
ShareCast: Services surge presents interest rate poser
A surge in new business activity in the services sector in March has again raised questions over the future direction of interest rates.
Wanadoo: Movers & Shakers
Can you get 'house price crash' in the top ten?
Stuff (NZ): Aussie interest dilemma - prices or jobs
Australia's Reserve Bank board will today make its most contentious decision in almost a decade regardless of whether it decides to lift interest rates.
BBC NEWS | Business | Profit-takers knock oil off highs
Oil prices have closed lower on a bout of profit-taking, but remain strong as producer cartel Opec discusses the possibility of raising output.
Independent: Manufacturing fall prompts Tory attack
Manufacturers' profits plunged to their lowest level in two years during the fourth quarter of last year, official figures showed yesterday.
Scotsman.com : New-home building goes into reverse
CONSTRUCTION of new homes fell for the first time in six years in March, in another sign the country’s long-running housing boom has ended.
Monday, April 04, 2005
BBC NEWS: Head to head - To buy or not to buy?
Nearly three quarters of people believe buying a home today means getting crippled with debt, a Mori poll has suggested.
Telegraph: Consumer confidence in house prices is rising again
Homeowners have become more confident that house prices will rise, despite the Nationwide Building Society recording the biggest monthly drop in property prices for a decade.
Telegraph: Manhattan homes scraping $1.2m average price
London house prices may be falling but across the Atlantic the housing bubble shows no sign of abating.
Sunday Herald: Capital’s housing market ‘to suffer’
Scotland’s homeowners will face their first experience of negative equity in a house price crash due in 2008, according to an author who claims to have studied house price data for the past 300 years.
The Independent So would you fix a mortgage for a decade?
With the UK housing market in thrall to the interest-rate decisions of the Bank of England, there is something to be said for borrowers seeking peace of mind on their mortgage payments.
Sunday, April 03, 2005
The forum is now back up and running. Thanks for bearing with us during the downtime.
The Sunday Post: House prices crash looming
The economist who first predicted Britain’s 1992 recession warned yesterday that the next major economic crash is looming.
Friday, April 01, 2005
BBC NEWS | Business | Oil prices may see 'super spike'
Crude oil prices rose on Friday after a leading investment bank and energy markets trader said that prices could eventually top $100 a barrel.
The Labour Party: Interest rates halved with Labour - The Tories would put mortgages at risk
Gordon Brown MP, Labour's Chancellor of the Exchequer, unveiling Labour's latest poster said: "As a result of the economic stability created since 1997, interest rates have averaged 5.2 per cent - half the average level under the Conservatives from 1979 to 1997.
Guardian: Labour boost for first-time buyers
The chancellor, Gordon Brown, will today pledge to create a million more homeowners over the next five years if Labour wins a third term.
ThisIsMoney: Tax takes toll on take-home pay
Take-home pay fell last year for the first time since the recession of the early Nineties, according the Institute for Fiscal Studies. The think-tank blamed tax rises following Chancellor Gordon Brown's Budget of 2002.
BBC NEWS | England | Homes reassessed for council tax
The value of every home in England is being reassessed to calculate new council tax payments.
Telegraph | News | 'Worst fall since 1995' for house prices
House prices suffered their sharpest fall in nearly a decade last month.
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