Saturday, April 30, 2005 / 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.

posted by Bullish Bear  @ 10:15 PM 0 comments

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.
posted by Webmaster  @ 2:18 PM 0 comments

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.
posted by Webmaster  @ 10:16 AM 0 comments

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.
posted by Webmaster  @ 9:48 AM 0 comments

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.
posted by Webmaster  @ 9:47 AM 0 comments

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.
posted by Webmaster  @ 3:46 PM 0 comments

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.
posted by Webmaster  @ 3:45 PM 0 comments

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.
posted by Webmaster  @ 3:42 PM 0 comments

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.
posted by Webmaster  @ 1:06 PM 0 comments

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.
posted by Webmaster  @ 11:27 AM 0 comments

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.

posted by Webmaster  @ 10:37 AM 0 comments

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.
posted by Webmaster  @ 9:11 AM 0 comments

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
posted by Bullish Bear  @ 8:09 AM 0 comments

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.
posted by Bullish Bear  @ 8:03 AM 0 comments 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.

posted by Bullish Bear  @ 7:55 AM 0 comments

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.
posted by Bullish Bear  @ 7:51 AM 0 comments

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.
posted by Bullish Bear  @ 7:49 AM 0 comments

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.
posted by Webmaster  @ 3:08 PM 0 comments

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.
posted by Webmaster  @ 3:05 PM 0 comments

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.
posted by Webmaster  @ 1:06 PM 0 comments 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.
posted by Webmaster  @ 10:57 AM 0 comments

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.
posted by Webmaster  @ 10:34 AM 0 comments

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.
posted by Webmaster  @ 10:33 AM 0 comments

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.

posted by Webmaster  @ 10:32 AM 0 comments

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.
posted by Webmaster  @ 7:42 AM 0 comments

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.
posted by Webmaster  @ 4:32 PM 0 comments

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).
posted by Webmaster  @ 4:15 PM 0 comments

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.
posted by Webmaster  @ 9:32 AM 0 comments

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...
posted by Webmaster  @ 9:30 AM 0 comments

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.
posted by Webmaster  @ 9:29 AM 0 comments

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
posted by Webmaster  @ 2:54 PM 0 comments

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.
posted by Webmaster  @ 2:53 PM 0 comments

BBC NEWS: Fuel protesters picket refinery Fuel duty campaigners are demonstrating outside a Cheshire oil refinery in protest at high fuel costs.
posted by Webmaster  @ 2:49 PM 0 comments

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.
posted by Webmaster  @ 12:17 PM 0 comments

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.
posted by Webmaster  @ 9:23 AM 0 comments

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.
posted by Webmaster  @ 9:22 AM 0 comments

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.
posted by Webmaster  @ 9:20 AM 0 comments

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.
posted by Webmaster  @ 9:18 AM 0 comments

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.
posted by Bullish Bear  @ 11:01 PM 0 comments

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.
posted by Bullish Bear  @ 11:21 AM 0 comments

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...
posted by Bullish Bear  @ 10:32 PM 0 comments / 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.
posted by Bullish Bear  @ 10:26 PM 0 comments

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.
posted by Webmaster  @ 11:40 AM 0 comments

Times Online: Painful truth about Chancellor's budget Gordon Brown wants you to believe that you are better off since Labour came to power.
posted by Webmaster  @ 9:21 AM 0 comments

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.
posted by Webmaster  @ 2:32 PM 0 comments

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.
posted by Webmaster  @ 10:45 AM 0 comments

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.
posted by Webmaster  @ 10:09 AM 0 comments 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.
posted by Webmaster  @ 10:08 AM 0 comments

Times Online: Brown drags extra 500,000 earners into the tax netHalf 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.
posted by Webmaster  @ 10:07 AM 0 comments

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.
posted by Webmaster  @ 10:06 AM 0 comments

The Guardian: Weak sales leave no room for rate rise MPC unlikely to squeeze homeowners further as consumer spending slows
posted by Webmaster  @ 10:05 AM 0 comments

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.
posted by Webmaster  @ 8:01 AM 0 comments

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.
posted by Webmaster  @ 11:27 AM 0 comments

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.
posted by Webmaster  @ 9:45 AM 0 comments | 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
posted by Webmaster  @ 8:01 AM 0 comments

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.
posted by Webmaster  @ 7:59 AM 0 comments

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.
posted by Webmaster  @ 1:36 PM 0 comments

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.
posted by Webmaster  @ 10:55 AM 0 comments

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.
posted by Webmaster  @ 10:06 AM 0 comments

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.
posted by Webmaster  @ 9:20 AM 0 comments

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.
posted by Webmaster  @ 8:03 AM 0 comments

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.
posted by Webmaster  @ 12:02 PM 0 comments

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%
posted by Webmaster  @ 10:58 AM 0 comments

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.
posted by Webmaster  @ 10:54 AM 0 comments

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.
posted by Webmaster  @ 8:04 AM 0 comments 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.
posted by Webmaster  @ 8:03 AM 0 comments

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...
posted by Bullish Bear  @ 7:32 AM 0 comments

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.
posted by Webmaster  @ 1:10 PM 0 comments

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.
posted by Webmaster  @ 9:53 AM 0 comments 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.

posted by Webmaster  @ 9:31 AM 0 comments

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.
posted by Webmaster  @ 9:29 AM 0 comments

ThisisLondon: Jitters hit property market Uncertainty over the general election campaign has caused the sharpest downturn in London house prices for months.
posted by Webmaster  @ 9:28 AM 0 comments

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.
posted by Webmaster  @ 8:00 AM 0 comments

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.
posted by Webmaster  @ 10:55 AM 0 comments

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.
posted by Webmaster  @ 10:54 AM 0 comments

ThisIsMoney: King of complaintsWhile 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.
posted by Webmaster  @ 10:53 AM 0 comments

Housing boom goes on
Figures due this week are expected to show little let-up in the housing boom.
posted by Webmaster  @ 10:53 AM 0 comments

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.
posted by Webmaster  @ 10:20 AM 0 comments

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...
posted by Webmaster  @ 10:19 AM 0 comments

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.
posted by Webmaster  @ 10:18 AM 0 comments

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.
posted by Webmaster  @ 10:17 AM 0 comments

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.”
posted by Webmaster  @ 10:59 AM 0 comments

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.
posted by Webmaster  @ 10:58 AM 0 comments

Citywire: The consumer spending slow down forced like-for-like sales at GUS' high street catalogue group Argos to slip 1% in the last three months of the year, the first quarterly decline for six years.
posted by Webmaster  @ 10:57 AM 0 comments

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.
posted by Webmaster  @ 10:56 AM 0 comments

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.
posted by Webmaster  @ 10:55 AM 0 comments

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.
posted by Webmaster  @ 7:05 PM 0 comments

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.
posted by Webmaster  @ 11:35 AM 0 comments

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.
posted by Webmaster  @ 11:34 AM 0 comments

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.
posted by Webmaster  @ 7:43 AM 0 comments

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.
posted by Webmaster  @ 7:42 AM 0 comments

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.
posted by Webmaster  @ 6:44 PM 0 comments

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.
posted by Webmaster  @ 6:42 PM 0 comments

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.
posted by Bullish Bear  @ 1:36 PM 0 comments

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.
posted by Webmaster  @ 7:48 AM 0 comments

The Independent: Suddenly, the one-bed is big With rising prices, small flats now greatly appeal to first-time buyers, says Chris Partridge
posted by Webmaster  @ 7:47 AM 0 comments

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.
posted by Webmaster  @ 7:45 AM 0 comments

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.
posted by Webmaster  @ 7:43 AM 0 comments

ShareCast: House prices slip, inflation grows House prices slipped in February, according to the government’s latest figures, though the inflation rate nudged higher.
posted by Webmaster  @ 7:42 AM 0 comments

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.
posted by Webmaster  @ 7:41 AM 0 comments

Telegraph: House hunters get the election jitters The general election is dampening confidence in the housing market, according to a new survey by
posted by Webmaster  @ 7:41 AM 0 comments

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.
posted by Webmaster  @ 7:40 AM 0 comments

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.
posted by Webmaster  @ 7:38 AM 0 comments

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.
posted by Webmaster  @ 7:44 AM 0 comments

ThisisLondon: Extra £200 on the mortgage have been warned to brace themselves for much bigger mortgage repayments when their fixedrate deals run out.
posted by Webmaster  @ 7:43 AM 0 comments

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.
posted by Webmaster  @ 9:24 PM 0 comments

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.
posted by Webmaster  @ 9:22 PM 0 comments

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.
posted by Webmaster  @ 9:21 PM 0 comments

Find a Property: First-Time Buyers Still Pessimistic First-Time Buyers remain despondent about their chances of getting on the property ladder this year...
posted by Webmaster  @ 9:19 PM 0 comments

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.
posted by Webmaster  @ 12:36 PM 0 comments

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.
posted by Webmaster  @ 11:08 AM 0 comments

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).
posted by Webmaster  @ 10:53 AM 0 comments 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.
posted by Webmaster  @ 10:50 AM 0 comments

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.
posted by Webmaster  @ 10:46 AM 0 comments

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.
posted by Webmaster  @ 10:45 AM 0 comments

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.
posted by Webmaster  @ 10:44 AM 0 comments

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!
posted by Webmaster  @ 10:42 AM 0 comments

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.
posted by Webmaster  @ 10:38 AM 0 comments

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.
posted by Webmaster  @ 10:37 AM 0 comments

Friday, April 08, 2005 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.
posted by Webmaster  @ 10:34 PM 0 comments

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
and December.
posted by Webmaster  @ 10:23 PM 0 comments
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.
posted by Webmaster  @ 10:22 PM 0 comments

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.
posted by Webmaster  @ 10:19 PM 0 comments

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.
posted by Webmaster  @ 2:19 PM 0 comments

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.
posted by Webmaster  @ 7:19 AM 0 comments

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...
posted by Webmaster  @ 11:54 PM 0 comments The economics of saving IT may be a virtue, but in much of the rich world thrift has become unfashionable.
posted by Webmaster  @ 11:37 PM 0 comments

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.
posted by Webmaster  @ 11:29 PM 0 comments

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.
posted by Webmaster  @ 11:04 PM 0 comments 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.
posted by Webmaster  @ 11:03 PM 0 comments

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 we're all hoping that things can get back to normal.....on with the discussions!!
posted by Webmaster  @ 6:29 PM 0 comments

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.
posted by Webmaster  @ 12:50 PM 0 comments

Wednesday, April 06, 2005 

BBC - The 7 O'Clock News Neighbourhood watch finally gets a mention on the BBC...
posted by Webmaster  @ 11:37 PM 0 comments

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 temporary home!
posted by Webmaster  @ 4:15 PM 0 comments

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.
posted by Webmaster  @ 11:45 AM 0 comments

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.
posted by Webmaster  @ 9:28 AM 0 comments

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.
posted by Webmaster  @ 7:57 AM 0 comments

New Website: First Time Buyer Dedicated to First Time Home Buyers of the United Kingdom.
posted by Webmaster  @ 7:54 AM 0 comments

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%.
posted by Webmaster  @ 7:48 AM 0 comments

Tuesday, April 05, 2005 

During the forum downtime everyone has been invited over to this forum
posted by Webmaster  @ 11:02 PM 0 comments NEW Book just released Boom Bust: House Prices, Banking and the Depression of 2010
posted by Webmaster  @ 5:48 PM 0 comments

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.
posted by Webmaster  @ 5:31 PM 0 comments

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.
posted by Webmaster  @ 3:44 PM 0 comments

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.
posted by Webmaster  @ 2:44 PM 0 comments

Wanadoo: Movers & Shakers Can you get 'house price crash' in the top ten?
posted by Webmaster  @ 9:26 AM 0 comments

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.
posted by Webmaster  @ 7:56 AM 0 comments

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.
posted by Webmaster  @ 7:54 AM 0 comments

Independent: Manufacturing fall prompts Tory attackManufacturers' profits plunged to their lowest level in two years during the fourth quarter of last year, official figures showed yesterday.
posted by Webmaster  @ 7:52 AM 0 comments : 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.
posted by Webmaster  @ 7:50 AM 0 comments

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.
posted by Webmaster  @ 4:54 PM 0 comments

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.
posted by Webmaster  @ 4:52 PM 0 comments

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.
posted by Webmaster  @ 9:39 AM 0 comments

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.
posted by Webmaster  @ 9:19 AM 0 comments

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.
posted by Webmaster  @ 9:17 AM 0 comments

Sunday, April 03, 2005 

The forum is now back up and running. Thanks for bearing with us during the downtime.
posted by Webmaster  @ 9:00 PM 0 comments

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.
posted by Webmaster  @ 4:15 PM 0 comments

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.
posted by Webmaster  @ 11:42 AM 0 comments

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.
posted by Webmaster  @ 11:41 AM 0 comments

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.
posted by Webmaster  @ 9:46 AM 0 comments

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.
posted by Webmaster  @ 9:45 AM 0 comments

BBC NEWS | England | Homes reassessed for council tax The value of every home in England is being reassessed to calculate new council tax payments.
posted by Webmaster  @ 9:20 AM 0 comments

Telegraph | News | 'Worst fall since 1995' for house prices House prices suffered their sharpest fall in nearly a decade last month.
posted by Webmaster  @ 8:17 AM 0 comments

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