The Association of Residential Letting Agents (ARLA) says that landlords need incentives to drive improvements in the private rented sector as thousands of tenants were living in homes that are…
The government should consider imposing caps on the amount mortgage companies can lend to homebuyers, the deputy governor of the Bank of England has suggested. Sir John Gieve, who is…
House prices have recorded their largest monthly fall since 1992, says Nationwide building society. Prices fell 2.5 per cent during May according to its latest monthly survey, bringing the year…
Chancellor Alistair Darling has unveiled plans to convert Northern Rock’s £25 billion Bank of England loan into bonds before selling them to investors. The bonds would be guaranteed by the…
Housing associations are to stop building mixed estates of privately owned and social rented homes because of the credit crunch, leading to fears of a return to ‘council ghettosâ says…
Commenting in the Evening Standard, Shelter chief executive Adam Sampson warns that homes in London costing less than £100,000 could soon be a thing of the past. An increasingly detached…
An increasing number of wealthier homeowners are seeking debt help as the rise in unemployment and falling property prices puts pressure on household budgets, the Consumer Credit Counselling Service said.…
On the tenth anniversary of Labour’s pledge to end child poverty, the Child Action Poverty Group (CPAG) has urged the government not to abandon the target in the face of…
Social landlords in the 20 areas with the longest social housing waiting lists have bought only 20 properties between them through the government’s £200 million rescue package. Just four local…
The Office of Fair Trading (OFT) launched a consultation today on draft guidance for businesses engaged in second charge lending. The draft guidance sets out the standard of behaviour the…