
Lunchtime news Monday 21 January 2026
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…

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…

House prices dropped during November according to Land Registry figures, with the average value of a home in England and Wales down by 1.9 per cent, or £3,135, to £161,883.…

Mortgage lending has fallen sharply, with approvals for house purchases 60 per cent lower than a year ago. The number of approvals fell by 14 per cent in November to…

The head of Southern Housing Group – one of the UK’s largest housing associations – has warned that the shortage of lenders has made it hard for housing associations to…

Fire chiefs have warned that the growing number of immigrants living in dangerously overcrowded housing are at risk of a major fire disaster. Peter Holland, chief officer of Lancashire fire…

House prices have almost trebled during the Blair decade, according to the FT house price index. The paper also predicts another interest rate rise this year. The Independent reports that…

Prime mortgage borrowers, at least one month in arrears, have risen 50 per cent to 3.24 per cent of prime loans by the end of September compared with a year…

Mortgage lenders have warned however, that the plan to offer struggling homeowners a holiday for up to two years from paying their interest repayments is unworkable and will result in…