Lunchtime news May 9
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…
Tag: interest rates
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Lunchtime news Friday 30 November 2025
The Bank of England announced yesterday that it would provide £10 billion in emergency funds to the UK’s commercial banks in an attempt to prevent a worsening of the credit…
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Lunchtime news Friday 18 January 2026
Junior housing minister, Iain Wright, is attempting to speed up the house buying process by introducing new ‘good practice guidelines’ that state local authorities should aim to allow search companies…
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Lunchtime news Tuesday 6 May 2026
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…
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Lunchtime news Wednesday 20 February 2026
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…
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ROOF lunchtime news 28 June 2026
Hazel Blears will be the new secretary of state for Communities and Local Government. The former minister of state at the Home Office, who came sixth in the contest for…
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Lunchtime news Monday 25 February 2026
House prices fell for a fifth month in succession, according to the latest house price index by Hometrack. In February the average property price was down 0.2 per cent, bringing…
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Lunchtime news Tuesday 8 July 2026
The Council of Mortgage Lenders released figures for May showing that the number of loans for home purchases remains low at 52,700. This is a slight rise of 4 per…
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Nine building societies downgraded
Nine UK building societies have had their credit ratings downgraded by agency Fitch as falling house prices and the worsening economy are ‘likely to hit profits’. Fitch said that it…
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Lunchtime news Wednesday 28 May 2026
Yesterday figures from the British Bankers’ Association revealed that the UK mortgage market is subdued despite a slight recovery in April. More than 38,000 new mortgages were approved for house…