Houses prices at lowest level in seven years - Hometrack
House prices fell for the eleventh month in a row as the housing slump continues to deepen, Hometrack reported.
Government to announce housing rescue package - FT
The government is set to announce a package of emergency measures to prop up the housing market tomorrow (September 2), according to reports.
Hanley Grange removed from ecotown shortlist - BBC
Hanley Grange has become the latest potential ecotown site to be removed from the shortlist, according to reports.
Nationwide reports double digit house price fall
House prices have fallen 10% over the last year, the first double-digit annual fall since 1990, Nationwide reported.
Taylor Wimpey sees 96% profit drop
Taylor Wimpey’s profits have plunged 96%, the housebuilder revealed in its half year trading statement to 30 June.
Bovis profits plummet 84%
Bovis Homes Group’s trading update for the six months ending 30 June, gives further evidence of the collapse in the housebuilding market, with the housebuilder…
Persimmon’s profits dramatically down
Persimmon’s half year results to June 30 have added to the gloom of the market, with pre-tax profits down 64% on the first half of last year and legal completi…
Land values falling sharper than housing market – Savills
Residential land values are falling at a steeper rate than the housing market, a Savills survey has revealed.
NHMB pushes for first time buyer scheme
The New Homes Marketing Board (NHMB) is urging government to set up a national home deposit savings scheme, allowing first time buyers to save for a deposit, l…
HBOS to slash staff and mortgage products
Following its failed £4 billion rights issue, the UK’s biggest mortgage lender, HBOS, plans to shed 425 jobs – 325 of which will be in the mortgage divisions –…
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