Mortgage lending in May down 44% year-on-year
Latest figures from the Council of Mortgage Lenders (CML) shows that the total value of mortgage funding issued for house purchases in May, £7.6 billion, was d…
Persimmon to shed 1,100 staff as sales fall by 34%
Persimmon\'s trading update for the first six months of the year illustrates the continuing impact of the so-called mortgage famine, as sales are down by 31% a…
Mortgage rates continue to rise – Moneyfacts
Latest research from moneyfacts.co.uk shows that mortgage rates for fixed rate deals are continuing to climb, with two or three year rates now standing at more…
Persimmon expected to announce mass redundancies
Volume housebuilder Persimmon has made around 1,000 of its staff redundant following a two-month consultation with its employees, according to reports.
Government announces HCA delivery protocol
A protocol has been agreed that sets out the way local authorities will work with the soon-to-be-established Homes and Communities Agency to deliver new housin…
Housing pack \"not enough\" HBF warns government
The government\'s housing package aimed at stimulating the market is nowhere near enough to make a real impact, the HBF has warned government.
Mortgage famine to worsen, lenders tell Bank
A Bank of England survey of lenders has revealed a widespread view that the so-called mortgage famine is set to worsen over the next three months.
Barratt to shed 1,000 jobs as part of \"reshaping\" exercise
Barratt has announced plans to shed 1,000 jobs as part of a business \"reshaping\" exercise, as it enters its new financial year this month.
Flint announces measures to aid affordable housing delivery
Housing minister Caroline Flint has announced a range of measures to maintain the delivery of affordable housing in the face of the credit crunch.
Nationwide sees house price falls slowing
The rate of house price falls slowed in June, but prices are still 6.3% lower than this time last year, according to Nationwide’s monthly house price index.
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