Latest News

Halifax index shows 3.8% year-on-year house price fall in May

House prices have fallen by almost 4% year-on-year during May – the fastest rate of decline since 1993, according to the latest house price index from Halifax.…

HBF calls for 0.5% interest rate cut

HBF has made an urgent case the Bank of England’s monetary policy committee, urging a 0.5% rate cut today to help ease “rapidly deteriorating conditions in the…

Bellway reservations down 31%

An interim management statement from Bellway has reported that deteriorating market conditions have driven down reservations by 31% across the country. It also…

VA£UE DRIVERS - A changing market

Your monthly tip on improving margins from RICHARD JONES OF EC HARRIS

The View From Here – Fionnuala Earley, Nationwide

Nationwide chief economist Fionnuala Earley expects the market to continue slowing as a result of more prudent lending policies among cash-strapped banks and b…

City focus - Bargain hunters

The latest trading updates from AIM-listed housebuilders provided further confirmation of the market’s decline since April. Steve Menary reports on analysts’ l…

Insider’s view - Crunch timev

John Stewart introduces this month’s mortgage and financial market special

Bargain hunters

A rash of trading updates from AIM-listed developers has provided further confirmation of a poor spring selling season, further pushing down share prices in th…

£110,000 raised at Brain Game charity quiz

Market crisis may be beyond the government