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Friday, 25th July 2008

Mortgage and property news

One bedroom, no kitchen, no bathroom … but it can all be yours for an offer over £105,000 AS HOUSE schedules go, it sounds like an estate agent's nightmare: no bathroom, no shower, no central heating, and the kitchen consists of a sink and nothing else.

Drive to boost property market A NEW drive to get young Scottish homebuyers on the housing ladder by freeing up cash in their parents' and grandparents' homes will be launched in the retail market today.

Credit crunch leaves glut of unsold homes THE number of unsold properties on the Scottish housing market has reached unprecedented levels because of the current mortgage squeeze.

'Desperate' builders turn to renting as house prices fall 'To let' signs replace 'for sale' boards as the housing market switches focus after the credit crunch

Frantic sellers switch agents to seal deals

House transactions slump to record low

Ministers look at stamp duty cuts to help buyers

House sales slump but prices 'will stay steady'

Property market: 'The statistics reflect a lack of confidence'

Estate agent Strutts its stuff with £14m

Queen not immune from city's falling property prices

Double blow for first-time buyers with low incomes

Mortgage numbers rise 4% in May but long-term slump sees 44% fall from 2007

Murray nephew buys company

Trams are already on track to change the face of the Capital

Architect to offer homes for £40,000

Teresa Hunter - My own painful experience of today's house-buying hell

Grab yourself a little piece of the auction

Dive in mortgage approvals points to lower house prices

Fundraising failure rocks Taylor Wimpey foundations

It's a buyer's market as credit crunch hits home

Decline in UK construction activity 'fastest for 11 years'

Blue skies over Terrace Hill

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