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  • House Price Crash news blog
    it is now a buyers market posted by Bullish Bear 8 51 AM 0 comments BBC NEWS Business Struggling Ford cuts 1 700 jobs Giant US carmaker Ford has issued its second profit warning of the year and announced 1 700 job cuts among white collar staff in North America posted by Webmaster 7 58 AM 0 comments Tuesday June 21 2005 The Motley Fool UK More Bank Charges Get A Better Account Last Saturday s Moneybox programme on BBC Radio 4 featured two of my pet hates banking charges and mobile phones posted by Webmaster 7 00 PM 0 comments Property slide may hit spending A slowdown in house sales could trigger a drop in High Street spending a Bank of England report has warned posted by Webmaster 10 36 AM 0 comments Telegraph Brown borrows record 9bn a month to fund spending Government borrowing reached a record high last month as tax revenues came in far below Gordon Brown s forecasts it was announced yesterday posted by Webmaster 9 17 AM 0 comments Sky News Mortgage Bills Growing For Homeowners Homeowners are spending nearly a fifth of their income each month on mortgage repayments figures show posted by Webmaster 9 15 AM 0 comments This is Money Buying cheaper than renting Despite soaring house prices it is still 37 000 cheaper to buy a property over 25 years than it is to rent one posted by Webmaster 9 13 AM 0 comments BBC News Oil prices take breather near 60 Crude oil prices eased on Tuesday but prices remained close to the 60 a barrel mark amid ongoing supply concerns posted by Webmaster 9 03 AM 0 comments Monday June 20 2005 This is Money Owners face second home ban Middle class families dreaming of a bolthole in the country may face a ban on buying second homes posted by Webmaster 6 16 PM 0 comments Times Wages grow faster than house prices House prices are rising more slowly than people s wages according to a survey of asking prices posted by Webmaster 3 02 PM 0 comments BBC News Government borrowing hits record Government borrowing reached a record monthly high in May according to the latest set of official figures posted by Webmaster 1 09 PM 0 comments Guardian Bankruptcies to rise with retail and leisure hit hardest Slower economic growth and higher interest rates have pushed up the number of business failures and will continue to do so throughout 2006 a leading business consultancy says today posted by Webmaster 12 53 PM 0 comments BBC News Oil price rises to two month high The price of US crude oil has hit a two month high fuelled by a strong growth in demand for petrol as the key US summer driving season arrives posted by Webmaster 9 49 AM 0 comments Rightmove House Price Index June2005 PDF Prices plateau as sellers face a 7 year wait for forst time buyers to catch up posted by Webmaster 8 02 AM 0 comments BBC NEWS Business Property slump may hit spending A slowdown in house sales could trigger a drop in High Street spending a Bank of England report has warned posted by Bullish Bear 7 35 AM 0 comments Telegraph High prices could leave housing market in the doldrums for seven years It will take seven years for the housing market to return to the level of activity of the past few years according to the largest property website posted by Bullish Bear 7 32 AM 0 comments Guardian Unlimited Money Property faces 7 year hitch Prices expected to grind to halt after survey reveals that house inflation has fallen below wage increases posted by Bullish Bear 7 30 AM 0 comments Sunday June 19 2005 BBC NEWS Programmes Moneybox First Direct to charge for texts Around 450 000 First Direct customers who receive free mobile text messages are being told they will often have to pay for them in future posted by Webmaster 2 42 PM 0 comments BBC NEWS Health Nurses quitting to afford homes Nurses are being forced to quit the profession because they cannot afford to buy homes the Royal College of Nursing has warned posted by Webmaster 1 12 PM 0 comments Times Online Double whammy threat to second home owners MINISTERS are preparing a double whammy on middle class homeowners by targeting Britons who have bought second homes in rural areas or inherited property from relatives posted by Bullish Bear 12 30 AM 0 comments Times Online Is the global housing bubble set to burst HAVING made a tidy packet from property in the UK Daniel Lee is broadening his horizons The 30 year old entrepreneur from Wilmslow Cheshire is buying a 180 000 flat in The Torch a new tower block being built in Dubai posted by Bullish Bear 12 29 AM 0 comments Friday June 17 2005 BBC NEWS DIY may boost council tax bills People who make substantial home improvements such as loft conversions may face higher council tax bills it has been confirmed posted by Bullish Bear 6 30 PM 0 comments This is Money New tax for home improvements MILLIONS of families face a new stealth tax on their home improvements the Treasury had to admit yesterday For the first time all home owners will be liable to pay extra council tax on any extensions and improvements they have made posted by Bullish Bear 6 26 PM 0 comments The Motley Fool UK Debt Is A Danger To Us All Just before the General Election in 1997 British borrowers owed a total of 497 billion made up of 417 billion of mortgages and 80 billion of unsecured debt such as loans credit cards and overdrafts posted by Bullish Bear 6 23 PM 0 comments Reuters co uk House price deflation could threaten spending Property price inflation may soon turn to deflation and provide a further blow to household spending further supporting the view the next interest rate move will be down posted by Bullish Bear 6 22 PM 0 comments This is Bristol TONY AND CHERIE S PROPERTY FALLS FLAT Tony and Cherie Blair could lose up to 60 000 on their two luxury flats in Bristol say city estate agents The Prime Minister and his wife bought the two apartments at the prestigious Panoramic complex in Park Row for 525 000 about two and a half years ago posted by Bullish Bear 12 39 PM 0 comments Thursday June 16 2005 BBC NEWS Oil price rises to two month high The price of US crude oil has hit a two month high fuelled by a strong growth in demand for petrol as the key US summer driving season arrives posted by Bullish Bear 10 17 PM 0 comments Telegraph Opec fails to keep lid on oil prices The price of crude oil rose sharply yesterday even though Opec the oil cartel promised to increase its production by half a million barrels a day posted by Bullish Bear 10 14 PM 0 comments Times Online House of Fraser adds to retail gloom House of Fraser the designer label retailer has warned that conditions on the high street remain challenging as it reported a 3 2 per cent fall in like like sales for the first 19 weeks of the year posted by Bullish Bear 10 11 PM 0 comments FT com High Street discounts fail to boost UK retail sales UK retail sales failed to significantly recover in May even though widespread discounts by clothing stores lured Britons into updating their summer wardrobes posted by Bullish Bear 10 09 PM 0 comments Economist com In come the waves NEVER before have real house prices risen so fast for so long in so many countries Property markets have been frothing from America Britain and Australia to France Spain and China Rising property prices helped to prop up the world economy after the stockmarket bubble burst in 2000 What if the housing boom now turns to bust posted by Bullish Bear 10 06 PM 0 comments Economist com After the fall PERHAPS the best evidence that America s house prices have reached dangerous levels is the fact that house buying mania has been plastered on the front of virtually every American newspaper and magazine over the past month posted by Bullish Bear 9 56 PM 0 comments ThisisLondon Mortgage that s eight times pay FIRST time buyers could end up with mortgages up to eight times their salaries by borrowing on their parents income posted by Bullish Bear 9 42 AM 0 comments Telegraph Demise of Rover inflates unemployment figures The collapse of Rover has hit official unemployment figures as 6 000 people in the West Midlands signed on to claim benefits last month As the news broke the Conservatives criticised the Government s support for manufacturing industry posted by Webmaster 9 12 AM 0 comments Guardian Unlimited Mortgage launches with property crash protection A new mortgage offering borrowers protection against negative equity has gone on the market today posted by Webmaster 8 45 AM 0 comments Wednesday June 15 2005 The Independent Things look brighter for first timers Hard pressed first time buyers have reason to thank Gordon Brown The Chancellor raised the threshold for stamp duty in his most recent Budget and has now gone on to announce a new Government backed shared ownership scheme to help newcomers to the housing market posted by Webmaster 9 38 AM 0 comments The Independent Kerala begins to feel the effects of the property boom Five years ago the Indian property market was one that went right under the overseas investors radar posted by Webmaster 9 37 AM 0 comments Bloomberg com U K Jobless Claims May Have Risen for 4th Month Survey Shows U K jobless claims probably rose for a fourth month in May the longest stretch of gains in 12 years as slowing consumer spending damps the economic outlook a survey of economists showed posted by Bullish Bear 7 20 AM 0 comments Tuesday June 14 2005 BBC NEWS Business Opec set to raise oil production Opec the organisation of oil exporting nations is expected to raise output when it meets in Vienna on Wednesday posted by Webmaster 4 06 PM 0 comments The Motley Fool When Debt Goes Crazy One thing that I worry about is the number of young people who are struggling with huge debts According to a recent report from accountants PricewaterhouseCoopers the number of young people going bankrupt doubled in the two years between 2001 02 and 2003 04 posted by Webmaster 2 52 PM 0 comments Times Inflation holds steady in May The annual rate of inflation held steady for the third month in a row in May at 1 9 per cent crucially just below Chancellor Gordon Brown s 2 0 per cent target despite higher food drink and cigarette prices kicking in after the Budget in March posted by Webmaster 11 29 AM 0 comments FT com Pessimism pervades UK housing market Estate agents and surveyors were more pessimistic in May about house prices than at any time since November 1992 the Royal Institution of Chartered Surveyors reports on Tuesday posted by Webmaster 10 23 AM 0 comments The Herald House prices in Scotland rise despite fall in the rest of UK Scottish house prices are still rising faster than anywhere else in the UK despite reports of property price falls reaching their highest level since the 1990s housing market crash posted by Webmaster 6 52 AM 0 comments Sky News Property Market Falling Chartered surveyors are reporting the highest levels of house price falls since the 1990s property crash a survey has shown posted by Webmaster 6 51 AM 0 comments Monday June 13 2005 Retail Bulletin London retail sales fall back Sales mixed across capital s retailers Like for like retail sales in Central London declined by 0 5 per cent year on year according to figures compiled by the London Retail Consortium posted by Webmaster 8 04 PM 0 comments Citywire Government data confirm sharp drop in house prices Falling house prices have slowed the annual rate of house price growth dramatically according to the latest figures from the Office of the Deputy Prime Minister posted by Webmaster 3 28 PM 0 comments Guardian Unlimited House price growth drops 50 House prices fell in April and annual price inflation dropped almost 50 from March according to official figures published today posted by Webmaster 1 59 PM 0 comments The Motley Fool UK British Savers Are Missing Out According to new research from Investec Private Bank over 6½ million savers are losing out on 2 9 billion in interest posted by Webmaster 12 41 PM 0 comments BBC NEWS Business Sharp fall in house price growth Annual house price inflation slowed sharply in April according to the latest figures from the Office of the Deputy Prime Minister ODPM posted by Webmaster 10 38 AM 0 comments Telegraph How low can you go You can beat the Bank Security peace of mind and interest that undercuts the Monetary Policy Commission s base rate sound ideal But do your sums says Alison Steed posted by Webmaster 8 55 AM 0 comments EDP24 Council aiming to build houses A district council is considering becoming a house builder in an effort to cut council tax posted by Webmaster 8 53 AM 0 comments Find a Property Buyers Should Aim For A Bargain As confidence creeps tentatively back into the housing market will there be a stand off between buyers and sellers posted by Webmaster 8 52 AM 0 comments WSWS Home foreclosures surge no housing boom for poor families in the US A little reported aspect of the housing boom in the US is the corresponding surge in home foreclosures posted by Webmaster 8 51 AM 0 comments Sunday June 12 2005 Citywire Buy to Let watchdog warns landlords of tenants rights Buy to let investors should check their tenancy agreements to make sure they do not contravene the unfair terms in consumer contracts legislation because the Office of Fair Trading is getting hot on checking up in this area posted by Webmaster 6 43 PM 0 comments PropertyFinder com Housing Market Breathes a Sigh of Relief PDF Buyers and sellers meet in the middle as fears on interest rates and politics subside posted by Webmaster 2 17 PM 0 comments Find a Property Lessons From Down Under A new report on the Australian housing market could contain valuable lessons for the UK market according to RICS posted by Webmaster 11 12 AM 0 comments Scotsman com Where now for US Don t ask Greenspan Whichever way you cut it Alan Greenspan chairman of the US Federal Reserve is going to struggle to knock the optimism if such it is out of the US bond market posted by Webmaster 11 10 AM 0 comments DeHavilland Homeowners expect property prices to rise Most homeowners expect their properties to rise in value over the next year according to new research posted by Webmaster 11 08 AM 0 comments Saturday June 11 2005 BBC NEWS Programmes Moneybox Credit card scrapped for 70 000 Internet bank Intelligent Finance is closing down its unique offset credit card posted by Webmaster 9 27 PM 0 comments Guardian Unlimited Sydney s experience may point the way to a soft landing Sydney Morning Herald reporter Cosima Marriner currently working at The Guardian reports how the city s boom has so far not turned to bust posted by Webmaster 9 25 PM 0 comments Property finance news Homeowners expect house prices to rise Most homeowners expect their properties to rise in value over the next year according to new research posted by Webmaster 9 24 PM 0 comments Friday June 10 2005 BBC US trade gap increases to 57bn The US trade deficit widened to 57bn 31bn in April marked by record rises in both imports and exports the US Commerce Department said posted by Webmaster 4 07 PM 0 comments Sky News People not saving Only half of Britons are on course for an adequate income during retirement a report has said posted by Webmaster 2 54 PM 0 comments Motley Fool Leaping Off The Housing Ladder I m a great believer in putting my money where my mouth is posted by Webmaster 2 26 PM 0 comments icCroydon We re using eBay so we can sell our home A couple are so desperate to avoid paying thousands of pounds to eager estate agents that they are selling their house on eBay posted by Webmaster 2 21 PM 0 comments Taxes and inflation set to rise Southern economies dominate growth despite falling house prices posted by Webmaster 2 19 PM 0 comments In2Perspective Spending will drop to 10 year low Consumers face the roughest ride in a decade as higher interest rates and a cooling housing market dent confidence and hit spending power warn Experian posted by Webmaster 2 17 PM 0 comments What Mortgage British homemovers spend over 10 billion a year Last year we spent over 10 6 billion on moving home and that s before we ve actually bought the house says the Woolwich posted by Webmaster 9 12 AM 0 comments Independent Don t talk us into recession CBI chief tells doom mongers Britain s biggest employers group yesterday accused some commentators of talking the economy down warning their fears could become a self fulfilling prophecy posted by Webmaster 9 10 AM 0 comments Thursday June 09 2005 BBC Bank maintains UK rates at 4 75 The Bank of England has kept UK interest rates on hold at 4 75 for the tenth month in a row posted by Webmaster 2 23 PM 0 comments BBC Bank set to keep UK rates on hold UK interest rates are expected to remain at 4 75 following the latest meeting of the Bank of England s rate

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  • House Price Crash news blog
    2 36 PM 0 comments Guardian Unlimited Money Special reports Lone voice calls for rate rise at Bank Further signs that interest rates may have peaked came yesterday with news of slower growth in average earnings and a rise in the claimant count posted by Webmaster 11 18 AM 0 comments BBC NEWS Business High Street sales beat forecasts UK high Street retail sales saw a surprise rise of 0 5 on the month in April though year on year growth slipped to its weakest in two years posted by Webmaster 10 34 AM 0 comments in2perspective London s first time buyers laying low The percentage of London s first time buyers has dropped to 18 the lowest since October 2004 report Spicerhaart posted by Webmaster 7 47 AM 0 comments Independent Rise in jobless figures could prompt Bank of England to cut interest rates Unemployment rose last month as businesses cut back on new staff and wage growth slowed according to the latest figures to paint a downbeat picture of the UK economy posted by Webmaster 7 46 AM 0 comments Wednesday May 18 2005 Guardian Unlimited Money Special reports Homeowners still fear price drops Homeowners are still nervous about the housing market according to figures from lender the Woolwich posted by Bullish Bear 5 44 PM 0 comments BBC NEWS Business Bank voted 8 1 to freeze UK rates The Bank of England s rate setting committee lost one of its interest rate hawks this month as it voted 8 1 to keep the cost of borrowing on hold posted by Webmaster 2 00 PM 0 comments Sky News One MPC Member Against Rate Hold Only one member of the Bank of England s Monetary Policy Committee voted against the decision to leave interest rates on hold earlier this month posted by Webmaster 10 52 AM 0 comments BBC NEWS Politics Brown urges worker wage restraint Chancellor Gordon Brown is calling for wage restraint from public service workers after warning of the risks from a European economic slowdown posted by Webmaster 10 50 AM 0 comments BBC NEWS Business UK unemployment declines in 2005 The number of jobless people in the UK has fallen according to the latest set of official figures posted by Webmaster 10 49 AM 0 comments Independent Are we heading for a fall Retail sales crashing Manufacturing output tumbling House prices stalling Debt levels rising posted by Bullish Bear 7 08 AM 0 comments Tuesday May 17 2005 BBC NEWS Business Gloom gathers over world economy Investors are growing gloomier about prospects for the world economy and are expecting weaker growth a survey of fund managers has indicated posted by Bullish Bear 6 31 PM 0 comments BBC NEWS Magazine The DIY estate agents Tesco is reported to be moving into property with plans to undercut estate agents by selling homes through the net for a flat fee of as little as 50 But how easy is it to sell your own home posted by Webmaster 3 51 PM 0 comments Times Online Inflation remains below 2 target Inflation was unchanged at 1 9 per cent in April remaining just under the Bank of England s 2 0 per cent target prompting analysts to assume that interest rates may be held steady at 4 75 per cent for another month yet posted by Webmaster 2 38 PM 0 comments in2perspective DIY adds 85 billion to housing market A nation of DIY enthusiasts have added more than 85 billion to the British housing market in the past year claims a new report from Direct Line Loans posted by Webmaster 11 47 AM 0 comments BBC NEWS Business Japanese growth confirms recovery Japan s economics minister has said his country is heading towards recovery after figures showing 1 3 growth in the first quarter of 2005 posted by Webmaster 11 17 AM 0 comments Independent Bank can t rule out shock rate move MPC member The Bank of England cannot rule out a surprise move in interest rates a member of its Monetary Policy Committee will say today posted by Webmaster 9 34 AM 0 comments ThisIsMoney Rate fears fuel house price drop The housing market is slowing and the outlook is gloomy according to new figures from the Royal Institution of Chartered Surveyors posted by Webmaster 9 19 AM 0 comments Latest Business News and Financial Information Reuters co uk House price falls accelerated further in the three months to April as the number of new sellers rose at the fastest rate in more than two years the Royal Institution of Chartered Surveyors said on Tuesday posted by Bullish Bear 7 26 AM 0 comments Monday May 16 2005 Blog archive You can now view our entire archive of house price crash related news articles by scrolling to the bottom of this blog page and selecting the monthly archive that you require from the dropdown box posted by Webmaster 10 05 PM 0 comments Scotsman com Russians are coming to push up home costs Wealthy Russian businessmen are targeting Edinburgh s property market looking to buy second homes for up to 3 million posted by Webmaster 9 57 PM 0 comments BBC NEWS Business Firms expect workforces to fall Nearly half of British employers expect to reduce the size of their workforce in the next year says a survey posted by Bullish Bear 5 57 PM 0 comments Independent Housing sector heading for worst year in a decade as deals dry up House price inflation has fallen to its lowest level since 1996 according to figures published today by Rightmove The property analyst will warn that 2005 is likely to be the worst year for the housing market in a decade with the number of transactions falling to a 10 year low posted by Bullish Bear 7 25 AM 0 comments Guardian Unlimited The Guardian Rightmove says house sales are at a 10 year low Property sales have fallen to their lowest for a decade and will continue to slide for the rest of the year according to property website Rightmove posted by Bullish Bear 7 23 AM 0 comments Reuters co uk Rise in house prices slows sharply in April May Asking prices on homes rose a modest 0 3 percent between mid April and mid May but the annual gain slumped sharply to 4 9 percent from 7 0 percent a property website said on Monday posted by Bullish Bear 7 20 AM 0 comments ThisIsMoney House sales take a dive THE number of house sales has fallen to its lowest for a decade Only 159 116 sales went through in the first three months of the year the worst performance since the 1990s property slump according to the property website Rightmove posted by Bullish Bear 7 18 AM 0 comments Sunday May 15 2005 The Independent Online Edition Money The late spring has traditionally been a busy season in the house moving calendar a time when sellers can name their price enjoy a flurry of activity and shift their property in a matter of days posted by Bullish Bear 9 27 AM 0 comments Saturday May 14 2005 The Independent Property investors warned of get rich quick schemes Consumers were yesterday warned not to be conned by property companies offering get rich quick schemes based on buy to let investments posted by Webmaster 4 07 PM 0 comments Friday May 13 2005 ThisIsMoney Buy to let clubs in crisis as prices fall Fears of a collapse in the price of new flats have created the risk of a dangerous wobble in the buy to let market The average price of a new flat has fallen 17 2 across the country in the past 12 months posted by Webmaster 10 44 AM 0 comments Telegraph Money Collapsing house price nightmare a real risk says bank Bank of America warned yesterday that Britain could face a nightmare scenario as collapsing house prices combined with the pain of tighter fiscal policy posted by Bullish Bear 7 40 AM 0 comments Thursday May 12 2005 Scotsman com News Scotland Capital s house prices fall HOUSE prices in Edinburgh fell in the first part of the year adding to fears of an economic slowdown and providing further evidence the capital s property bubble has burst posted by Bullish Bear 10 55 PM 0 comments Telegraph Money Housing worries inhibit borrowers Confidence in the housing market has slumped alarmingly according to a new report to be published tomorrow posted by Bullish Bear 10 54 PM 0 comments Guardian Unlimited The Guardian The UK s economy may be at braking point Manufacturing output is down consumer spending is down Was this the business pundits wondered this week the beginning of the end of Britain s economic success story posted by Bullish Bear 10 52 PM 0 comments Britain UK news from The Times and The Sunday Times Times Online THE Bank of England yesterday opened the door to a cut in interest rates to shore up the economy as its Governor admitted that the severity of the abrupt high street downturn had taken it by surprise posted by Bullish Bear 10 50 PM 0 comments News John Clare the chief executive of Dixons warned yesterday that he saw no respite for the retail sector which appears to be heading for a meltdown to rival the consumer slowdown of the early Nineties posted by Bullish Bear 10 49 PM 0 comments Credit Management Debt Collection Business Industry News Amid a deluge of bad news about the UK economy the Bank of England is publishing today its latest quarterly inflation figures For the first time since the 1970s there is the unhappy prospect of stagflation where prices rise at a time of low growth Back then the economy was bailed out by rising house prices but that seems an unlikely prospect this time round posted by Bullish Bear 6 23 PM 0 comments housefund co uk First Time Buyers Struggling Despite a slowdown in rising house prices first time buyers are still facing an uphill struggle to get onto the housing ladder posted by Webmaster 3 11 PM 0 comments Independent A job that s as safe as houses There s a lot more to finding people decent homes to lie in than being an estate agent Clare Dwyer Hogg investigates a sector that ranges from helping people who can t pay their rent to overseeing new builds posted by Webmaster 9 49 AM 0 comments Times Online Companies forced to close over 4m buy to let scam BUY TO LET property scams which tempt investors with promises of multimillion pound returns are under fire from the Government posted by Webmaster 9 48 AM 0 comments Worried about house prices The property market can go down as well as up posted by Bullish Bear 7 41 AM 0 comments Wednesday May 11 2005 BBC NEWS Business Crackdown on buy to let schemes Five companies offering get rich quick schemes to people wanting to get into the buy to let market have been shut down by the government posted by Bullish Bear 5 42 PM 0 comments FT com UK Onus on MPC to explain why rates have not gone up Even after its recent falls the pound is higher now than when the Bank of England s last inflation forecasts were published in February creating another reason for the Bank s monetary policy committee to hold its main interest rate down posted by Bullish Bear 5 40 PM 0 comments Credit Action Debt statistics May 2005 More than 3 million people are struggling with energy bills 4 7 million are in debt to their water company and more than a million have had their phone cut off posted by Webmaster 12 26 PM 0 comments BBC NEWS Business Dixons hit by consumer slowdown A slowdown in consumer spending has hit trading at the Dixons Group with UK sales falling over the past six months posted by Webmaster 11 58 AM 0 comments BBC NEWS Business Bank to shut down 100 UK branches National Australia Bank NAB is to cut 2 500 jobs in Australia and close 100 branches in the UK as it tries to recover from a trading scandal posted by Webmaster 11 58 AM 0 comments This is Jersey News from the Jersey Evening Post The average price of a one bedroomed flat fell by 31 000 during the past three months as many remained unsold around the Island posted by Webmaster 11 56 AM 0 comments Tuesday May 10 2005 BBC NEWS Business Sharp drop in level of home sales The number of properties sold in England and Wales has fallen by more than a third compared with 12 months ago Land Registry figures have shown posted by Bullish Bear 5 56 PM 0 comments ThisIsMoney Debt counselling Debt Advice Bad Credit CCJs Experian Equifax Credit Scoring Thirtysomethings hamstrung by debt NEARLY half of 26 to 40 year olds would not be able to financially survive for a month if they lost their jobs due to their high level of debt posted by Bullish Bear 5 55 PM 0 comments Guardian Unlimited The Guardian Abbey to cut 1 000 extra jobs The new owner of the Abbey bank today dealt a fresh blow to staff by warning that it planned to cut more jobs than originally forecast posted by Bullish Bear 5 53 PM 0 comments Guardian Unlimited Money Special reports Property sales down 35 The number of homes sold in England and Wales has fallen by more than a third during the past year according to official figures published today posted by Bullish Bear 5 52 PM 0 comments News British Gas warned yesterday that a further rise in domestic fuel bills was inevitable because of the surge in the wholesale price of gas posted by Bullish Bear 5 51 PM 0 comments FT com UK British retail sales fall sharply in April British retail sales fell at a record annual pace in April the British Retail Consortium said on Tuesday providing the latest evidence that a consumer slowdown which started late last year is persisting posted by Bullish Bear 5 50 PM 0 comments Monday May 09 2005 Sharp slip in housing market confidence Confidence in the housing market slipped sharply in April with 64 of house hunters saying they expected house prices to fall over the next 12 months compared to 48 in March posted by Bullish Bear 7 14 PM 0 comments ThisIsMoney Bad debts rocket for lower end lenders CITY fears are intensifying about a further surge in credit defaulters after a series of warning signs from companies exposed to Britain s bulging debt burden posted by Bullish Bear 7 13 PM 0 comments ThisIsMoney Financial News Business News FTSE latest Housing and Property Market Interest Rates Reports Fears of High Street recession FEARS for Britain s stumbling economy are set to increase this week Days after the General Election retailers are expected to reveal that sales slumped last month posted by Bullish Bear 7 11 PM 0 comments Guardian Unlimited The Guardian The economy is going backwards not forwards Things could get a lot worse if the housing market turns down again Although prices have largely been stable so far this year some economists think this is typical of the early phase of a housing market bust as buyers drop away but sellers refuse to cut their price to shift a property posted by Bullish Bear 7 10 PM 0 comments Guardian Unlimited Money News Homebuyers confidence dives Confidence in the property market has taken a nosedive with 64 of people expecting house prices to slip 7 7 in the next year according to research published today posted by Bullish Bear 7 09 PM 0 comments Guardian Unlimited The Guardian Manufacturing output plummets Manufacturing output fell at its sharpest rate for nearly three years in March official data showed today as the Bank of England met for its latest interest rate decision posted by Bullish Bear 7 08 PM 0 comments News Workers who demand a big pay increase are likely to find themselves swiftly outsourced offshored or replaced by migrant workers posted by Bullish Bear 7 07 PM 0 comments FT com UK Families set to cut spending and use spare cash to reduce borrowing Britons will spend a smaller share of their income on consumption over the next few years but the spare cash is more likely to show up in lower borrowing than in savings an economist predicts today posted by Bullish Bear 7 06 PM 0 comments FT com UK Bank of England keeps interest rates on hold The Bank of England on Monday left interest rates at 4 75 per cent for the ninth month in a row in response to mounting concerns that the UK economy has entered a soft patch posted by Bullish Bear 7 05 PM 0 comments MSN Money Lessons from Japan s bubble for ours A real estate bust could cause problems throughout our financial system Just ask Japan where the economy is still struggling to get over a 1990 crash posted by Bullish Bear 7 00 PM 0 comments Sunday May 08 2005 The Business Europe s Global Business News BRITAIN woke up to a new era at the end of last week though not quite the one that the politicians would have had us believe On Friday morning came news of a dramatic surge in personal insolvency with a growing number of people unable to pay their bills posted by Bullish Bear 4 30 PM 0 comments Telegraph Money High street sales show biggest drop in six years High street sales in April recorded their biggest fall for six years new figures will reveal tomorrow posted by Bullish Bear 4 29 PM 0 comments Telegraph Money It s bad and getting worse The longest and strongest consumer boom in recent

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  • House Price Crash news blog
    ThisIsMoney Persimmon set to hit its targets Housebuilder Persimmon expressed its confidence in the UK property market at its annual general meeting today but announced that founder and chairman Duncan Davidson would retire in April next year posted by Webmaster 10 09 AM 0 comments housefund co uk Revaluation Revaluation Revaluation The upcoming council tax revaluation in England will lead to large increases in council tax bills unless the tax bands are readjusted in line with house price inflation says the Royal Institute of Chartered Surveyors posted by Webmaster 10 08 AM 0 comments Times Online Brown drags extra 500 000 earners into the tax net Half a million more earners will be dragged into the income tax net this year after Gordon Brown s March Budget again failed to raise tax allowances to keep pace with rising pay rates posted by Webmaster 10 07 AM 0 comments The Herald Cat and mouse game goes on as retail sales fall A surprise fall in UK retail sales turned the interest rate outlook on its head again yesterday signalling that near seven year high inflation revealed on Tuesday will probably not after all cause a swift monetary tightening posted by Webmaster 10 06 AM 0 comments The Guardian Weak sales leave no room for rate rise MPC unlikely to squeeze homeowners further as consumer spending slows posted by Webmaster 10 05 AM 0 comments Citywire Tories pledge stamp duty cut to help first time buyers The latest bid to woo homebuyers comes from the Conservatives with Michael Howard committing the party to raising the starting threshold for stamp duty to 250 000 and postponing the council tax revaluation of properties posted by Webmaster 8 01 AM 0 comments Thursday April 21 2005 BBC NEWS Business Surprise dip in High Street sales Retail sales fell in March hit by a decline in demand for furniture and household goods official figures show posted by Webmaster 11 27 AM 0 comments Guardian Unlimited Inflation fears prompted Bank pair to push for April interest rate rise Two members of the Bank of England s interest rate committee again voted for a rate rise this month but the others remained too concerned about a slowdown in consumer spending to sanction an increase posted by Webmaster 9 45 AM 0 comments Economist com House prices Will the walls come falling down House prices have been growing at a breakneck pace in many developed countries This has encouraged householders to keep spending even during the global slowdown But now that housing markets are looking soft consumers may be forced to retrench posted by Webmaster 8 01 AM 0 comments ThisIsMoney Fear mortgage rates will soar Millions of homebuyers were warned to brace themselves for a leap in mortgage bills only days after the General Election posted by Webmaster 7 59 AM 0 comments Wednesday April 20 2005 ThisIsMoney Last time buyers sitting tight Retirement home builder McCarthy Stone has blamed fears of an interest rate hike for unsettling the property market posted by Webmaster 1 36 PM 0 comments BBC NEWS Business Bank voted 7 2 to freeze UK rates The Bank of England s rate setting committee voted 7 2 to leave rates on hold at 4 75 earlier this month minutes of the meeting show posted by Webmaster 10 55 AM 0 comments BBC NEWS Business Mortgage lending holding steady The UK mortgage market has stabilised in March after several months of falling consumer demand UK banks and building societies have said posted by Webmaster 10 06 AM 0 comments Wanadoo Money The latest house price news The value of our homes is still falling as two new surveys suggest that the property market is stagnating posted by Webmaster 9 20 AM 0 comments icBirmingham Home owners told You re too greedy Greedy West Midland property owners demanding record prices for their homes are finding themselves adrift in the gap between their expectations and what buyers are actually willing to pay according to two new snapshots of the housing market posted by Webmaster 8 03 AM 0 comments Tuesday April 19 2005 Times House prices fail spring The spring recovery in the housing market has failed to materialise after a survey showed prices were slipping again posted by Webmaster 12 02 PM 0 comments ThisisLondon Shock as inflation rises Homeowners faced the prospect of a rise in interest rates today after the rate of inflation showed a surprise jump to 1 9 posted by Webmaster 10 58 AM 0 comments BBC NEWS Business UK inflation rate jumps to 1 9 The annual rate of UK inflation rose to a greater than expected 1 9 in March its highest level for nearly seven years posted by Webmaster 10 54 AM 0 comments ThisIsMoney House price falls accelerating The fall in house price falls accelerated in the three months to March as fears of higher interest rates led to stagnant sales according to the Royal Institution of Chartered Surveyors posted by Webmaster 8 04 AM 0 comments Reuters co uk House price falls accelerate in March House price falls accelerated in the three months to March as fears of higher interest rates led to stagnant sales the Royal Institution of Chartered Surveyors said on Tuesday posted by Webmaster 8 03 AM 0 comments House Price Falls Accelerating Highly regarded Royal Institution of Chartered Surveyors says the outlook for prices is more gloomy as uncertainty over interest rates dominates posted by Bullish Bear 7 32 AM 0 comments Monday April 18 2005 BBC NEWS Business Shares fall sharply across Europe Stocks across Europe slid sharply on Monday after a number of negative factors accentuated the after effects of Wall Street s Friday falls posted by Webmaster 1 10 PM 0 comments BBC NEWS Business Oil falls back below 50 a barrel US oil prices have slipped to below 50 a barrel an eight week low on sharp words from global finance chiefs about the threat to growth posted by Webmaster 9 53 AM 0 comments housefund co uk Effects of elections on house prices As all political parties gear up for the General Election on May 5th new research from Halifax Estate Agents highlights the rise and falls of house prices in successive Governments as well as looking at the regional winners and losers posted by Webmaster 9 31 AM 0 comments ThisisLondon House prices face stagnation Estate agents say the property market is facing stagnation because greedy sellers are pushing asking prices to an all time high posted by Webmaster 9 29 AM 0 comments ThisisLondon Jitters hit property market Uncertainty over the general election campaign has caused the sharpest downturn in London house prices for months posted by Webmaster 9 28 AM 0 comments BBC NEWS Business Littlewoods to slash 3 200 jobs UK retail group Littlewoods is to cut up to 3 200 jobs under plans to close 126 of its Index catalogue based shops posted by Webmaster 8 00 AM 0 comments Sunday April 17 2005 The Independent Find a new deal or be pushed into a bad one Hundreds of thousands of borrowers have a nasty surprise in store posted by Webmaster 10 55 AM 0 comments The Observer Lets be aving you clued up tenants As a tenant you can often feel a bit of a nuisance You are on the bottom of the estate agent s list of priorities after all you re not big money to them and while landlords need you more often than not they do not want to deal with you posted by Webmaster 10 54 AM 0 comments ThisIsMoney King of complaints While tens of thousands of people who were mis sold endowment mortgages suffer a long and frustrating wait for their complaints to be dealt with a little known firm called Huntswood is making an industry out of processing these claims posted by Webmaster 10 53 AM 0 comments ThisisLondon Housing boom goes on Figures due this week are expected to show little let up in the housing boom posted by Webmaster 10 53 AM 0 comments Saturday April 16 2005 ThisisLondon House prices get election jitters Pre election worries have triggered jitters in the housing market sending prices throughout the country on the slide posted by Webmaster 10 20 AM 0 comments Find a Property Prices Cool Ahead of Poll House prices in the capital have dipped ahead of the election as buyers decide to sit tight says leading estate agency haart posted by Webmaster 10 19 AM 0 comments Telegraph Why town halls are getting quicker to reach for the big stick of bankruptcy Good news rarely arrives in a brown envelope Bearing that in mind many of the recipients of council tax leaflets now dropping onto doormats may have opened them expecting the worst posted by Webmaster 10 18 AM 0 comments Yorkshire Post Today Wilson worst for house prices The second Labour Government led by Harold Wilson has earned the dubious honour of having the worst record on house prices in the last 35 years posted by Webmaster 10 17 AM 0 comments Friday April 15 2005 Connecting Industry Rover suppliers begin job cuts A supplier to MG Rover has announced it is to cut 280 jobs at two of its plants as a direct consequence of the probable demise of MG Rover posted by Webmaster 10 59 AM 0 comments NAMNEWS Gadget shop set for redundancies as bidders walk away More than 620 staff at the Gadget Shop were braced for redundancy after two bidders for the retailer walked away from a deal posted by Webmaster 10 58 AM 0 comments Citywire The consumer spending slow down forced like for like sales at GUS high street catalogue group Argos to slip 1 in the last three months of the year the first quarterly decline for six years posted by Webmaster 10 57 AM 0 comments Independent Will the Blair Brown marriage collapse on 6 May For seven months they seemed to regard each other as the neighbours from hell Now Tony Blair and Gordon Brown look like they have a political marriage made in heaven posted by Webmaster 10 56 AM 0 comments The Guardian Call to peg rates as shoppers retrench The British Chambers of Commerce BCC urged the Bank of England yesterday not to raise interest rates again as its latest survey showed company sales and confidence had dipped posted by Webmaster 10 55 AM 0 comments Thursday April 14 2005 BBC NEWS Business Business faces worrying outlook UK manufacturing and services industries have suffered a decline in sales and confidence the British Chambers of Commerce BCC has said posted by Webmaster 7 05 PM 0 comments Chichester Today High house prices could affect recruitment drives High prices for starter homes and low average earnings could force an exodus of young people from the Chichester district causing significant recruitment difficulties for local businesses posted by Webmaster 11 35 AM 0 comments Matlock Today Rising house prices create homelessness The cost of local house prices has created more homelessness and increased the number of people waiting to be housed posted by Webmaster 11 34 AM 0 comments icHuddersfield House prices rise by 23 in 12 months Figures from mortgage lender Halifax show the average price of a property in the town now stands at 140 744 posted by Webmaster 7 43 AM 0 comments BBC NEWS Business IMF warns of high oil price risk Rising oil prices pose an increasing threat to global economic growth the International Monetary Fund has warned posted by Webmaster 7 42 AM 0 comments Wednesday April 13 2005 Guardian BBC unions we ll shut down live TV Trade unions at the BBC have warned they aim to shut live programming down in a move that could hit coverage of Wimbledon or the FA Cup final as the dispute over job cuts escalates posted by Webmaster 6 44 PM 0 comments ThisisLondon Unemployment rises by 29 000 The Government has defended its record on jobs after suffering a pre election setback with new figures showing a rise in unemployment and the number of people claiming jobseekers allowance posted by Webmaster 6 42 PM 0 comments BBC NEWS Business UK jobless total on the up again The number of jobless people in the UK has risen according to the latest set of official figures posted by Bullish Bear 1 36 PM 0 comments BBC NEWS Scotland House price rise leads rest of UK House prices in Scotland rose faster than anywhere else in the UK at the start of the year according to the latest Bank of Scotland index posted by Webmaster 7 48 AM 0 comments The Independent Suddenly the one bed is big With rising prices small flats now greatly appeal to first time buyers says Chris Partridge posted by Webmaster 7 47 AM 0 comments BBC NEWS Business Fed worries grow on US inflation Inflation is a growing concern in the US economy and interest rates may have to rise to nullify the threat the Federal Reserve has indicated posted by Webmaster 7 45 AM 0 comments Tuesday April 12 2005 ThisIsMoney UK house prices grow Official figures today confirmed that the UK property market bounced back in February with first time buyers in particular facing rising costs posted by Webmaster 7 43 AM 0 comments ShareCast House prices slip inflation grows House prices slipped in February according to the government s latest figures though the inflation rate nudged higher posted by Webmaster 7 42 AM 0 comments This Is Local London New re banding could increase council tax bills by 20 per cent Council tax bills could rise by as much as 20 per cent under Government plans to re valuate the price of every home in Sutton the borough s MPs have warned posted by Webmaster 7 41 AM 0 comments Telegraph House hunters get the election jitters The general election is dampening confidence in the housing market according to a new survey by propertyfinder com posted by Webmaster 7 41 AM 0 comments How to get a loan to buy a second property either here or abroad Finding the right mortgage can prove to be anything but a holiday posted by Webmaster 7 40 AM 0 comments BBC NEWS Business Card switching costs 1bn a year People who switch credit cards for interest free deals are costing the industry 1 billion a year researchers have concluded posted by Webmaster 7 38 AM 0 comments Monday April 11 2005 Guardian Want to get rid of boom and bust Tax land not income Boom and bust is the mother of negative equity but in last month s budget speech Gordon Brown made an astonishing claim he had terminated the stop go cycle that has afflicted Britain since 1701 posted by Webmaster 7 44 AM 0 comments ThisisLondon Extra 200 on the mortgage have been warned to brace themselves for much bigger mortgage repayments when their fixedrate deals run out posted by Webmaster 7 43 AM 0 comments Sunday April 10 2005 Scotland on Sunday Property hotspots starting to feel the cold Scotland s property hotspots are rapidly cooling off with many areas which were enjoying bumper price rises a year ago now struggling to make a profit for their owners posted by Webmaster 9 24 PM 0 comments icCheshireOnline Apartments behind house price slump Vacant city centre apartments are being partly blamed for Chester coming second to last in a UK property survey posted by Webmaster 9 22 PM 0 comments Independent Moscow Stories Buying a dream home Watch out for the wrecking ball Though Moscow is not everybody s first choice as a place to own property the idea began to percolate through my mind after a year of living here posted by Webmaster 9 21 PM 0 comments Find a Property First Time Buyers Still Pessimistic First Time Buyers remain despondent about their chances of getting on the property ladder this year posted by Webmaster 9 19 PM 0 comments The Observer House boom winners face huge tax hike The residents of a leafy street in south west London are due for a rude awakening The council tax bills posted through the doors of their gleaming glass apartments two years after the general election will have them sobbing into their caramel macchiatos posted by Webmaster 12 36 PM 0 comments Saturday April 09 2005 Bulle immobiliere FRA Real bubble Myths and beliefs of the real estate An extensive report by Jean Michel Poure who is a regular on the forum and runs the french equivalent website of housepricecrash posted by Webmaster 11 08 AM 0 comments Credit Action Latest Debt statistics Average household debt in the UK is approximately 7 563 excluding mortgages and 43 800 including mortgages Average owed by every man woman and child in the UK is approximately 18 017 including mortgages posted by Webmaster 10 53 AM 0 comments FT com Homing instinct Roz Shaw thinks that home purchasing divides people neatly into two camps owners happy and would be first time buyers fed up She is the latter still struggling to find a place after two years of renting and pavement pounding in London posted by Webmaster 10 50 AM 0 comments Citywire FTSE rallies on rate cut hopes The FTSE 100 has had a good week and is on course to register its fifth successive gain today after some weak economic data raised hopes that the next move in interest rates could be downwards which offset a new record in the oil price posted by Webmaster 10 46 AM 0 comments The Times Malta Interest rates raised in bid to curb credit growth The Central Bank yesterday raised the central intervention rate by 25 basis points to 3 25 per cent posted by Webmaster 10 45 AM 0 comments ThisisLondon Prime London home prices race up again House prices in London s most sought after

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    adviser fears posted by Webmaster 10 16 AM 0 comments Guardian The change that will make some grin up north This weekend many house hunters will be pressing their noses up against estate agent windows and pounding the streets in search of their ideal home posted by Webmaster 10 15 AM 0 comments The Independent When the buyers just won t budge it s time for sellers to rethink the marketing of their property posted by Webmaster 10 14 AM 0 comments Friday March 18 2005 BBC NEWS Business Oil prices dip amid profit taking Crude oil prices were barely changed in Friday lunchtime trading after profit taking knocked them from Thursday s record highs in early trade posted by Webmaster 11 14 PM 0 comments This is York Not all doom and gloom Leading North Yorkshire developer S Harrison has challenged the doom mongers who are predicting a housing market slump as its new homes sales continue to boom posted by Webmaster 4 43 PM 0 comments Guardian Mortgage lending flat in February Lending on mortgages remained flat in February with the number of mortgages for homebuyers at the lowest level since May 2003 according to figures released today posted by Webmaster 4 42 PM 0 comments this is kent So are house prices rising or falling It All depends on who you are listening to The Nationwide Building Society says that house prices rose by half a per cent in February The Royal Institution of Chartered Surveyors says that prices fell a little The trouble is that these are generalised comments covering the whole country posted by Webmaster 4 42 PM 0 comments FT com Treasury forecasts house prices will fall by 1 The Treasury expects house prices to fall this year according to Financial Times calculations A little noticed Budget document published only on the internet includes the Treasury s internal forecast of the ratio of house prices to earnings posted by Webmaster 12 32 PM 0 comments Times Property firms in eleventh hour rush to avoid stamp duty Property companies rushed through an estimated 500 million of commercial property deals before midnight on Wednesday in an attempt to avoid paying stamp duty on commercial property transactions in disadvantaged areas posted by Webmaster 10 48 AM 0 comments Reuters House buyers in the South gain nothing from the Chancellor s stamp duty changes while the North is likely to benefit and the north south divide in house prices will narrow posted by Webmaster 10 47 AM 0 comments Thursday March 17 2005 Little Red Blogger Brown Tries to Prop up the Housing Pyramid So another year another budget Brown has it seems concluded that New Labour s political prospects are tied up with the housing market posted by Webmaster 2 39 PM 0 comments icLiverpool House prices could rise as investors look at region Property prices are set to soar across the region following Gordon Brown s Budget announcement experts forecast last night posted by Webmaster 2 37 PM 0 comments ThisIsMoney London homes to top IHT rate by 2007 value of the average London home owner s estate will be above by the Chancellor s increased inheritance tax threshold within two years according to new research posted by Webmaster 2 36 PM 0 comments Wednesday March 16 2005 BBC NEWS Politics Brown targets OAPs and homebuyers Gordon Brown has doubled the level at which house buyers pay stamp duty to 120 000 as he put the economy at the heart of Labour s election campaign posted by Webmaster 2 05 PM 0 comments FT com UK housing market remains tepid say surveyors Estate agents have on average a third more properties on their books than they did a year ago as interest from potential buyers remains tepid posted by Webmaster 2 04 PM 0 comments FT com Flats lose value in growing market The price of new flats fell last year despite a double digit jump in the value of every other type of property according to Land Registry figures posted by Webmaster 2 03 PM 0 comments Brown to unveil his ninth Budget Chancellor Gordon Brown will unveil his make or break Budget later as Labour prepares the battleground for a General Election which could be just two months away posted by Webmaster 7 59 AM 0 comments The Independent I blame the TV DIY shows When Arifa Akbar bought a flat to do up she thought she was in easy street She was wrong posted by Webmaster 7 58 AM 0 comments The Independent More For Your Money South Harrow HA2 South Harrow is on the underground it has flats for singles and young couples as well as houses for families and it has good schools posted by Webmaster 7 57 AM 0 comments Tuesday March 15 2005 Citywire Panic selling as house prices slide New property coming onto the market has risen to the highest level since May 2003 according to the latest housing market monthly survey from the Royal Institution of Chartered Surveyors Rics posted by Webmaster 8 14 AM 0 comments BBC NEWS Business Home buyers can pick and choose The number of homes coming onto estate agents books is at its highest level for nearly two years posted by Bullish Bear 7 19 AM 0 comments Monday March 14 2005 Guardian Unlimited Money Special reports Official figures show January house price fall House prices were still falling at the start of the year with a drop of 1 between December and January government figures showed today posted by Bullish Bear 11 36 PM 0 comments Bloomberg com U K The cost of raw materials used by British factories in February rose at the fastest pace in almost a decade boosted by increases in crude oil and homegrown foods posted by Bullish Bear 6 46 PM 0 comments BBC NEWS Business House prices fall back in January UK house prices fell 0 1 in January according to figures from the Office of the Deputy Prime Minister ODPM posted by Bullish Bear 6 43 PM 0 comments Business finance news currency market news online UK currency markets financial news Interactive Investor A leading investment bank has warned that UK house prices are up to 20 pct overvalued and that upcoming price falls will eventually push the cost of borrowing to near 50 year lows by the end of next year posted by Bullish Bear 6 41 PM 0 comments This is Money House prices House prices set for 7 fall HOUSE prices are set to drop by 7 over the next three years but there is a one in four chance of an early Nineties style crash a top investment bank warned today posted by Bullish Bear 6 39 PM 0 comments Interactive Investor BoE s Lambert says no mechanical link between inflation forecast and rates A Bank of England policy maker stressed today that there is no direct mechanical link between the central bank s inflation forecast and the level of interest rates posted by Webmaster 7 40 AM 0 comments The Guardian Low rates mean long term liabilities Over the past decade we have become used to interest rates and inflation being very low Rates seen at the time of Black Wednesday in 1992 of 12 15 seem unreal compared with today s 4 75 posted by Webmaster 7 39 AM 0 comments The Herald CML launches withering attack on lazy and unfair tax Pressure is growing on Gordon Brown the chancellor to reform stamp duty and inheritance tax in next Wednesday s budget but forecasts suggest he will not budge posted by Webmaster 7 37 AM 0 comments Telegraph Crime and house prices blight London s feelgood rating Increasing crime and high house prices have pushed London down the international league table for quality of life a survey has revealed posted by Webmaster 7 35 AM 0 comments The Herald Look before you leap into buy to let Last year s budget saw Gordon Brown the chancellor attempting to stimulate investors interest in property as an investment posted by Webmaster 7 34 AM 0 comments Sunday March 13 2005 Times Flat sales speak volumes I have bad news to report Three and a half months after putting my flat on the market it remains unsold posted by Webmaster 10 45 PM 0 comments BBC NEWS Business Gadget Shop into administration High Street retailer The Gadget Shop which employs 700 staff is to go into administration this week posted by Webmaster 8 20 PM 0 comments BBC NEWS UK Papers look forward to budget day Several papers look forward to Gordon Brown s budget day next week with the Sunday Mirror forecasting a tax gift of 1m for Britain s lowest paid workers posted by Webmaster 12 13 PM 0 comments Times Stamp out this huge burden on buyers Since the likelihood of Gordon Brown cutting income tax when he stands up to give his Budget speech on Wednesday is negligible one of the key issues many of us will be listening out for will be stamp duty and what if anything the Chancellor plans to do to cut this now onerous tax on the property owning classes posted by Webmaster 12 12 PM 0 comments The Independent Reprieved for now but rate rise is on the way Blink and you d have missed it For the seventh month in a row the Bank of England s Monetary Policy Committee voted to keep the cost of borrowing on hold at 4 75 per cent posted by Webmaster 12 10 PM 0 comments Sky News House Sales Tax Dismissed as Barking Conservative suggestions that Gordon Brown is planning a 40 tax on house sales has been dismissed as barking posted by Webmaster 12 09 PM 0 comments Saturday March 12 2005 CityWire Bovis will measure housing market heartbeat Keenly awaited clues to the current health of the housing market should emerge on Monday when Bovis one of the country s leading housebuilders delivers full year results posted by Webmaster 10 20 AM 0 comments Telegraph Diary of a property auction novice When Tania Cagnoni found her dream home at auction she decided to snap it up but the expense and the uncertainties soon turned it into a nightmare posted by Webmaster 10 16 AM 0 comments Friday March 11 2005 Mid Ulster Mail House prices go through the roof Houses in Mid Ulster have increased by nearly 25 per cent according to figures released this week posted by Webmaster 4 26 PM 0 comments Mortgage Introducer First time buyers can t have what they can t afford A survey by the Council of Mortgage Lenders CML has revealed that despite long term desire for home ownership would be first time buyers are being put off by current affordability problems posted by Webmaster 4 25 PM 0 comments BBC NEWS Business US trade gap expands to 58 4bn The gap between US imports and exports has widened to the second highest level on record as US shoppers continued to buy goods from overseas posted by Webmaster 2 12 PM 0 comments The Motley Fool UK How To Buy A 200 000 House For 120 000 Although self invested personal pensions have been around since 1990 SIPP holders cannot invest directly in domestic property posted by Webmaster 2 06 PM 0 comments This is Money Stamp it out Gordon The average first time homebuyer now has to pay stamp duty land tax in all but ten of the UK s 659 Parliamentary constituencies And one of those ten just happens to be Chancellor Gordon Brown s Dunfermline East posted by Webmaster 2 02 PM 0 comments Reuters co uk Brown urged to reform stamp duty in Budget Chancellor Gordon Brown has ruled out vote winning giveaways in his pre election budget next Wednesday but reforming stamp duty could be an affordable little sweetener posted by Webmaster 1 55 PM 0 comments Telegraph BBC uses video to tell staff of job cuts The Director General of the BBC used a 13 minute video message to tell staff yesterday that they faced redundancy as 1 730 jobs were axed in the first round of cost cutting posted by Webmaster 8 14 AM 0 comments Citywire Self employed home buyers no longer penalised says Charcol Self employed home buyers have had a rough ride in the past but mortgage broker Charcol reckons the tide is turning posted by Webmaster 8 13 AM 0 comments Thursday March 10 2005 Interactive Investor ECB says closely monitoring risks of high household debt house price rises The European Central Bank said it is closely monitoring the risks associated with euro zone house price rises and high levels of household debt posted by Webmaster 10 35 PM 0 comments This is Money Countrywide adds to housing woe Countrywide the UK s largest estate agency chain spelled out more grim news for the housing market today after warning of significantly reduced sales volumes posted by Webmaster 10 34 PM 0 comments This is Money The options for first timers High house prices have created a tightrope for first time buyers who want to borrow as much as possible without risking a rise in interest rates posted by Webmaster 10 34 PM 0 comments This is Money Countrywide adds to housing woe Countrywide the UK s largest estate agency chain spelled out more grim news for the housing market today after warning of significantly reduced sales volumes posted by Webmaster 4 32 PM 0 comments BBC NEWS Business Bank opts to leave rates at 4 75 The Bank of England has left interest rates unchanged at 4 75 for the seventh month in a row posted by Webmaster 12 18 PM 0 comments Check out our new Average house Price graphs which can be accessed from the home page Hover your mouse above the line on the graph and you will see the data posted by Webmaster 9 38 AM 0 comments This is Money Interest rates to stay on hold The Bank of England is expected to hold interest rates for the seventh month in a row today but experts believe the clock is ticking towards further rate rises posted by Webmaster 9 34 AM 0 comments ShropshireStar com Housing crisis as prices soar House prices in Oswestry have soared so high that more than 500 new affordable dwellings need to be built each year to cope with needs a new report revealed today posted by Webmaster 9 33 AM 0 comments BBC NEWS Business Bank set to leave rates on hold The Bank of England looks poised to leave interest rates on hold at 4 75 for the seventh month in a row at the end of its rate setting meeting posted by Webmaster 9 30 AM 0 comments BBC NEWS Europe Guernsey Island house sales hit doldrums The property market in Guernsey has suffered its slowest month in more than eight years posted by Webmaster 7 41 AM 0 comments SMH AUS Consumers nine year binge is over The biggest plunge in consumer confidence ever recorded has jolted the Howard Government and prompted internal calls for a new burst of economic reform posted by Webmaster 7 40 AM 0 comments Wednesday March 09 2005 BBC NEWS Business Crude oil sets new high in London Crude oil continued its record breaking run setting a new high in London amid fears that demand will outstrip supply posted by Webmaster 4 58 PM 0 comments Estate agency news Bye bye luy to let The Royal Institution of Chartered Surveyors have been quick to quell speculation that the golden time for buy to let investors could be over with many facing bankruptcy as they struggle with interest rate rises and an oversaturated rental market posted by Webmaster 2 02 PM 0 comments This is Money Rate rise on horizon but not this time The Bank of England s monetary policy committee kicks off its latest meeting today with interest rates having been held at 4 75 since last August posted by Webmaster 1 48 PM 0 comments The Guardian Surprise boost for UK manufacturing British manufacturing output rose unexpectedly in January but the global goods trade gap worsened significantly official figures showed today posted by Webmaster 1 46 PM 0 comments icWales Surviving a house price crash The media has been full of warnings for the past few months that the housing bubble is set to burst But for every expert predicting the end is nigh there has always been two more prepared to talk the market up posted by Webmaster 11 41 AM 0 comments The Independent House Hunter I want to buy a wreck at an auction Marc Fitzgibbon writes I have sold my buy to let house in London because my rental income has fallen more than 15 per cent since 2000 posted by Webmaster 7 52 AM 0 comments The Independent Buyers have the edge now The start of this year saw the number of properties on the market fall for the first time in eight months according to the Royal Institution of Chartered Surveyors RICS posted by Webmaster 7 49 AM 0 comments The Independent Too late for landlords Is it too late to get your first buy to let property in the UK That s the question lots of people are asking There is no shortage of information The trouble is that some surveys forecast a meltdown for property while others are saying the outlook is good So what s the true story posted by Webmaster 7 49 AM 0 comments This is Money Consumers prepare for spending spree Britons are planning to spend more and save less over the next six months according to a study by Nationwide posted by Webmaster 7 48 AM 0 comments Tuesday March 08 2005 Top estate agent goes under Property group Chesterton has called in administrators with the loss of 400

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    of the latest Rightmove figures which show asking prices up 2 3 per cent in February posted by Webmaster 10 17 AM 0 comments Monday February 21 2005 Daily Mail House asking prices not realistic Asking prices rose sharply in the last four weeks leading to claims that sellers and estate agents are not viewing the market realistically posted by Webmaster 2 33 PM 0 comments The Motley Fool UK Are Estate Agents Sellers Being Realistic A friend of mine was complaining over the weekend that he d not had a sniff of interest from anyone since putting his house on the market three weeks ago posted by Webmaster 12 30 PM 0 comments NetHousesPrices com Win an iPod Take a couple of seconds to complete their survey and you could win a mini iPod posted by Webmaster 11 15 AM 0 comments The Guardian As demand falls so will house prices What are we to make of the housing market at the moment The news was negative all through the autumn the number of buyers was falling mortgage lending was collapsing and as a result prices were dropping The great 2004 housing market fall appeared to be on us posted by Webmaster 9 53 AM 0 comments Telegraph News High street stores feel the pinch as online sales soar The high street s hold over the hearts and wallets of British consumers is being challenged by a boom in home shopping research showed yesterday posted by Webmaster 9 52 AM 0 comments BBC NEWS Business House asking prices unrealistic Asking prices for UK homes have risen sharply in recent weeks sparking fears that sellers and estate agents are not viewing the market realistically posted by Webmaster 9 52 AM 0 comments This is Money House prices leap The property market showed strong signs of a new year recovery according to a new study with average asking prices leaping by 4 300 in a month posted by Webmaster 9 51 AM 0 comments Righmove House Price Index February PDF Sellers remain greedy as asking prices rise sharply by 2 3 taking the average house price to a whopping 193 830 posted by Webmaster 7 56 AM 0 comments Sunday February 20 2005 BBC NEWS Business Consumers drive French economy France s economic growth accelerated in the last three months of 2004 driven by consumer spending a report shows posted by Webmaster 10 01 PM 0 comments Yahoo News Landlord Allegedly Tosses Tear Gas Grenade A landlord in an eviction dispute with a tenant allegedly broke windows at his rental property and threw a tear gas grenade into the residence police said posted by Webmaster 9 28 PM 0 comments The Observer Dr Dolittle talks to the analysts Mervyn King is caught between the push of housing slumps and the pull of rising salaries writes Heather Stewart posted by Webmaster 8 53 PM 0 comments Times Online Newspaper Edition IS IT JUST ME or has the boom in house prices made us all a bit too greedy If you bought a house for 150 000 ten years ago it could now be worth more than 425 000 an increase of 183 It s not a bad return especially if you have been living in your investment House price inflation is now running at 13 7 according to the Halifax index Admittedly it s past a peak of 22 last July but it s still completely barmy posted by Bullish Bear 2 27 PM 0 comments Times Online Newspaper Edition THE number of buy to let landlords unable to meet their mortgage payments jumped in the second half of 2004 according to new Council of Mortgage Lenders CML figures posted by Bullish Bear 2 25 PM 0 comments Telegraph The Bank is hedging its bets on rates Is the Bank of England trying to have its cake and eat it You could be forgiven such ungracious thoughts after the publication of last week s Inflation Report its quarterly tome on the state of the UK economy posted by Webmaster 12 21 PM 0 comments Saturday February 19 2005 The Guardian Cash surplus boost for Brown Gordon Brown was today on track to meet his borrowing forecasts as government coffers bulged with their biggest cash surplus in five years in January posted by Webmaster 11 45 PM 0 comments Borrowing finance news Student debt and house prices to rocket Just 18 years from now the average house will cost 600 000 and students will graduate with more than 43 000 of debt according to a new study posted by Bullish Bear 9 32 AM 0 comments The Independent Slide in mortgage lending confirms housing slowdown A sharp fall in mortgage lending and new loan approvals last month has provided fresh evidence of a slowdown in the housing market posted by Bullish Bear 9 30 AM 0 comments FT com Your money Owners offloading homes on to flooded market Property owners seeking to offload flats and houses are flooding the market according to new figures from the National Association of Estate Agents posted by Bullish Bear 9 28 AM 0 comments FT com Industries Property Buy to let newcomers warned of monthly loss New buy to let investors should expect to make a monthly loss on their properties according to new figures from Savills the property consultants posted by Bullish Bear 9 22 AM 0 comments Friday February 18 2005 What Mortgage Sellers flood the market but prices remain steady New participants in the UK housing market increased significantly last month reveals new data from the National Association of Estate Agents NAEA posted by Webmaster 7 53 AM 0 comments Economist com Restrictions on building can help explain why house prices are so dear As house prices have soared in many rich countries in recent years most observers of the property market have pointed to rising demand as the source of the boom posted by Webmaster 7 52 AM 0 comments Telegraph Money Sales growth grinds to a halt on High St A dismal Christmas on the high street meant retail sales stalled between November and January for the first time in 10 years official statistics showed yesterday posted by Webmaster 7 49 AM 0 comments Find a Property Kirstie Phil And Families Reunited Soaring property prices all over the UK have prompted a return of the extended family with many relations pooling their resources and moving in together posted by Webmaster 7 48 AM 0 comments This is Bradford Chips are down for quick house sales A Bradford company is set to revolutionise house buying in the UK with a computerised system Abode Conveyancing said the new system would speed up the sale of property and would be run in close conjunction with the Government s new home information packs posted by Webmaster 7 48 AM 0 comments Times Online Local difficulty Today s muted council tax forecasts demonstrate once and for all that local democracy in Britain is neither local nor democratic posted by Webmaster 7 47 AM 0 comments CNN com Bank hints at Australian rate rise The governor of Australia s central bank gave a strong hint Friday that the bank will soon raise interest rates for the first time since December 2003 even though the nation s housing boom has been largely subsiding posted by Webmaster 7 46 AM 0 comments The Guardian Street wise Want to know how much next door paid for their house A new website that tells all is attracting 500 000 visitors a day Leo Benedictus taps in his postcode and confronts the neighbours with the results more good media coverage for nethouseprices com posted by Webmaster 7 44 AM 0 comments Thursday February 17 2005 WHAT MORTGAGE Stamp duty petition comes to No 10 At 12 noon on 3 March West Bromwich Building Society chief executive Andrew Messenger will present Gordon Brown with a petition of over 22 000 signatures Sign the petition posted by Webmaster 3 28 PM 0 comments Alexa Amazon Website reviews for housepricecrash co uk We ve had some great reviews so far but would like a few more to help boost our search engine rankings and attract more people to the website posted by Webmaster 11 54 AM 0 comments National Statistics Retail Sales Jan 2005 PDF In the three months to January the seasonally adjusted index for retail sales at constant 2000 prices was level with the previous three months posted by Webmaster 11 15 AM 0 comments Aberdeen Independent When will the bubble burst If house prices crash all agree High Street spending plunges too Economist Roger Bootle predicting The year the luck runs out says the Bank of England will slash interest rates in the next year to keep the good times rolling posted by Webmaster 11 13 AM 0 comments The Independent Sales are booming for a place in the country House prices may be falling for Mr and Mrs Average but for the country set the housing market is still booming posted by Webmaster 8 17 AM 0 comments Wednesday February 16 2005 In2perspective Essential Summary Feb 05 This week has seen the publication of two important house price surveys One from the Royal Institution of Chartered Surveyors the other from the Office of the Deputy Prime Minister posted by Webmaster 5 34 PM 0 comments This is London Interest rate rise on horizon The Bank of England today left the way open for a further interest rate rise predicting that inflation will overshoot its 2 target in two years posted by Webmaster 4 45 PM 0 comments The Guardian Bank hints at rates rise The Bank of England today hinted that its next move on interest rates will be up as it raised its inflation and growth forecasts posted by Webmaster 4 38 PM 0 comments BBC NEWS Business UK inflation on target for 2006 UK inflation is likely to hit its 2 0 target in 2006 before heading even higher the Bank of England has said posted by Webmaster 4 07 PM 0 comments The Guardian January saw rise in properties for sale The number of properties for sale increased significantly in January according to data from the National Association of Estate Agents NAEA posted by Webmaster 4 05 PM 0 comments BBC NEWS Business Further rise in UK jobless total The UK s jobless total rose for the second month in a row in December official figures show posted by Webmaster 2 37 PM 0 comments icNewcastle Hike in rates predicted as sales fail to curb inflation The spectre of another interest rates rise has loomed larger after inflation unexpectedly remained on hold last month posted by Webmaster 11 22 AM 0 comments icBerkshire Could it now be the perfect time for first time buyers Now could be the perfect time for first time buyers to climb on to the housing ladder as the Express reveals prices have slipped since our exclusive survey in October posted by Webmaster 11 20 AM 0 comments BBC NEWS Business Japan economy slides to recession The Japanese economy has officially gone back into recession for the fourth time in a decade posted by Webmaster 9 14 AM 0 comments Tuesday February 15 2005 Scotsman com Business Cheaper petrol helps keep inflation in check Inflation stayed on hold last month as easing petrol prices eclipsed higher food costs official data revealed today posted by Webmaster 3 34 PM 0 comments BBC NEWS Business UK inflation rate remains steady The UK inflation rate remained steady at 1 6 in January as higher food and utility costs were offset by lower petrol prices posted by Webmaster 10 24 AM 0 comments Reuters co uk House prices fall at slower rate House prices fell again in the three months to January but at the slowest rate in four months according to a survey posted by Webmaster 9 49 AM 0 comments BBC NEWS Business House prices fall at slow pace UK house prices fell in January but at a slower rate than in December the Royal Institution of Chartered Surveyors Rics has said posted by Webmaster 8 14 AM 0 comments Monday February 14 2005 Daily Mail House price growth slows Further evidence of slowdown in the housing market emerged today as Government statistics revealed the price of the average home is irsing at rose at its slowest annual pace in 15 months posted by Webmaster 6 45 PM 0 comments BBC NEWS Business House prices suffer festive fall UK house prices fell 0 7 in December according to figures from the Office of the Deputy Prime Minister posted by Bullish Bear 6 41 PM 0 comments Guardian Buy to let loses its shine Enthusiasm for buy to let property investments showed signs of fading at the end of 2004 according to a report published today by the Council of Mortgage Lenders CML posted by Webmaster 6 40 PM 0 comments BBC NEWS Business Lenders sting borrowers with fees The cost of arranging a mortgage has risen by more than 40 in the past six months a mortgage broker has said posted by Webmaster 6 39 PM 0 comments Citywire Arrears rise sets buy to let alarm bells ringing The buy to let boom is running out of steam according to figures from the Council of Mortgage Lenders and some investors are beginning to find themselves in trouble posted by Webmaster 6 39 PM 0 comments BBC NEWS Business UK buy to let boom losing steam New figures suggest the popularity of buy to let mortgages a key phenomenon of the housing boom could be waning posted by Bullish Bear 6 25 PM 0 comments The Independent First time buyers more confident and ruthless First time buyers are borrowing a higher proportion of their property s value than ever before with the average home loan to value LTV having increased to almost 85 per cent over the past year according to Moneyextra website posted by Webmaster 7 44 AM 0 comments The Guardian Healthy steps What could be more innocently wholesome than the dear old British bungalow posted by Webmaster 7 42 AM 0 comments Sunday February 13 2005 Independent All the signs show it s looking up for growth Expect the cost of borrowing to do the same This Wednesday we ll get an update on the thoughts of the Monetary Policy Committee MPC on growth and inflation when the Bank of England publishes its quarterly Inflation Report The tone of this will give us the best steer on where interest rates are heading over the next few months posted by Bullish Bear 7 10 PM 0 comments Saturday February 12 2005 BBC NEWS UK First time buyers may gazunder A third of first time home buyers may cut their offer at the last minute forcing the seller to take less or find a new buyer a survey has found posted by Bullish Bear 3 31 PM 0 comments Friday February 11 2005 We have successfully upgraded to the latest version of Invision Power Board You can now carry on posting posted by Webmaster 9 05 PM 0 comments IMPORTANT We will be taking the Forum down at 08 15pm tonight We are upgrading to the latest vision of the Invision Powerboard You probably won t notice any difference but there are quite a few bug fixes in the latest release We are confident that the forum will be back up and running again tonight but you never know with upgrades so fingers crossed posted by Webmaster 8 04 PM 0 comments Mortgage Introducer haart disappointed by no change in rates Russell Jervis managing director of haart estate agents comments on the decision by the Bank of England to maintain the current 4 75 per cent base rate posted by Webmaster 11 24 AM 0 comments This is Kent More bad news for first timers First time buyers in Sevenoaks look set to fall into a housing black hole amid news of council tax hikes and an affordable homes scheme that will pass the district by posted by Webmaster 8 19 AM 0 comments BBC NEWS England Leicestershire Council plans zero rise in tax A Leicestershire authority has proposed not to increase its council tax bills in April posted by Webmaster 8 17 AM 0 comments Thursday February 10 2005 Norwich Evening News 24 The number of people selling their homes in Norwich has plummeted according to new figures posted by Bullish Bear 8 58 PM 0 comments Vote with your feet and wallets March on LONDON Join the EIE 12th March 2005 posted by Webmaster 4 38 PM 0 comments Estate Agency News 10 to 15 per cent of branches to close A leading estate agency boss is predicting that as many as one in eight offices across the industry could be closed by the end of the year posted by Webmaster 3 00 PM 0 comments BBC NEWS Business Bank opts to leave rates on hold The Bank of England has left interest rates on hold at 4 75 for a sixth month in a row posted by Webmaster 12 06 PM 0 comments Times Online Times MPC votes to keep rates on hold The Bank of England should keep interest rates on hold today but may have to raise them in the months ahead according to The Times Monetary Policy Committee posted by Webmaster 11 45 AM 0 comments ThisisLondon Consumer confidence on the up Consumer confidence in the housing market the security of their jobs and the economy in general is on the rise posted by Webmaster 8 54 AM 0 comments Wednesday February 09 2005 BBC NEWS Business Premium Bonds get online launch Premium Bonds which give UK savers the chance to win up to 1m can now be bought through the internet posted by Webmaster 12 06 PM 0 comments This is Money Manufacturing and trade stats boost economy The manufacturing

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    plans being unveiled by Deputy Prime Minister John Prescott posted by Webmaster 11 44 AM 0 comments Sunday January 23 2005 Ananova Homeowners Face Tax Timebomb Six million homeowners face a tax timebomb unless the government changes its inheritance tax laws it has been claimed posted by Webmaster 1 42 PM 0 comments Saturday January 22 2005 BBC NEWS Business First time buyers face price woe First time buyers cannot afford to buy a home in 92 of UK towns a survey from the Halifax bank suggests posted by Webmaster 7 01 PM 0 comments housefund co uk Latest News on the housing market First time buyers have less options as to where they d like to live The Halifax Annual First Time Buyers Survey has pinpointed the towns at opposite ends of the affordability scale posted by Webmaster 4 13 PM 0 comments Friday January 21 2005 BBC NEWS Business King relaxed about retail figures Bank of England governor Mervyn King has ruled out any knee jerk reaction to poor Christmas retail sales saying such behaviour would be foolish posted by Webmaster 8 18 AM 0 comments Thursday January 20 2005 New Zealand Herald House prices rise but sales fall House sales slipped but the median price remained stable at 260 000 in December the Real Estate Institute of New Zealand Reinz said today posted by Webmaster 3 01 PM 0 comments Wednesday January 19 2005 Times Online Newspaper Edition A MAJORITY of the Commons Treasury Select Committee is backing calls for an inquiry into negative equity mortgages such as that announced by Bradford Bingley this week posted by Bullish Bear 9 14 PM 0 comments Times Online Newspaper Edition FURNITURE prices have sprung up at their fastest pace for eight years giving inflation an unexpected boost in December figures showed yesterday posted by Bullish Bear 9 13 PM 0 comments FT com Home UK Increase in inflation puts rate cut in doubt Inflation edged higher in December as the prices of furniture and household goods began to rise after a long period of stagnation posted by Bullish Bear 9 07 PM 0 comments BBC NEWS Business UK unemployment total on the rise The number of people out of work in the UK in the September to November period has risen to 1 4 million an increase of 13 000 on the previous three months posted by Webmaster 2 33 PM 0 comments Tuesday January 18 2005 BBC NEWS Business UK inflation rate rise continues Rising household utility bills helped to push December s UK inflation rate to its highest level since June last year according to official figures posted by Bullish Bear 2 27 PM 0 comments This is Money House prices fall again but rate is slowing House prices fell again last month two influential surveys confirmed today but there are signs that the rate of decline is slowing because a growing number of people think interest rates could fall again posted by Webmaster 1 32 PM 0 comments Monday January 17 2005 Sky News Prices Continue Slide House prices fell by 0 1 this month the third monthly fall in a row according to figures from online property website rightmove co uk posted by Bullish Bear 9 50 PM 0 comments Telegraph Money Landlords beware as banks relax lending rules Banks are relaxing lending criteria on buy to let loans in a desperate bid to drum up mortgage business as the prospect of falling house prices scares potential investors away from the property market These moves have reignited fears that many novice landlords could end up over exposing themselves in the property market posted by Bullish Bear 9 49 PM 0 comments Telegraph Money Now it s a mis spending spree Consumer Groups and mortgage lenders are warning that much of the 1bn paid in compensation to homeowners who have been mis sold endowment policies has been spent on holidays new kitchens and other consumer purchases rather than on reducing mortgage debt posted by Bullish Bear 9 46 PM 0 comments Independent House price decline claims scalps among estate agents The slowdown in the housing market has sent scores of estate agents to the wall a property expert said today as it reported another fall in asking prices posted by Bullish Bear 9 05 AM 0 comments Rightmove House Price Index January 3rd Successive Fall in house prices brings January Window Shoppers out in force hunting for bargains posted by Bullish Bear 8 46 AM 0 comments Sunday January 16 2005 Philip Thornton A memo translated from Mervynese the outlook for borrowers is bumpy but benign For those of us who earn a crust guessing what the Bank of England will do with interest rates each month 2004 was quite an easy year posted by Bullish Bear 10 41 AM 0 comments Telegraph Money Economic agenda Ignore the blips house prices are falling prices are falling We are at the start of what traditionally has been a busy period in the housing market and both buyers and sellers will be looking for succour about their prospects posted by Bullish Bear 10 17 AM 0 comments Saturday January 15 2005 Telegraph Property All you ever wanted to know about the neighbours Asking someone British how much their house cost is about the most personal question you can ever put apart perhaps from How old are you or How much do you earn posted by Bullish Bear 7 07 PM 0 comments Scotsman com Business Personal Finance If interest rates fall don t just sit there sort out your debts IN A week in which Gordon Brown the Chancellor has been in Africa championing the cause of reducing third world debt and the comedian Dawn French has been protesting at Westminster with a similar goal in mind it might come as a surprise to consumers to learn that personal debt in the UK not only exceeds that of the entire African continent but that of South America as

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    a hand in the air posted by Bullish Bear 9 56 AM 0 comments The Observer Cash Estate agents go on attack against shared ownership Shared ownership which for 20 years has been a way of getting low paid first time buyers on the property ladder is coming under attack from estate agents posted by Bullish Bear 9 53 AM 0 comments Saturday December 18 2004 icWales Market correction It s here already Conflicting media reports that come out daily are confusing and while no one can predict the property market for more than a few months at a time in a climate such as this in South Wales it is certainly not as frantic as it was this time last year posted by Webmaster 12 16 PM 0 comments Friday December 17 2004 Citywire Charcol launches 2 99 Fed mortgage Mortgage broker Charcol has launched the cheapest mortgage yet with an interest rate of just 2 99 posted by Webmaster 4 34 PM 0 comments Thursday December 16 2004 BBC NEWS Where are house prices heading in 2005 Booming double digit price rises at the front end of 2004 have eased off towards the end of the year Will the market bounce back or are house prices heading downhill posted by Boom n Bust 11 20 PM 0 comments Interactive Investor U S housing starts plunge 13 1 in November Housing starts in November plunged to their lowest levelsince May of last year and fell at the sharpest pace in more than a decade the Commerce Department said Thursday posted by Boom n Bust 11 17 PM 0 comments Rampant Insider Selling Raises Red Flags NEW YORK Talk about a double standard While corporate leaders tout the benefits of investors owning their stocks many executives seem to be running for the doors themselves posted by Bullish Bear 11 06 AM 0 comments Wednesday December 15 2004 FT com Your money Jump in UK inflation fuels rate rise speculation UK prices unexpectedly jumped in November due to higher petrol prices and utility bills prompting speculation that the Bank of England may raise interest rates in the new year posted by Bullish Bear 11 42 PM 0 comments BBC NEWS Business US raises interest rates to 2 25 The US Federal Reserve has raised rates by a quarter percentage point to 2 25 its fifth increase since June posted by Webmaster 9 23 AM 0 comments Tuesday December 14 2004 Interactive Investor UK house prices set to drop up to 3 pct in first few months of 2005 LONDON AFX House prices in the UK are set to drop by up to 3 pct in the first few months of 2005 before recovering a property website said today posted by Boom n Bust 3 46 PM 0 comments Evening Times Cash gamble warning to home buyers SPECULATORS were wrong to gamble on soaring prices for newly built homes in Glasgow they were warned today posted by Boom n Bust 3 43 PM 0 comments BBC NEWS Business Transport costs fuel UK inflation Rising household fuel costs and high airfares propelled UK inflation to a five month high in November posted by Bullish Bear 12 19 PM 0 comments Consumer Price Indices November 2004 In the year to November the consumer prices index CPI rose by 1 5 per cent up from 1 2 in October posted by Bullish Bear 12 15 PM 0 comments This is Money House prices down for sixth month ESTATE agents have added to the gloom in the housing market by confirming prices dropped for the sixth month running in November posted by Boom n Bust 9 00 AM 0 comments Monday December 13 2004 FT com Industries Property The rental boom that is in line for a bust Who on earth coined the phrase as safe as houses And should he be taken out and shot posted by Bullish Bear 7 25 PM 0 comments FT com Industries Property Property creates a case for concern Many of the UK s biggest high street banks were badly burnt by the spectacular property crash of the early 1990s posted by Bullish Bear 7 24 PM 0 comments Times Don t gamble with your home More people are taking out interest only mortgages but they could face big debts if house prices fall further posted by Boom n Bust 1 13 PM 0 comments Reuters co uk Housing market cooled in October House prices in England and Wales were up 12 6 percent on the year in October down from the 13 8 percent rate in the prior month the Office of the Deputy Prime Minister says posted by Webmaster 11 11 AM 0 comments Interactive Investor UK Oct house prices up 12 6 pct yr on yr up 0 7 pct vs Sept ODPM UK house prices rose by 0 7 pct between September and October but the annual rate of growth dropped to 12 6 pct from 13 8 pct the previous month according to figures released by the Office of the Deputy Prime Minister posted by Boom n Bust 11 07 AM 0 comments Property finance news House prices weaken pound The pound is expected to fall further against the dollar today in the wake of new evidence that house price growth slowed during October posted by Boom n Bust 10 15 AM 0 comments This is Money Credit card threat to economy SOARING borrowing on credit cards could threaten Britain s financial stability the Bank of England has warned Its latest assessment will raise serious questions over the current record debt levels The Bank says they may be building up vulnerability for the long term posted by Boom n Bust 9 41 AM 0 comments Guardian Labour s fortunes are cemented to bricks and mortar values Estate agents are twiddling their thumbs Property is proving hard to shift House prices are falling The boom in bricks and mortar is over So much so obvious After its phenomenal rise since the middle of the last decade some correction in the housing market was overdue posted by Boom n Bust 8 48 AM 0 comments Scotsman com Cala warns of sideways move in housing market However the group which is 30 per cent owned by HBOS warned that the UK housing market would move sideways for a couple of years as prices level off and the planning system slows development posted by Boom n Bust 8 44 AM 0 comments Sunday December 12 2004 Telegraph Money Economic agenda Little Christmas cheer on the high street The High Street is the battleground on which two opposing views of our immediate economic future will be fought out With Christmas just two weeks away the stakes are rising posted by Bullish Bear 8 31 AM 0 comments Saturday December 11 2004 FT com Home UK America s ominous housing bubble Nearly five years after the bursting of the equity bubble America has done it again This time it is the housing bubble But this speculative excess may be the cruellest bubble of all and has already led to a sharp compression of national saving a record current account deficit and an ominous overhang of personal indebtedness The US was fortunate in avoiding the perils of a post bubble carnage in 2000 2001 It may not be so lucky this time posted by Bullish Bear 8 01 PM 0 comments Scotsman com Funds prepare to cash in on property boom COMMERCIAL property is expected to boom next year according to fund management group Schroder posted by Webmaster 11 18 AM 0 comments Friday December 10 2004 This is Money HSBC warns of credit slowdown BANKING giant HSBC today became the second major financial group in as many days to warn of a slowdown in UK consumer borrowing posted by Boom n Bust 1 52 PM 0 comments Western Daily Press RATES COULD FALL TO 3 CLAIMS BOOTLE Leading economist Roger Bootle expects the value of the pound to fall a long way against the euro and dollar next year he told an invited audience at Bristol s Mansion House last night posted by Boom n Bust 11 43 AM 0 comments Times House prices set to rise by 4 next year say mortgage lenders HOUSE prices are set to rise by 4 per cent next year Britain s mortgage lenders predicted yesterday posted by Boom n Bust 11 41 AM 0 comments Guardian Unlimited Money Trade gap misery as imports rise to 21 5bn Britain s trade gap with the rest of the world unexpectedly widened by almost 1bn in October to its worst since January as imports jumped to a record high posted by Boom n Bust 8 20 AM 0 comments BBC NEWS Regeneration causes high prices Regeneration work on rundown areas in the North West of England has been blamed for a rise in homelessness posted by Boom n Bust 8 19 AM 0 comments Thursday December 09 2004 Economist com The global housing market Flimsy foundations Residential property prices are now falling in Britain and Australia but have taken off in America and France posted by Boom n Bust 5 47 PM 0 comments ThisisLondon Housing crisis revealed A new study has shown that the proportion of first time buyers plummeted from 27 per cent of all buyers at the start of the year to 18 per cent at the end of the summer posted by Webmaster 3 18 PM 0 comments ShareCast BoE holds rates at 4 75 The Bank of England has kept borrowing costs on hold at 4 75 for the fourth month running after further signs of an economic slowdown posted by Boom n Bust 12 17 PM 0 comments Citywire First time buyer numbers drop dramatically The proportion of first time buyers has fallen dramatically since 1993 nearly half had to pay more than 100 000 for a new home yet the biggest housing problem is under occupation posted by Boom n Bust 11 51 AM 0 comments BBC NEWS Business Bank on course to freeze UK rates The Bank of England is expected to leave interest rates at 4 75 on Thursday following the latest meeting of its Monetary Policy Committee MPC posted by Webmaster 9 35 AM 0 comments ThisisLondon Berkeley adds to housing gloom UPMARKET housebuilder Berkeley Group has added to the gloom in the property market by reporting a sharp 28 fall in group reservations posted by Boom n Bust 9 25 AM 0 comments ThisisLondon Interest rate analysis the facts before the MPC THE Bank of England s monetary policy committee must decide whether to play Scrooge or Santa to home owners on Thursday when it reaches its latest decision on interest rates posted by Boom n Bust 8 41 AM 0 comments Wednesday December 08 2004 whatinvestment BoE expected to keep rates on hold Data showing a cooler housing market and slower consumer spending should mean the Bank of England leaves interest rates on hold at 4 75 tomorrow posted by Boom n Bust 3 11 PM 0 comments Times No storm clouds for housing market The forecast for the housing market next year is one of bright intervals and scattered showers rather than storm clouds acciording to a prominent television academic posted by Boom n Bust 3 10 PM 0 comments moneyextra First time buyers face four and a half year wait It takes first time buyers six months longer to save for a 5 house deposit now compared to Q1 2004 and one year nine months longer than in 1994 when house prices began their meteoric rise That s according to new research from National Savings and Investments NS I posted by Boom n Bust 2 09 PM 0 comments Citywire Bootle v Smith house prices may slump House prices are in for a hard landing if you believe Capital Economic s Roger Bootle who says the lack of first time buyers and low rental yields are a bad omen posted by Boom n Bust 2 01 PM 0 comments BBC NEWS BBC move to boost house market The overhaul of the BBC dominates the newspapers with the news many staff will be sent to Manchester hailed as a boost to the North posted by Boom n Bust 8 48 AM 0 comments Tuesday December 07 2004 FT com Home UK Wary British shoppers depress high street sales Cautious shoppers caused sales to fall 0 2 per cent in November compared with last year This was the first drop for 11 months and the worst November since 1988 said the British Retail Consortium and KPMG the accountancy firm posted by Bullish Bear 8 34 PM 0 comments SkyNews INFLATION HITS PAY DEALS Signs of rising inflation is starting to have an effect on pay deals posted by Boom n Bust 11 52 AM 0 comments The Argus Estate agents face fight to save jobs Hundreds of estate agents will be fighting to save their jobs next year if the deadlock in the housing market fails to break posted by Boom n Bust 11 48 AM 0 comments Credit Man Economic growth to lose momentum in the New Year Economic growth in early 2005 is set to slow as a drop in retail sales and falling house prices dampen business confidence posted by Boom n Bust 11 47 AM 0 comments ThisisLondon Stores fear a Black Christmas STORES are facing a Black Christmas amid evidence that business is waning despite aggressive promotions and price cuts posted by Bullish Bear 10 37 AM 0 comments ThisisLondon Black Tuesday for jobs The loss of thousands of highly paid London jobs is being announced today posted by Bullish Bear 10 30 AM 0 comments Monday December 06 2004 BBC NEWS BBC shake up to mean job losses BBC director general Mark Thompson will announce an overhaul of the corporation on Tuesday which could lead to the loss of thousands of jobs posted by Bullish Bear 11 09 PM 0 comments Times Crunch the numbers Is the market down Up Stagnant Don t panic when you see conflicting house price headlines Here is what they all mean for your home posted by Boom n Bust 6 35 PM 0 comments Times Next generation of economists tells Bank to hold rates THE sight on the screen is one most economists would beg to watch The Monetary Policy Committee MPC normally so careful about its image is going through its monthly interest rate deliberations on camera for the first time posted by Boom n Bust 4 23 PM 0 comments Times Recession fear as firms reveal fall in confidence FEARS of a fall into recession are growing after a key survey found that manufacturers confidence in the future has slumped and export margins are at their lowest for nearly three years posted by Boom n Bust 4 22 PM 0 comments Times Consumers just want to have fun not houses BRITISH consumers have not stopped spending Far from it Instead of borrowing to buy homes they seem to be having a good time while waiting for interest rates to rise posted by Boom n Bust 4 21 PM 0 comments themovechannel com End of falls in new home prices The average price of a newly built home in the UK increased by 2 7 last month to 268 724 according to data released from leading new homes website SmartNewHomes com This is the first monthly increase since August and indicates that the new home slowdown is coming to an end posted by Boom n Bust 12 40 PM 0 comments Mortgage Introducer Charcol predicts 4 per cent house price rise for 2005 Charcol has responded to the contradicting house price predictions of Halifax and Nationwide by offering its own views on the year ahead posted by Boom n Bust 12 39 PM 0 comments Economist com The disappearing dollar THE dollar has been the leading international currency for as long as most people can remember But its dominant role can no longer be taken for granted If America keeps on spending and borrowing at its present pace the dollar will eventually lose its mighty status in international finance posted by Bullish Bear 8 09 AM 0 comments Sunday December 05 2004 Sunday Times November slump raises retail fears for Christmas THE British high street suffered a brutal sales slump in November heightening fears that the retail sector is set for its worst Christmas in a decade posted by Boom n Bust 10 28 AM 0 comments SundayTimes Bank told to hold rates INTEREST RATES should stay at 4 75 when the Bank of England meets this week according to the shadow monetary policy committee SMPC But some members say sterling s rise against the dollar could force the Bank to cut rates soon posted by Boom n Bust 10 27 AM 0 comments The Observer Estate agents face decimation Up to 3 000 estate agents face the axe following a dramatic fall in mortgage lending experts warned last night The cull would be the biggest since the 1991 recession and would represent 10 per cent of the industry s total workforce of 30 000 posted by Bullish Bear 8 33 AM 0 comments Saturday December 04 2004 Times Positively unable to shake my negativity WE RE doomed doomed I tell you Overindebted and impoverished with no savings no pensions no access to houses and no hope The future is bleak for the under 30s posted by Boom n Bust 4 07 PM 0 comments Guardian Halifax first lender to predict house price fall Reporting that house prices fell again last month Britain s biggest mortgage lender said it expects prices to drop 2 in 2005 although this will mask significant variations around the country posted by Boom n Bust 12 08 PM 0 comments Sky News MORTGAGE RATE FEARS Almost half of UK homeowners are concerned about mortgage interest rates rising

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    policies are damaging the UK economy posted by Boom n Bust 11 26 AM 0 comments ThisisLondon Revealed how your house price has fallen In one area prices have fallen by 20 per cent in just four months posted by Boom n Bust 9 47 AM 0 comments Western Daily Press WEST HOME PRICES WILL FALL 12 000 A YEAR West homeowners are facing a dramatic fall in property prices that could see the average house drop 12 000 in value by next year a leading bank warned yesterday Barclays the UK s fifth largest mortgage lender predicts property prices will plunge by the same amount in 2006 and 2007 a total drop of 20 per cent in three years The slump will put a sharp brake on consumer confidence and affect spending posted by Boom n Bust 9 46 AM 0 comments in2perspective A greater correction is on the way The report said the figures suggest a rather greater correction is on the way than has been reported by the big lenders to date posted by Boom n Bust 9 36 AM 0 comments Times Pound s strength could be its weakness Amid all the talk of a weakening dollar the impact on the pound has been overlooked The key questions have been how far the dollar will slide against the euro and the yen and how quickly the Chinese will unpeg the yuan which has the makings of a fourth rhino from the dollar posted by Boom n Bust 9 10 AM 0 comments Times Newspaper HOMEOWNERS suffered another bad month in November as house prices fell by an average of 1 7 per cent according to Rightmove the property website posted by Boom n Bust 9 01 AM 0 comments This is Monkey House prices take a fall ASKING prices for British homes fell 1 7 in the month to mid November cutting the annual rise in property prices to its lowest since February according property website Rightmove posted by Bullish Bear 8 19 AM 0 comments Sunday November 21 2004 BBC NEWS Business Barclays warns of house price dip UK house prices are coming off their peaks and may fall by 20 in the next three years Barclays Bank has said posted by Bullish Bear 10 40 PM 0 comments this is exeter ESTATE AGENTS SHUT FOR GOOD An Exeter estate agents which had been due to open a new branch in Crediton on Monday has closed after less than a year in business posted by Bullish Bear 9 47 PM 0 comments Sky News NEW HOUSE PRICE WARNING House prices could fall by 20 over the next three years and halt the UK s consumer spending boom Barclays has warned posted by Boom n Bust 2 01 PM 0 comments The Observer Dividend driven markets defy downturn House prices now look all but certain to fall companies as diverse as Dixons French Connection and Northern Foods are warning that business is getting ever tougher here economic experts are convinced that the Chancellor will break his golden rule of not borrowing to finance public spending across the Atlantic both government and personal borrowing have reached dizzying records helping to push the dollar ever lower posted by Boom n Bust 10 41 AM 0 comments Sunday Times Slow growth to hit City jobs THE revival in City jobs is set to fade under the impact of slower growth in the world economy according to new detailed projections to be published this week posted by Boom n Bust 10 30 AM 0 comments Times Online Sunday Times BARCLAYS Bank will this week become the first big mortgage lender to warn homeowners that property prices could fall sharply over the next two years by as much as 20 posted by Bullish Bear 8 20 AM 0 comments Telegraph News At last good news from the housing market estate agents are starting to lose their jobs Hundreds of estate agents have lost their jobs because of stagnating sales and the slump in the housing market posted by Bullish Bear 8 19 AM 0 comments Telegraph Money Estate agents on skid row The estate agency market is as a bad as it has been at any point in the past thirty years and 1 000 agents could go out of business Grant Ringshaw explains why posted by Bullish Bear 8 17 AM 0 comments Independent Doomsayers raise ghosts of 92 but optimists say housing is set to turn the corner Fewer loan completions and falling prices the UK housing market seems to have got what it wished for posted by Boom n Bust 12 02 AM 0 comments Saturday November 20 2004 BBC Pensioners banking on property Rocketing house prices mean many homeowners are planning their pensions around the profits a survey suggests posted by Boom n Bust 10 58 AM 0 comments Business Echo International factors threaten UK stability Dr Vincent Cable expressed concerns about the impact of rising oil prices the plummeting dollar and an imminent house price collapse posted by Boom n Bust 10 23 AM 0 comments Citywire Countrywide warning increases tension Countrywide provides more evidence of the cooling impact of higher interest rates on the housing market as it tumbles 7 on a profits alert posted by Boom n Bust 10 19 AM 0 comments Guardian The great house price boom turns into busted flush Estate agency group shocks city with profits warning as survey shows prices falling in almost every region posted by Boom n Bust 10 09 AM 0 comments Friday November 19 2004 Economist The shocks of 2005 Two big risks threaten economies around the world in 2005 a new surge in oil prices and a higher than expected rise in interest rates The shock would be nastier for some than others Here s where the pain might hit posted by Boom n Bust 6 10 PM 0 comments House Price Crash forum The Economist Predictions For 2005 House prices have lost touch with reality In 2005 they will come back down to earth posted by Boom n Bust 6 07 PM 0 comments Malton Today House boom goes on HOUSE prices have gone through the roof in Ryedale this year and it is first time buyers who are being hardest hit posted by Boom n Bust 4 06 PM 0 comments Guardian Unlimited Money Study shows house price falls continue Another day another house price discussion Yesterday Nationwide said prices would increase by 5 next year while today a property research company reported a fall in house prices for a fifth month in a row and said further declines were inevitable posted by Boom n Bust 3 14 PM 0 comments Reuters UK s Countrywide shares plunge on profit warning Shares in Countrywide Plc CWD L plunged 11 percent on Friday as the British property services firm issued its third profit warning in 100 days citing buyers uncertainty over interest rate hikes and house price falls posted by Boom n Bust 2 34 PM 0 comments Sky News HOME PRICES BOOM OVER A property research company has reported a fall in house prices for the fifth month in a row and said further declines were inevitable posted by Boom n Bust 2 33 PM 0 comments ThisisMoney Alert shocks property market CONFIDENCE in the housing market suffering two major blows today The first came from Britain s biggest chain of estate agents which issued a devastating profits warning after its house sales slumped by a third last month posted by Boom n Bust 2 30 PM 0 comments BBC NEWS Average house price tops 100 000 All regions of Scotland now have an average residential property price in excess of 100 000 for the first time according to latest figures posted by Boom n Bust 11 29 AM 0 comments Reuters UK house prices down for fifth month Asking house prices in England and Wales fell for a fifth straight month in November down 0 6 percent research company Hometrack said on Friday further evidence that Britain s housing boom is over posted by Boom n Bust 11 26 AM 0 comments ThisisMoney House prices continue to fall HOUSE prices fell for the fifth consecutive month in November as the number of unsold properties on the market soared posted by Boom n Bust 11 15 AM 0 comments ThisisMoney House price fears for builders FALLING house prices and spiralling construction costs will see housebuilders blown off target to build hundreds of thousands of extra new homes in the South East posted by Boom n Bust 9 34 AM 0 comments Thursday November 18 2004 Sky News HIGH STREET SALES DROP New figures have underlined the uncertain picture for retailers with sales in October falling further than expected posted by Boom n Bust 8 53 PM 0 comments ic Wales House prices in first falls for 8 years HOUSE prices in Wales have shown their first sign of decline in more than eight years in October posted by Boom n Bust 4 59 PM 0 comments icnetwork Council tax to soar after the house boom COUNCIL tax bills in some areas will rise dramatically thanks to the house price boom say experts posted by Boom n Bust 4 40 PM 0 comments Find a Property First timers On The Rise First time buyers accounted for 32 per cent of loans for house purchase in October the highest proportion since April 2003 says the Council of Mortgage Lenders posted by Boom n Bust 1 26 PM 0 comments Guardian Rate rises slow mortgage lending Interest rate increases in the past year have succeeded in putting the brakes on the property market figures published today suggest posted by Boom n Bust 1 25 PM 0 comments Reuters Housing crash seen unlikely The housing market should avert a crash and prices will most likely stabilise or fall moderately from current levels over the next year according to a Reuters poll of 21 economists posted by Boom n Bust 1 15 PM 0 comments Times Newspaper Unemployment up for first time in 18 months THE rate of unemployment has passed its lowest point and is on the rise claimant count figures suggested yesterday The Office for National Statistics ONS also showed yesterday that wage inflation was waning fuelling speculation that interest rates might have peaked posted by Boom n Bust 8 45 AM 0 comments Reuters Nationwide sees 2005 UK house prices rising 0 5 pct British house prices will rise by up to 5 percent next year and will not fall Nationwide Building Society NAT UL Britain s biggest customer owned lender said on Thursday posted by Boom n Bust 8 38 AM 0 comments Guardian Jobless rise may keep rate pegged The number of people out of work and claiming benefit rose for the first time in 15 months in October as Britain s long downward trend in unemployment came to a stuttering halt official figures showed yesterday posted by Boom n Bust 8 36 AM 0 comments Times Business Kodak sheds 500 more British jobs KODAK announced the closure of five laboratories at a cost of 500 jobs last night the second time the camera maker has cut staff in the UK this year posted by Bullish Bear 8 00 AM 0 comments The Herald UK dole claims jump in October A surprise rise in UK claimant count unemployment in October sparked concerns yesterday that the job creation engine that has been helping to sustain house prices and economic growth could be running out of steam posted by Bullish Bear 7 55 AM 0 comments Wednesday November 17 2004 Scotsman com Industry Still Fears for Jobs Despite Record Low Both sides of industry tonight voiced concern about the growing number of people who have stopped looking for work which marred new figures showing that unemployment had fallen to a record low posted by Boom n Bust 9 52 PM 0 comments expressandstar com MP fears slump in house prices Lichfield MP Michael Fabricant fears that many people in the city could be facing the nightmare of negative equity despite its continuing boom in house prices posted by Boom n Bust 4 23 PM 0 comments in2perspective Does the stalling London property market signal the return of the first time buyer As London property prices stall or fall could this spark the return of the first time buyer Guest writer Fred Drew of geta2ndopinion com looks at both sides of the argument posted by Boom n Bust 4 18 PM 0 comments in2perspective MPC unanimous in rate freeze The Monetary Policy Committee MPC today said that its decision on interest rates a fortnight ago had the full support of its members for a seventh month in a row posted by Boom n Bust 4 17 PM 0 comments themovechannel First time buyer age set to fall Despite increasing student debt low earnings and having to scrape together a large deposit Britons in their twenties are the most buoyant about buying a property within the next two years reveals Alliance Leicester Mortgage s movingimproving index posted by Boom n Bust 4 15 PM 0 comments ThisisMoney High Street fears on house prices WITH JUST five shopping weekends to Christmas festive jitters are jangling Britain s army of retailers What makes this year even more nerveracking than usual is that the most critical trading period is coinciding with the start of a slide in house prices posted by Boom n Bust 4 09 PM 0 comments Thisismoney High Street fears on house prices WITH JUST five shopping weekends to Christmas festive jitters are jangling Britain s army of retailers What makes this year even more nerveracking than usual is that the most critical trading period is coinciding with the start of a slide in house prices posted by Boom n Bust 4 08 PM 0 comments Thisismoney High Street fears on house prices WITH JUST five shopping weekends to Christmas festive jitters are jangling Britain s army of retailers What makes this year even more nerveracking than usual is that the most critical trading period is coinciding with the start of a slide in house prices posted by Boom n Bust 4 07 PM 0 comments Times Newspaper Global economy to slow sharply next year says the World Bank THE growth of the world economy is poised to slow sharply next year as oil pressures continue and China attempts a soft landing the World Bank said yesterday posted by Boom n Bust 10 02 AM 0 comments Times Newspaper Rates may stay on hold despite high petrol price THE highest petrol prices for four years and rising household energy costs helped to push inflation up a notch in October but analysts said that interest rates were still likely to stay on hold into next year posted by Boom n Bust 10 00 AM 0 comments ThisisMoney Home front survival CONFIDENCE in the housing market is plummeting Surveys show prices falling for the first time in three years while homes are taking longer to sell The gloomiest prediction is that values could plunge by 30 posted by Boom n Bust 8 42 AM 0 comments Independent Oil price rises push up inflation as house market cools Higher oil prices pushed up inflation in the UK and sent factory prices in the US to a 15 year high according to official figures released on both sides of the Atlantic yesterday posted by Boom n Bust 8 40 AM 0 comments Telegraph It s too soon to clamour for the Bank to lower rates So that s it then A gentle slowdown in the property market is on the cards and we can look forward to a nice relaxing break in the interest rate cycle The next move is likely to be downward But not yet posted by Boom n Bust 8 39 AM 0 comments ePolitix com Economic slowdown highly likely The chancellor has been warned that the economic outlook has taken a turn for the worse over recent months posted by Boom n Bust 8 32 AM 0 comments Guardian Oil rise saves King the cost of a stamp The rise in the cost of petrol prevented inflation falling below 1 last month saving the governor of the Bank of England Mervyn King from having to write an explanatory letter to the chancellor posted by Boom n Bust 8 30 AM 0 comments Tuesday November 16 2004 Reuters Sterling grazes 11 month low vs euro beats dollar Sterling briefly fell to an 11 month low against the euro on Tuesday after a sharp fall in UK house prices but it gained some ground versus the struggling dollar posted by Boom n Bust 4 29 PM 0 comments FT Adviser Jittery outlook over housing blamed for confidence slump Investor confidence in the UK has slumped over falling oil prices and a jittery outlook for housing according to JPMF This is despite signs that the Bank of England may not announce a further rise in interest rates before 2005 posted by Boom n Bust 3 40 PM 0 comments IFAonline A tale of tough markets home tax hike and falling prices threats Participants in the housing market have been hit with a double blow today with calls from charity Shelter to double council tax rates on second homes while figures from the Royal Institute of Chartered Surveyors suggest sales are down to 1992 levels posted by Boom n Bust 2 49 PM 0 comments Reuters Inflation rises as utility charges soar Annual inflation rate edged higher in October as record oil prices caused gas electricity and other household bills to climb at their fastest rate in at least seven years official data has showed posted by Boom n Bust 2 48 PM 0 comments Yorkshire Post Sharp rise as more people declare themselves bankrupt This shift in attitudes probably explains the dramatic increase in the numbers of people declaring themselves bankrupt Across Yorkshire the number of people petitioning for their own bankruptcy has increased by 27 1 per cent year on year posted by Boom n Bust 1 58 PM 0 comments Independent Housing crash fear drives down prices Surveyors say October was worst month since 1992 Transactions at nine year low as buyers suffer nerves posted by Boom n Bust 1 44 PM 0 comments THE FULL RISC REPORT Housing market weakens but surveyor confidence stabilises House prices continue to adjust downwards The balance of surveyors reporting a decline in prices for October was the lowest reading since December 1992 posted by Boom n Bust 12 14 PM 0 comments RICS housing market survey October 2004 House prices continue to fall nationwide reports an RICS Royal Institution of Chartered Surveyors survey of the UK housing market published today Tuesday 16th November posted by Boom n Bust 8 17 AM 0 comments Guardian Rics adds to house price dejection The house price gloom shows no sign of abating with new research published today showing the number of chartered surveyors reporting price falls at a 12 year high posted by Boom n Bust 8 05 AM 0 comments Times Online House prices fall fastest since 1992 Scared off by rising interest rates first time buyers have delayed joining the market HOUSE prices are falling at their fastest rate for 12 years as buyers hold back a leading survey indicates today posted by Bullish Bear 12 36 AM 0 comments FT com World UK UK house price falls gather momentum falls are gathering momentum and are spreading across the UK according to a monthly poll of surveyors which on Monday delivers its gloomiest reading for nearly posted by Bullish Bear 12 32 AM 0 comments Monday November 15 2004 Telegraph Investors dip their toes back into equities There are signs that private investors are venturing back into the stock market after a long period of flat demand Daily trading volumes have risen by more than 15 per cent since late September according to figures to be released this week by ComPeer the financial analyst posted by Boom n Bust 6 31 PM 0 comments ThisisMoney Millionaires house prices down again HOUSE prices in London s most sought after areas fell for the second month in a row in October posted by Boom n Bust 11 54 AM 0 comments Times Bad news gets worse for gloomy retailers SHOPKEEPERS are being squeezed by rising costs and falling prices making retail the most likely stock market sector to issue negative announcements Research by KPMG the accountant shows that in the third quarter the amount of bad news from retailers rose 88 per cent compared with a year earlier posted by Boom n Bust 11 02 AM 0 comments Guardian House price scaremongerers numbers simply don t add up The Bank of England last week reiterated its warning about house price falls Scary numbers such as falls of 20 or even 30 are being touted by some as necessary to bring the market back into balance Enough to frighten any recent or prospective house buyer posted by Boom n Bust 10 48 AM 0 comments Sunday November 14 2004 Times The Market Alex Bannister chief economist of the Nationwide building society says that although most areas including the north will avoid big price falls there will be many fewer homes sold He says the ratio of house prices to household income looks very stretched in the north Those regions that have seen prices rising fastest will also see the sharpest slowdown posted by Boom n Bust 7 26 PM 0 comments Times Shares tipped to beat property in 2005 EXPERTS are predicting that shares will beat property in 2005 reversing the trend of the past five years posted by Boom n Bust 7 12 PM 0 comments CityWire Graduates need leg up to get on property ladder First time buyers generally have a tough time affording their first property but even graduates usually considered a prime lending risk are experiencing difficulties posted by Boom n Bust 10 39 AM 0 comments The Observer Seasonal fears hit high street Sales plunged in London s shops last month triggering fresh fears of a consumer slowdown and setting retailers nerves jangling ahead of what many say will be a difficult Christmas posted by Boom n Bust 10 34 AM 0 comments Telegraph Don t count on a boost from cheaper oil Not long ago the world economy was apparently threatened by the adverse effects of higher oil prices Some commentators talked of the danger of recession or even stagflation posted by Boom n Bust 10 30 AM 0 comments Sunday Times Don t panic the housing market won t crash For a man whose declared aim is to make the Bank of England s deliberations boring Mervyn King has a strange way of going about it The Bank governor who succeeded Lord Eddie George last year after serving as his deputy does not go about his business lightly posted by Boom n Bust 10 16 AM 0 comments Times Online Experts predict one more hike in rates THE Bank of England may not have finished raising interest rates despite its dovish inflation report last week and its prediction of falling house prices analysts say Most believe the monetary policy committee may raise rates once more next year writes David Smith posted by Bullish Bear 2 59 AM 0 comments Times Online Don t panic the housing market won t crash For a man whose declared aim is to make the Bank of England s deliberations boring Mervyn King has a strange way of going about it posted by Bullish Bear 2 56 AM 0 comments Times Online Retailers face end of easy street NO INDUSTRY has been so consistently popular among discerning private investors than retailing all the way from Tesco to Next via Dixons You can run a continuous check on the business what shops look like whether goods are attractive and well priced how many people are buying Over the years this natural preference has proved wise posted by Bullish Bear 2 45 AM 0 comments FT com World UK Oversupply of small properties threatens prices A slowdown in the housing market is raising the spectre of a glut of small flats geared towards buy to let investors and first time buyers posted by Bullish Bear 2 37 AM 0 comments Saturday November 13 2004 Belfast Telegraph Estates could plunge into debt Residents in Ballymena housing estates could be plunged into debt by spiralling household oil prices if they are forced to use oil in a bid to prevent air pollution caused by coal burning it has been warned posted by Boom n Bust 5 08 PM 0 comments Times A step too far for new buyers House prices may be falling but worried lenders are now putting the squeeze on cash strapped aspiring homeowners says Grainne Gilmore posted by Boom n Bust 10 12 AM 0 comments Friday November 12 2004 Mirror Money Weak exports hit manufacturing Manufacturers saw subdued output growth across the UK in the three months to October as exports were hit by weak international demand according to a new report posted by Boom n Bust 1 34 PM 0 comments ThisisMoney Free Merc with every new home FALLING house prices have forced developers to offer a range of sweeteners to potential buyers Clients who buy 350 000 properties from one company can drive away a 33 000 Mercedes posted by Boom n Bust 9 53 AM 0 comments Times Newspaper Chancellor forced to face up to property downturn GORDON BROWN was forced to acknowledge the decisive downturn in Britain s property market as another survey added to evidence of persistent falls in house prices yesterday posted by Boom n Bust 9 44 AM 0 comments Guardian Money worries delay fatherhood says survey Financial fears are among the factors forcing men to delay fatherhood and reduce the number of children they believe they can afford to raise a survey by Virgin Money Life Insurance says posted by Boom n Bust 9 38 AM 0 comments in2perspective Buyers are returning say estate agents The average UK house value fell 1 6 over the last month recording its fifth consecutive monthly fall according to figures from the National Association of Estate Agents posted by Bullish Bear 8 17 AM 0 comments BBC NEWS Business Manufacturers could cut 22 000 About 22 000 jobs in UK manufacturing could be lost in the next three months as output lags in many areas the Confederation of British Industry says posted by Bullish Bear 8 13 AM 0 comments Thursday November 11 2004 ThisisLondon Watchdog to cut credit card fees BANKS are fleecing shoppers of 1bn a year through illegal handling fees on credit card transactions The Office of Fair Trading has ruled that the fees imposed on retailers every time they put a credit card through the till are unfair and too high posted by Boom n Bust 7 12 PM 0 comments Citywire Beware inheritance tax is no longer only for the wealthy Inheritance tax is amongst the most disliked of all taxes yet a survey from Barclays shows that almost three quarters of those questioned were unable to identify the level at which the tax begins to bite posted by Boom n Bust 6 27 PM 0 comments Reuters Brown says house prices moderating The once booming housing market is moderating Chancellor Gordon Brown says House prices are moderating and there is an adjustment in house prices taking place Brown told parliament on Thursday posted by Boom n Bust 3 16 PM 0 comments WHAT MORTGAGE Largest ever drop in housing market confidence Consumers confidence in the housing market has taken a battering says the Woolwich Its latest consumer confidence index showed a drop of 7 per cent in October its lowest level for four years posted by Boom n Bust 1 34 PM 0 comments Scotsman com City housing market slowing down after prices fall A survey by Lloyds TSB has found house prices fell by 1 6 per cent in Edinburgh in the last quarter up to the end of October But experts today insisted annual house prices across the city would continue to rise and that the Lloyds findings had come at a traditionally quiet time of the year for the market posted by Boom n Bust 12 33 PM 0 comments Guardian House prices continue to drop The price of property fell again last month estate agents announced today The figures came a day after a warning from the Bank of England that prices might fall further posted by Boom n Bust 12 08 PM 0 comments Sky News PROPERTY PRICES SLIDE Property prices fell again last month That makes it the fifth consecutive monthly fall according to the National Association of Estate Agents posted by Boom n Bust 11 51 AM 0 comments ThisisLondon House prices fall again Property prices fell again last month but the number of buyers increased slightly as househunters tested the market for bargains UK estate agents said today posted by Webmaster 11 43 AM 0 comments Guardian Bank of England says house prices may fall The Bank of England yesterday issued its first explicit warning that house prices would fall as it signalled to the City that the weakening of the economy in recent months meant interest rates had peaked posted by Boom n Bust 9 40 AM 0 comments Guardian The price of the next generation 50 000 Would be parents look away now the cost of raising a child from birth to the age of 17 in Britain is now nudging 50 000 A survey published today finds parents spend an average of 2 916 a year on their daughters with sons coming slightly cheaper at 2 790 posted by Boom n Bust 9 39 AM 0 comments Telegraph Money Bank predicts fall in property prices House prices may fall modestly for a period said the Bank of England for the first time yesterday The Bank has taken the unprecedented step of incorporating falling house prices as part of its benchmark scenario for how the UK economy will progress posted by Bullish Bear 8 18 AM 0 comments Independent Bank warns of fall in house prices as economy slows House prices will suffer a modest fall over the next couple of years the Bank of England warned yesterday as it cut its forecast for economic growth posted by Bullish Bear 8 15 AM 0 comments Wednesday November 10 2004 BoE Inflation Report November 2004 The Inflation Report can be viewed as a complete PDF file or in sections Click on the appropriate heading to access the file posted by Boom n Bust 9 09 PM 0 comments DevonNews HOUSE PRICES WILL FALL WARN SURVEYORS House prices in the Westcountry will be hit in areas where windfarms are built a snapshot of the housing market by the Royal Institution of Chartered Surveyors RICS has revealed posted by Boom n Bust 1 31 PM 0 comments Interactive Investor BoE s King seeks to soothe concerns over 1990s style UK housing crash LONDON AFX The In a press briefing following the publication of the central bank s quarterly Inflation Report King conceded some downward adjustment in prices is likely in the months ahead as the ratio of house prices to earnings declines from the recent heady highs posted by Boom n Bust 1 30 PM 0 comments moneyextra Buy to Let Rental yields in recovery mode Rental yields in England have risen by 3 8 from 5 99 to 6 22 over the last three months fuelled by increasing demand as potential buyers rent in anticipation of house price falls That s according to a new report from Landlord Mortgages the Berkshire based buy to let broker posted by Boom n Bust 1 24 PM 0 comments Reuters BoE report suggests rates on hold The BoE s quarterly Inflation Report on Wednesday said the overall outlook has changed little in the last three months though the risks have shifted to the downside posted by Boom n Bust 1 20 PM 0 comments ThisisMoney Oil boom over says think tank LEADING international energy think tank said the oil boom on world markets is over and predicted that prices are likely to fall over the coming months posted by Boom n Bust 9 56 AM 0 comments Mirror ESTATE AGENTS TRICKS REVEALED DAY 2 IN day two of our expose of the dodgy practices of estate agents we blow the whistle on the murky side of selling property We reveal every trick lie and exaggeration used by smooth talking sales negotiators to sell you a property posted by Boom n Bust 9 48 AM 0 comments Mirror WE LL HELP POOR OWN A HOME MILLIONS of low earners struggling to get on the housing ladder will be given a leg up in Labour s next election manifesto posted by Boom n Bust 9 47 AM 0 comments Telegraph Property Who wants to buy a new home now A brand new home loses value the moment someone moves in Any loss is recovered during a boom but in today s stagnant market homebuyers could be in for a nasty shock Ross Clark reports posted by Bullish Bear 8 12 AM 0 comments FT com World UK House prices expected to be included in inflation measure House prices are on track to be included in the inflation index targeted by the Bank of England within thenext two years official statisticians have confirmed posted by Bullish Bear 8 06 AM 0 comments Tuesday November 09 2004 CreditMan Feelgood factor descends to lowest point this year as dark nights draw in Consumer confidence has weakened to its lowest level of the year reflecting fears of rising interest rates higher petrol costs and a dampening housing market according to the latest Consumer Market Outlook report by Experian the global economic forecasting group posted by Boom n Bust 5 24 PM 0 comments moneyextra First time buyers expose themselves to risk Latest reports show house prices are starting to fall for the first time in four years which means that one in five 3 million homeowners in Britain could be exposing themselves to financial risk by only paying the interest off their mortgage with no extra funds set up to pay off the capital So says fee free broker Purely Mortgages in new research posted by Boom n Bust 5 18 PM 0 comments Guardian Calls to ease tax burden on home owners The Council of Mortgage Lenders CML has today called on the government to overhaul the way taxes are charged on property The CML argued that the UK s stamp duty a tax levied when home buyers pay more than 60 000 for a property is among the highest in the developed world posted by Boom n Bust 3 58 PM 0 comments BBC NEWS Business UK oil balance moves into deficit The UK s oil trade balance swung into the red for the first time in 13 years in September the Office for National Statistics ONS has said posted by Webmaster 3 06 PM 0 comments Sky News SHOP SPENDING DIPS Confidence among retailers has suffered another blow A survey reveals sales in October grew at their slowest pace this year posted by Boom n Bust 12 40 PM 0 comments in2perspective Sam borrowers debts balloon House price falls are impacting on thousands of elderly people who released cash from their homes with shared appreciation mortgages or Sams posted by Boom n Bust 12 26 PM 0 comments Reuters Housing market slowdown hits Bovis Housebuilder Bovis Homes says that sales reservations have slowed in recent months in a further sign of a cooling in the country s property market posted by Boom n Bust 12 25 PM 0 comments EveningNews24 Housing

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