Property news

FT: House prices down 4.3%

House prices down as market falls into chilly autumn

House prices fell 4.3 per cent in the last year, new data reveal.

The FT House Price Index for September show a 1.1 per cent fall in prices over the month – with all ten regions in England and Wales seeing prices falling.

The fall compares with an annual drop of Full Story

Bonuses set to plunge 70%
The bonus culture is over and City workers can expect next year's payment to be down 70 per cent from their peak, according to analysts, prompting further losses in demand for the property market. Full Story
Right location worth £20,000
It really is location, location, location when it comes to buying a dream home – with many prepared to pay a premium of £20,000 to secure the perfect spot. Full Story
Record house price falls of 13%
The latest report from Halifax finds house prices in the UK property market fell by a record 13.3 per cent year-on-year in September. Full Story

Bail out 'should save mortgage market'
The government's £500 billion bailout package should help the mortgage market recover stability. Full Story
Bank of England cuts interest rates by 0.5%
Gordon Brown announced to the House of Commons at midday the Bank of England is cutting interest rates by half a percentage point, as the world's central banks lower the cost of borrowing. Full Story
Brown: "Radical" £50bn bank bail out
Gordon Brown and Alistair Darling have put forward their plans to fix the credit markets seeing the taxpayer becoming shareholders of the major banks. Full Story

Features

Spotting the next property hotspot
With the UK property market in the doldrums investors are looking for the next bargain, and aboutproperty. Full Story

When does a fall become a crash?

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Overseas property

US bails out Fannie Mae and Freddie Mac
The US government has stepped in to save mortgage giants Fannie Mae and Freddie Mac. Full Story

Property finance

Bonuses set to plunge 70%
The bonus culture is over and City workers can expect next year's payment to be down 70 per cent from their peak, according to analysts, prompting further losses in demand for the property market. Full Story

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