Property finance and investment news

Bonuses set to plunge 70%

City bonus party over - property market to suffer

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.

According to research into the London and City economy by the centre for... 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

Subprime borrowers try to improve credit ratings
The banking crisis may have finally shocked Brits out of their financial apathy, with one in five sub-prime borrowers now trying to improve their credit records. Full Story
Start mortgage search 6 months early
Homeowners looking to remortgage are being urged to seek out a new deal six months before the current rate expires. Full Story
Mortgage crunch: Deals still out there
The last week has seen the number of mortgages on the market contract by ten per cent, but this is not a disaster for those remortgaging and home buyers. Full Story

Home information packs

NAEA & Rics launch joint Hips attack
In case homebuyers had forgotten about home information packs (Hips) the National Association of Estate Agents (NAEA) has launched a brand new, scathing attack today.Full Story

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Forthcoming property investment shows

The Property Investor and Homebuyer Show, Glasgow
October 19th – October 21st 2007, SECC, Glasgow One of the biggest investment exhibition...more
London Landlord Day
4th September 2008, Olympia, London Organised by the London Landlord Partnership, London Landlord Day is a gathering of the city's investors to discuss all elements of the rental market....more

property exhibitions

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Buy-to-let investors

Buy-to-let mortgages disappear
The nationalisation of Bradford & Bingley has sparked a withdrawal of buy-to-let deals from the market, leaving landlords without finance. Full Story

First-time buyers

Drop in first-time buyer loans
Tighter lending criteria has led to a 48 per cent fall in loans to first-time buyers in July. Full Story

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