Latest news, information, data and analysis on UK property prices, house prices and the affect on mortgages and homeowners.
Created by Telegraphfinance on 27/09/2008
Last updated: 07/10/10 at 21:34
The September house price data from the Halifax has caused quite a ripple.
Buyers and sellers alike will be wondering what exactly it means for them.
Are buyers now in a position to offer far less on properties, to really play
hardball? And should sellers be significantly reducing their expectations
about what they can achieve and lowering their asking prices accordingly?
Homeowners paid down their mortgages by an extra £6.2bn in the three months to
June, proving that Britain's new-found financial prudence shows no signs of
The number of mortgages approved for house purchase rose to its highest level
this year during May, figures show.
Rally leaves prices less than 10pc below peak reached before slump.
Only one in four people planning to buy a home are first-time buyers.
Building society Nationwide said it was too early to know whether it was the
start of a sustained drop.
A second mortgage credit crunch that will send UK house prices into a new
tailspin is looming, say economists and credit experts.
House prices jumped at their sharpest pace in five months in January, taking
the annual rate of increase to a two-year high.
First time buyers are weighing up whether it's the right time to jump on the
UK house prices enjoy strong performance after a 5.9pc gain in 2009,
House prices continued to rise during November, research showed today.
House prices have risen for the fifth month in a row.
Property values in rural areas have held up better than in towns and cities during the past year according to research.
UK house prices climbed for a second month in August in the latest sign that low interest rates and the decline of the last two years are attracting buyers.
House prices edged ahead by 0.1 per cent during August as the market continued to be supported by a shortage of homes for sale research for Hometrack found.
Sterling fell broadly on Thursday as surprisingly strong UK house price data failed to dent the view that UK monetary policy will be kept ultra loose to revive the economy depressing market interest rates.
Savills says City financiers and overseas buyers boosted the prime London housing market in the first half.
Home owners who fail to install double glazing or take other measures to insulate their homes could be forced to pay more Council Tax under new proposals.
CML figures show 23pc jump in the number of mortgages in June.
The north south divide in house prices is expected to widen as the latest housing survey from the Royal Institution of Chartered Surveyors shows people in the north are quicker to put their houses up for sale.
Repossessions may be lower than expected this year as the Council of Mortgage Lenders reduced its forecast amid an improving housing market.
Halifax echoed Nationwide on Thursday by claiming that UK house prices rose in May jumping by a massive 2.6pc.
Pensioners relying on the value of their homes to fund their retirement have seen more than £46 million disappear from their pension pots due to the slump in house prices.
Home owners are using their savings to pay off a record amount of their mortgages figures reveal.
Four experts explain why the housing market has failed to follow the rise of shares.
You may soon be unable to borrow more than three times your annual salaries under new borrowing rules.
A drop in house prices of 6 per cent over six months would put a borrower who has a 75 per cent LTV on a loan size of £187500 in the 90 per cent LTV bracket.
House prices continued to fall during February despite an increase in activity in the market new figures indicate.
House prices in the UK dropped by 2.3 per cent during December pushing the annual rate at which values are falling to a new record figures show.
In hard times it's more important than ever to ensure that you pay no more than necessary for the essentials of life. In our list of 50 ways to get the most from your money here are seven tips on mortgages.
The housing market has slumped further despite the Government's rescue package new figures from the Royal Institution of Chartered Surveyors have disclosed.
House prices rose in January for the first time in 11 months according to the Halifax building society.
House prices fall for a fifteenth straight month in January as the recession adds further downward pressure on the market.
Britain's first straw council houses are to be built in a bid to cut costs and energy consumption.
Millions of homeowners could benefit from lower buildings insurance later this year thanks to the crisis in the construction industry.
Firsttime buyers should head to Hounslow if they want the best value for money a new report revealed.
Margaret Beckett the housing minister has been strongly criticised for claiming there were signs of an 'upturn' in the property market.
An estate agent is hosting a countywide "house crawl" next week in a radical attempt to woo reluctant buyers to visit all the properties on their books.
Aside from further house price falls the biggest challenge for landlords this year will be a decline in rents as supply increases and the cost of renting starts to become less attractive.
Landlords trying to come off shortterm fixed rates are likely to find it difficult if their equity level is low and could find themselves facing higher rates or larger arrangement fees to get refinancing.
British people are the most pessimistic about the financial crisis compared with other major economies and do not believe that the Government has the policies to manage the situation according to an international poll.
The housing market has slumped even further with new figures showing estate agents are selling less than one house a week.
Falling house prices have made it easier to trade up from the very bottom of the property ladder than at any point in the past five years figures suggest.
As Barack Obama prepares to enter the White House a replica complete with its own Oval Office has been put up for sale in Atlanta Georgia.
We asked a panel of experts what 2009 will bring for buytolet landlords.
Up to 6m home owners on variablerate mortgages will benefit from the base rate cut experts say.
The value of country homes has declined at a record level as figures from Knight Frank reveal home owners who work in banking and financial services are among the worse hit by the property slump.
Home owners have seen £3000 a month knocked off the value of their properties in the past year as average house prices fell to August 2004 levels.
Halifax and Nationwide the mortgage lenders responsible for the two most widelywatched surveys of Britain's housing market have given up making forecasts for 2009 after their 2008 predictions proved far too optimistic.
Prices plummeted 16.2pc last year and Halifax sees little respite for prices in 2009.