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Nationwide Building Society fails to pass on rate cut - 15th, October, 2008

Biggest building society yesterday announced it would not be passing on the benefit of last week's 0.5% cut in interest rates, and would reduce its standard mortgage rate by just 0.3%.

British homeowners plan to make structural changes to their properties - 14th, October, 2008

Over a 5th of British homeowners plan to undertake major structural changes to their properties between May 2008 and May 2009, according to Sainsbury's Insurance. New rules from October 1st will allow loft conversions and rear extensions to be added to homes without owners having to seek planning permission.

Gap between asking and selling prices is widening - 12th, October, 2008

Houses are selling at an average of nine per cent below the asking price in the UK with sellers in some regions being forced to accept as much as 12.5 per cent discount off their advertised price.

Retirees use Pensions used to pay off mortgage debt - 13th, September, 2008

Retirees all over the country are using the tax-free sum of money paid out by their pensions to pay the outstanding debt they owe on their mortgages and other debts.

Stamp duty confusion ‘delaying sales’ - 13th, August, 2008

A survey of members conducted by the National Association of Estate Agents (NAEA), has produced one of the largest responses from estate agents with over 1350 replies demonstrating what a contentious issue the recent stamp duty ‘announcement' is and the effect it has had on the property market.

Buyer Demand Has Halved Since Credit Crunch Began - 1st, July, 2008

New buyer registrations fell by -5.7 per cent in June, says Hometrack…