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Following the credit crunch, banks and building societies are facing increasing difficulties being able to provide loans and mortgages for individuals due to a lack of available funds in the wholesale money market.
Earlier this year the Bank of England injected £50 billion into the banking sector, under its special liquidity scheme, in order to try [...]

We reported yesterday about how the average price of a house in the UK has dropped consistently now for ten months in a row, making many people reluctant to apply for any type of loan or mortgage to buy a new house, due to the probability that they will be able to purchase the same [...]

We have all now become used to the news that house prices have fallen yet again, in fact most of us who take any interest in such things have come to expect the same announcement each month and, of course this month is no exception.
The latest survey figures from Hometrack have shown that prices have [...]

Since the onset of the credit crunch, the ability of lenders to grant mortgages and home loans to individuals wanting high loan to value ratios and high income multiples has been dramatically affected, with most lenders restricting their criteria severely as they struggle with their own liquidity problems.
The limitations which have been imposed by loan [...]

There has been a lot of discussion with regard to the housing market over the past few months since the onset of the global credit crunch, with particular reference usually being given to those looking to buy a new property and the difficulties they are probably experiencing in being able to be accepted for a [...]

When most people move house, particularly if they are moving up the housing ladder, usually depends on the level of equity which they have built up in their existing home to assist them with the purchase of the new house.
If they have owned the property for a number of years it is quite possible that [...]

The recent turmoil in the housing market, over the past few months following the effects of the credit crunch, has had a profoundly negative effect on the number of first time buyers starting out on the property ladder.
With the average price of a house reducing on a month by month basis at the present time, [...]