The US banking sector is today still reeling from its latest blow, following the announcement yesterday (15th September) from the investment bank giant, Lehman Brothers, that it was filing for bankruptcy.
This is the latest in a line of American banks which have fallen victim to the global credit crunch and only just over a week [...]
Over the course of the last year, since the beginning of the credit crunch, we have been constantly bombarded with the news that property prices in the UK have fallen on a month by month basis, slowly and inexorably chipping away at the level of equity which British home owners hold in their properties above [...]
We are all aware that the average price of a house in the UK has dropped over the course of the last twelve months and the figures as to exactly how much they have dropped by can vary greatly depending on factors such as, the type of property, which region of the country it is [...]
Anybody who is working in the housing or home loan markets will be quick to let you know how difficult times are for them at the moment.
Whether it is an estate agent, mortgage loan broker, builder or surveyor, business is quiet as the market continues to stagnate, following the effects of the credit crunch.
A recent [...]
The number of first time buyers entering the housing and mortgage loan market has been steadily reducing over the course of the past twelve months, but it looks as though they may have to be classified as an endangered species before too long, if the current trend continues.
According to the latest figures from the Council [...]
We reported recently about how local councils were planning to lobby the Government to grant funding so that they were able to offer mortgages and home loans to those who most needed help with funding their house purchase, or were struggling with their existing home loan.
But now the New Local Government Network (NLGN), the body [...]
It is now taking much longer for a home owner living in the UK to sell their property, according to a new survey.
This probably doesn’t come as any surprise to most people who have been paying any attention at all to the news over the past twelve months, since the start of the credit crunch, [...]
