Prices Surge In England's Most Expensive Street The average cost of a home in the most expensive street in England has soared by £300,000 during the past year, research showed. More... Housing Market On Hold Ahead Of General Election The housing market is on hold as home buyers and sellers adopt a ’wait and see’ approach in the run up to the general election, estate agents have warned. More... Mps Must ’wake Up’ To The Housing Crisis - Hbf The Home Builders Federation is calling on MPs to ’wake up’ to the mounting housing crisis in England and Wales, stressing that the shortage of homes is fast approaching one million and yet fewer homes are now being built than at any time since 1945. More... February Housing Supply Outstrips Demand Housing supply outstripped demand in February, suggesting house prices could continue to be pushed down in the months to come More... First-time Buyers Given Hope By Mortgage Figures The availability of mortgages requiring a deposit of just ten to 15 per cent - traditionally seen as ideal by first-time buyers - has risen by 90 per cent in the last year, according to Moneyfacts. More... Dell Sells $3 Million Through Twitter Dell said late Thursday that it sold more than $3 million in PCs and accessories through Twitter promotions and other activity on the microblogging service. More... £83 Million Backing For First Time Buyers Housing Minister John Healey has today announced £83 million to get building over 5,700 new and affordable homes stalled by the recession back on track. More... Mel Gibson’s £10m Malibu Mansion For Sale If you have a spare £10million and fancy a mansion in Malibu then Mel Gibson has just the house for you. More... Boy, 12, 'buys £30m Property' The 12-year-old son of the Azerbaijan president has gone on a multi-million pound property spending spree, buying up a series of luxury Dubai waterfront mansions. More... Property Auction Prices Bounce Back The prices of properties sold at auction versus the rest of the market narrowed last month, according to a study to be published on Monday.The improvement will help steady the nerves of property owners and investors following signs of a reversal in fortun More... Foxtons' Troubles Revealed At Last The true financial picture at troubled estate agency Foxtons has emerged after the publication of long overdue financial accounts showing losses of £220m. More... Former British Land Directors To Float Company Three former British Land directors Andrew Jones, Valentine Beresford and Mark Stirling have revealed plans to float a specialist retail property investment company. More... Bovis Swings Back Into Profit Housebuilder Bovis Homes swung back into profit last year after a calamitous 2008, as it forecast that house prices are likely to be stable this year. More... Rising Prices Hit First Time Buyers The number of first time buyers actively looking to purchase a property in London has dropped off significantly in 2010, as a lack of affordability has hit demand, according to estate agent Marsh & Parsons. More... Mortgage Rescue Scheme Failing For Labour It is hugely embarrassing for Labour Ministers that a Labour-dominated Select Committee has slammed the Government's failing schemes to help the victims of the recession. This is yet more evidence that the so-called Mortgage Rescue Scheme has done little More... Oft May Have Trouble With Name Isold But there is one big BUT. The name. iSold could be seen by the OFT to confuse consumers. When a property is placed For Sale, in deed it should be. To have a For Sale board up with iSold in fact would be confusing. More... £3.5 Million For Projects To Refurbish Properties Community organisations are to receive up to £3.5 million helping them to purchase and refurbish existing properties for the benefit of their local communities, Local Government Minister Barbara Follett announced. More... Tesco Turns Estate Agent With Isold Website Tesco is start a web home sales business charging a minimum fixed fee of £999. The move follows a recommendation from the Office of Fair Trading for a change in the law to make it easier for supermarkets and firms like Google to offer property services. More... Bank Of England Keeps Interest Rate At 0.50% The Bank of England said on Thursday it had decided to freeze its key lending rate at a record low level of 0.50 percent, as Britain looks to strengthen its recovery from recession. More... Balfour Beatty Announces Increase In Profits Balfour Beatty has announced an increase in pre-tax profit of 7% to £267M for the year ended 31 December 2009 and a cash balance at year end of £572M. More... House Prices Fall 1.5% House prices fell by 1.5% to £166,587 last month, according to Halifax. More... Cannabis Farm Discovered On Millionaire's Row From the outside, this mansion ticks all the boxes for a homebuyer hoping to move upmarket. Seven bedrooms, exclusive address, leafy surroundings, wrought-iron gates at the entrance to a long, sweeping driveway... More... Gordon Brown 'blunders Cost Every Family £50,000' Gordon Brown's economic blunders have cost every family in Britain £50,000, the Tories claim today. More... Fake Shopfronts To Cover Stores That Have Closed. As High Streets are decimated by the recession - fake business facades have been installed to create the illusion that shops are still occupied. More... Uk Housing Market 'one Of Fastest Improving' The British housing market is improving at a faster rate than property prices across most of the rest of Europe, a report has found. More... Overcrowded Uk Homes Trap 1 Million Children Six years after the Government promised to update the 1935 overcrowding standard - raising the hopes of more than a million children trapped in overcrowded homes - it is now going back on its commitment, according to Shelter. More... London Homeowners Make £13,000 Profit London homeowners made almost £13,000 from rising property prices in January, the highest monthly ’profit’ ever recorded, research has found with the average price now being £336,212. More... Prime London Prices Continue To Climb Shortage of supply in prime central London is supporting property price rises. Knight Frank's Prime Central London Residential Index also revealed that an increasing number of properties in the £5m+ bracket are achieving prices at the same level or more t More... Sellers Achieving 94 Per Cent Of House Prices Consumers selling their properties are achieving almost 94 per cent of their asking prices, bouncing back from a low of 88 per cent a year ago. More... Nearly 4 Million Already In Negative Equity. Nearly four million home owners are already in negative equity, according to a leading research firm GfK. More... Over-65s 'have £765bn Of Housing Wealth' People aged over 65 collectively own property worth £765.18bn on which they do not have a mortgage, according to equity release specialist Key Retirement Solutions. More... Persimmon Seeing Signs Of Spring Persimmon completed 8,976 house sales last year and the housebuilder has seen a 7% increase in sales and steady prices since the start of this year. More... Britons Still Aspire To Home Ownership - Yougov The great British public still overwhelmingly wishes to invest in a new home, but are putting plans on hold because of the problems of raising deposits or obtaining a mortgage according to a YouGov poll published today for the New Homes Marketing Board (N More... Government Launches 30 Year 'energy Loans' The government has launched a new scheme which will allow home owners to borrow money over 30 years to help spread the cost of making their homes more environmentally friendly. More... Millions Approach Retirement In Poverty A recent report by insurance giant Aviva found that one in four pre-retirees (55 to 64 yr olds) has a mortgage. In a fifth of those cases, it is more than £75,000. Those aged between 55 and 64, known as 'pre-retirees', have been unrealistic about their p More... Sussex Agents Banned From Having Sea Front Boards Today on Radio Sussex, Breakfast presenter Neil Pringle highlighted to listeners the fact that Hastings & St Leonard's council are banning estate agents boards alike nearby Hove. The first caller commented that twice his homes had sold through his agents More... Peak District Cold War Bunker On Ebay For £25,000 A Cold War nuclear bunker in the Peak District has attracted bids of almost £25,000. More... Britons Locked Out Of £6m Complex By Developer British investors who spent millions of pounds on flats in a Bulgarian ski resort have accused a local property firm of illegally taking possession of the building and denying them entry. More... Saudi Seeks $640bn Property Investment By 2030 The Saudi property sector is going to need around $640bn in investments over the next 20 years, to help build another 5m housing units, according to a new strategic plan announced by Jeddah Municipality. More... Amy Winehouse Looks At £2.5million Camden Pad Looks like Amy Winehouse is planning on moving back to Camden, the scene of many of her most memorable moments... More... Estate Agent Jailed For Six Years An estate agent who stole the identities of two homeowners in a £2 million mortgage fraud was jailed for six years. More... Stagnation Fears Are Deepening The nine-member Monetary Policy Committee meets this week as the Bank of England's figures are expected to show weak demand for mortgages and consumer credit. More... Mortgage Approvals Drop Sharply Figures revealing a sharp drop in mortgage approvals in January have confirmed that the UK housing market made a slow start to the year. More... Landslip Threatens As Weather Misery Continues More debris came crashing down yesterday from Bervie Braes at Stonehaven, where 100 families were evacuated from their homes. There have also been further slips around the harbour area and a 33ft section of footpath collapsed on the road to Braehead. More... Uk Fears Property Companies Investing Abroad A second FTSE 100 property company has said it plans to focus investment this year in Continental Europe rather than the UK because of doubts about the economy. More... Property Market To Surge On Conservative Party Win The property market surges when more Britons vote for the Conservative party, new figures can disclose. More... Freddie Mac Seeks Fresh Funds Freddie Mac, the second-largest provider of US residential mortgage funds, yesterday said it lost $7.8bn in the fourth quarter and warned it would need to tap more government funds this quarter as the housing market remains fragile. More... Conservatives Pledge To Increase Affordable Homes Those wishing to get a mortgage may be affected by new changes in planning regulations that an incoming Conservative government would introduce, with the party claiming this will increase the construction of affordable homes. More... Home Ownership Falls To Lowest Level In 20yrs Home ownership has plunged to its lowest level for nearly two decades, official figures revealed. The research highlights the nightmare of millions of Britons, particularly the young, who may never be able to afford to buy their own home. More... Lucky Escape After Part Of Holiday Home Falls 30ft A couple has cheated death when part of their holiday home crumbled 30ft down a cliff, just inches from where they were sleeping. More... Ronnie Wood Knocks Millions Off Mansion Price Tag Rolling Stone rocker Ronnie Wood is feeling the effects of the global economic downturn - he's been forced to slash the price of his London mansion by $2.3 million (£1.4 million). More... Rbs Defends £1.3bn Bonuses Despite £3.6bn Losses ROYAL Bank of Scotland today defended paying its bankers £1.3billion in bonuses despite posting losses of £3.6 bn for last year. More... Santander Brings Back The 90% Mortgage There was fresh hope for would-be first time buyers yesterday as banking giant Santander announced it was slashing the deposits it demands from first-time buyers purchasing new-build properties. More... Solicitors Demand End To Estate Agent 'bribes' More and more solicitors are speaking out against their colleagues who effectively ‘bribe' estate agent to give them conveyancing work by paying them referral fees. More... Mortgage Company In Breach Of Data Protection Act The Information Commissioner's Office (ICO) has found Redstone Mortgages Ltd in breach of the Data Protection Act (DPA). More... Beckham Bids For George Clooney's £26m Villa It's on the market because its famous owner is disillusioned with members of the public and photographers hanging around outside. More... Cheryl And Ashley Cole's Home Loses Value Cheryl and Ashley Cole risk selling their Surrey house at a loss if they put it on the market now, says Zoopla.co.uk More... Rich Norfolk Farmer Tricked By Daughters For Home A millionaire farmer was "plied" with booze and sleeping tablets by his daughters before they forced him to sign a will leaving them £600,000, it was alleged yesterday. George Key, 89, was grieving for his wife - who died after a 65-year marriage - when h More... Call For Transparent Property Fees The group said property professionals should be required to give a full explanation about the breakdown of their fees. Peter Bolton King, chief executive of the National Association of Estate Agents and the Association of Residential Letting Agents, said: More... Barratt Sees Demand For Houses Jump Housebuilder Barratt Developments today said customer demand for homes and prices continued to recover as it reported a 27% increase in half-year orders. But the firm said mortgage availability continued to be constrained, adding that it was focused on it More... Bank Chief Says China House Prices Are Frightening The head of state-owned conglomerate China Everbright Holdings has warned of the dangers of rising property prices on the mainland and said that because of market volatility the group would be cautious about investing in the sector this year. More... Clifftop Home Loses Garden 6 Days After Being Sold A homeowner who splashed out £150,000 on a clifftop house suffered a property crash just days later - when the bottom of the garden collapsed in a massive rock fall. More... London Property Sales Up London-based estate agent Fraser & Co has sold more than 160 new homes from some of the UK’s largest developers in January, thanks to massive interest from Far Eastern buyers. More... Mortgage Loan Total 'fell Sharply' In January The number of mortgages that the UK's biggest banks agreed with home buyers "fell sharply" in January, the British Bankers' Association (BBA) has said. More... A Captive Audience For Agents Instructions 'If you haven't got it, you can't sell it'. INEA last week launched it's first agents in-store screens into a village shop at Charing, Kent. The store has around 200 visitors a day. The basis is to push agent branding in local communities and pick up loca More...