During November we saw the lowest volume of houses sold for 30 years marking the fact Britain is now in deep recession.
The squeeze on lending coupled with falling house prices, low confidence and uncertainty in the employment market is causing the lack of property sales.
Falling property prices are great for first-time buyers and investors that [...]

The Bank of England has once again cut interest rates in a hope to stimulate the property market, but it still may not be enough. The cut in interest rate was welcomed throughout the property industry but analysts believe this won’t be enough to stimulate the market. 
The interest rate was cut by 1% making the [...]

Abbey one of the UK’s biggest mortgage lenders has raised the cost of borrowing just before the expected rate cut by the Bank of England on Thursday the 6th November. Abbey have increased the rate on tracker mortgages negating any benefit customers would have received from a 0.5% rate cut.
The prediction in rate cut is [...]