The Bank of England held rates at 0.5% and to continue with its £175bn quantitative easing programme.
Optimistically, Roger Bootle of Capital Economics predicted that rates would stay at this level for 5 years.
The house buyers preferred choice at the moment is for tracker mortgages anticipating that rates will stay low for some time.
The no [...]

 
UK House Asking Prices Increased in September according to Hometrack.
The report adds to evidence that the housing market may be starting to level off after the credit squeeze ended a decade- long boom. The rises were mainly in London and the South East and partly due to the lack of property coming on the market.
It [...]

 
Over a third of UK homeowners surveyed are not prepared to drop their asking price to sell their property following signs that the housing market is picking up.

Around 35% of people with a property on the market said they would not accept an offer of less than the full [...]

 
A new range of shared equity and shared ownership products to be distributed solely through brokers has been launched by Halifax as part of the lender’s bid to boost access to the housing market especially for first time buyers.
Low up-front fees and cash-back for conveyancing costs are some of the features in the new range [...]

 
A recent survey reveals that 20% of people think that the housing market will recover by the end of the year and a further 4% think that the end of 2010 is more likely.
The research by uSwitch also reveals that 6 million consumers predict that that the UK economy will emerge from recession before the [...]