House prices
The latest Mortgage Solutions poll has revealed eight out of ten brokers have suffered credit problems with their bank in the last 12 months.
The only way is up Yazz said in 1988 and the UK has certainly taken that message to heart for housing in the last 15 years or so, with every double digit annual house price increase trumpeted as a Good Thing.
Nationwide's chief economist, Martin Gahbauer, has called the house price falls of the last two months "not an unhealthy development". Do you think further declines in property prices will boost mortgage activity?
Other House prices articles
House prices fell for the second consecutive month in August, by 0.9%, the first time prices have dropped for two months in a row since February 2009, according to Nationwide.
The average detached family home has increased in value by £91 a day over the past year, more than any other type of property, according to Halifax.
Demand for housing dropped for the second month in a row in August by 2.2%, as the supply of homes for sale jumped 2.4%, according to Hometrack.
Figures continue to show that house price inflation is stagnating, with the latest Land Registry figures revealing that property prices rose just 0.4% in July.
Assetz House Price Watch reveals that average UK property prices were 6.1% higher this July than last, currently standing at £200,913.
The recovery of the Scottish property market appears to have stuttered to a halt, with quarterly house price growth for the three months to 31 July falling 2.9% on the previous quarter, according to Lloyds TSB Scotland.
Northern coastal towns have come out top for having the best quality of life and most affordable housing in Britain, according to Halifax.
Housing transactions increased for the second consecutive month in July, rising 11.1% on June to around 72,100, according to the latest research.
Savills has revised its UK house price forecasts, warning that property prices are on the cusp of further falls after 15 months of “unsustainable” price growth.
July has proved one of the strongest months of the year so far for the housing market as demand rose, according to the National Association of Estate Agents (NAEA).
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