FROM OTHER NEWS SITES
DAILY TELEGRAPH OECD: fifth of British teenagers 'drop out of school at 16' - Thu, 09 Feb 2012 16:36:50 GMT
OECD: fifth of British teenagers 'drop out of school at 16' - Thu, 09 Feb 2012 16:38:34 GMT
FINANCIAL TIMES Greek parties agree austerity cuts - Thu, 09 Feb 2012 12:49:37 GMT
Greek parties agree austerity cuts - Thu, 09 Feb 2012 16:02:08 GMT
BBC NEWS BBC News - Business - Thu, 09 Feb 2012 16:54:02 GMT
BBC News - Business - Thu, 09 Feb 2012 12:51:04 GMT
Poll
Current Issues
New Issue
Special supplement
Special supplement
Jobs
Jobs of the Week
Upcoming Events
CML: Mortgage arrears and possessions conference at the The Midland Hotel, Peter Street, Manchester, M60 2DS
December heralds further house price fall
The latest house price figures from Nationwide showed a reduction of 0.5 per cent on the average property price in December
The second monthly decline experienced by the index left the average price of a UK property at just £8,334 higher than one year ago.
In addition, the three-month on three-month rate of growth – a smoother indicator of house price trends – fell from 1.4 per cent in November to 0.9 per cent in December, the lowest since November 2005.
The lender said that whilst rate cuts will help ease the burden of mortgage repayments in 2008, it is unlikely that they will re-ignite the housing market in the same way as back in 2005.
- HoC grows secured loans business
- Cassidy Davis launches 24-hour support service
- One in four still in the dark about equity release
- Brokers need commercial guidance
- Pre-retirees focus on financial agenda
- BTL yields to rise by 0.5 per cent
- Financial fear pervading the nation
- Hackney tipped to be 2008's rising star
- Self-cert and BTL 'vital' to packager success
- Trigold unveils CRM partners
- OpenBook forges HIP alliance
- Hometrack reports third consecutive price drop