11th August

Credit Crunch Update - Property prices are now 12% down compared to this time last year, according to announcements by the Halifax today. This has meant that the average home in the United Kingdom has reduced by £20,000 in the last year. There appears to be no light at the end of the tunnel for struggling homeowners with interest rates remaining unchanged at 5%....

12th August

Empty Property Tax Hitting Commercial Landlords - A new tax on empty buildings and properties is hitting businesses, putting off commercial developers from implementing new builds, investing in re-generating the of old (empty) commercial buildings and causing an increasing un-economic number of buildings to be demolished.

18th August

Housing Crisis Continues... - The impact of the credit crunch is also changing the structure of mortgage market. Traditionally, the UK mortgage market has been a diverse and highly competitive one. Building societies and specialist intermediaries had a strong market presence....

19th August

Rents Go Up, House Prices Come Down... - Those homebuyers not wishing to sell, but needing to move for other reasons, are choosing to rent instead. There are lots of reasons why people have to move home; people moving between jobs in different parts of the country, people getting married or divorced, and couples expecting babies.

20th August

Empty Blocks of Flats - At the height of the recent property boom, the type of building that proved most  popular with investors was the individual flat in a block. Whilst converted flats in existing dwelling houses have always been popular, especially in city locations, these were in the main owner occupied by persons wishing to be near to their place of work or by persons with smaller families, wanting to get a foot on the housing ladder but unable to afford city prices for larger properties....

26th August

Mortgage Approvals Collapse - The number of the approved mortgages for UK property purchases in July was almost two thirds lower than the same time last year, recent figures show. Just 20,448 mortgages were approved during the month which represents 65% drop in July 2007....