Live Industry News

The sharp slowdown in mortgage lending has affected the sales of BoKloks, the Swedish retailer's prefabricated housing targeted at first-time buyers on modest incomes

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The Dubai government has launched a takeover approach for the London developer, after a period of months in which other suitors revealed their interest

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Flurry of excitement that Enterprise becoming a Reit marks a sea change in the UK's £20bn-a-year pub industry

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Enterprise Inns Reit strategy may prompt a flurry of copycat moves, but investors are cautious about property

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The value of upmarket City property is under pressure due to economic uncertainty and the jobs squeeze while the market outside London is more robust, says Savills

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Investor confidence in the property funds sector, once the darling of the investment community, was showing strong signs of recovery in spite of deteriorating credit conditions

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Pub groups could face major change after Enterprise Inns received the go-ahead to convert to a tax-efficient real estate investment trust

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The misstatement that the US economy grew in the first quarter creates an mistakenly sanguine view of the months ahead, writes Martin Feldstein

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The estate agency said demand for tenancies in the City of London had reduced 'significantly' and residential sales volumes in the capital had seen a 'sharp fall'

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The housing market decline has frozen the volume of deals, equating to about 150 branches going bust every month, mainly single-shop independent operators

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Providers cut maximum loan amounts on new-build properties and withdraw many competitive rates to be more into line with others that have already pared back lending

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Bovis's disappointing figures over the 'spring selling season' confounded industry chiefs' optimism last week that said falling new-house figures were a temporary blip

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Housebuilder Bovis joins the list of developers warning of lower sales, as it reports 70% fewer homes sold over the past eight weeks than it did last year

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Aberdeen Asset Management said property market may have seen the worst of the losses as it bought back its former UK property management arm from Australia's Goodman Group for an initial £89m

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Bovis Homes became the latest housebuilder to warn of the rapid deterioration in the housing market as it warned first-half profits would be 'significantly lower' than last year

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The number of people under threat of losing their homes has risen sharply in England and Wales, figures show.

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Alliance and Leicester joins other lenders in charging new customers with smaller deposits higher rates.

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One in three European consumers buying plane tickets online is being misled, the European Commission warns.

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Homeowners in England and Wales are given extra time to comply with the final rules for Home Information Packs.

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Some insurance comparison websites give incorrect information, a probe by watchdog the FSA finds.

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More than a million adults a year in the UK are inheriting money from their relatives, new research reveals.

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Northern Rock shareholders are launching a court challenge over compensation they are due to receive.

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Mortgage markets will take two years to recover from the credit squeeze, the Building Societies Association says.

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A third of all complaints about charity fundraising come from people unhappy with junk mail, figures show.

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Some of the UK's biggest employers will offload their pension schemes in the coming year, a report says.

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The Woolwich is the latest big lender to demand a 10% deposit from all new mortgage borrowers.

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Opening up the UK postal service has offered "no significant benefit" for homes and small firms, a study says.

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A mortgage broker from South London is banned for submitting fraudulent mortgage applications.

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Internal disciplinary hearings by Npower are coming to an end following allegations of mis-selling by some of its staff.

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Mortgage brokers complain of not being allowed to offer some new mortgage deals to potential borrowers.

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Property sellers in the UK will not have to complete information packs on their homes until the end of year.

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Banks and building societies are continuing to introduce measures to prevent customers from taking out standard variable rate (SVR) mortgages.

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UK house prices fell by 0.2 per cent in April, while the March figure was revised downward to show a 0.2 per cent fall in the first back-to-back monthly reading of falling house prices since April 1995

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Just months after commercial property fund valuations fell rapidly, managers are launching more products, citing new opportunities in global real estate

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Mortgage rates are expected to rise again in coming weeks, in spite of the Bank of England's unprecedented intervention to ease liquidity in the banking system.

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Interested in a flat on the Riviera or overlooking the Neva in St Petersburg? Purchasing homes far from London is tempting given the rise in price of upscale properties elsewhere in 2007.

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UK lenders have told Alistair Darling they cannot throw an immediate lifeline to beleaguered mortgage holders by passing on cuts in the base rate

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Britons with euro mortgages can safeguard themselves against further sterling weakness

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The pound's record low against the euro impacts share and property investing as well as holidays

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Landlords are having to pump a greater amount of their own capital into their property investments, just as house prices are looking unstable, as more buy-to-let lenders have scaled back their maximum loan sizes.

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Borrowers are being priced out of two-year mortgages and are having to lock into longer deals, following sharp increases to short-term interest rates.

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A warning to UK homebuyers that mortgage lending could halve this year prompted a pledge from the chancellor, to do 'everything I possibly can' to restore normality

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As well as rising interest rates, harsher lending criteria and fewer deals available, one of the biggest problems facing those looking for a mortgage is the rapidity with which new mortgage offers are being withdrawn.

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With mortgage costs rising and job losses now expected in the financial services and other sectors, homeowners are being advised to protect themselves against loss of income

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Retail investors who lost money by investing in UK property funds are said to be planning legal action in a bid to recover their losses

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