27 May 2008 Archive
Regional property market stabilises
While the national picture remains gloomy, regionally parts of the UK are settling. |
Moving home now costs £1.5bn
Moving home is costing UK businesses £1.5 billion in lost hours as employees organise their new homes from the work. |
US house prices fall 14%
Property prices in the US fell by over 14 per cent in the last 12 months. |
Empty homes increase
There are now more empty homes in the UK, despite government initiative to stem the tide of idle homes. |
Mortgage lending falls 40%
Just 38,704 mortgages were issued by UK banks during April, as the property slowdown and the credit crunch lead the UK market to head to a halt. |
One in five subprime mortgage customers miss payments
Over a fifth of all subprime mortgage customers in the UK have missed at least one repayment. |
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