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Britain?s share of the Ireland bail out is reported to be ?7 billion. Let?s just remind ourselves of what ?7 billion means. Seven billion pounds happens to be the total saving that would be made by all the welfare cuts put together. You know: the cuts that the BBC, the Guardian...

The Estate agency licence was launched at the House of Commons by the National Association of Estate Agents (NAEA). The NAEA says more must be done to protect consumers from unprofessional agents. A licensed estate agency branch means consumers are guaranteed that at least one...

House prices fall 0.9 per cent in October with prices down across 56% of the country, this compared to 34% in September and 30% in August. Rising supply and faltering demand off the back of concerns over the economy and cuts in Government spending have led to deteriorating market...

Recent figures from whitehot property, which sells chain free property, says that 80% of repossessed houses advertised on its site are being bought by investors. Current market conditions mean that more investors are looking for affordable property in areas where there is...

Commenting on the Q3 GDP data released this morning, Simon Rubinsohn, RICS Chief Economist said: ?Q3 GDP data released this morning provided another positive surprise (following the unexpectedly strong outturn for Q2). ?A key driver of the recovery according to the official...

Completed property sales in September were 78,000 – down from 82,000 in August and slightly lower than in September last year. This was the first a year-on-year fall in sales in 2010. Meanwhile the Bank of England said mortgage borrowing was becoming more difficult and...

The lender pulled out of new originations in February 2008 when funding conditions became impossible and has since managed its existing back book. However, following the Macquarie deal to provide a revolving warehouse funding facility, Paragon now plans to originate ?200 million...

Lloyds Banking Group, LBG stops offering buy-to-let products via its intermediary channels through either Cheltenham & Gloucester or LTSB Scotland brands from September 25. Buy-to-let lending will still be made available to intermediaries through the lender?s specialist...