Situation of the UK Housing Market in 2013



After a period of stagnation, the housing market is expected to pick up in the year 2013. The Officer for Budget Responsibility or the OBR feels that the market will see a rise of nearly 20% in the transactions in the coming financial year. And the annual growth is expected to increase by 4.5% by 2015-16.

UK Home Prices Held Down by Eurozone Crisis



UK house prices are likely to remain suppressed due to continuing worries over the Eurozone crisis, and growing concerns over the risk of a double-dip recession, based on the findings of Chesterton Humberts/CEBR December 2011 House Price Poll of Polls report. This report is unique in that it incorporates all of the major national house price indicators and quantifies the results according to historical accuracy.

Scotland Commercial Market Slowing Further



A sagging real estate market has not just affected the business world in the US. News from Scotland tells of commercial real estate deals there having plummeted as confidence in lending continues to drop.

UK facing sharp rise in house repossessions



According to Richard Banks, CEO of UK Asset Resolution, the country is facing a sharp rise in repossessions once interest rates begin to rise.   UK Asset Resolution is the state company which was set up to manage the £80 billion of mortgages formerly owned by banks, which were bailed out by taxpayers during the […]

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