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UK property rents fall for first time in 11 months

Published on 29/01/2011 By Tomas

Published by Property Community on Monday, 24 January 2011 by Ray Clancy   Property rents in the UK have fallen for the first time in 11 months, dropping by 1.2% in December to an average £684 per month, according to a new report. Rents fell for the first time since January 2010, according to the […]

Repossessions to rise in 2011 lenders forecast

Published on 16/12/2010 By Tomas

Published by Property Community on Wednesday, 15 December 2010 by Ray Clancy   Mortgage arrears and repossessions will rise modestly next year, the Council of Mortgage Lenders (CML) predicts. Its annual forecast for the UK property market paints a picture of continued stagnation, with the current low level of sales persisting, and prices falling modestly […]

New FSA Rules

Published on 28/06/2010 By Tomas

“New protection for struggling homeowners” Source – Moneyfacts.co.uk New rules are to be introduced which will ensure there are proper protections in place for vulnerable homeowners in arrears on theirmortgages or people entering sale and rent back agreements. The Financial Services Authority (FSA) has said customers in arrears must be treated fairly by firms and […]