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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 […]

UK risk of property double dip increases

Published on 13/10/2010 By Tomas

Published by Belfast Telegraph Thursday, 7 October 2010   The world economy faces a marked slowdown later this year with “persistently high” unemployment and the UK runs the risk of a “double dip” in the property market, the International Monetary Fund has warned. As the fund and the World Bank prepare for their annual meetings […]