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The number of mortgage borrowers in negative equity – where their loan is bigger than the value of their house – is 827,000, lenders have calculated.The Council of Mortgage Lenders (CML) said the figures, for the first quarter of 2011, suggest the problem is not as great as in the early 1990s. Then, an estimated 1.6 [...] House price changes in the different regions of England and Wales varied sharply in June new figures from Land Registry show.There was a 2.8% rise in prices in Wales from May to June, but a 2.1% fall in the same period in the north-east of England, the data showed. But, on average prices were unchanged, with [...] People trying to sell their homes have dropped their asking prices for the first time this year.The research finds that asking prices dropped by 1.6% this month, or £3,797 on average per property. The sluggish market this year has meant that 70% of homes put up for sale in 2011 have still not found a buyer, [...] The UK housing market is facing “significant headwinds” despite prices rising slightly in June warns to the Halifax.House prices rallied 1.2pc in June on the previous month, Halifax reported, offering a glimmer of hope for the market which has seen prices sliding steadily downwards. The lender, which is now part of nationalised Lloyds Banking Group, said [...] UK house prices kept falling in England and Wales according to the Land Registry. The fall in prices means the average property in England and Wales is now worth £161,823. Only in London [...] 60 repossession hotspots are revealed in a report by housing charity Shelter.Corby in the east Midlands is named the place with the highest proportion of homeowners at serious risk of losing the roof over their head. Shelter said the worst blackspot for repossessions was in Corby, which had the highest rate of “at risk” homeowners – [...] House repossessions are likely to rise again next year the Council of Mortgage lenders (CML) has warned. Mortgage rationing which has depressed UK property sales will stay in force until at least the end of [...] The number of mortgages approved for house purchases hit a new low in April Bank of England official figures show.At just 45,166, the number of new approvals was the lowest April figure since the Bank’s records began in 1992. Analysts said the data may have been affected by the number of public holidays in April. However, the [...] Mortgage lending fell back in April due to seasonal factors the Council of Mortgage Lenders (CML) has found. The figures point to the continued stagnation of the property market, with few sales and prices [...] House prices in England and Wales are still falling according to the latest survey from the Land Registry. The Land Registry figures cover all completed sales in England and Wales. They shows that prices have been falling [...] Registered Office in England, 24 Charlton Drive, GL53 8ES, UK- 3506015 • Data Protection Registration Number- PZ5407728
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