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As the Bank of England figures show mortgage lending at their second lowest level since records began a think tank calls for new home cash incentives. Instead of the current system where council [...] Sellers have been asking for lower prices for property as buyer interest has dropped during the holiday season, a survey has suggested. It said that, with many potential buyers on holiday, the over-supply has led to asking prices falling in August. The [...] Figures from the Bank of England show that the number of mortgages approved for UK home buyers was barely changed in July at 48,722. The Bank’s figures show that in July, [...] House prices fell for the second month in a row in August, according to the Nationwide building society. The average house price now stands at just [...] Homeowners who bought at the peak of the market face four more years of negative equity, a housing group said. They may now have to wait until 2014 before prices recover enough to make their homes worth more than [...] The property boom that home owners have enjoyed during the past year has ended as the latest housing survey shows home buyers retreating over concerns about the economy. This reduced demand is combined with an increase in the [...] House prices are starting to fall, the latest survey by the Royal Institution of Chartered Surveyors (Rics) has said. Rics said this was because more homes were being put up for sale, while inquiries from potential new buyers [...] A third of all properties for sale have seen their prices reduced amid an uncertain outlook for the housing market, a new survey suggests. The highest average price reductions were in [...] UK house prices have continued to rise in July according to the latest report from the Halifax.Prices rose 0.6% in July, the Halifax said, reversing a fall seen in June, but values have changed little since the start of the year. The annual house price inflation rate fell from 6.3% to 4.9%, with the average property [...] The Royal Institution of Chartered Surveyors (RICS) has said that it expects prices to start falling in the second half of this year, as sellers started to outnumber buyers. “Significantly, all the key forward looking indicators compiled by Rics [...] Registered Office in England, 24 Charlton Drive, GL53 8ES, UK- 3506015 • Data Protection Registration Number- PZ5407728
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