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Property

RICS survey indicates slower momentum in UK housing market

The boom in UK house prices has begun to slow down according to the Royal Institute of Chartered Surveyors (RICS), which released its UK Residential Market Survey for August 2014 on Thursday. Buyer demand fell for the second consecutive month […]

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London property

CBI launches business manifesto to boost housing market and drive economic growth

A manifesto that includes proposals to get Britain building was released on Monday by UK business lobbying organisation the Confederation of British Industry (CBI), which revealed that housing

Construction in London

Confidence in UK construction sector grows

A report published on Tuesday by British full service law firm Irwin Mitchell reveals that nearly 70% of UK construction firms have grown more optimistic about future prospects

mortgage

Greater London sees 27% growth in loans to first-time buyers

First-time buyers in Greater London borrowed GBP3bn in the second quarter 2014, an increase of 27% on the same period a year ago and up 10% on the

Bank of England

Bank of England proposes measures for short term risks in UK housing market

The Bank of England, the central bank of the UK, reported on Thursday that it made recommendations for the implementation of loan-to-income ratio limit for mortgage

mortgage

UK mortgage approval volumes take a downward turn in May – BBA

UK banking and financial services association BBA released its latest figures for British high street banks on Tuesday, which reveal that mortgage approvals decreased in May

Mordern housing in England

Twenty new housing zones to be created in London

New housing zones are to be created in London, creating 50,000 new homes, the UK government's Chancellor of the Exchequer, George Osborne, and the Mayor of

Property

London house prices rising faster than rest of UK

The UK's Office for National Statistics (ONS) released its latest statistical bulletin for the UK House Price Index, March 2014 on Tuesday, which show that house price annual

House Prices fall to record levels.

Ireland Expects Number of Repossessed Houses to Grow

Financial experts in Ireland are worried that the country's financial crisis will lead to a spike in the number of repossessed houses in that country. Repossessions have remained

Construction in London

Markit/CIPS UK survey shows sharp rise in UK construction last month

Independent provider of business surveys Markit Economics and the Chartered Institute of Purchasing & Supply (CIPS), a procurement and supply professional organisation, published the seasonally adjusted

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