NFB to exit Construction Confederation
The National Federation of Builders (NFB) is to leave the Construction Confederation at the end of 2009.
Bovis sells off unsold stock in biggest deal to date
Bovis Homes has put forward its unsold housing stock to be used as affordable housing in the largest deal to date through the government’s national clearing ho…
Construction activity falls to record low - PMI
The extent of the construction slump has been made clear, with the latest Construction Purchasing Managers’ Index (PMI) falling to a new low.
House prices plummet 15.9% and \"bumpy ride\" predicted - Nationwide
House prices fell by a total of 15.9% in 2008, Nationwide has reported.
Home owners become \"reluctant landlords\" - LV=
Home owners are resorting to renting their properties instead of selling them as the housing market slump continues, LV= Home Insurance has said.
Hometrack shows 0.9% house price fall in December
House prices in December dipped 0.9% bringing the total house price fall over 2008 to 8.7%, Hometrack’s latest national housing market survey revealed.
TW to reach debt agreement by year end
Taylor Wimpey has said that it expects to reach an agreement with lenders over its debt covenants before the end of the year.
Hometrack casts predictions for housing and mortgage markets
Hometrack has made its predictions for the housing mortgage markets into the new year and beyond, noting that there are many ways that the economy could turn i…
CML predicts significant increase in mortgage arrears
The Council of Mortgage Lenders (CML) has predicted 2009 to be a “very tough year” in the mortgage market, with the number of households in arrears of more tha…
Government\'s bank rescue package has failed - DT
The Bank of England has reportedly warned that the government’s bank bailout has not worked.
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