HBF calls for action to \"avoid widespread redundancies\"
The HBF has called for government to take further urgent action to halt apparently rapidly deteriorating conditions in the housing market, in a bid to halt wid…
Redrow reports historically difficult trading conditions
Redrow’s interim management statement has sounded a grim note, with reports that trading conditions have further deteriorated since its interim results announc…
CML predicts continuing decline in transactions
The Council of Mortgage Lenders has issued a statement predicting that the level of transactions in the housing market will continue to decline, partly as a re…
Galliford Try reports \"sharp deterioration\" in market
Galliford Try has reported a difficult spring selling season for its housebuilding division in its trading update today (May 13).
NHBC reveals 30% drop in new housing starts
NHBC has revealed that the number of housing starts in the UK dropped by 30% year-on-year during the first quarter of 2008.
95% of surveyors reporting house price falls – RICS
The percentage of chartered surveyors reporting a fall in house prices rather than a rise has increased further, but the shrinking mortgage market is of more c…
Government reveals plans for struggling home owners
The chancellor and housing minister have announced a £10 million package of measures to assist home owners in difficulty with their mortgages.
Government brings measures to improve HIPS
The government has announced a package of measures to help improve home information packs (HIPS) on the back of yesterday’s decision to delay the roll-out to t…
Credit crunch hits builders’ merchants sales
Sales of building materials at builders’ merchants across the UK fell by 3.1% during the first quarter of 2008, the Builders Merchants Federation (BMF) has rep…
Industry disappointed at rate hold decision
Industry stakeholders have expressed disappointment at the Bank of England monetary policy committee’s (MPC) decision to hold the base rate at 5%, resisting in…
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