United Kingdom

Bovis Homes plans more jobs cuts

Bovis Homes could cut up to 200 jobs, in what will be its second round of redundancies this year.

Homeowner Mortgage Support Scheme to tackle repossessions

The Government has unveiled a new scheme aimed at helping people who suffer a temporary loss of income stay in their home.

Interest rates cut

The Bank of England has cut interest rates by one percentage point, from 3 per cent to 2 per cent - the lowest level seen in more than half a century.

House prices fall by 2.6%

House prices across the UK fell by 2.6 per cent in November, the Halifax said.

Bellway sales down by 50%

Housebuilder Bellway said its sales are still below half of what they were last year, but added it was in line with expectations.

Barratt sells £109m of assets

Barratt has sold assets worth £109million since November.

HCA to spend £18bn

The government's new housing body has said it will use its £18 billion budget to help the struggling housing market.

Myth-busting the private rental sector

The prevailing focus on home ownership and social housing has left the private rented sector somewhat unexplored by policy-makers, allowing false impression to flourish. Now the Rugg Review intends to put paid to any ‘here be dragons’ assumptions.
Mark Cantrell reports

HCA and TSA launched

The new Homes and Communities Agency (HCA) and Tenant Services Authority (TSA) were officially launched today by Housing Minister Margaret Beckett.

London sees biggest fall in house prices

House prices in London are falling faster than anywhere else in the country, new figures have today shown.