Owing to many difficult situations, there may be times that you have to wait, without rushing in for buying a new house. Depending on your financial status, it might be good if you decide to continue renting and then buy.
The first thing to consider before buying is to be sure whether you are secured with [...]

2009 is going to be the toughest year for the London city Property and national economy since the early 1990s slump. Headlines are likely to be dominated by job losses and it has been widely predicted that there will be an avalanche of profit warnings. A PACEC study for the Local Government Association published in [...]

From Hamptons International -
Key Figures

House prices have fallen by around -25% since the peak of the market last year (July 07)
The top end of the market (£2m+) was initially more resilient. However, it has now fallen back in line with the mainstream market
Sales applicant numbers have dropped by -46% Year-on-Year (YoY)
Transaction figures [...]

In our half year Midtown, City (clerkenwell , Bloomsbury )and Docklands( limehouse , canary wharf ) Residential Review published in July 2008, we noted that conditions in the property and mortgage markets had led to the postponement of off-plan launches for new homes. Launches cannot be postponed indefinitely unless the developer opts to retain [...]

To summarise residential prices fell in 2008 by 10% in Midtown, 12% in the City and 17% in Docklands. The faster rate of price falls in Docklands ( Limehouse Property , Wapping Property ) is due to local supply and demand factors, including the amount of stock under construction in major schemes, a previous reliance [...]

While the owner-occupier housing market is showing signs of quieting down, buying residential property to let has become an increasingly popular investment choice in the UK. According to the latest report by the Association of Residential Letting Agents (October 2004), the popularity of property as an investment is growing rapidly and almost 60% of buy-to-let [...]

The Bank of England has cut interest rates by one percentage point, from 3% to 2% - the lowest level in more than half a century.
The move has been welcomed by many commentators who said the cut would help the slowing economy.
Hetal Mehta, of the Ernst & Young Item Club, said the cut was the [...]

House prices fell another 2.6% in November, the Halifax says.
According to its latest survey, that increased the annual rate of house price falls to 14.9%, as against the 13.7% rate in the 12 months to October.
The Halifax said the average property in the UK was now valued at £163,605, a level last seen in July [...]

According to the Nationwide House Price Index, house prices in the UK fell by a modest of 4% in the month of November, marking an annual decline of 13.9%, which is down from a 14.6% in the year to October.
Fionnuala Earley, Nationwide’s Chief Economist commenting on the figures said that prices fell [...]

According to the latest Nationwide House Price Index, UK house prices fell at a more moderate pace in November, easing by 0.4 per cent to stand 13.9 per cent lower year on year. The rate of decline is significantly less than that seen in last October when house prices fell by 1.3 per cent.
The Chief [...]