House price fears prompt Bank jitters
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Fears of a house price crash and the impact of cheap imports have tempered Bank of England expectations of an inflationary spurt. The Bank&#39;s Monetary Policy Committee, in its quarterly
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Britain&#39;s homeowners were warned by a senior member of the Bank of England&#39;s interest-rate committee yesterday to brace themselves for the &quot;significant probability&quot; that house prices will fall by up to 30%.
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The housing market is slowing as higher interest rates bite, says the Royal Institution of Chartered Surveyors.
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FURTHER interest rate rises could trigger a house price crash in the United Kingdom, the International Monetary Fund warned yesterday.
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The UK's house price boom has brought "misery" to thousands of people, a leading economist argues.
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With prices falling, home sellers might have to accept lower prices than they had hoped for, while buyers might find it tougher to qualify for a mortgage.
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There's an anxious face-off between sellers and buyers of homes as expectations of big profits fade
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The finances of first-time home buyers are being stretched to record levels by rising house prices.
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Stocks fell after bomb scares swept London and concern grew that banks face more losses from subprime loans.
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Home prices are not very far below peak levels in most markets, but continued weakness could change that.
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Figures showing falling mortgage approvals and rising repossessions suggest interest rate rises are being felt.
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Business & money: Bank endures choppy morning on the stock exchange as speculation intensifies over possible buyers.
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Business & money: An emergency loan of Â£1.6bn and speculation about the sub-prime fallout have rocked the bank.
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House prices in England and Wales fell slightly in August, according to figures from property research company Hometrack, offering another sign the market may be cooling in the face of higher interest rates.
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Subprime worries returned to haunt the banking sector Friday even as the FTSE 100 recorded its sixth consecutive session of gains.
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Investors, frightened by the prospect of a new subprime mortgage crisis that could dwarf the write-downs of the last few months, sent markets lower.
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House prices in Britain fell at their steepest pace in nine years in the three months to September,adding to evidence that the property market is cooling and decreasing the possibility