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News

We update this section regularly with Market News to keep you abreast of what is appearing in the press on the subject of house-building and wider issues concerning the market.

May 2008

Bank of England holds interest rates at 5%

Source: Building

Decision not to cut the cost of borrowing will disappoint housebuilding and property sectors. The House Builder's Federation had called for a...

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May 2008

Interest rate held at 5%

“While the decision by the MPC not to cut interest rates is disappointing, it is no longer the most significant factor in preventing the economy from...

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April 2008

MPC cuts interest rate to 5.0%

The reduction in the interest rate today is a positive move by the Bank of England but I anticipate that its impact will be minimal on the housing...

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March 2008

Developers looking for a lifeline

Property developers facing tough times with credit are urged to consider all funding options available to enable their businesses to keep building...

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March 2008

Housebuilders feeling the pinch

Source: Birmingham Post

In the wake of the credit crunch, lenders have tightened their credit facilities and housebuilders in particular are feeling the pinch....

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March 2008

Budget focused on "stability" misses opportunity

Source: Housebuilder www.house-builder.co.uk

Chancellor Alistair Darling has delivered his first Budget, missing a key opportunity to give the housing market a much needed injection by reforming...

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