House Price Bubble
Bank of England's Dale likens UK housing market to microwaveThe chief economist at the Bank of England, Spencer Dale has reiterated that interest rates will not go up until the recovery is sustained and real incomes are higher. |
House prices reach highest level of annual growth for 6 yearsThe latest Halifax house price index shows house prices went up by 1.1 per cent in November and have seen a 7.7 per cent rise over the last 12 months. |
UK property asking prices down by £6,000 in NovemberThe latest report from online property site Rightmove shows that average asking prices for UK property fell by 2.4 per cent, over £6,000 in November. |
Cameron hails Help to Buy a success as 2,000 sign upThe Prime Minster, David Cameron has said the Help to Buy scheme is being accessed by the "hardworking people" it is aimed at but critics warn a lack of supply may push up prices. |
MPs ask for clarity on Bank's role in policing Help to BuyMPs on the Treasury Select Committee have asked for clarification on the role the Bank of England's Financial Policy Committee has in policing the Help to Buy scheme. |
Osborne to impose tax to tackle London house price bubbleThe Chancellor, George Osborne may launch a capital gains tax for foreign investors to help tackle the house price bubble that is emerging in London. |
Land Registry data shows mixed house price pictureThe latest figures from the Land Registry based on completed property sales indicates that while prices in London are booming, it is a mixed picture across the rest of England. |
Item Club says Help to Buy won't lead to house price bubbleErnst & Young's Item Club says consumers are driving the recovery and that the chances of the Help to Buy scheme causing a house price bubble are "extremely slim". |
Do we need Help to Buy 2?The second stage of the Help to Buy scheme has been launched but initial rates from NatWest and Halifax are similar to the best available on the open market. |
Demand for Help to Buy 2 could be hit by strict lending rulesCritics argue that unless there is an increase in the supply of new homes the Help to Buy scheme will not help the people it is intended to help. |
UK house prices up 6.2% in a yearThe latest Halifax house price index shows the annual rate of house price growth has increased to 6.2 per cent. |
North-south house price divide at record high of over £100,000Nationwide's latest house price index shows price rises in London and the south has increased the annual rate of house price growth to 5.0 per cent. |
Bank of England to provide annual review of Help to BuyGeorge Osborne has asked the Bank of England's Financial Policy Committee to review the Help to Buy scheme every year to ensure it does not cause a house price bubble. |
Osborne "alert to the risks" of Help to BuyThe Chancellor, George Osborne, has told the Institute of Directors that he is "alert to the risks" of a potential house price bubble but "lets not pretend their is a housing boom". |
Newsletter sign up