Property professionals saw house prices fall for the first time in a year last month and expect further declines as demand weakens, according to research today.
House prices recovered by 0.6% during July as the property market reversed the entire slump seen in the previous month, according to the latest Halifax house price index.
Nationalised Northern Rock plans to start offering credit cards and personal loans again as it readies itself for sale to the private sector, the group revealed today.
The Housing Minister has said schemes introduced by the previous Government to help homeowners struggling with their mortgage will be maintained for the next few months, despite public spending cuts.