House Prices dwindling for second consecutive month
Submitted by Rehan Rachid on Fri, 09/03/2010 - 08:48
House prices knocked down for the second consecutive month in a line in the month of August, new-fangled data depicts, suggestive of that current turn down in the souk may total to more than a recurring dip.
Banks are blocking homeowners’ renovation fun
Submitted by Faarooq Mehmood on Mon, 08/30/2010 - 15:50
The Australian banks are refusing to give funds to the homeowners who are looking to upgrade their homes and willing to live ion a bigger house. This move of the banks have caused the delay in home purchases and also forced the house owners to sell their old homes before buying new house to live in.
Post Office cut mortgage charges
Submitted by Rehan Rachid on Tue, 08/17/2010 - 09:01
The Post Office has sliced its mortgage rates and commenced a new market-leading two-year flat -rate agreement.
The group has slashed rates athwart its series of rigid -rate, chaser and buy-to-let mortgages, plummeting the interest it takes by up to 0.8%.
Rok suspends finance chief
Submitted by Gurpreet Singh on Wed, 08/11/2010 - 16:33
Shares in Rok dived by 50 per cent, since the building company subjected its second profit admonition this year and hovering its finance chief.
The company that christens itself as the Nation's Local Builder expressed that solemn mismanagement of agreement at its measure business in England might source proceeds to go down short of market prospect.
Knife-edge creation of UK property giant
Submitted by Faarooq Mehmood on Tue, 08/10/2010 - 18:59
The amalgamation amid the UK's two biggest property trusts might have shaped a group worth £1.6bn, but in a tremendously unyielding vote yesterday, 50.07pc of independent FCPT shareholder s discarded the offer.
Australia’s construction sector Index is undergoing continued contraction
Submitted by Rehan Rachid on Sun, 08/08/2010 - 04:27
It has been reported that Australia’s construction sector Index is undergoing continued contraction since July. Experts believe that the fall in the index is due to weak customer demand and strong competition for new projects.
DDA unable to finish Vasant Kunj flats in time for CW games
Submitted by Gurpreet Singh on Wed, 08/04/2010 - 14:26
The Delhi Development Authority will not be able to finish flats in Vasant Kunj area of the national capital, which are meant for Commonwealth Games delegates.
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