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Eco-town shortlist imminent

Housing minister Caroline Flint is due to release a shortlist of eco-town sites in the next few weeks. The zero-carbon towns were proposed last year and over 50 plans have been considered by the government. Flint says the shortlist will be considered before being whittled down to a final list.


Owner-occupation in England falls a record 83,000

The number of owner-occupiers in England fell by a record 83,000 in 2007, according to Communities and Local Government data. This raises serious questions about the government’s target to increase owner occupation to 75%.

Possession figures may be too low

Second-charge data opens industry to scrutinyThe Council of Mortgage Lenders has reported that 27,000 homes were possessed in 2007 but the figure could be misleading because its statistics do not include possession actions initiated by second-charge lenders.

Second-charge data opens industry to scrutiny

The Association of Finance Brokers has announced cross industry agreement on the launch of authoritative sales data for the secured loans industry that will include the volume and value of loans sold in the previous quarter, requests for possessions and possessions completed, together with figures on payment protection insurance sales. AFB broker members will also be providing details on their PPI sales.

One in six Britons think UK is in recession

One in six Britons believe the UK is already in a recession, reveals a report by consumer finance site many ‘recession virgins’ have yet to notice the downturn a significant amount of homeowners acknowledge the uncertain time with 74% deciding to sit tight until the market returns.The report, ‘Cracking the credit crunch: recession veterans […]


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