Rightmove put up prices by 30%. The price increase will only affect letting agents, so Rightmove are clearly taking advantage of those in the property market who are actually doing all right at the moment. They say they don’t ‘have their customers over a barrel’ but I don’t think any letting agents will be jumping [...]
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Net lending by building societies dropped 90% in May. In May 2007, building societies furnished borrowers with £1.26 billion pounds, lending by building societies this May was just £125 million. Read more at The Times.
How renters now have the upper-hand. A must-read for any tenant or landlord, Penny Anderson shows renters how to get the [...]
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Barratt culls 1,000 jobs. Diving demand for new homes has left Barratt Developments having to close six offices and lay off 1,000 members of staff, 15% of it’s workforce. Taylor Wimpey, the UK’s largest housebuilder in terms of volume, laid off 900 members of staff earlier in the week. Read more at The Guardian.
Did your [...]
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