• Interest rates held Jan 15 2008

  The Bank of England kept rates on hold at 5.5 per cent this month despite calls from retailers to cut rates as consumer demand weakens.
  
  The Bank cut rates by 0.25 per cent in December...

• House prices up in December Jan 15 2008

  House prices rose in December, leaving average prices 5.2 per cent higher than the same time last year.
  
  According to the latest Halifax report, house prices increased by 1.3 per cent in the...

• Scotland outperforms UK Jan 15 2008

  House prices in Scotland continue to outperform the UK, rising faster than the national average for seventeen consecutive quarter according to the Nationwide.
  
  Prices in Scotland rose...

• Affordability improves Jan 15 2008

  With house price growth slowing, there are early signs that affordability, particularly for first time buyers, is improving as incomes grow faster than prices.
  
  The CML put out data last week...

• Scottish economy ‘in good shape’ Jan 15 2008

  The Scottish economy will continue to grow this year, but not as fast as it was six months ago.
  
  The latest Lloyds TSB Scotland Business Monitor shows 42 per cent of firms reporting ...

• Inflation news raises hope of rate cut Jan 22 2008

  Hopes that the Bank of England will ease pressure on homeowners by cutting interests rates in February were raised when official figures showed that CPI (Consumer Price Index) inflation remained unc...

• Scotland PLC confident about prospects Jan 22 2008

  Scottish businesses are more confident about their future their counterparts elsewhere in the UK. The findings of the latest ‘Business in Britain’ survey from Lloyds TSB...

• Scottish towns top list of hotspots Jan 22 2008

  Four Scottish towns have topped the list of areas tipped to be property hotspots in 2008. According to the Halifax, Lochgelly, Paisley, Greenock and Aberdeen will see the fastest growth in pro...

• Scots go green Jan 22 2008

  Homeowners are planning to spend more than £13 billion on environmentally friendly improvements to their home – and Scots are among the most enthusiastic adopters of energy saving solution...

• Home insurance costs rise Jan 22 2008

  Summer floods in England are pushing home insurance costs to the highest level for more than 10 years.
  
  According to the AA, average quoted premiums for home buildings insurance rose by 1.4 p...

• Lenders more cautious on large loans Jan 22 2008

  Mortgage lenders are cutting the amount they are willing to lend as a proportion of the property value.
  
  Reuters, the news agency, reported that 11 mortgage lenders have cut their maxi...

• Home improvements costs higher Jan 29 2008

  A quarter of all home improvement projects end up costing homeowners more than they expected and we end up spending £4.7 billion more than we planned.
  

View newer articles from February 2008