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The formal dining room could be extinct by 2020 if the current trend for open plan living continues.
The Bank of England meets this Wednesday and Thursday to decide whether a further cut in interest rates is called for.
UK house prices remained virtually unchanged in January according to the latest monthly report from the Nationwide.
Plans to require homes for sale in Scotland to have a single survey have got the go ahead.
In a further sign of a slow down in consumer demand, APACS, the UK payments association, reported that spending on credit cards over Christmas was lower than the year before.
The growing popularity of buy-to-let as an investment has had surprisingly little impact on the overall rise in house prices.
More evidence that homeowners in Scotland should not attach too much weight to UK wide house price reports has come from the RICS (Royal Institution of Chartered Surveyors).
Just days after the Nationwide reported that house prices had hardly changed in January, the Halifax, Britain's largest mortgage lender, issued its latest report on the property market which came to exactly the same conclusion.
The City expects that the Bank of England will cut rates at least one more time this year and some commentators (notably Martin Ellis at the Halifax) believe that rates will end the year at 4.75 per cent.
As expected, the Bank of England cut base rates to 5.25 per cent last Thursday, a cut of 0.25 per cent.
Following the news earlier this month that home repossessions rose by 21 per cent during 2007 to the highest levels this decade, it has been revealed that over half of repossession actions are being brought by specialised sub-prime lenders.
There was good news for the UK economy last Thursday, with official Government figures showing a drop of 61,000 in the number of people registered as unemployed across the country.
The continued strength of the Scottish property market was highlighted in the latest housing market survey from the RICS (Royal Institution of Chartered Surveyors).
The boom in Scottish house prices has come to an end according to the latest Scottish House Price Monitor from Lloyds TSB Scotland.
Interest rates are likely to fall further this year - but not by much.
Gross mortgage lending rose unexpectedly in January according to the Council of Mortgage Lenders (CML). Typically, lending in January is lower than in December, but last month lending was 11 per cent up on the previous month.
Scottish communities minister, Stewart Maxwell MSP, promised major reforms to the planning system last week. But property professionals have warned that even recent changes are not delivering an improvement in the planning process.
The Financial Services Authority (FSA) used its latest Financial Risk Outlook to ring alarm bells about the number of homeowners facing a ‘repayment shock' when their current mortgage deal comes to an end.
If you have a tracker mortgage, make sure you are not paying more than you have to. A report covered by Reuters reveals that the interest charged by some lenders on their tracker mortgage have risen by almost 0.25 per cent since the start of December.
Retail sales rebounded in January according to the Office for National Statistics (ONOS), suggesting that consumers are more optimistic than some of the recent lending data might suggest.
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