<?xml version="1.0" encoding="utf-8"?>
<rss version="2.0"><channel><title>GSPC - Latest financial news News</title><link>http://www.gspc.co.uk/news/rss/financial-news-and-home-prices/</link><description></description><language>en-gb</language><ttl>60</ttl><item><title>Scottish economy slows, but grows</title><link>http://www.gspc.co.uk/news/article/scottish-economy-slows-grows/</link><guid isPermalink="true">http://www.gspc.co.uk/news/article/scottish-economy-slows-grows/</guid><description>Scotland's economy continues to grow, albeit not at the rate seen this time last year. The latest Scotland Business Monitor published by Lloyds TSB shows that a net balance of +11 per cent of businesses reported an increase in turnover in the last three months.</description><pubDate>Tue, 1 Jul 2008 00:00:00 +0100</pubDate></item><item><title>More Government support for shared equity scheme</title><link>http://www.gspc.co.uk/news/article/more-government-support-shared-equity-scheme/</link><guid isPermalink="true">http://www.gspc.co.uk/news/article/more-government-support-shared-equity-scheme/</guid><description>A Scottish Government initiative to boost its shared equity scheme and help homeowners at risk of repossession has been broadly welcomed by housebuilders and lenders.</description><pubDate>Tue, 1 Jul 2008 00:00:00 +0100</pubDate></item><item><title>Rental yields at two year high</title><link>http://www.gspc.co.uk/news/article/rental-yields-two-year-high/</link><guid isPermalink="true">http://www.gspc.co.uk/news/article/rental-yields-two-year-high/</guid><description>Rental yields have hit a two year high, encouraging some buy-to-let landlords to expand their portfolios despite the limited availability of buy-to-let mortgages.</description><pubDate>Tue, 1 Jul 2008 00:00:00 +0100</pubDate></item><item><title>Space (not looks) add value</title><link>http://www.gspc.co.uk/news/article/space-not-looks-add-value/</link><guid isPermalink="true">http://www.gspc.co.uk/news/article/space-not-looks-add-value/</guid><description>One in five of us plan to make improvements to our home to increase its value or make it more saleable according to the Alliance &amp; Leicester.  But what we do to add value may not be what buyers are willing to pay for.</description><pubDate>Tue, 1 Jul 2008 00:00:00 +0100</pubDate></item><item><title>More Houses needed</title><link>http://www.gspc.co.uk/news/article/more-houses-needed/</link><guid isPermalink="true">http://www.gspc.co.uk/news/article/more-houses-needed/</guid><description>The Scottish Government has confirmed its target of increasing the supply of new homes to 35,000 a year despite a virtual halt in new construction among builders.  </description><pubDate>Tue, 1 Jul 2008 00:00:00 +0100</pubDate></item><item><title>Where next for interest rates?</title><link>http://www.gspc.co.uk/news/article/where-next-interest-rates/</link><guid isPermalink="true">http://www.gspc.co.uk/news/article/where-next-interest-rates/</guid><description>Could interest rates be on the way up, reversing the two cuts in rates earlier this year?  </description><pubDate>Tue, 24 Jun 2008 00:00:00 +0100</pubDate></item><item><title>Fewer sales, but few defaults</title><link>http://www.gspc.co.uk/news/article/fewer-sales-few-defaults/</link><guid isPermalink="true">http://www.gspc.co.uk/news/article/fewer-sales-few-defaults/</guid><description>HBOS says that the number of property sales this year will be 45 per cent lower than last year and predicts that average prices will fall by nine per cent. </description><pubDate>Tue, 24 Jun 2008 00:00:00 +0100</pubDate></item><item><title>OFT launches study into Scottish factoring</title><link>http://www.gspc.co.uk/news/article/oft-launches-study-scottish-factoring/</link><guid isPermalink="true">http://www.gspc.co.uk/news/article/oft-launches-study-scottish-factoring/</guid><description>The Office of Fair Trading has launched a study in to the services provided by factors in Scotland.</description><pubDate>Tue, 24 Jun 2008 00:00:00 +0100</pubDate></item><item><title>Ravenscraig to showcase ‘green' solutions</title><link>http://www.gspc.co.uk/news/article/ravenscraig-showcase-green-solutions/</link><guid isPermalink="true">http://www.gspc.co.uk/news/article/ravenscraig-showcase-green-solutions/</guid><description>Ravenscraig, the former steelworks, is to host a showcase of energy saving and low carbon solutions to domestic energy needs. </description><pubDate>Tue, 24 Jun 2008 00:00:00 +0100</pubDate></item><item><title>Mortgage lending rises</title><link>http://www.gspc.co.uk/news/article/mortgage-lending-rises-again/</link><guid isPermalink="true">http://www.gspc.co.uk/news/article/mortgage-lending-rises-again/</guid><description>Mortgage lending rebounded in April with a rise in the number of loans approved for house purchase and an increase in the total amount lent to homeowners. </description><pubDate>Tue, 17 Jun 2008 00:00:00 +0100</pubDate></item><item><title>First time buyers face higher deposit hurdle</title><link>http://www.gspc.co.uk/news/article/first-time-buyers-face-higher-deposit-hurdle/</link><guid isPermalink="true">http://www.gspc.co.uk/news/article/first-time-buyers-face-higher-deposit-hurdle/</guid><description>But the rate of interest charged on loans is not the key factor slowing the property market. </description><pubDate>Tue, 17 Jun 2008 00:00:00 +0100</pubDate></item><item><title>Surveyor sentiment more positive in Scotland</title><link>http://www.gspc.co.uk/news/article/surveyor-sentiment-more-positive-scotland/</link><guid isPermalink="true">http://www.gspc.co.uk/news/article/surveyor-sentiment-more-positive-scotland/</guid><description>Surveyor sentiment in Scotland remains significantly more positive than it does elsewhere, although it is clear that the property market is slowing significantly.</description><pubDate>Tue, 17 Jun 2008 00:00:00 +0100</pubDate></item><item><title>Employment figures help to sustain market</title><link>http://www.gspc.co.uk/news/article/employment-figures-help-sustain-market/</link><guid isPermalink="true">http://www.gspc.co.uk/news/article/employment-figures-help-sustain-market/</guid><description>One reason for a more positive outlook north of the border could be the better than average employment figures.  </description><pubDate>Tue, 17 Jun 2008 00:00:00 +0100</pubDate></item><item><title>Wage data helps on rates</title><link>http://www.gspc.co.uk/news/article/wage-data-helps-rates/</link><guid isPermalink="true">http://www.gspc.co.uk/news/article/wage-data-helps-rates/</guid><description>The Bank of England will have been cheered by news that earnings growth has hardly changed despite the rise in inflation.</description><pubDate>Tue, 17 Jun 2008 00:00:00 +0100</pubDate></item><item><title>Millions plan to gain by moving or improving</title><link>http://www.gspc.co.uk/news/article/millions-plan-gain-moving-or-improving/</link><guid isPermalink="true">http://www.gspc.co.uk/news/article/millions-plan-gain-moving-or-improving/</guid><description>Millions of homeowners are planning to make a profit on their homes during the slow down in the property market.</description><pubDate>Tue, 17 Jun 2008 00:00:00 +0100</pubDate></item><item><title>Bank keeps rates on hold</title><link>http://www.gspc.co.uk/news/article/bank-keeps-rates-hold/</link><guid isPermalink="true">http://www.gspc.co.uk/news/article/bank-keeps-rates-hold/</guid><description>Interest rates remained unchanged at five per cent last week despite calls from business and property professionals for a cut.</description><pubDate>Tue, 10 Jun 2008 00:00:00 +0100</pubDate></item><item><title>Scotland better placed to weather credit crunch</title><link>http://www.gspc.co.uk/news/article/scotland-better-placed-weather-credit-crunch/</link><guid isPermalink="true">http://www.gspc.co.uk/news/article/scotland-better-placed-weather-credit-crunch/</guid><description>The credit crunch is having less of an impact on the Scottish property market than in the rest of UK and repossessions in Scotland will be below levels seen elsewhere.</description><pubDate>Tue, 10 Jun 2008 00:00:00 +0100</pubDate></item><item><title>Prices driven by lower lending says Halifax</title><link>http://www.gspc.co.uk/news/article/prices-driven-lower-lending-says-halifax/</link><guid isPermalink="true">http://www.gspc.co.uk/news/article/prices-driven-lower-lending-says-halifax/</guid><description>The Halifax released its latest monthly report showing almost exactly the same fall in prices reported for the same month by the Nationwide just a week ago.</description><pubDate>Tue, 10 Jun 2008 00:00:00 +0100</pubDate></item><item><title>Northern Rock borrowers offered fast track exit by Lloyds TSB</title><link>http://www.gspc.co.uk/news/article/northern-rock-borrowers-offered-fast-track-exit-ll/</link><guid isPermalink="true">http://www.gspc.co.uk/news/article/northern-rock-borrowers-offered-fast-track-exit-ll/</guid><description>Signs that the credit situation may be improving came with news that a new agreement will allow some Northern Rock customers coming to the end of their fixed rate mortgages to switch to switch to Lloyds TSB.  </description><pubDate>Tue, 10 Jun 2008 00:00:00 +0100</pubDate></item><item><title>Home Improvement costs up</title><link>http://www.gspc.co.uk/news/article/home-improvement-costs/</link><guid isPermalink="true">http://www.gspc.co.uk/news/article/home-improvement-costs/</guid><description>The cost of home improvements has risen by 20 per dent over the past two years according to the RICS Property Makeover Price Guide 2008.</description><pubDate>Tue, 10 Jun 2008 00:00:00 +0100</pubDate></item></channel></rss>