House prices in south of England fall for first time since 2009

Brexit uncertainty takes toll but prices climb slowly in east Midlands and east of England

House prices have fallen across the south of England for the first time since the last recession in 2009, as Brexit uncertainty holds down the property market.

In a sign of falling prices in London spreading to other regions as the departure date from the EU draws near, the Office for National Statistics said the average cost of a home also fell in the south-east and south-west of England in the year to June.

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Look around five of the quirkiest rental homes on Rightmove

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Top tips to ease the house buying process Nottingham Estate Agents

Buying a house, it is often claimed, is one of the most important decisions you ever take. Buying a home is a decision which, thanks to the difficulty of getting on the housing ladder, more and more people are taking later in their lives. But buy the right house at the right time and the […]

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Low interest rates benefit millennials, not pensioners | Phillip Inman

Borrowers have the whip hand – in Denmark one bank has even started paying them to take out a loan

Savers in Denmark must be squealing with pain at the advent of the world’s first negative rate mortgage, courtesy of Jyske Bank.

Danish savers currently get about 0.1% for their pots of money at the bank and soon they might find deposit-takers start charging them to protect their piles of cash.

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Danish bank launches world’s first negative interest rate mortgage

Jyske Bank will effectively pay borrowers 0.5% a year to take out a loan

A Danish bank has launched the world’s first negative interest rate mortgage – handing out loans to homeowners where the charge is minus 0.5% a year.

Negative interest rates effectively mean that a bank pays a borrower to take money off their hands, so they pay back less than they have been loaned.

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Landmark verdict over letting agency that posed as a club

£42,273 fine marks a ‘major victory’ for all private tenants

A lettings agency that posed as a membership club to dodge tenancy laws has been fined more than £40,000 in the first prosecution of its kind in the UK.

Lifestyle Club Ltd pressured tenants to sign a contract without inspecting the terms or the accommodation, charged them a non-refundable “joining” fee and “membership” fee worth a month’s rent instead of a deposit, and directed those who complained to a non-existent redress service.

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Is 10 years too long to fix a mortgage? Nottingham Estate Agents

There’s been a recent rise in low rate 10 year mortgages available for home buyers, but are they a good thing? The Money Advice Service has broken down the pros and cons. Ten year mortgages – the pros and cons Getting a mortgage will probably be one of, if not the biggest financial decisions you’ll […]

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