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Rightmove: Asking prices down 1.2%

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Property in the UK has seen asking prices continued to decline during June, according to the latest research from website Rightmove.co.uk.

Home owners urged to sit tight

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Shropshire homeowners were today urged to sit tight as new figures revealed the number of homes changing hands had fallen to a record low. Meanwhile, owners in negative equity are growing. Figures from RICS said estate agents sold an average of just 17.4 properties each during the three months to the end of May.

Revamp sees homes soar 158%

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The price of homes on a Telford estate has rocketed by 158 per cent over the last five years despite a downturn in the housing market.

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Video tour of a house for sale

Welcome to the Shropshire Star’s brand new property profile video section, where we take a regular look at homes for sale across the county with property expert Cathy Stanworth.

Mortgage lending down 40%

Just 38,704 mortgages were issued by UK banks during April, nearly 40 per cent lower than at the same time last year, according to the latest figures from the British Bankers’ Association (BBA).

County pair on TV homes show

A Shropshire couple who snapped up a des-res in need of renovation are set to become stars of the small screen when their first taste of property management is chronicled for television.

Property firm axes branches

A Shropshire-based estate agency has become one of the first victims of the credit crunch in the county, closing four of its six offices. Directors at Monks Chartered Surveyors, which has its main office in Shrewsbury, yesterday agreed to go into voluntary liquidation.

Credit crunch ‘hurting building’

Barratt Homes said this morning that housing market conditions have “deteriorated significantly”.

Minister’s housing slip-up

Housing minister Caroline Flint has accidentally revealed her true concerns about the state of the UK property market.

First view of Flax Mill plans

The first artist’s impression of a £30 million project to transform Shrewsbury’s historic Flax Mill is revealed today.

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