That Was February
Jeepers A Swedish gentleman went on the longest, coldest dogging session when he got trapped in the snow and yet managed to survive for two months, it was claimed. He was obviously set up for it, i personally don’t travel [...]
Articles Published In February 2012
UK Runs Out Of Money!
The UK Government has “run out of money” according to Chancellor George Osborne. He warned that as a result, the country could not afford any fuel tax cuts or extra spending in next month’s Budget. “The British Government has run [...]
Repossession Numbers Fall
The total number of properties taken into possession by first charge mortgage lenders in 2011 was 36,200, the lowest annual total since 2007, according to new data from the Council of Mortgage Lenders. For the fourth quarter of 2011 the number [...]
Government To Control LTV?
Chancellor George Osborne is set to hand new powers to the Bank of England to regulate the mortgage market by allowing it to set loan-to-value ratio limits. The new powers would be aimed at controlling busts and booms, by banning [...]
House Prices Up!
The average price of a home rose by £844 in January, according to the latest Halifax House Price Index, as record low interest rates continued to support demand. Halifax reported a 0.6 per cent increase in prices, taking the average [...]
House Constructed Out Of A Billion Euro Notes
This is an unlikely consequence of the Irish economic crisis. Artist Frank Buckley decided to express his anger about the property boom and bust by building a house from more than a billion euros of decommissioned notes. In the lobby [...]
Internet Success Continues Despite Recession
Huge amounts of doom and gloom already reported in the news and we are only one day into February… Astra Zenica shed 7,300 jobs American Airlines cuts 13,000 positions Sony reports massive quarterly loss Tesco loses market share But Facebook [...]
Council Give Away Free Holidays!
A cash-strapped council is taking tenants on a free trip to the new Muppets film to “help them with money issues”. Town hall chiefs say it will give housing officers a chance to explain rent changes and other issues. Mid [...]
NewBuy Scheme Announced
A government scheme aimed at kick-starting the housing market by underwriting 95% mortgages will be available to people spending up to £500,000 on a new-build property, the housing minister has announced. The NewBuy Guarantee scheme, which will be launched in March, will [...]
