Property
House prices fall most since 1990s crash
LONDON (Reuters) - House prices in November fell at their sharpest monthly rate since the housing market crash of the early 1990s, the country's biggest mortgage lender Halifax said on Thursday. Full Article
Brown unveils mortgage interest deferral scheme
LONDON (Reuters) - The government will back a scheme to allow households experiencing a temporary loss of income as a result of the downturn to defer interest payments for up to two years, a source familiar with the issue said on Wednesday. Full Article
Reuters Columns
Housing plan smells like Ponzi
Britain's plan to cut taxes and offer incentives to first-time buyers is sure to fail and smells a bit of Ponzi. Full Article
More than a million households could fall into negative equity if the housing slump continues, the Bank of England says. Have you been affected? Send Comment
