First-time buyers 'may bolster housing recovery'
First-time buyers could play a major part in reviving the UK housing market, it has been suggested.

Bank tipped to cut rates again
The Bank of England is likely to cut the base rate to 1.5 per cent this week, according to two surveys.

Now is a good time to buy, suggests expert
First-time buyers with a deposit may find that now is an ideal time to invest in property, an expert has noted.

Housing affordability improvement indicated
UK property affordability has shown signs of further easing, with new figures revealing a further reduction in prices.

Spring to see market boosted, says agent
New year resolutions to move home this year will bolster the market in the spring, it has been predicted.

Affordability has improved, says Halifax
UK property affordability has improved notably in the last 18 months, new figures have indicated.

Government can do more to boost lending, says CML
Implementation of the Crosby report is a measure the government should undertake swiftly, the Council of Mortgage Lenders has stated.

Europe still offering good property prospects, says expert
Sterlings recent fall in value against the euro should not distract from the quality of the property prospects still to be found in some parts of Europe, an expert has said.

Next year may see major recovery, says NAEA chief
Britains housing market could bounce back significantly in 2009, it has been suggested.

First-time buyer mortgage prospects much better, says expert
Next year could be a very good one for first-time buyers as affordability improves, it has been suggested.

New homes project given go-ahead
A new homes project in east London has been granted planning permission, with over a third of the new dwellings set to be affordable.

Transactions set to rise, Rics predicts
The decline in the number of housing transactions is coming to an end and next year will see the reversal of the trend, it has been predicted.

NatWest and RBS revise mortgage range
Two lenders have announced new and cheaper mortgage rates, which may interest those hoping to invest in property.

London new homes project announced
A construction firm has announced that it is set to undertake a new homes project in the east of London.

Rate cuts 'should help improve market in 2009'
Predictions of a gloomy 2009 are unlikely to be fulfilled as buyers are being encouraged back to the market by lower interest rates, a building firm has argued.

Prime central London property prices 'may be bottoming out'
Next year will see the decline in the prime central London property market coming to an end, a report has forecasted.

Bank could cut rates to zero, MPC member admits
Speculation that the Bank of Englands monetary policy committee may eventually bring the base rate down to zero may turn out to be right, one of its members has stated.

Next year tipped to see market recovery
The number of property transactions will be boosted next year by a combination of lower prices and greater mortgage availability, it has been stated.

Government launches consultation on zero carbon
Housing minister Margaret Beckett has set up a consultation exercise to establish the means by which the target for all new homes to be zero carbon by 2016 will be met, but it has been argued that this should not be done at the expense of lowering emissions from existing homes.