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David Prosser: The real housing crisis is still ahead of us

November 21st, 2008

Outlook Britain is facing a housing market crisis – but not the one you've been reading about over the past year as property prices have headed south. Believe it or not, look past the sea of unsold homes cluttering up estate agents' windows and you'll discover that this country faces an acute housing shortage.

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Rising number of first-time homebuyers

November 5th, 2008

Demand from first-time homebuyers is on the increase say estate agents, as aspiring homeowners take advantage of falling house prices.

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Save before you buy, says Abbey, as it locks in first-time buyers' cash

November 3rd, 2008

You have to feel for wannabe first-time buyers. For years they saw house prices soar away. They may have told themselves to wait as prices would fall back again when the housing market bubble burst. After all, this scenario had happened before and has come to pass again. Last week, Nationwide said that UK house prices had fallen around 15 per cent year on year, that's equivalent to £30,000 wiped off the value of the average house.

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