Industry News - Residential Property Law - Nationwide: Rate of house price fall eases in November

03/07/2009
Redundancy law queries 'could continue to rise'
The number of people seeking redundancy law advice could remain high over the course of the year, new data from the Chartered Institute of Personnel and Development (CIPD) has indicated.

03/07/2009
Discrimination law ruling made by House of Lords
The House of Lords has made a ruling on disability discrimination that may impact divorce lawyers in London.

03/07/2009
Heiress wins in pre-nuptial divorce case
The Court of Appeal has ruled that a German heiress should not have to pay her ex-husband the £5.8 million decided in their divorce settlement because of the pre-nuptial agreement that had been signed beforehand.

02/07/2009
'Dual discrimination' employment law changes proposed
A new employment law has been proposed by the government that it wishes to make part of the equality bill.

02/07/2009
Right to appeal for ex-wife in divorce case
A woman has won the right to appeal against a judge's decision to make her pay £5 million to her ex-husband, whose finances have been hit by the economic downturn.

Industry News

28/11/2008
Nationwide: Rate of house price fall eases in November

House prices fell by 0.4 per cent in November, Nationwide has revealed.

The 0.4 per cent fall compares favourably with the 1.3 per cent drop witnessed in October.

Nationwide now estimates the average house in the UK to be worth £158,442.

This price is around £25,000 less than it was at the same time last year but £25,000 more than in November 2003.

Nationwide's chief economist Fionnuala Earley says: "In spite of the moderation in house price falls recorded in November, with the economy in recession, conditions do not appear very favourable for a swift recovery in the housing market."

The moderation of house price falls has brought the year-on-year rate down to 13.9 per cent for November, from 14.6 per cent in October.

Meanwhile, Paul Holmes, chief executive of advisory website Firstrung, says that at the moment prospects for first-time buyers are "extremely bright".

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29/06/2009
Swift legal help may be needed as undersupply reported
The number of people looking for a house is presently four times that of the total available, it has been stated.

24/06/2009
Boost in legal aid to fight repossession welcomed
An increase in the funding available to householders struggling to avoid repossession to contest court cases has been welcomed by the Money Advice Trust.

18/06/2009
Homeowners face legal issues as repossession rise tipped
Repossessions could rise to as many as 120,000 by 2011, an expert has said.

15/06/2009
Lack of legal regulation 'a problem for housebuyers'
An inadequate legal and regulatory framework has created a housing market system in the UK that has disproportionately affected first-time buyers.

11/06/2009
Accidental landlords advised of law over cannabis
People who have become 'accidental landlords' and are renting out property due to necessity should ensure they are complying with all the laws involved in letting, it has been stated.

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