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Google Street View gets the go ahead

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Posted by Jonathan Peace at 16:33 on 31 Jul 2008
Category: 
News & Updates

The UK's privacy watchdog has approved Google's controversial photomapping tool Google Street View. The program integrates photos of streets into Google Maps to enable users to get an accurate impression of what locations look like.

House prices falling at record rate

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Posted by James Mace at 09:18 on 31 Jul 2008
Category: 
News & Updates

Nationwide have released their house price index figures today and it certainly makes for grim reading if you’re a homeowner. There’s been an 8.1% drop in the last year, with the average house price now at £169,316 – that’s £15,000 cheaper than in the same month last year.

House prices have now fallen for nine months in a row and are at their lowest level since August 2006.

The cost of DIY disasters

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Posted by Jonathan Peace at 14:07 on 30 Jul 2008
Category: 
News & Updates

According to a survey conducted by Confused.com, DIY disasters cost the average Brit £669.58. 1 in 5 men admit to a self-inflicted disaster with just 8% of women fessing up to the same. That said, women’s DIY disasters are costlier than those of their male counterparts; the average resulting home insurance claim for women is a whopping £758.58, compared with £556.36 for men.

1 in 7 will face negative equity

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Posted by Jonathan Peace at 13:26 on 30 Jul 2008
Category: 
News & Updates

According to ratings agency Standard and Poor's, statistics show that 1 in 7 UK homeowners will go into negative equity in the next 12 months.

Jewson owner to cut 1,100 jobs in the UK

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Posted by Jonathan Peace at 08:25 on 29 Jul 2008
Category: 
News & Updates

Building materials group Saint Gobain has announced that it will cut 4,000 jobs worldwide, including 1,100 in the UK.

"Save our jobs" says Scottish home builder

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Posted by Jonathan Peace at 08:08 on 29 Jul 2008
Category: 
News & Updates

One of the leading Scottish home builders, Homes for Scotland, was called for action from the Scottish parliament as it faces the highest volume of job losses "since Ravenscraig in 1992." Chief executive for the Edinburgh-based form, Jonathan Fair was quoted in the Scotsman s

Painter cops fine for smoking in his own van

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Posted by Jonathan Peace at 16:12 on 28 Jul 2008
Category: 
News & Updates

It was reported today in the Times (ironically under "Crime News") that Gordon Williams, 58, a painter and decorator from Llanafan in Wales has been fined £30 for smoking in his van.

Woes continue for Rentokil

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Posted by Jonathan Peace at 09:14 on 28 Jul 2008
Category: 
News & Updates

Shares in Rentokil Initial fell a further nearly 5% this morning to a 52 week low of 67.25 this morning as the fallout from last week's revised profit forcast continued to cast a gloomy cloud over the service company.

Londoners ask but don't get

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Posted by Jonathan Peace at 10:31 on 25 Jul 2008
Category: 
News & Updates

According to a report from Rightmove, properties in London are staying on the market longer than ever before as vendors in the capital cling on to the vain hope that the value of their home will hold up in the current slump. Rightmove's commercial director Miles Shipside cited an uncharacteristicly sluggish Spring for the stagnant state of play.

It now takes an average of 85 days to sell a property in London, up from 76 days in June.

Gazumping, Gazundering and now Gadumping...

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Posted by Jonathan Peace at 10:23 on 24 Jul 2008
Category: 
News & Updates

In a report today in the Daily Mail, it was announced that house buyers pulling out of deals has increased to 4 in 10 as more and more buyers are failing to secure finance or losing their nerve.

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