News

PROPERTY MARKET REBOUNDS IN MAY

Mortgage lending and home sales rebounded in May after a fall in April. The Council of Mortgage Lenders said total lending jumped by 24% to £12.2bn last month. Meanwhile HM Revenue & Customs said completed sales rose from 64,000 in April to 71,000 in May. In April...

OLYMPIC TORCH IN YORK

Tuesday's relay will travel 150 miles from Hull to York, where former showjumper Harvey Smith will ride with the flame into York Racecourse. Before that, the flame will also be borne along York's famous city walls. Torchbearers Philip Jones, 60, from York, and Harrogate's 16-...

HALIFAX PREDICTS UK HOUSE PRICES STABLE FOR REST OF 2012

UK house prices will end the year at the same level as now owing to tough economic conditions, a lender has predicted. The Halifax, now part of the Lloyds Banking Group, said prices were broadly the same as a year ago, falling by 0.1% in May compared with a year earlier...