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I'm currently fighting the London rental market. A combination of high prices, a lack of mortgage finance, banks requiring a 25% deposit (on a median London house that's $125,000), and uncertainty about the future direction of house prices means that no one's buying. As a consequence...

I was in Manchester a few months back, and used to go past this building. At the time it was the concrete skeleton, but the developers have been a bit creative... Also from the Daily Mail... The UK's in a weird state right now. There are virtually no mortgages, people have less money...

The home owners with 1% mortgage rates are those who took out a Bank of England base rate tracker a few years ago when credit was cheap. They got a deal along the lines of half a percent over the base rate, and then lucked out when it dropped. Four or five years ago it was possible to fix a...

The UK feels pretty depressed right now, and there's a real lack of confidence in the country. In terms of the housing market, nothing much is moving. The sales numbers are about half of what they were three or four years ago. What I don't get about the UK market is why house prices aren't...

Bear in mind that the UK statistics are being skewed by a buoyant market London and the Southeast of England, whereas the rest of the country is showing a slight decline. As such I think that there are three factors supporting prices: Foreign buyers (as Intrinsic Value pointed out)...

The Independent (one of the UK's national papers) printed an article today forecasting sharp falls in property prices. It's posted on their website at: http://www.independent.co.uk/news/business/news/how-long-can-the-housing-market-avoid-a-crash-2014108.html The UK market has been weird...