Buy up Bad Mortgages to Help House Price

According to a plan set out by a leading economic forecaster–Fathom Consulting, it is suggested that the Bank of England should print money and buy ‘bad’ mortgages to boost house prices and prevent the UK entering a repeat of Japan’s lost decade.
It raise the concerns over the creation of ‘zombie households’ where families wallow in [...]

House prices up again in June by Nationwide

House prices rose again in June, but only by 0.1%, according to the Nationwide Building Society.
The increase follows a rise of 0.5% in May, with the average property in the UK now costing more than £ 170,000.
The prices have increased by 3% since the beginning of the year, resulted in the Nationwide house price index.
However, [...]