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Tag CloudBank of England buy-to-let buyers CML Commercial Property Council of Mortgage Lenders Economy Equity Estate agents Finance Financial Services Authority First-Time Buyers FSA Government Halifax home Home Loans Homeowners Homes House House Prices Housing housing market interest rates landlords lenders Lending London London Property Mortgage Mortgage Lending Mortgage Rates mortgages Nationwide Northern Rock Property Property Investment Property Market Property prices recession Rental Property Repossession RICS Stamp Duty UK property
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After a dismal 2008, figures now show that Canary Wharf is now going from strength to strength.
Many households have seen an improvement in their financial situations in the past year, thanks to low interest rates and reduced mortgage payments.
The Sunday Times Rich List has revealed how the recession and property market slump have reduced the fortunes of the wealthy.
The Government is to adopt a new ?bail-out? scheme in an attempt to kick-start the housing market.
A Central London property group has predicted that prices will reach pre-credit crunch levels in 2010.
Although figures from the Council of Mortgage Lenders show a rise in repossessions in the third quarter, it has revised its forecast for the total repossessions for 2009 downwards.
Even with the slow recovery in the property market, the UK has seen house prices rise in the last month. However, sceptics believe that the property market may be heading for a rocky future.
The Bank of England might have to take the drastic measure of quantitative easing ? printing more money ? to help boost the economy.