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Wolseley Will Cut 2,300 Jobs as U.K. Market Weakens (Update4) - Bloomberg
Nov. 18 (Bloomberg) -- Wolseley Plc , the world's biggest distributor of plumbing gear, will cut 2,300 jobs, mainly in the U.K., as people delay refurbishments and British housing starts fall to their lowest since 1945. Reducing the workforce will ...

Mortgage Choice expects profit slump - News.com.au
HOUSING finance broker Mortgage Choice says profit in fiscal 2009 is likely to fall by up to 45 per cent on the previous year, in line with analysts' forecasts. Managing director Paul Lahiff said Mortgage Choice's profit for this financial year would ...

House asking prices down in November - International Herald Tribune
LONDON : Increasingly desperate sellers slashed asking prices for homes in England and Wales by 2.9 percent in November, pushing them 7.1 percent below their level a year ago, a survey showed on Monday. Property Web site Rightmove said sellers were ...

Mortgage arrears leave more people in danger of losing their homes - Exeter Express-Echo
MORE people in Exeter are at risk of losing their homes because of mortgage and rent arrears, new figures show. The number of mortgage repossession orders made by Exeter County Court in July to September was up 25 per cent on the same period last ...

UPDATE:CML: UK Repossessions Rise; Mortgage Arrears To Worsen - FXStreet.com
LONDON (Dow Jones)--The number of U.K. home repossessions rose again in the third quarter and the economic slowdown suggest many more people will fall behind on their mortgage payments in the months ahead, the Council of Mortgage Lenders said Friday ...

Flat retail sales signal more rate cuts - News.com.au
Retail sales rose just 0.1 per cent in September quarter Economists tipping rates cut of up to 50bp in December In-depth : The latest interest rates news and features RETAIL sales in the September quarter were virtually flat, signalling that more ...

UK home repossessions up 12 pct in 3Q from 2Q - WTOP Radio
LONDON (AP) - Home repossessions in Britain jumped 12 percent to 11,300 in the third quarter from the previous quarter, the Council of Mortgage Lenders said Friday, more evidence that the financial crisis is taking its toll on households and the ...

UK home reposessions rise 12 percent in 3Q - Forbes
Home repossessions in Britain jumped 12 percent to 11,300 in the third quarter from the previous quarter, the Council of Mortgage Lenders said Friday, more evidence that the financial crisis is taking its toll on households and the ailing housing ...

Buy-to-let arrears outpace rest of market - Financial Times
Landlords are falling behind on their mortgage payments far more quickly than owner occupiers, says the Council of Mortgage Lenders. It is the first time that buy-to-let investors have lagged behind the rest of the market since the specialised loans ...

Repossessions rise 12% in just three months as 130 families a day have ... - Daily Mail
More than 11,000 homes were repossessed during the third quarter of the year, 12% higher than in the second quarter, figures out today showed. The Council of Mortgage Lenders' data released today showed 11,300 homes were repossessed in the third ...