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Our View is Distressed Assets' commentary on the UK property market and the economic factors which affect it. Designed to be more of a Twitter than a Blog, it is designed to highlight the latest news and analysis and is brought to you by property industry experts.

The UK's goods trade deficit with the rest of the world unexpectedly widened to its biggest since August 2008 in January. And exports saw their sharpest drop in more than three years, according to the Office for National Statistics (ONS).
Keywords: Trade Deficit, Currencies	09/03/2010 15:56:15

The housing market may have been fluctuating in recent months, but the most exclusive street in England and Wales remains unchanged. Chester Square in London's Belgravia has an average property value of £6.6m and has topped a list of the most expensive streets for a second year.
Keywords: House Prices, Capital Growth, London	09/03/2010 09:12:54

Further rises in house prices may be held back by more properties coming on to the market, surveyors have said. The Royal Institution of Chartered Surveyors (Rics) says new instructions outpaced inquiries from new buyers in February.
Keywords: RICS, House Prices, Equity	09/03/2010 09:11:11

Australian economy grew strongly in the final three months of 2009 capping a year in which it was the only major economy to avoid recession.
Keywords: Australia, GDP, Recession	08/03/2010 15:23:18

French President Sarkozy has said his country will stand "resolute" with Greece as it imposes austerity measures to reduce its 12.7% deficit
Keywords: Greece, Budget Deficit	08/03/2010 15:22:59

The Bank of England has kept interest rates at a record low of 0.5% for the 12th consecutive month.
Keywords: Interest Rates, Inflation	04/03/2010 17:01:02

The pound has tumbled to a 10-month low as fears grow the UK will have a hung parliament in the forthcoming election.
Keywords: Hung parliament	02/03/2010 10:22:46

The level of bad debts written off because defaulting borrowers will never repay them shot up in 2009 to a new record, figures show.
Keywords: Dirty debt, Credit Cards	01/03/2010 12:09:10

Prudential announces it is buying one of Asia's biggest insurance firms in a deal worth $35.5bn (£23bn).
Keywords: Prudential, Insurance	01/03/2010 12:08:46

Lloyds Banking Group reports an operating loss of £6.3bn for 2009, after struggling with billions of pounds of bad loans.
Keywords: Lloyds, recapitalisation	26/02/2010 10:05:03

UK house prices fell for the first time in 10 months in February as icy weather puts off house hunters, Nationwide says.
Keywords: House Prices, Nationwide	26/02/2010 10:04:12

The UK economy grew by 0.3% in the final three months of last year, faster than previously thought, figures show.
Keywords: Economy, Economic Growth	26/02/2010 10:03:54

Over 21 years after they were launched, fixed rate mortgage deals have "come of age", accounting for 68 per cent of new lending in 2009. Halifax, which launched the first fixed rate mortgage in 1988, said that by February 1989, there were 12 of these deals available from 12 lenders. Today, consumers can choose from more than 1,300 products from 69 providers.
Keywords: Property Finance	22/02/2010 17:04:24

UK retail sales slump by 1.8% between December and January, the sharpest drop in 18 months, according to official figures.
Keywords: Unemployment, Economy	19/02/2010 16:37:56

Mortgage lending in the UK dropped by 32% in January compared with the previous month, lenders say.
Keywords: Mortgages, Lending, Stamp Duty	18/02/2010 13:45:46

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