Tenants First has outlined proposals for a public housing strategy to meet the housing crisis. It calls for the establishment of a £3 billion fund to be used for a ten-year regeneration programme that will include the setting up a board of representatives from government, tenants and those marginalisedRead More →

State-owned lender Bradford & Bingley has confirmed that one in 20 of its mortgages are in default, and the rate is set to go higher. Chairman Richard Pym said the proportion of borrowers more than three months behind on their repayments had worsened since March, from a rate ofRead More →

Northern Rock has been accused of abusing its government guarantee to grab savings business from other banks, a practice officials say will be stamped on by authorities in Brussels. The bank, which last month became the first UK mortgage lender to be nationalised in more than 25 years, toppedRead More →

The main political parties need to unite around policies to ‘avert social collapse’ caused by rising violent crime and disorder according to two MPs. Their report, due out tomorrow, calls for more support for early intervention schemes in communities to bolster the life chances of children living in deprivation.Read More →

Papers including the Mail interpret comments by Mervyn King yesterday as a signal that the property boom may be over – though the Bank of England governor also said inflation is set to fall. But leading buy-to-let lender Bradford and Bingley sees no signs of a slowdown thanksRead More →