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Property crash opens door to the new council house

timesonline.co.uk
28-Aug-2008
        
Story Timeline:  95 days

Francis Elliott, Siobhan Kennedy and Jill Sherman Gordon Brown is set to usher in a new era of council housing by helping local authorities to buy repossessed and unsold properties. Cash and powers will be made available so that town halls can intervene in the housing market, The Times has learnt. The measures – which could be announced as soon as Tuesday – will encourage councils and housing associations to... [read full story]                    

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Government hope to turn around housing crisis with package of measures to help first-time buyers

 dailymail.co.uk 31-Aug-2008
First article on this story:

Mortgage rescue fund at the ready as property slump gets even worse

 timesonline.co.uk 28-Aug-2008
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Brown plans a new era of council housing

thisismoney.co.uk
31-Aug-2008
        

Gordon Brown is preparing to unveil the first measures of his economic recovery package with emergency moves ushering in a new era of council housing. Amid mounting evidence of a looming price crash, ministers are set to...

Councils to bailout struggling borrowers

telegraph.co.uk
29-Aug-2008
        

Local authorities are to be given new powers and money to buy repossessed and unsold properties, heralding a new era of council housing. Councils and housing associations could offer financial help to those struggling...

                   

Mortgage rescue fund at the ready as property slump gets even worse

timesonline.co.uk
28-Aug-2008
        

Gráinne Gilmore and Miles Costello The housing slump appears to be getting rapidly worse as ministers prepare to give councils extra money to intervene in the market. House prices fell at the fastest rate in 18 years this...