Homeowners in no rush to sell their homes are turning their properties over to the rental market to avoid selling at a low price during the housing correction, it has been found.
One of Travers Smiths' top private equity bankers is to move Bridgepoint Capital, it has been announced.
The location of a property will make the difference between its price bouncing back to 2007 levels in just three years, or as much as eight years.
Housing transactions for 2008 are set to drop 60 per cent lower than the annual rate seen during the UK's last recession in the 1990s, it has been suggested.
Residential land across the country has dipped in value by over a fifth in the past year, it has been found.
Homeowners in the UK are now choosing to let their homes while they wait for the market to return to favour sellers, new research has indicated.
Ocon Construction has won its third student accommodation contract with the University of Nottingham, it has been announced.