According to recent reports the Prime Minister, Gordon Brown, has been under increasing pressure over the past few days to follow the example of the United States is devising some sort of bailout plan for the housing market. The US government recently announced a $700 billion proposal that would be aimed at bailing out Wall [...]

Most people are aware that conditions in the housing market have become increasingly difficult over recent months, and with the mortgage sector still suffering the effects of the global credit crunch and with house prices falling, many homeowners have found that it is difficult or impossible to sell their homes. Estate agents have reported the [...]