It was the most expensive house in Britain when it went on the market, but six years on Updown Court is still empty. Who would live in a £70 million house like this? Well, David, let’s go through the CCTV-monitored keyhole and marvel at 50,000 sq ft of Surrey real estate: 250 tons of Italian marble, 27 bathrooms, a quarter of a mile of under-driveway heating, 58 acres of landscaped gardens, an underground squash court, a bowling alley, a panic room with its own ancillary air conditioning and two indoor swimming pools – both filled with green stagnant water and beginning to smell.

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Over the next four years there is only a 12 per cent chance that real house prices will have risen back above their 2007 peak, according to PwC's analysis. Over the next four years there is only a 12 per cent chance that real house prices will have risen back above their 2007 peak, according to PwC's analysis. In fact the median projection over the period until 2015 is for a 12 per cent real decline.

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Britain's housing market saw subdued activity in June as fewer vendors put properties on to the market while buyers again sat on their hands, according to new research. "London, however, remains a market apart, with both sales and prices showing a greater degree of resilience."

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The Association of Residential Lettings Agents (Arla) found 56% of its members reported that rents have risen over the past six months, compared to 53% three months ago. Some 42% reported that tenants are struggling to pay rents, in line with the previous quarter, with about the same proportion haggling with landlords.

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The Eurozone crisis appears to have pushed more European tenants into the central London rental market since the beginning of the year, with European tenants taking 30.4% of all new lets between January to May 2011 compared to 25% during the same period in 2010

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Knight Frank today launches to market the St John’s Wood Barracks site, in North London, which represents one of the last remaining prime central London residential development opportunities of any scale. Offers in excess of £225 million will be considered.

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SalarO is proud to announce the first Free Android App released earlier in the week.This Application is designed to work in conjunction with our www.properties.co.uk iphone and smart phone optimised portal at iphone.properties.co.uk. This module allows you to search for properties in UK and Overseas from our expanding database of properties in UK or Internationally. The App will also be made available for Android.

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Average cost of a UK home dropped by 0.4 per cent during the month. “The mixed pattern of monthly price rises and falls so far this year is consistent with a slowing market and is in line with our view that house prices will be flat during 2010,” Martin Ellis, an economist at Halifax, said in the statement.

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SalarO has launched new iPhone Free App for iphone.properties.co.uk. This Application is to be made available for free at Apple App Store and is designed to allow you with an easy method of checking to find Properties for sale as well as properties to rent.

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BBC reported Mortgage lending jumped to £11.5bn in March, a 24% rise from February. According to figures released on the 19th April 2010 by the UK's Council of Mortgage Lenders (CML), overall lending in this sector rose to around £11.5 billion in March.

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