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There has been a huge rise in the number of home buyers paying for their new homes in cash.

Figures showing August mortgage activity have been released and show that lending was down 5% from July and down 3% from August 2009 in regards to loans granted to first-time homebuyers.

First-time property buyers are finding it more difficult to get on the property ladder, due to the hardship of raising the funds needed for the huge deposits required.

Due to would-be property buyers struggle to find mortgage finance in the current economic climate, the gap between demand and supply in the housing marking will continue to widen, resulting in further gain in rents.

Strict lending criteria developed by bank and housing pricing levels have meshed, eliminating new potential buyers from the market.

Potential buyers in most of the UK are discouraged to purchase a property due to lenders demanding large deposits.

Recent figures have shown that UK retail sales fell 1.4% in May.

 Social housing costs are proving too expensive, resulting in housing benefit changes currently going through Parliament.

The Council of Mortgage Lenders (CML) warns that home repossessions will likely rise again in 2012.

According to a recent survey, gazumping is pushing up rents in England and Wales, with the average cost to tenants reaching £696 in May.

A BBC investigation has uncovered some unsavoury practices in the debt management industry, including some companies holding the money they receive from clients instead of paying creditors.

A Halifax poll, which included 4,000 non-homeowners as the respondents, shows that two-thirds of young adults who do not own a home believe they will not be able to get on the property ladder.

A recent survey shows that UK manufacturing growth is slowing, with April growth at the weakest in seven months.

Car production in Japan fell in April with manufacturers forced to slow down or halt production, due to part shortages in the supply chain.

According to a recent survey from the Land Registry house prices in England and Wales are still falling.

Research has found that the economies of university towns and cities could be badly hit from 2012 by the decision to raise student tuition fees as high as £9,000.

The Office of Fair Trading (OFT) has closed down four companies that misled people in debt

The president of the World Bank has warned that the world is "one shock away from a full-blown crisis".

Psychiatrists have warned that changes in Western society could fuel a rise in the number of men with depression.

Due to a shortage of parts coming from Japan, Honda is to halve production at its factory in Swindon from Monday

Higher UK postage prices have come into force –with the result that a first-class stamp now costs 46p.

The number of mortgages approved for house buyers by the UK's main banks fell by 10% in 2010.

The Royal Institution of Chartered Surveyors (RICS) reports that housing prices are continuing to drop, due to a shortage of buyers.

Sellers continue to outnumber potential homebuyers, which has led to housing prices still being under pressure to decrease.

Research shows that the most significant issue in the UK housing market is the plight of those trying to buy a home for the first time.

the month of July, first-time home buyers found their share of the mortgage market at the lowest level seen in three years.

Three thousand less homes have been sold compared to October 2010, says HM Revenue & Customs. In total, house sales for 2011 are 5% less than 2010, caused by the lack of mortgage funds and our economies state.

The High Pay Commission says that the extortionate wages of UK executives will damage the nation’s economy. Their “corrosive” salaries are having a negative impact on our economy and "high pay creating inequalities last seen in the Victorian era".

Property prices dropped 0.6% in August from July and 0.4% from a year ago. Experts are expecting the housing market to be subdued for at least another year, with values staying the same of slightly lower as they are today.

For many consumers, obtaining mortgages with higher percentage rates is next to impossible, especially at the lower rates advertised.

Since 1923, the number of new houses built in 2010 was the lowest ever.

Peak house prices and competitive lending conditions in 2007 have left many borrowers in negative equity, It is calculated that in June 2011 over 827,000 loans are in negative equity, of which nearly a third are from loand taken out in 2007.

Due to a fall in property values in July, surveyors are "pessimistic" about UK house prices.

In June, mortgage lending has increased, but the market is still subdued.

Income gaps have continued to widen over the past 30 years, with many low- and middle- income wage earners seeing only slight – if any – improvement in their overall incomes.

A small bank operating in the Portsmouth area has been shut down by the financial authorities.

The Society of Motor Manufacturers and Traders (SMMT) reported a drop in new car sales in April, making it the tenth consecutive month to see a fall.

A leading economic think tank has warned that UK households may face the biggest drop in income for 30 years.

Mortgage lending is still at very low levels, according to the Council of Mortgage Lenders (CML).

The International Energy Agency (IEA) reports that the price of oil has started to have an effect on energy demand.

Rightmove, an estate agency site that lays claim to advertising 90% or properties listed with local estate agents, has stated that much of the property market in the UK is facing paralysis in 2011.

The UK economy shrank by more than previously thought during the last three months of 2010, revised figures show.

Research by ING Direct suggests that the prospect of university fees rising to £9,000 a year is prompting parents to save more for their children's education.

Figures from the British Bankers' Association indicate that the stagnation in the UK property market is continuing.

The United Nation’s Food and Agriculture Organization (FAO) reports that wholesale food costs reached the highest monthly amount ever recorded last month

A recent study shows that UK consumers have experienced their largest monthly fall in confidence in 16 years when it comes to their own finances and the economy.

44,000 – that's how many home loans were provided for house purchase in November 2010, and this in a country of nearly 62 million people.

Research conducted by Incomes Data Services (IDS) suggests that a majority of workers in the UK are facing a real possibility of declining incomes in 2011.

Hometrack, a property website, has stated that homes for sale are spending an average of almost 10 weeks on the market, which is the longest for the past 17 months.

Data from two recent surveys shows that the rental market is under pressure and that average costs are on the rise.

The month of September saw a continuing weak appetite among consumers when it came to borrowing.

The Council of Mortgage Lenders (CML) is not pleased with the City regulator’s plan to place more restrictions on mortgage lending.

The Council of Mortgage Lenders (CML) has issued a warning that prices in the housing market will fall if the City regulator is able to restrict mortgage lending as planned.

Mortgage lending in the UK has dropped for the third consecutive month with new figures underlining just how subdued the property market is.

A recent study shows that 38% of people support increasing taxes for private landlords and those who own second homes.

In August, property values dropped for the second month in a row, prompting surveyors to come forth with their expectations that house prices will continue to fall.

According to the Royal Institution of Chartered Surveyors, house prices are beginning to fall again.

According to figures released by the British Banker’s Association (BBA), the total number of home mortgages approved in June had dropped from the month before to 34,813.

The Halifax reported a slight drop in housing prices for the early summer, as compared to the beginning of the year.

According to the Higher Education Policy Institute, unemployment has risen significantly among recent graduates under 24 years old.

New tax rules regarding Capital Gains Tax will hit higher rate tax payers particularly hard.

Figures reported by the Land Registry show that house prices in Wales and England continue to steadily increase.

For the second year in a row, university graduates are facing lower expected graduate salaries.