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Without government action addressing the chronic amount of under supplying homes, it is a possibility the housing market will plummet into a deep crisis.

The most recent survey put out by the Nationwide building society shows that the housing market in the UK remains subdued.

UK mortgage lending remained at low levels in February as the housing market remained "stuck in a rut", lenders have reported.

According to the latest survey from the Royal Institution of Chartered Surveyors (Rics), the property market is flat everywhere in the UK except London.

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.

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

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

A recent survey of recruitment firms conducted by the Recruitment and Employment Confederation (REC) suggests that the UK employment market continues to weaken.

A recent Halifax report states that there has been a significant slowdown in the UK housing market and mortgage lending sectors in recent months.

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.

A recent survey under High Street retailers unveiled that 46% of the retailers have seen their sales fall in August and the current condition of the retail market is under a lot of pressure.

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

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

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

The Nationwide building society reported an increase in home prices in March – up 0.5% from the previous month and about 0.1% from the same month last year.

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.

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.

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.

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.

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

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

To slow down the rapid slump in the property market, UK residents enjoyed a temporary stamp duty holiday on properties valued between £125,000 and £175,000 beginning in September 2008.

In this market of fewer fast house sales, repossessions are increasing.  Before taking back your home, a lender must prove a few things during a repossession hearing.  

There is more rough news for the job market in the UK, as Jaguar announced that it is axing 300 jobs from its Halewood plant on Merseyside. With more people set to lose their jobs, sell and rent back options rapidly gaining in popularity.

Recent news from the Bank Of England acknowledged that approximately 7 - 11% of UK property owners have negative equity; a further blow to a poor property market.

In a bit of rare good news for the housing market, a rise has been reported in UK house prices. In May on April, house prices rose 1.2%, giving a bit of encouragement to anxious homeowners.

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.

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.

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

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

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

According to the IMF, higher prices for oil, economic turmoil in the eurozone, impact of spending cuts, and plummeting prices could throw the economy off course.

For the first time this year, home sellers lowered asking prices, according to Rightmove, a property website.

So far in 2011, 382,000 UK homes have sold, which is down from 407,000 homes sold in the first six months of 2010.

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.

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

Nokia, a major mobile phone service provider, reports that sales and profit margins for this quarter are now expected to be significantly lower than company forecasts.

Chairman of the eurozone finance ministers, Jean Claude-Juncker, recently announced that Greece may need further assistance via financial bail-out.

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

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.

Centrica, which owns British Gas, has put out a warning that customers may soon see an increase on their energy bills.

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

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.

Plymouth City Airport will be closing in December, it has been announced.

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".

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

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

For those who want to sell house fast, good luck: mortgages are getting harder and harder to find as UK borrowing hits a new record.

Savers are finding it harder than ever to protect their funds from inflation erosion.

According to a report by the Halifax, UK house prices fell by 0.9% this February, compared with last month, cancelling out a rise in January.

Many home owners are choosing to sell and rent back because of the ongoing sluggish state of the UK economy and prolonged unemployment.

Between October and December 2010, unemployment rose 44,000, to a total of 2.5 million people unemployed.

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.

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

In January 2011, the UK's Consumer Prices Index (CPI) rose by 4%.

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.

The economic situation in the UK remains grim. Recent unemployment figures show that joblessness continues to hover around 8%, jumping to 20% for 16 – 24 year-olds

Fraud costs the UK economy £38bn a year, with more than half of that suffered by the public sector, according to official estimates.

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

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.

The British Chambers of Commerce is forecasting slower than expected economic growth in the coming year, downgrading its September forecast of a 2.2% GDP growth in the UK in 2011 to just 1.9%.

Leading energy company bosses told the Parliament’s Energy Committee that they expect increases in energy bills in the coming years.

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

The Council of Mortgage Lenders has asked the Financial Services Authority (FSA) to weaken plans for restrictions on mortgage lending, calling the plans “flawed and impractical.”

According to the BBC, the Spending Review has revealed that the budget for England’s social housing programme is facing cuts of more than 50%.

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.

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

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

Purchasing a new home is becoming increasingly cost-prohibitive, and it doesn’t look like the situation will improve any time soon.

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.

Rampant wildfires and drought have devastated Russia’s wheat harvest, causing the prime minister to make the unprecedented move of placing a ban on the exportation of wheat.

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.

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.

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.

A survey conducted by the CBI business group found that UK High Street sales hit their lowest point in 14 months this May.

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

A survey conducted by High Fliers found that university students do not feel secure in their career options after graduation.

Both new and current borrowers are seeing higher interest rates on mortgages as of 1 June 2010.

Official figures show a significant increase in UK inflation in March 2010. In the previous month, the rate of inflation was at 3%, sharply rising to 3.4% in March.

Government borrowing hit a new peacetime high last year, reaching £163.4 billion (equivalent to 11.6% of the Gross Domestic Product) by the end of the financial year.

According to a recent survey of lenders, in the next three months overdrafts and personal loans will only be made available to those who are considered “better quality” borrowers.

The budget deficit is expected to reach £178 billion this year, which is 12.6% of the Gross Domestic Product (GDP).

As we continue to see the effects of the economic downturn, we now have a better idea of the manner in which businesses have been affected.

In order to address the UK’s £178 billion deficit and to begin to re-establish credibility in public finances, the government must start implementing public spending cuts this year.

2010 has not started out well for public finances. In January, the government borrowed an additional £4.3 billion, bringing the total to the highest since record keeping began in 1993.

Borders, a major bookseller in the UK, announced they will be closing up shop and attempting to sell their group of 45 stores.

Sell Home Fast through Property Rescue and enjoy no nonsence advice and helpful staff.  Infact we pride ourselves on our approach and have answered some of our most popular Sell House Fast questions.

In this first of 2 articles about Sell and Rent back FAQ's, we've compiled our most frequetly asked Sell to Rent questions. The next Sell and Rent back FAQ article will folllow next week.