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New seller supply continues to outstrip demand, and as the holiday season continues, Rightmove reports an average asking price fall of 1.7% (£4,091) across the 117,000 new properties added this month.

This is the biggest reduction in asking prices measured so far this year, and follows on from the drop of 0.6% in July.

It is not the best time to be a graduate job seeker.

A lack of vacancies has left almost 70 graduates chasing each new position and with at least 350,000 graduating from university every year and public sector cuts looming, the job outlook seems gloomy; some are predicting graduate unemployment levels to reach 25%.

A new benchmark for housing design in London will create bigger, brighter and more sustainable homes for the capital.

The London Development Agency has published the new London Housing Design Guide, which sets out the Mayor of London's aspirations for the design of new housing across the city.  It has been compiled after extensive consultation on a draft guide launched by the Mayor in July 2009.

One in three adults are thinking about the cold winter ahead and nearly half (44 per cent) are concerned about the impact this will have on their energy bills, a survey by the Home Heat Helpline has found.

It revealed that retired people are the most concerned about a winter similar to last year's cold snap, with one in two retirees worried about the high cost of bills.

Gross mortgage lending totalled an estimated £13.6 billion in July, a 5% increase from £12.9 billion in June but down 3% from £14 billion in July 2009, according to new data from the Council of Mortgage Lenders.

In yesterday’s market commentary, CML economist Paul Samter said:

Sentiment in the construction sector began to decline again in the second quarter of the year, as fears over the scale of public spending cuts and ongoing uncertainty about prospects for the economy hit the construction industry, says RICS.

Despite some encouraging signs at the beginning of the year, latest data shows seven per cent more surveyors reporting a fall than rise in total construction workloads. This is in comparison to the previous quarter where five per cent more surveyors reported rising, rather than falling workloads.

Brits heading abroad for an extended trip away this year could risk leaving their homes uninsured if left unoccupied for more than 30 days warns moneysupermarket.com.

By analysing policies from top home insurance providers the research reveals home insurance policies could become invalid if left unoccupied for only 30 days, worrying news for the half million Brits who live abroad for part of the year and almost 300,000 people that head off on a career break or gap year in retirement each year.

A small business support group is warning that inaccurate property valuations are preventing many smaller firms from accessing affordable bank lending.

The Forum of Private Business believes that banks are often under-valuing properties when considering them as security for business loans.

ITV1 is set to expose rogue tenants on its primetime 'Tonight' programme entitled 'Nightmare Tenants.

The programme is set to highlight some of the financial issues that landlords can experience when they rent their property out to a nightmare tenant, and will be mainly doing so by using three cases that tenant eviction specialists Landlord Action are currently acting on, including their biggest rent arrears case to date.

Eurolink, the specialist property software company has formed a new partnership with energy company Spark.  
 
Eurolink director Richard Murray said: