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 Property industry welcomes extension of flood agreement

floods-7044301The British Property Federation (BPF) has welcomed confirmation from the Association of British Insurers (ABI) that its members will continue to offer flood insurance for an extra month beyond the end of the current agreement with Government which expires on 30 June.
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 Clydesdale and Yorkshire Banks lower fixed rate mortgages

money11Clydesdale and Yorkshire Banks have introduced new lower fixed rate mortgages.
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 More borrowers favouring longer-term fixes

logo_ybs1New evidence supports Yorkshire Building Society’s findings that more borrowers are choosing to fix their mortgage for the longer term as economic conditions remain uncertain.
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 Key worker house purchase affordability improves

uparrowLatest research from Halifax shows the ability of key public sector workers to purchase their own home continues to improve and is approaching the level achieved ten years ago before the house price boom.
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First-time buyer activity remained strong in March with the number of first-time buyers increasing by 20% according to data published today by the Council of Mortgage Lenders.

While most young people are struggling to get on the property ladder, some over 50s are clinging on to the last rung.

Leeds Building Society has reduced the rate on its 5 Year Fixed Rate Local Authority Mortgage Scheme (LAMS) mortgage by 0.50%, to 4.99%, which is available up to 95% LTV

A growing DIY skills gap and an empty toolbox is leaving young adults ill-equipped to do basic household maintenance tasks, relying instead on mum and dad for both advice and hands on help.


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