Housefund Article Archive for July 2007

 New fee free lifetime tracker from Woolwich

With two base rate increases already this summer and the expectation that we could be reaching the top of the interest rate cycle, Woolwich has launched a lifetime tracker with no application fees at just 0.17 per cent above base rate (current payment rate 5.92 per cent), its best ever rate for a fee free [...]

Posted in Mortages:Tracker, Woolwich on 31 July 2007

 HIPS loopholes described as ambiguous

The Association of Home Information Pack Providers (AHIPP) has said that it’s ‘HIP Code’, which was first launched in 2006, has put paid to rumours of ‘loopholes’ in the current Home Information Pack (HIP) regulations.

Posted in HIPS on 31 July 2007

 Northern Rock Launches New Product Range

Northern Rock has updated its mortgage portfolio to flexibility to meet the broad range of borrower’s needs.

Posted in Mortgages, Northern Rock on 31 July 2007

 Warnings of HIPS being used for tax revaluations

The Conservatives have warned that Home Information Packs (HIPS) due to be launched on August 1, will provide a database for the revaluation of private homes, enabling local authorities to increase council tax bills.

Posted in Conservatives, HIPS on 31 July 2007

 Nationwide updates its mortgage rates

Nationwide Building Society has announced changes to its rates on some of its fixed rate and tracker mortgages.

Posted in Interest Rates, Mortgages, Nationwide on 31 July 2007

 July house prices practically stalled

House prices increased at their slowest rate for 18 months during July as higher interest rates continue to dampen demand for property.

Posted in Hometrack, House Prices on 30 July 2007

 June house prices were positive

House price change in England and Wales remained positive for residential property transactions that completed in June 2007, the Land Registry has said.

Posted in Land Registry on 28 July 2007