Gross mortgage lending totaled an estimated £18.7 billion in October, almost 7% higher than what was an admittedly weak £17.5 billion lent in September according to new figures from the Council of Mortgage Lenders.
Properties remain over-priced and unaffordable for the vast majority of first-time buyers – despite a 10.5% fall in house prices over the last 12 months, the National Housing Federation has warned.
Click here for more…
A second survey of members conducted by the National Association of Estate Agents (NAEA), the residential sales arm of the National Federation of Property Professionals (NFOPP), regarding the indecision caused by a possible Government Stamp Duty holiday announcement, shows that the crisis is still playing out in the housing market.
Click here for more…
Alliance & Leicester’s Mortgage deals have been re-priced and rates are being reduced on all but one of its mortgage products, which remains unchanged.
Click here for more…
New research from Halifax shows that four fifths (80%) of people who carried out home improvements in the past year financed their work either partly or entirely through their own savings.
Click here for more…
House prices continued to fall during August, with Nationwide reporting that the total drop in house prices over the past year has been by 10.5% - the first annual double digit fall since 1990.
Click here for more…
The Liberal Democrats have set out proposals to help families who are unable to pay their mortgages and are facing the threat of homelessness due to the credit crunch.
Click here for more…
Nationwide Building Society has announced changes to its mortgage product range, which will be effective from Thursday 28 August.
Click here for more…
The National Association of Estate Agents (NAEA), the residential sales arm of the National Federation of Property Professionals (NFOPP), is calling on the government to help the property market by finally taking action on Home Information Packs (HIPs).
Click here for more…
New buy-to-let lending declined in the first half of 2008, with the sector affected by the same conditions constraining the wider mortgage market, according to new data from the Council of Mortgage Lenders.
Click here for more…
In July, mortgage lending rose by £4.3 billion; the same as in June according to figures from the British Bankers Association.
Click here for more…
RSS Headlines
