Housefund Article Archive for October 2008
Average house price drops 8 per cent in September
Annual house prices in England and Wales fell by 8 per cent in September to prices last seen in autumn 2006, according to the latest figures from Land Registry.
Posted in House Prices, Land Registry on 30 October 2008 Sellers expectations could hinder the house market
UK house prices fell for the 12th consecutive month during October and are now nearly 15% lower than a year ago, according to the latest research from the Nationwide.
Posted in 2008, House Prices, Nationwide on 30 October 2008 Building Societies net lending grows during September
Net mortgage lending by building societies increased to £314 million in September, from -£37 million in August, but was still 47% lower than the figure for September last year, the Building Societies Association (BSA) has said.
Posted in 2008, BSA on 30 October 2008 Alliance & Leicester cuts fixed rate mortgages
Alliance & Leicester is launching a new range of mortgages, with all fixed rate products to be reduced by between 0.20% and 0.30% compared to products on it’s previous portfolio.
Posted in 2008, Mortgages, alliance and leicester on 30 October 2008 New Northern Rock mortgage range
Northern Rock has announced its new range of mortgage products offering a free basic valuation and free standard legal work for residential remortgages.
Posted in News on 29 October 2008 Property values fall back to level not seen since 2006
The last 12 months have seen average property prices fall by 7.3%, taking values back to a level not seen since March 2006 according to Hometrack.
Posted in 2008, Hometrack, House Prices on 29 October 2008 ECB head hints at a further rate cut
European Central Bank (ECB) president Jean-Claude Trichet has hinted at the possibility of a further interest rate cut at its next meeting on November 6th.
Posted in ECB, Euro Rates on 28 October 2008
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