House prices fall for third month in a row
UK Mortgage / Real Estate News
The typical house price in England and Wales has dipped below £160,000 for the first time in at least a year, according to new statistics by mortgage lender Halifax.
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Broke homeowners turn to lodgers for cash-boost
UK Mortgage / Real Estate News
The number of people taking lodgers in an effort to supplement income has doubled in the past year to nearly a million, according to new research.
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Mortgage lending down 10% in September
UK Mortgage / Real Estate News
The amount of money lent out for home purchase in September dropped by 10% from the previous month and 15% from last year, according to the latest estimates.
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New FSA borrowing rules protect mortgage prisoners
UK Mortgage / Real Estate News
New rules around mortgage borrowing have been announced by the FSA in a bid to stamp out irresponsible lending ? they also include protection for existing borrowers.
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Slight boost as house prices nudge up in October
UK Mortgage / Real Estate News
The latest data suggests home prices increased last month, albeit by a small amount, cancelling out falls in September.
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Repossessions and arrears fall as property owners stay the course
UK Mortgage / Real Estate News
The number of properties repossessed in the last quarter fell as determined Brits kept up with mortgage repayments despite tight finances.
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London costs first-time buyers additional £100K
UK Mortgage / Real Estate News
Property prices in London are so expensive that a first-time buyer's average home in the capital costs £100,000 more than the national average property price.
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Chelsea BS first-time buyer offset deals 'unique in the market'
UK Mortgage / Real Estate News
First-time buyers are being encouraged to choose offset mortgages, which can help them cut the time it takes to pay off their loans and save them money too.
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