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Welcome to Mortgage News, a look at what is happening with mortgages in the UK. Are interest rates set to rise, what are property prices going to do in the short term and long term future? We will try to separate the rumours and hype from the truth.
Wednesday, 15 June 2011 11:39
Renters paying 10 per cent more than homebuyers
New data has shown that renting a home in Britain is currently almost 10 per cent more expensive than buying a new property. According to Zoopla.co.uk it is also cheaper to buy than rent in 40 out of the 50…
Tuesday, 14 June 2011 12:51
Mortgage lending boost for first time buyers
According to the Council of Mortgage Lenders first time buyers are enjoying more success with them borrowing on average 80 per cent of their property's purchase price in April. The news comes after lenders appeared to be loosening their lending…
Tuesday, 14 June 2011 09:26
House-price index hits four month low as confidence weakens
The Royal Institute of Chartered Surveyors (RICS) said that the UK house price index hit a four month low as lending restrictions and concerns about the economy dented people's confidence. The number of real-estate agants and surveyors saying prices fell…
Tuesday, 14 June 2011 09:19
Only 14 per cent of people think selling now is a good idea
The latest Halifax housing market confidence tracker has shown that only 14 per cent of Britons believe now is a good time to sell property. That is in stark contrast to 50 per cent of people who think it would…
