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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.
Monday, 13 June 2011 14:20
Optimism grows for the mortgage and housing sector
More Britons are feeling confident that house prices will rise in the next twelve months, according to moneyfacts.co.uk. Even though prices fell in April, 33 per cent of people questioned by Halifax think that house prices will start to rise…
Friday, 10 June 2011 14:01
Limited mortgage offers to get more borrowing
A new mortgage offer is being launched by lenders that will only be available for a limited period in a bid to encourage borrowers to take advantage of the deals. Santander is launching two mortgage offers on Friday through its…
Friday, 10 June 2011 11:56
Virgin money could pose threat to other UK mortgage lenders
Virgin money could pose a serious threat to other UK mortgage lenders if its plans to take over Northern Rock and 600 Lloyds Banking Group branches come to fruition. Lloyds has been told by the European Union that it has…
Friday, 10 June 2011 11:37
First-time -buyer numbers fell last month
The number of first-time buyers getting on the property ladder fell last month. Approvals for homes costing less than £125,000 totalled just 23 per cent of all approvals, according to e.surv's mortgage monitor survey. In 2007 the proportion of approvals…
