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BBA Releases Gloomy Lending Figures
BBA Releases Gloomy Lending Figures24 Jul 2008  |  by Peter Wakeford
A new low in mortgage approvals has been marked by a monthly survey from banks.

Which? Slams Standard of UK Mortgage Advice
Which? Slams Standard of UK Mortgage Advice23 Jul 2008  |  by Peter Wakeford
Banks, independent financial advisors and estate agents are effectively failing mortgage customers, it has been alleged.

FSA Calls on Lenders to Fight Mortgage Fraud
FSA Calls on Lenders to Fight Mortgage Fraud23 Jul 2008  |  by Peter Wakeford
Mortgage firms must help out in the war against corrupt brokers, the financial watchdog has said.

First Time Buyer Numbers 'On The Increase'
First Time Buyer Numbers 'On The Increase'22 Jul 2008  |  by Peter Wakeford
Homes could be becoming more affordable to those who do not yet own property, estate agents have said.

Sub-prime Lender 'Forced to Offer Discount'
Sub-prime Lender 'Forced to Offer Discount'22 Jul 2008  |  by Peter Wakeford
A mortgage firm has decided to reduce loans for some customers by eight per cent - in order to encourage redemptions.

Higher House Prices in Market Towns
Higher House Prices in Market Towns21 Jul 2008  |  by Peter Wakeford
Houses in the market town of Beaconsfield have an average value of £704,724 with properties in similar areas also attracting high prices.

House Prices 'to Fall for 2 years'
House Prices 'to Fall for 2 years'21 Jul 2008  |  by Peter Wakeford
One expert has suggested that house prices in the UK and the US will continue to fall for the next two years.

Mortgage Lending Down
Mortgage Lending Down 18 Jul 2008  |  by Peter Wakeford
Mortgage lending fell last month, with experts expecting the trend to continue for the remainder of the year.

Media To Blame For Property Boom and Bust, Experts Suggest
Media To Blame For Property Boom and Bust, Experts Suggest17 Jul 2008  |  by Peter Wakeford
TV shows such as Sarah Beeny's Property Ladder inflated the house price bubble, which burst last year in the credit crunch.

Market Boosted by Nationwide Rate Cut News
Market Boosted by Nationwide Rate Cut News17 Jul 2008  |  by Peter Wakeford
The mortgage market is set to benefit from fresh rate reductions - as the sector continues to enjoy positive sentiment stemming from the takeover of Alliance & Leicester.

Government Announces New First-Time Buyer Assistance
Government Announces New First-Time Buyer Assistance16 Jul 2008  |  by Peter Wakeford
New home-building and "rent then buy" initiatives were unveiled today by housing minister Caroline Flint.

CML Unveils New Plan For Boosting Mortgage Market
CML Unveils New Plan For Boosting Mortgage Market16 Jul 2008  |  by Peter Wakeford
A new plan to shift hard-to-sell financial instruments from banks' balance sheets has been unveiled by mortgage lenders.

Surveyors Detect Further Property Slowdown
Surveyors Detect Further Property Slowdown15 Jul 2008  |  by Peter Wakeford
Buyers are in a new position of strength due to the continuing woes of the housing sector, surveyors have indicated.

Property Slides Another 2%
Property Slides Another 2%14 Jul 2008  |  by Anthony J. Bounds
Yet more bad news for homeowners looking to sell up as house prices fall another 2%.

A&L Taken Over By Santander
A&L Taken Over By Santander14 Jul 2008  |  by Peter Wakeford
The lender confirmed today that it will be bought out in a £1.25 billion deal.

Mortgage Fraud 'Hotspot' Identified
Mortgage Fraud 'Hotspot' Identified14 Jul 2008  |  by Peter Wakeford
A majority of mortgage brokers banned by the FSA this year is located in an area of east London, an investigation has shown.

US Government Steps In As Lenders Face 'Collapse'
US Government Steps In As Lenders Face 'Collapse'14 Jul 2008  |  by Peter Wakeford
America's two largest mortgage lenders are to receive public backing, due to concerns over their balance sheets.

Bank of England's Interest Rate Hold Criticised
Bank of England's Interest Rate Hold Criticised11 Jul 2008  |  by Peter Wakeford
Some lenders have taken the initiative and reduced rates, after the Bank failed to implement its own reduction to the base rate of interest.

First Time Buyers
First Time Buyers 'Facing Tough Times'10 Jul 2008  |  by Peter Wakeford
Despite the well documented fall in house prices, first time buyers are still struggling to get on to the housing ladder - with some couples having to save an entire year's pay just for a deposit.

House Prices
House Prices 'Fell 2% Last Month'10 Jul 2008  |  by Peter Wakeford
Britain's biggest lender, Halifax, now claims that the average house price is six per cent lower than it was last year.

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