Friday December 21st, 2007
The affordability crisis hitting UK property has been revealed by a report showing first-time buyers at the lowest level since 1980, with some towns almost completely out of reach
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Friday December 21st, 2007
The Royal Institution of Chartered Surveyors (Rics) believes that the base rate of interest will be cut to five per cent early next year.
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Friday December 21st, 2007
Homeloan Management Limited (HML) chairman Steve Haggerty has been appointed managing director of Skipton Building Society with responsibility for the trading performance of the Society. …
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Friday December 21st, 2007
Shareholders of Northern Rock may get a chance to air their views on the state of the bank at an extraordinary meeting next month. …
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Friday December 21st, 2007
The Office of National Statistics has revealed Britain’s current account deficit has reached a record £20bn. …
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Friday December 21st, 2007
Landlords are benefiting from increased demand for rented accommodation.
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Friday December 21st, 2007
Friends Provident has imposed restrictions on policyholders wishing to make withdrawals from its property fund. …
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Friday December 21st, 2007
Investment bank Bear Stearns has posted the first loss in its history after having to write off $1.9bn from the value of its holdings of mortgage-related assets. …
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Friday December 21st, 2007
Propertyfinder.com has released its forecast for 2008 and expects the housing market to have a quieter 2008. …
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Friday December 21st, 2007
At long last there is scrap of good news for borrowers on variable rate mortgages linked to standard variable rates, with just over 50% of mortgage providers (53 lenders) having already signalled their intention to cut rates.
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