Mortgage News Archive History

Mortgage News 

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  Higher mortgage repayments could help avoid losing equity

  Mortgage holders have been told that by making higher repayments while interest rates are at an all time low could help to protect their equity. The Bank of England cut it base rate fell below 2% - the lowest it had been ...

  Fri 30th Jan, 2009
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  Average house prices fall £35.5K since October 2007

  According to the Land Registry, house prices in England and Wales dropped by 13.5 percent in 2008, with the average house falling in value by 2 percent last month from November to £158,846, based on completed transactions. ...

  Thu 29th Jan, 2009
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  Approved mortgages fell 52% last year

  The number of mortgages approved by UK banks fell by 52% in 2008, it has been reported. The number of mortgages approved by UK banks fell by 52% in 2008, it has been reported.The figures were released by The British Bankers ...

  Mon 26th Jan, 2009
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  A further 10% fall in house prices expected this year

  Over the past year house prices in England and Wales have fallen by almost 8 percent and a report has suggested that they will fall by a further 10 percent before hitting rock bottom later this year. Over the past year house ...

  Tue 20th Jan, 2009
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  HSBC launches new low rate mortgages

  HSBC has launched a new range of low interest mortgages aimed at improving the damaged mortgage industry. Experts have given mixed reviews as to whether the move will help to achieve this. HSBC has launched a new range of low ...

  Mon 19th Jan, 2009 (2 Comments)
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  House prices now at levels last seen in 2004

  The housing market has seen further falls according to Halifax, who say that the average price of a house in the UK has dropped to levels last seen in August 2004. The housing market has seen further falls according to ...

  Fri 2nd Jan, 2009