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Britons are optimistic about their chances of buying a new property despite the state of the housing market.
The Financial Services Authority has fined Norwich and Peterborough Building Society £1.4 million for failing to give its customers suitable advice in relation to the sale of Keydata products.
Homeowners are in the dark on the implications of an interest rate rise on their mortgage payments.
HSBC is offering zero fee trackers with the freedom to switch to a fixed rate.
The strain on consumers' finances due to high inflation, which dropped to 4.0% in March, means that many are choosing to repay their mortgage rather than save.
The average rate homeowners would be prepared to fix at is now an utterly unrealistic 3.3pc, says unbiased.co.uk
The shortage of rental property will continue into next year, with demand far exceeding supply.
44pc more chartered surveyors reported house price falls in November, says RICS
Although Nationwide says property prices have fallen slightly, rents are rising, says RICS
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