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A significant number of tenants are still struggling with rental payments, according to ARLA.
House prices rose by 1.4% in November, the fifth consecutive month, according to the latest house price index from the Halifax.
The number of mortgage products available for first time buyers is at its highest since May this year, with 1,354 products now available.
The average two year fixed rate has fallen to 4.99%, the first time it has been below 5.00% since 23 June 2009.
Potential first time buyers are still being blocked from the property market by the lack of high LTV mortgage deals.
Buyer enquiries and sales increased throughout May, but analysts are hesitant to call the bottom of the market.
That low SVR may be attractive now, but you should switch to a fixed rate mortgage soon if you want to dodge rising interest rates.
The number of mortgage applicants rejected by lenders has increased five-fold. Follow these steps to boost your chances.
Falling house prices will leave one in four homeowners owing more money than their house is worth, the FSA is warning.
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