Lower mortgage rates are failing to revive the property market, with total mortgage lending falling by £600 million in October.
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Abbey has hiked the rates on all its tracker mortgages by 0.5%, cancelling out tomorrow’s expected base rate cut.
Fixed rate mortgage are finally getting cheaper, but only if you have a sizeable deposit.
Chancellor Alistair Darling refused to rule out a suspension of Stamp Duty in a package of measures to help the housing market.
The average rate on a two year tracker mortgage is now 0.55% lower than a two year fix.
Home Information Packs are extremely expensive yet contain little useful information, a scathing report has claimed.
Almost everyone except the government and the HIP providers thinks HIPs are irrelevant and costly
The hotspots are still seeing price growth regardless of the rest of the country
The mortgage market hasn't seen any
genuinely new products recently so this new offering is good news
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