30 November 2006 Archive

Brits not being driven to interest-only mortgages

High prices are not driving Brits to interest-only mortgages, the CML finds

There is no evidence housing affordability is driving Britons to take out interest-only mortgages without having a plan for repaying the loan.

Nationwide: House prices surge in November

House prices surged 1.4% in November, Nationwide reveals

Against all expectations house prices continued to soar in November, according to Nationwide, despite interest rates climbing to a five-year high.

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