3 March 2008 Archive

£1bn housing market renewal programme unveiled

Property: Government announces £1bn housing market renewal programme

The government has announced it will spend £1 billion in a new housing market renewal programme (HMRP) - designed to revitalise the housing market in key areas.

No tracker mortgage rate cut expected

Tracker mortgages: No change for March MPC meeting

The Bank of England will not change interest rates this week after last month's cut to 5.25 per cent, a poll of leading economists reveals.

Mortgage crisis set to create new generation of savers

Piggy banks: back in vogue

Mortgage-lenders' reluctance to provide high-value loans to borrowers will see the UK revert to the old-fashioned culture of saving, experts predict.

Auction letdown hammers home mortgage challenges

Houses: plenty on the market, but fewer being sold at auction

Tighter mortgage-lending conditions have been blamed for a 50 per cent increase in the number of properties unsold at auction last year.

New student mortgage launched

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Students are being given a helping hand in the mortgage market thanks to a new property-buying plan being launched by Capital Fortune.

Fears over corporate buy-to-let

Skyscraper: the residential market is going commerical

Good landlords could be driven out of the buy-to-let residential property sector if a brand-driven home rental sector emerges in the UK.

Lenders to blame for buy-to-let lending splurge

Buy-to-let: lenders should have 'shut the door" on mortgages

An attack has been made on mortgage lenders who provided funding to new buy-to-let investors when the credit crunch set in last year.

Lifetime mortgages: Don't bank on equity release

Retirement: don't rely on your home to provide for the autumn years

Homeowners pinning their hopes on investment in their property to fund their retirement may face disappointment, new analysis shows.

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