16 April 2009 Archive

900,000 in negative equity

Homes face negative equity

Some 900,000 homeowners are currently in negative equity - with falling house prices to increase the number of those owing more on their mortgages than their homes are worth.

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Nationwide Building Society will introduce a range of new products for people both buying a new home and refinancing their existing mortgage.

Alliance & Leicester adds to mortgage line

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Alliance & Leicester has extended its range of fee-free mortgages to include 4.69 per cent three and 4.79 per cent four-year fixed rate remortgage and homebuyer options.

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