22 June 2009 Archive
First-time buyers and bad credit borrowers squeezed out
Mortgage lenders have been turning their backs on borrowers with poor credit records and first-time buyers. |
Repossession prediction cut to 65,000
A total of 65,000 homes will be repossessed in 2009, the mortgage industry body has predicted cutting its forecasts. |
House asking prices fall
Average asking prices of new properties new to the market fell for the first time in five months in June, according to Rightmove. |
Landlords see tenant demand slowing
Demand for rental properties is still growing but at a slower pace as interest in buying increases. |
FSA cracks down on lenders
The FSA has warned specialist lenders who push borrowers into repossession will be investigated. |
Nottingham Building Society: "Win-win" property deal
Nottingham Building Society is offering a discount on their house selling-fees to customers whose homes it fails to sell within three months. |
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