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Archive for December, 2010

Monday, December 20, 2010 @ 12:12 PMadmin

‘Patchy and weak’ recovery, increases to arrears and repossessions…

The Council of Mortgage Lenders (CML) have published their predictions for the 2011 housing and mortgage markets. Details

Friday, December 17, 2010 @ 02:12 PMadmin

Bank of England warns mortgages will increase but property values may fall

The Bank of England have warned that mortgages may increase by £500 when interest rates rise in 2011. This comes as a double whammy as they are also warning that house prices could plummet as well. Details

Thursday, December 16, 2010 @ 10:12 AMadmin

Many Hold Off Buying Property Due To Economic Uncertainty

The BSA (Building Society Association) have conducted a survey which has found that many people are holding off buying property because of economic uncertainty  and fears of job losses. UK residents are also finding it difficult to secure mortgage lending as lenders tighten criteria. Details

Wednesday, December 15, 2010 @ 03:12 PMadmin

The Rapid Homebuyers Can Help Stop Your Repossesion.

 

The CMLs annual forecast for the UK property market seems to show continued stagnation, with the current low level of sales persisting, and prices falling or staying the same. Details

Tuesday, December 14, 2010 @ 02:12 PMadmin

More Doom And Gloom In The Property Market.

 

A lack of first-time  property buyers and anxiety about the impact of the government’s spending cuts were named by estate agents today as the key factors behind a slowdown in Britain’s property market last month. Details