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News For April 2008
Around 85% of borrowers 'to benefit or see no impact from rate cuts'
Around 85 per cent of mortgage borrowers will either see no impact or benefit directly from rate reductions by the Bank of England, according to an expert. ...
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Financial difficulties 'may benefit first-time buyers'
Current difficulties in the financial sector could actually be beneficial for first-time buyers, according to an expert. ...
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EC mortgage proposals 'should be shelved'
Proposals featured in the European Commission''s (EC''s) white paper on the continent''s mortgage markets should be shelved, according to an industry body. ...
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Buy-to-let market 'still strong'
The UK''s buy-to-let market is "still strong" despite the withdrawal of some mortgage products, according to a specialist broker. ...
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Buyers who took out 100% mortgages before last year 'safe'
People who took out 100 per cent mortgages before last year should be "fairly safe" from negative equity issues, according to an expert. ...
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Mortgage borrowers 'can overcome negative equity'
Mortgage borrowers can overcome the issue of negative equity on their homes, according to a financial expert. ...
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First-time buyers 'need to consider all of their options'
First-time buyers in the UK have been told it is "really important" for them to examine all of their options before entering the housing market. ...
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First-time buyers 'turn to family for help'
First-time buyers are increasingly turning to their family for help in raising a deposit, according to an expert. ...
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Different types of borrower 'need to be accommodated by market'
A number of different types of borrowers need to be accommodated by the mortgage market if conditions in the sector are to improve, according to an expert. ...
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Underlying factors in property market 'still exist'
The underlying factors that help to maintain the UK property market are still in place, according to the National Association of Estate Agents (NAEA). ...
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Consumers 'to get help from lenders'
It has been announced that consumers are going to get more help from mortgage lenders after discussions between the companies and the government yesterday. ...
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Shopping around for deals 'can reduce the impact of credit crunch'
Shopping around for the best mortgage deals available to them can help consumers reduce the impact of the credit crunch on their finances, according to an expert. ...
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Three lenders 'dominate mortgage market'
New research has claimed that three mortgage lenders are currently dominating the sector. ...
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First-time buyers 'cut deposit savings'
First-time buyers in the UK have cut the amount of money they have put away for a deposit in the past year, according to a new study. ...
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CML welcomes Bank of England mortgage aid
The Bank of England''s new scheme to help the mortgage market has been welcomed by the Council of Mortgage Lenders (CML). ...
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Latest News
First time buyers 'to benefit from house price falls'
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A fifth of borrowers 'buy home cover from their lenders'
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Offset mortgages 'can offer greater flexibility'
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'UK sees slowing down of house price falls'
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Long-term mortgages 'still in demand'
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