News For April 2008

Credit crunch not affecting top-end of property market
The credit crunch has not had an impact on the top-end of the property market, according to Primelocation.com. ... Read more...

Interest rates 'to fall to 4.5 per cent by 2009'
Poor economic conditions will result in interest rates falling to 4.5 per cent by next year, according to the Royal Bank of Scotland. ... Read more...

Existing borrowers 'should be offered better deals'
Existing customers of mortgage lenders, who have kept up with their repayments, should be offered the same deals as new clients, according to the Repossessions Advice Centre (RAC). ... Read more...

Finance experts predict interest rates cut
Major financial institutions are predicting that interest rates will be cut by 0.25 per cent when the decision is announced on Thursday. ... Read more...

Mortgage fraud could decrease
Mortgage fraud may decrease because it is not masked to the same extent as when house price inflation was high, according to the Council of Mortgage Lenders. ... Read more...

Number of home movers decreases
The number of people moving house in the UK is down considerably, according to Iammoving.com. ... Read more...

Average deposit for first-time buyers rises
The average deposit which a first-time buyer puts down on their house has risen by two-thirds since October last year, according to a new report. ... Read more...

Renting trend 'not a fad'
The recent trend of renting houses rather than buying is set to continue for the next 12 months, according to Iammoving.com. ... Read more...

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