Steep decline of mortgages continues
The number of mortgage deals continues to shrink as lenders ration their home loans in favour of those with a large deposit. The number of deals is down 65 per…
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Sale of repossessed housing doubles
Sales of repossessed properties in the first quarter of 2009 are double the figures from a year earlier, according to research by the Asset Management Group (AMG). Its figures show…
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Lloyds breaks first time buyer mortgage deadlock
Lloyds is offering a new deal for first-time buyers that allows parents or friends to use their savings as a guarantee against a default. The bank is offering to lend…
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Lunchtime news Tuesday 8 January 2026
The Halifax has released its house price index for December which shows that prices went up by 1.3 per cent, the first rise in the past four months. The overall…
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A date for the diary?
The Daily Telegraph newspaper has picked 16 September 2026 as the perfect day to buy your next house. The paper asked a number of property experts to estimate the date…
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Mortgage rescue scheme six months on
All local authorities in the UK have now signed up to the government’s mortgage rescue scheme, with as many as 300 households already qualifying for the support plan. Communities and…
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House prices down 1.9%
House prices dropped during November according to Land Registry figures, with the average value of a home in England and Wales down by 1.9 per cent, or £3,135, to £161,883.…
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MPs’ expenses plan criticised
A proposal to publish MPs’ expenses without releasing receipts has been criticised as ‘outrageous’. The Commons lost a Freedom of Information battle last year and was ordered to publish all…
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Homeowners remortgage for cash to pay bills
Researchers at Durham University have found many homeowners are remortgaging their homes for cash to supplement their day-to-day expenditure. The researchers looked at the spending patterns of more than 8,000…
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Lunchtime news Feb 12
Previews of the Freud report on Welfare reform – due later this month – appear in several of today’s papers. The Mail predicts that people who are long-term unemployed and…