Some borrowers can still get good deals on mortgages

Industry professionals have stated that despite the chaos that seems to have hit the mortgage markets, and the reports of doom and gloom when it comes to getting a mortgage, there are still some affordable deals on offer to many consumers.
Officials from mform described the panic in relation to the mortgage market as ‘overdone’, and [...]

PM meets with UK bank chiefs

The Prime Minister, Gordon Brown, met with bank chiefs on Tuesday morning in order to discuss a number of factors relating to the credit crunch, including the housing and mortgage sectors, and their effect on the economy.
The meeting held at Downing Street included chiefs from HSBC, Barclays, Lloyds TSB, Royal Bank of Scotland, and Nationwide. [...]

Queen’s party cancelled over recession fears

With consumers struggling to pay their mortgages, many facing repossession, rising living costs and bills, and the country on the verge of recession the nation could be forgiven for thinking that the lavish celebrations that the Royal family had in mind for the Queen’s diamond wedding anniversary would be insensitive and unnecessary, stinging like a [...]

House prices fall for sixth consecutive month

According to a recent report house prices in the UK have fallen for the sixth consecutive month, which has resulted in house price growth stalling in the month of March.
Over the past year the average house price in England and Wales has increased by only0.4% which puts the average house price at just £174,100 according [...]

Tories try to get HIPs voted out

The Conservative Party is reportedly trying to force a vote in the Commons to try and oust the controversial Home Information Packs that were brought in by the Labour government last year.
Whilst government officials have tried to claim that the packs are invaluable to home sellers and purchasers to make the process smoother and more [...]

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