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Welcome to the news section of our website. Here you will find news stories relating to our business and the property sector. You can filter the stories by date and also order them by headline and date.
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Where is all that extra money going when you move, eh?
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2007-07-03
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A NEW STUDY from Abbey has found that the true cost of moving - disregarding deposits and increased monthly payments of a mortgage - is £22,289. The biggest expenses incurred during the moving process are, of course, stamp duty and legal fees. Then
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Debt pressures to keep piling on homeowners
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2007-07-02
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HOMEBUYERS will be hit by higher mortgage bills from this week as lenders raise monthly home loan repayments following the Bank of England's recent interest rate hike, writes Teresa Hunter. But the pain will not end there. Households are bracing
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Interest rates may hit 6% by end of year
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2007-07-02
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HOMEOWNERS will face a new interest rate rise within weeks, experts warned yesterday, despite inflation falling to its lowest level in seven months. Falling gas and electricity prices saw the Consumer Price Index (CPI) - the government's officia
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Interest rate rises beginning to bite
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2007-07-02
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SIGNS that higher interest rates are taking a growing toll mounted again yesterday with news of lacklustre high street trading this month. In the latest indications that four interest rate increases in less than a year are beginning to hit home, the
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Now its the 52-year loan
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2007-02-21
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JUST a fifth of mortgage firms now limit homeowners to a "traditional" 25-year loan term, new research from moneyfacts.co.uk shows, and a quarter are prepared to extend payments over 40 years, with a handful going up to a maximum term of 52 years.
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Mortgage debt fears
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2007-02-21
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ANALYSIS of industry data by mform.co.uk, the online mortgage company, reveals the average annual amount spent on mortgages by people with home loans increased from £4,586.40 in 2001-2 to £6,619.60 last year - a rise of 44.3 per cent. Also, worryin
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Repossessions rise again in 2006
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2007-02-21
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The number of properties repossessed by lenders has continued to rise sharply, up 9% in the second half of 2006. The Council of Mortgage Lenders (CML) says 8,860 homes were taken back, up from 8,140 in the first six months of the year. It means th
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