Archive for August, 2009

Sellers Want Asking Price For Properties

August 28, 2009subedar1 No Comments »

  Over a third of UK homeowners surveyed are not prepared to drop their asking price to sell their property following signs that the housing market is picking up. Around 35% of people with a property on the market said they would not accept an offer of less than the full asking price, according to […]

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Mortgage Arrangement Fees Fall

August 28, 2009subedar1 No Comments »

  New research claims that mortgage arrangement fees charged by banks and building societies have fallen by around 25% during the past year. The average fee charged to borrowers taking out a two-year fixed rate mortgage has dropped from £1,243 in 2008 to under £1000 now, according to financial website moneysupermarket.com. This news comes hot […]

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House Prices Up Again

August 27, 2009subedar1 No Comments »

  Nationwide siad that house prices rose again in August by 1.6%, taking the average UK house price to £160,224, up from £158,871 in July. This marks the fourth consecutive month of house price increases and the lender says the year-on-year decline has slowed significantly from 6.2% in July to 2.7% in August. At £160,000, […]

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Low Cost Housing Range From Halifax

August 26, 2009subedar1 No Comments »

  A new range of shared equity and shared ownership products to be distributed solely through brokers has been launched by Halifax as part of the lender’s bid to boost access to the housing market especially for first time buyers. Low up-front fees and cash-back for conveyancing costs are some of the features in the […]

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Housing Market Bounce Predicted

August 24, 2009subedar1 No Comments »

  A recent survey reveals that 20% of people think that the housing market will recover by the end of the year and a further 4% think that the end of 2010 is more likely. The research by uSwitch also reveals that 6 million consumers predict that that the UK economy will emerge from recession […]

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