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Mortgage News

New Scheme Promises Mortgage Relief for Vulnerable People (15. 10. 2008)

£200m will soon be available to help as many as 6000 particularly vulnerable mortgage borrowers stay in their homes. Russell Cavanagh explains. Read more

Mortgage rates come down, but repossessions continue to rise (21. 8. 2008)

The slight reduction in mortgage rates and the marginal easing up of lending restrictions is unfortunately too little too late for the 28,000 homeowners who have received repossession orders on their homes this last quarter, says David Stevens . Read more

Cheaper mortgage rates cancelled out by increased fees (12. 8. 2008)

Just when you thought there was a glimmer of hope in the housing market following a drop in mortgage rates, the good news is dampened by increased mortgage fees, reports David Stevens . Read more

Silver linings appear as property prices continue to slow (5. 6. 2008)

As more and more statistics reveal a marked slowdown in house prices, there may be a glimpse of a silver lining for the economy amidst all the doom and gloom, reports David Sewell Stevens Read more

Prediction: 123 homes to be repossessed every day (13. 5. 2008)

2008 could turn out to be the worst year for home repossessions since the 1990's house crash, thanks to plummeting property values and rising mortgage costs. Read more

Mortgage Approvals Hit Record Low As Negative Equity Fears Loom (8. 5. 2008)

FEARS of negative equity are looming as mortgage approvals hit a record low and house prices continue to fall as a result of the global credit crisis. Read more