Archive for November, 2007

Slowdown a blessing for FTBs?

Friday, November 30th, 2007

Slowdown a blessing for FTBs?
The decline of property price growth is not a bad thing at all, but a much-needed boost for first time buyers (FTBs), a campaign group for affordable homes has claimed.

Borrowers ignorant of real rate differences
A high proportion of homeowners badly underestimate the amounts they could save by opting for mortgages with lower rates, according to a new survey.

Graduates cannot climb onto property ladder alone

Thursday, November 29th, 2007

Graduates cannot climb onto property ladder alone
Most recent graduates have still not bought their first home, according to a new poll, while many of those who have made this purchase have done so with someone else.

CML: Rate cuts to come to sub-prime borrowers’ rescue
The Council of Mortgage Lenders (CML) has claimed that, while the credit crunch has badly affected sub-prime borrowers, imminent rate cuts could improve their situation.

BBA: Lending slows again

Thursday, November 29th, 2007

BBA: Lending slows again
Lending growth declined significantly last month, according to new data from the British Bankers’ Association (BBA), while the number of mortgages being taken out also fell.

Graduates cannot climb onto property ladder alone
Most recent graduates have still not bought their first home, according to a new poll, while many of those who have made this purchase have done so with someone else.