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Whitehotwhitehot property, the seller of chain free properties (repossessions, probate and part-exchanged properties) is offering up to 95% mortgages on over ?14 million worth of stock. The 95% LTV mortgage offer is aimed to help encourage first time buyers into the property...

Following the release of numerous arrears and repossession data over the past few days, experts believe repossessions will be under 50,000 for 2009 ? a great deal fewer than predicted. Statistics on mortgage and landlord possession actions in the county courts for the third...

Looking back, we can see that the turn of the year represented the low point of the current housing market correction. In the first three months of this year, fewer than 30,000 mortgages were taken out by first-time buyers, compared with an average just before the credit crunch...

Unlawful sale and rent back (sarb) companies are still operating and advertising their services despite the introduction of strict regulation, a new investigation by Shelter has revealed. Many homeowners have fallen foul of unscrupulous sale and rent back companies who offer the...

Lloyds Banking Group has announced that it has reached an agreement in principle to sell its Halifax estate agency business for ?1. Halifax Estate Agencies (HEA), which operates through a network of 218 offices, including 93 franchise operations, is to be sold to LSL Property...

The Financial Services Authority’s mortgage market review is due out next week and expectations are that the City regulator will ban new self-cert mortgages. Back in July 2007, 860 or 23% of the 3,803 prime residential mortgages were available through self-certification....

With competition mounting in the mortgage market, Woolwich is reducing rates by 0.45% on its leading tracker mortgage from today. This brings the rate down to 2.79% [base rate plus 2.29%, 70% LTV, ?999 fee, 1% ERC for 2 years] from 3.24% [base rate plus 2.74%]. Also being...

Mortgages for house purchase by high street banks in August approvals up by a whopping 81% on August 2008, whilst net mortgage lending returned to trend after dipping in July. Consequently, mortgage lending has grown by 4.6% over the last year and looking ahead, the number of...