Discounted rate mortgages in short supply

Analysis by independent financial research company Defaqto has revealed that while there are now 33% more fixed rate mortgages and 36% more tracker mortgages available than there were 3 years ago, the number of discounted rate mortgage products available has fallen by an astonishing 72%. David Black, Banking Specialist at Defaqto said: “There are significant […]

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Launch of new property sourcing company

[UKPRwire, Mon Jan 01 2007] December 2006 saw the first stages of the development of the RedSofa.com website, with the launch of the property sourcing activity, more commonly known as Below Market Value (BMV), which is aimed at providing tailored solutions for homeowners who are looking for either a quick sale or guaranteed sale on […]

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Young people struggle to get a foothold in housing market

The latest annual analysis of the housing market covering every local authority area across Great Britain shows house-price to household-income ratios for working households has reached record levels.The geography of affordable and unaffordable housing by Steve Wilcox specifically looks at the difficulties facing younger working households (aged 20-39) in buying homes within their local area […]

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Global Warming Could Cool Second Homes Market

As governments prepare to introduce new taxes to combat global warming, and in particular the relentless rise in air travel, one international property agency predicts that property prices in some areas popular with second home buyers could fall. The call for new taxes on flights to reduce carbon emissions could impact the prices of properties, […]

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