Concerns over whether are not the rate cuts by the Bank of England (currently at 4.5%) will eventually trickle down through to high street lenders thus giving a much-needed rate cut for UK homeowners. The UK's largest mortgage lender, Nationwide Building Society, has confirmed it will be raising its rates on their home loans for a second time in less than 2 weeks.
Continue reading...6. October 2008
Nationwide, the UK’s biggest building society, has reported that house prices have fallen by almost £3,000 in September bringing the average home price down to just £161,797. September figures show prices falling for the 11 month in a row as the average price now is 12.4% lower than this time last year. In September 2007, the [...]
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22. October 2008
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