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House price rebound seen to end next year
Savills, a leading estate agent, forecasts an end to the UK housing recovery this year because of the lingering effects of the crisis-hit economy
Mortgage lenders ease deposit restrictions
Banks and building societies are starting to accept higher loan to value arrangements, but interest rates on these loans remain high
Northern Rock accelerates mortgage lending
The state-owned bank loaned £1bn for new mortgages in the three months to the end of September but said the housing market remained ‘subdued’
Rock split to increase competition
A deal struck this week to restructure Northern Rock, the nationalised mortgage lender, has been hailed as good news for savers but offers mixed news for borrowers
FSA fines mortgage lender GMAC £2.8m
The specialist home loan provider is the first to be fined by the Financial Services Authority for levying unfair charges on borrowers in arrears
City bonuses count for less at private banks
Bonuses may be back in the City and on Wall Street, but private banks are disregarding them as income, causing some wealthy homebuyers to seek better mortgage deals on the high street.
London leads rise in office demand
Occupier demand for offices and shops across Britain is rising for the first time in more than two years, with London spearheading the recovery, according to a study by chartered surveyors
Mortgage borrowers face stricter tests
Mortgage borrowers will have to prove their income and provide a detailed breakdown of their spending habits to qualify for loans under sweeping new rules laid out by the Financial Services Authority
Mortgage reform – what it means for you
Matthew Vincent, the FT’s personal finance editor, offers a consumers’ guide to the FSA’s proposed changes to the housing loan market
Self-employed face home loan ban
Lenders and brokers anticipate new regulations that will prevent self-certification mortgages being offered to non-salaried borrowers – affecting up to a million homeowners












