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Homeowners Relax As Interest Rates Stay PutThe Bank of England's rate-setting body, the monetary policy committee (MPC), has voted to maintain the official cost of borrowing at 5.25 per cent, following a 0.25 per cent rise in the base rate last month.
If the bank had raised rates, which many pundits though was highly likely, homeowners with... Homeowners Foresee Long-term Mortgage CommitmentMore than a third of homeowners predict they will be nearing retirement before they own their own home, new research suggests. Refused Credit Mortgages Set To "grow And Grow"Refused credit mortgages set to "grow and grow"
14/08/2006 16:25:00
The sub-prime and near-prime mortgage market is tipped to grow and grow following new research. Buyers Urged To Consider Risks Of Shared OwnershipWould be home owners are being warned about the potential risks of buying property with friends or relatives. First-Time Buyers Urged To Reconsider Savings TargetsThe average first time buyer is falling more than £5,000 short of their planned deposit, new figures have suggested. Illegal Worker Amnesty Would "Overwhelm" HousingAn amnesty for illegal immigrants would overwhelm the United Kingdom's social housing stock, an anti immigration think tank has claimed. House Prices Set For Greater Regional VariationThe growth of English house prices is slowing. In contrast, both Scottish and Northern Irish house prices are heading for boom periods, according to new figures. Divorce Fuelling Debt CrisisThe high divorce rate of recent in Britain is a major factor leading to ever increasing levels of debt, a new report claimed recently. Are Rates Set For A Hike?Interest rates will rise by the end of 2006, economists are predicting. Heavy Debts Implicated In SuicideThe Royal Bank of Scotland (RBS) will be investigated following suggestions that irresponsible lending by them was the cause of the suicide of one of its customers.
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