First time buyers are facing the toughest market conditions in 30 years, according to statistics from the Council of Mortgage Lenders. Not since records began in 1978 have such low numbers of first time buyers successfully got onto the housing ladder.
Whilst house purchasing has hit a record low in August - with figures at just […]
Toughest time in 30 years
Wednesday, October 15th, 2008Equity Release on the wane
Thursday, October 9th, 2008Figures released from the Bank of England show that Britain’s homeowners have reversed their habit of releasing equity from their homes.
Since last year, the numbers of successful homeowner loan applications has fallen dramatically. Much of this is due to the uncertain housing market conditions, as lenders exercise greater caution.
However, many homeowners have decided that now […]
