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FTBs to benefit from house price correction

The main beneficiaries of any correction in house prices are likely to be first-time buyers (FTBs), it has been claimed.

Rics proposals would benefit nearly everyone

Almost all British homebuyers could benefit if proposals put forward by the Royal Institution of Chartered Surveyors (Rics) were adopted, the organisation claims.

OFT announces estate agent redress scheme

The Office of Fair Trading has revealed plans to introduce a redress scheme to ensure consumers can obtain recompense if treated unfairly by the profession.

Mortgage famine hitting home

The latest Rightmove House Price Index indicates that the "mortgage famine" is beginning to hit home across Britain.

YBS looks to ease mortgage pressures

Yorkshire Building Society has announced new mortgages which aim to make customers monthly repayments more consistent.

Housing market recovery could take years

The complete recovery of the housing market from the downturn it is currently experiencing could take a number of years, it has been suggested.

Advice urged for those facing repossession

Financial inclusion network Transact has urged those facing repossession to obtain expert advice.

Mortgage rates hiked by Bradford & Bingley

Anyone planning to take out a mortgage with Bradford & Bingley could be left with some thinking to do as the lender has just raised its rates.

House prices could halve

The average property in the UK could halve in value over the coming years, it has been warned.

Remortgaging to see most business

The lending market is to be centred primarily on remortgaging activity during the remainder of 2008, it has been suggested.

Mortgage approvals at an all-time low

Figures from the Bank of England reveal a historical low number of mortgage approvals in April.

Record-breaking savings put aside by Brits

The level of funds put aside in savings accounts by Britons in April 2008 was a new record, according to figures.

Hometrack reports further house price falls

House prices in the UK have dropped for the past eight months, according to the latest Hometrack survey.

No free Hips from estate agents

The availability of home information packs (Hips) for free from estate agents could be set to drop, it has been revealed.

Middle class credit is being crunched

The middle classes are not escaping the credit crunch, according to new research.

House sales to drop by two-fifths

A 40 per cent slump in property sales is predicted by the Royal Institution of Chartered Surveyors.

Slower rate cuts predicted by Charcol

Independent mortgage broker Charcol predicts a slower pattern of base rate cuts over the coming months.

Tiered mortgage rates introduced by Alliance & Leicester

Alliance & Leicester has announced new mortgage rates which vary depending on the size of deposit the borrower puts down.

Repossession orders on the rise

The anticipated increase in repossession orders appears to be materialising, figures from the Ministry of Justice show.

Equity release is still available

While many Britons may face negative equity due to falling house prices, they are told that equity release is still a possibility for them.

Home insurance can make May Day worry-free

May Day can be worry-free with proper home insurance, according to Cheshire Building Society.

Housing ladder rung has broken

The lowest rung on the housing ladder "has broken", according to John Charcol.

House prices fall for the first time in 12 years

The latest Nationwide house price survey could give first-time buyers reason to celebrate, noting an annual fall in property valuations.

Cool year ahead for household spending

Household expenditure growth is likely to "cool" over the coming months, according to Alliance Trust Research Centre.

FTBs keep it in the family

Family help is proving to be the "main option" for first-time buyers (FTBs) in light of their inability to place a deposit on a property from their own funds, it has been suggested.

FTB age could rise

The average age at which Britons step on to the housing ladder could break through the 30 barrier, it has been suggested.

FTBs putting off purchases

The withdrawal of 100 per cent mortgages is leaving first-time buyers (FTBs) with no way on to the housing ladder, it has been claimed.

HSBC Rate Matcher hides withdrawal of best product

While HSBC has been publicising the launch of new Rate Matcher mortgages, it has quietly withdrawn the markets best product, it has been claimed.

Major support announced for FTBs

The Department of Communities and Local Government has announced a "major package" of support for those looking to purchase a property.

Graduates cannot reach the bottom rung

The housing ladder may be completely out of reach of graduates, it has been warned.

House prices down by 2.5%

The latest Halifax House Price Index shows a 2.5 per cent average fall in property valuations nationwide.

Always go to a properly qualified tax adviser

Consumers have been warned to ensure they obtain tax advice from a qualified professional.

Mortgage lenders could do more

Repossessions could be avoided if mortgage providers were more adaptable, it has been claimed.

Early birds can fix their terms

Mortgage holders who are likely to need to remortgage in the coming months could be advised to switch early, it has been suggested.

Negative equity insurance touted

HM Treasury suggests allowing homeowners to insure their properties against a fall in valuations.

Too little, too late for FTBs

First-time buyers (FTBs) could be receiving too little assistance to help them on to the housing ladder, it has been claimed.

Budget 2008: What it means for your money

Following this weeks 2008 Budget announcement, consumers could find their finances affected in a number of different ways.

Vulnerable consumers failed by council tax system

Many of the UKs most vulnerable residents are missing out on council tax rebates, it has been claimed.

Stamp duty almost doubled for FTBs

Since 2002, the average amount of stamp duty paid by first-time buyers (FTBs) has risen by 82 per cent, figures from Halifax show.

No-deposit Brits politely nudged out

Consumers with no deposit to place on a property are being "nudged" out of the market, according to John Charcol.

Homeowners high and dry as LTVs drop

Many Britons could be left facing affordability problems as high loan-to-value (LTV) mortgages are withdrawn from the market.

Bridging loans growing in importance

An increasing number of Britons stand to benefit from bridging loans, it has been suggested.

Northern Rock mortgage holders need not worry

Mortgage customers of Northern Rock should not be unduly worried by the nationalisation of the financial services provider, it has been claimed.

London house price growth lowest for five years

House prices in the capital grew by their smallest February figure in five years this month, according to Rightmove.

Landlords should check home insurance

While rented property may be proving more lucrative for landlords, there are risks associated with the increase in value, it has been claimed.

No room for complacency in mortgage market

With 27,100 homes repossessed in 2007, Britons must be aware of the risks posed by taking out a mortgage, it has been claimed.

Professionals can get beneficial mortgages

Mortgages with more favourable terms may be available to practitioners within a number of key industries, according to Scottish Widows.

Love is in the air for Britons finances

Romance is on the agenda for many Britons, it has been revealed - but comes with good and bad news for their personal finances.

Homeowners could welcome a rate cut

A reduction in the base rate in this months monetary policy committee meeting could come as welcome news to homeowners, it has been claimed.

Fraud at 12-year high

The level of fraud detected in 2007 reached its highest point for 12 years, according to new research.

Average earners hit hardest by taxes

The changing tax environment since 1997 has hit average earners the hardest, according to the Centre for Policy Studies.

House prices fall for fourth month in a row

A January decline in the average property value is the fourth such monthly fall in a row, it has been claimed.

Taxpayers pick up £13bn avoidance bill

The cost to Britons of tax avoidance among the super-rich totals £13 billion each year, it has emerged.

Green mortgage market survives credit crunch

The credit crunch is having little impact on the green mortgage market, it has been suggested.

UK housing stock has tripled in value

The value of privately-owned homes in the UK has tripled in the past ten years, Halifax says.

No hooray for Hips

The introduction of home information packs (Hips) has adversely affected asking prices, figures reveal.

Home ownership leaves a sour taste

Sub-prime borrowers have been left with a sour aftertaste from the "dream of home ownership", Citizens Advice claims.

Flood homes should be refused insurance

The Environment Agency has urged against providing insurance for homes built on flood plains.

UK house prices could drop further

Following recent marginal decreases in house prices, economists predict that the tightening of credit conditions could squeeze further before relaxing.

Lack of work for energy assessors

Domestic energy assessors, who must fill out a key component of home information packs, are facing a lack of work, it has been claimed.

UK house prices continue to fall

The average UK house price has fallen for two consecutive months, according to figures from Hometrack.

House price surveys anticipate winter slump

A number of industry surveys are predicting slower house price rises over the winter months.

Standard Life hikes standard rate for mortgages

Standard Life has increased the standard variable rate on its mortgages by 0.15 per cent, it has emerged.

No finance worries for festive movers

Britons moving house this festive season are likely to retain a firm grip on their finances, it has emerged.

Hurdles are high for buy-to-let

Property investors are facing greater obstacles when entering the market as the availability of buy-to-let credit tightens, it has been claimed.

Britons committing mortgage fraud

Many Britons are effectively committing mortgage fraud by portraying their finances in an overly favourable light, it has been warned.

Boiling market needed for property flipping

Short-term investment in property is only suitable when the market is "boiling", it has been claimed.

House prices in south could exceed London by 2026

The price of property throughout the south could be greater than in the capital by 2026, according to research.

House prices stabilising

Property prices are beginning to stabilise following seven years of uninterrupted growth, according to industry bodies.

Mortgage lenders to blame for unsustainable house prices, says Darling

Chancellor Alistair Darling has accused mortgage lenders of elevating house prices to "unsustainable" levels.

Secured loans less hit by credit crunch

The credit crunch is to have less of an immediate effect on loans secured against property, according to the Bank of England.

House price fall fastest in two years

The UK housing market is falling at its fastest rate for two years, according to an industry body.

Homeowners not roamers

Britons are increasingly choosing to stay put in light of rising interest rates and the introduction of home information packs, according to an industry body.

One in four priced out of the housing market

A quarter of all young Britons are priced out of the housing market, according to new research.

Rate fix disappointing for homeowners

The Bank of Englands decision to maintain the interest rate at 5.75 per cent is "disappointing" for homeowners, it has been claimed.

Zero-carbon homes to get tax relief

A government initiative is to see stamp duty lowered for environmentally-friendly homes, it has emerged.

Credit crunch to take the froth out of housing market

Consumer concerns over the credit crunch are likely to lead to a slowing of the housing market in the coming months, an expert claims.

Minimal chance of rates hitting 6%

The likelihood of the base rate reaching six per cent is "minimal", according to John Charcol.

Mortgage holders looking for security

Britons are seeking greater security from their mortgage in the fallout from the credit crunch, it has been claimed.

Hips begin to take their toll

The introduction of home information packs (Hip) "began to take its toll" in August, it has been claimed.

Variables still cheaper than fixed-rate mortgages

Competitive prices for variable-rate mortgages mean they could prove cheaper than fixed rates even if the base rate rises again, it has been suggested.

Hips reducing properties on market

The number of four-bedroom properties on the market has fallen rapidly in the past month, it has emerged.

Hips rolled out for 3-bed houses

Home information packs (Hip) are required for three-bedroom properties from today.

Bank of England in wait and see mode

The Bank of England remains in "wait and see" mode as it gauges the impact of interest rate rises, an analyst has claimed.

Repossessions placing homes under the hammer

Affordability issues are seeing more houses go up for auction, it has been revealed.

House listing figures dramatically reduced

The number of new properties being listed for sale has fallen "dramatically", according to industry figures.

Property market feeling the pinch

Interest rates and stock market uncertainty are tightening conditions in the property market, it has emerged.

Commissioned Hips better than free deals

Homeowners could benefit from purchasing a home information pack (Hip) rather than receiving one free from their estate agent, it has been advised.

Abbey urges sensible approach to Hips

Abbey urges homeowners to respond sensibly to the introduction of home information packs (Hip) for three-bedroom properties.

Future Foundation profiles typical first-time buyer

A new report from Future Foundation identifies common characteristics of first-time buyers.

No pleasure for first-time buyers

First-time buyers are facing an unpleasurable experience, it has been warned.

Repossessions up a third year-on-year

Repossessions have risen by 30 per cent in the past year, according to new statistics.

House prices to rise by 40%

House prices could rise by a further 40 per cent in coming years, it has been warned.

UK house prices overvalued

Property in the UK is among the most overvalued in the world, it has been claimed.

Land Registry echoes London house price figures

The Land Registrys House Price Index for June 2007 echoes the suggestion that average property costs now exceed £300,000 in the nations capital.

First-time buyers forced out of London

Rising house prices are forcing first-time buyers out of London, an expert suggests.

London house prices exacerbating first-time buyer problems

The price of property in London is exacerbating affordability concerns for first-time buyers, it has been claimed.

Mortgages reached record level in June

Lending in the form of mortgages reached a new record high in June, according to newly-published figures.

Interest rates good for business banking

Interest rate rises promise a sound future for business banking, it has been claimed.

Rising interest rates to hit first-time buyers

First-time buyers are likely to be hit hardest by continued increases in the base rate of interest, it has been claimed.

Tenants need buy-to-let availability

The widespread availability of buy-to-let property is helping those who cannot afford to buy a house, it has been claimed.

Buy-to-let restricting first-time buyers

Tax relief for buy-to-let investors should be cut to increase the amount of housing available to first-time buyers, it has been claimed.

First-time buyers shopping online

First-time buyers are more likely to house hunt online, it has emerged.

Hips and mortgages slowing property market

Inflation in the property market is beginning to slow due to expectation of home information packs (Hip) and the end of fixed-rate mortgages, it has been claimed.

Spanish property still number one for Brits

Spanish property is still the top choice for British buyers, according to HiFX.

Rates tip balance towards buy-to-let

Buy-to-let investors may benefit from interest rate rises, the Council of Mortgage Lenders suggests.

Hips delay to result in steady mortgages

Approval of lending in the form of mortgages could remain steady following the postponed introduction of home information packs (Hips), it has been claimed.

First-time buyers put property before marriage

Purchasing a home comes before marriage for many first-time buyers, research shows.

Property warning for unmarried couples

A House of Lords ruling means unmarried couples may not be entitled to equal shares in a property if they split up.

UK property buyers not protecting investments

UK residents are not protecting their property investments, it has been claimed.

First-time buyers prosper in calm before the storm

While first-time buyers are buying more property, the housing market remains uncertain.

Many concerned over mortgages as prices top £100k

As house prices break the £100,000 minimum average, experts claim mortgages are a major concern for many Britons.

First-time buyers rely on mum and dad

Parents are increasingly helping first-time buyers with deposits, claims Scottish Widows.

Halifax Home Insurance warns against subsidence

Britons should be aware of the risks presented by subsidence, according to Halifax Home Insurance.

Buy-to-let earnings up, figures show

The average yield on a buy-to-let mortgage purchase has increased in the past month, figures show.

Green homeowners could remortgage, says John Charcol

Homeowners could remortgage to pay for environmentally friendly improvements, according to John Charcol.

John Charcol: Budget is final opportunity to help first-time buyers

This months Budget could be the final opportunity to help first-time buyers on to the housing ladder, according to independent mortgage adviser John Charcol.

Buy-to-let growth expected

The UK buy-to-let market could expand by over 40 per cent over the next decade, according to new research.

First-time buyers planning for retirement

First-time buyers in the UK are among the youngest people in the world planning for their retirement, according to research conducted by Axa.

Buy-to-let could support market through rate rise

The housing market could remain buoyant thanks to buy-to-let mortgage sales even if interest rates rise next week, Nationwide has predicted.

Country cottage preferred by first-time buyers

First-time buyers would prefer to purchase a country cottage as their first home, research has found.

Halifax hints for first-time buyers

Halifax has provided a list of hints for first-time buyers to ensure their entry into the property market is as stress-free as possible.

Halifax finds 300,000 empty homes

A survey by high-street bank Halifax has found that up to 300,000 homes in the UK have stood vacant for more than six months.

House prices rise but property market stable, says Halifax

House prices rose by one per cent in September, according to mortgage lender Halifax.

Buy-to-let property market strong on tenth anniversary

Mortgage provider Birmingham Midshires has revealed the rental property market outperforms other types of investment after a decade of buy-to-let mortgages.

First-time buyers increase in confidence

The UKs first-time buyer market has seen a significant increase in confidence in recent months, it has been claimed.

Halifax calls for inheritance tax review

Inheritance tax revenue has hit a record high, reveals research from Halifax.

Record rise for property

House prices in the past four weeks have risen at their fastest ever rate on record, according to a study from Rightmove.

Lloyds TSB economist forecasts strong property market

A senior Lloyds TSB economist has commented on the current interest rate rise uncertainty and consumer confidence.

Stamp duty is barrier to affordability

The Council of Mortgage Lenders has called for changes in the way stamp duty is calculated, in order to improve affordability for first-time buyers.

UK property market strong

A new study has suggested that the UKs property market is strong, although it has warned that it remains volatile.

Landlord and tenant rules to be overhauled

The rules regarding the relationship between landlords and tenants are set for a substantial overhaul.

From leasehold to freehold

An increasing number of flats are being sold freehold today, it has been reported.

Brits splashing out on home improvements

A large proportion of Brits are intent on spending significant sums of money making home improvements this year, according to new research.

Loft conversion boost to property value

A new report indicates that homeowners could significantly boost the price of their property by undertaking a loft conversion.

Investors urged to look to Estonia

Britons looking for an investment opportunity may wish to consider putting their money into Estonian property, according to recently released figures.

Homebuyers urged to check house contents

Homebuyers are being advised to make sure they are aware of the items the previous owners will take with them when they move out.

Increase house value through gardening

Home sellers can increase the value of their property significantly by doing a bit of work in the garden, according to a new report.

Market growth benefiting commercial mortgage investors

There has been a huge surge in the property investment market, according to the Building Societies Association (BSA).

Garden makeover to boost property value

Sprucing up your propertys garden could add thousands to its value, according to a new report.

£10,000 cost of running a property

Homeowners spend an average of £10,048 each year on running their property, new research has shown.

Buy-to-let property booming

Those who have invested in buy-to-let properties are benefiting from a continuing upward trend, according to new figures.

Parents help women onto property ladder

Women are more likely to getting a helping hand from their parents into the property market than men, according to new research.

Shake up of "antique" stamp duty needed

Stamp duty should be reformed to make it fairer to first-time buyers, claims the Royal Institution of Chartered Surveyors (Rics).

Housing market return put into doubt

New figures from Nationwide have put into doubt claims that the UK property market is regaining strength.

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