E-Club Mortgage News
Here we bring you up to the minute news form the fast moving UK mortgage market:-
Latest LMI press release:-
"Interest Rate Rise Causes Deeper Problems for Buy to Let Investors" - How a personal or portfolio mortgage check from a qualified mortgage broker could save you time, effort and money.
Gazumping returns as City boom inflates house prices www.guardian.co.uk
Gazumping has made a comeback in some London property hotspots as it
emerged that the capital's house prices are rising at their fastest
rate for almost seven years.
In its latest monthly report, the Royal Institution of Chartered
Surveyors said the strength of the housing market was being fuelled by
a "booming" City economy. Many bankers and traders are buying
properties in anticipation of the bonuses they will receive in the new
year.
How to get help with a property deposit
www.independent.co.uk
The Government's latest initiative to help first-time buyers on to the
property ladder will give hope to many who are struggling to buy. But
experts are warning that many will be disappointed.
The Open Market Homebuy scheme, announced this month, allows those
eligible to buy from a private seller, rather than from a housing
association or other low-cost housing scheme.
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