Lender says wider Save to Buy scheme will ease market for homeowners struggling with equity

Home movers with little equity in their property are being offered a new range of 95% mortgages, provided they commit to making regular savings for at least six months.

Nationwide building society is extending its Save to Buy mortgage to homeowners, who will...

A fine place to feel the touch of God, Mother Nature or Yoda

What's going for it? Well, 'tis the season and all that. Not sure if Jesus himself made it across the Channel, let alone the Menai Strait, let alone Four Mile Bridge. Though his representative did – sixth-century Celtic monk-cum-king, St Cybi, having preached the gospel hither and...

New governor Mark Carney may find his housing budget tight amid Hyde Park flats worth £65m fetching £190k a month in rent

A semi in Richmond? A two-bed flat across the road from the Ritz? Or just a houseboat five miles down the river from the Bank of England? Whatever the case, the new governor from Canada will find that his £250,000 annual housing...

Figures for third quarter of 2012 show change from property boom, when households withdrew billions from their homes

Just over £8bn was paid off the UK's collective mortgage debt in the third quarter of 2012 as repayments continued to outstrip new borrowing.

Figures from the Bank of England showed that households continued to inject housing equity,...

The richest man in the world, Carlos Slim, has given the Spanish property market a boost, by buying one of Caixabank's distressed real estate portfolios. On Tuesday (December 18th), it was revealed that the Mexican magnate, under the Spanish subsidiary of Inmobiliaria Carso, will acquire some 439 property units for approximately £358 million....
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When work does not pay and savings are threatened by low interest rates, it seems logical to see property as the prime asset

Watching two of the better-known rightwing thinktanks prime their intellectual cannons and bombard the same target is an impressive, if stomach-churning, sight. In the past week the Institute of Economic Affairs (IEA) and...

New figures show more houses sold in 2012 than expected, as Funding for Lending scheme kicks in

More homes have been sold in the UK in 2012 than previously thought, as a result of greater mortgage availability, industry figures suggest.

There were 930,000 property transactions in 2012 – 13% more than the previous estimate of 825,000 and 5% more than...

WHEN it comes to brainboxes, the name “Nobel” has a certain ring. But news that the Nobel Foundation plans to increase its investment in hedge funds, because years of low returns forced it to cut cash prizes in 2012, is one to leave laureates scratching their eggheads. The past year has been another mediocre one for hedge funds. The HFRX, a widely

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