Tag: mortage
Massive Drop in London House prices
LONDON — Estate agents are selling less than one property a week as a lack of mortgage finance hits the number of people moving house, fuelling plummeting prices, a surveyors’ body said on Tuesday. The Royal Institution of Chartered Surveyors (RICS) said its members sold an average of 11.5 homes during the three months to [...]
Mortage Customers Relief After Repayment Cost Fell From 4-5%
Mortgage customers breathed a sigh of relief today as the cost of their repayments fell following the Bank of England’s decision to cut interest rates from five to four-and-a-half per cent. The news came as a pleasant surprise to UK property owners, many of whom weren’t expecting a decision until tomorrow. The Bank Of [...]
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