Property Investment News and Analysis from Dominic Farrell.
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View Article  UK sees economic growth quicken

The UK economy grew faster than expected in the three months between January and March, National Statistics figures show.

The economy expanded by 0.7% compared to the previous quarter - better than the 0.6% analysts had forecast.

The figures come after recent data showed a sharp rise in inflation, and ...   more »

View Article  CML reveals highest March lending figure ever
Gross mortgage lending reached a March record of £31.3 billion according to the latest data from the Council of Mortgage Lenders. This was a leap of 22% from February's lending figure of £25.5 billion and is 10% higher than the £28.3 billion of lending reached in March last year.

Commenting ...   more »
View Article  Lenders put a stop to fixed rate mortgages
Nationwide, the UK's second largest mortgage lender, has withdrawn its fixed rates, while Alliance & Leicester, Portman, Skipton and Kent Reliance building societies -- all of which boasted best-buy deals up until early last week -- have also shut up shop on their most attractive fixed-rate products.

First-time buyers looking ...   more »