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Tuesday, June 26
FTBs in offset mortgage charge
by
Jet-to-Let Magazine
on Tue 26 Jun 2007 17:02 BST
Offset mortgages have surged in popularity, new figures from the Council of Mortgage Lenders reveal. During 2006 170,000 offset mortgages were taken out, worth £29.3 billion - equivalent to 7% of all new lending. And, the year-on-year growth of offset mortgages between April 2006 and March this year was 49% ... more »
ABI offers advice to homeowners hit by flash floods
by
Jet-to-Let Magazine
on Tue 26 Jun 2007 16:58 BST
Many homeowners have been affected by the recent severe weather and floods seen across the country. The damage caused so far is expected to cost millions of pounds, and the average flood-related insurance claim will be in the region of £20,000. Additionally, homeowners who fail carry out repairs in the ... more »
US home builder posts loss, says housing market may worsen
by
Jet-to-Let Magazine
on Tue 26 Jun 2007 16:55 BST
Lennar Corp., the second-largest U.S. home builder, posted a quarterly loss on Tuesday, forecast a loss in the current quarter and warned that the housing market could deteriorate further. "As we look to our third quarter and the remainder of 2007, we continue to see weak, and perhaps deteriorating, market ... more »
US home sales hit new low
by
Jet-to-Let Magazine
on Tue 26 Jun 2007 16:52 BST
Sales of existing homes in the US fell to their lowest in almost four years last month as price reductions by sellers proved insufficient to tempt large numbers of buyers into the market, data showed today. The National Association of Realtors said sales dropped 0.3% month-on-month to an annualised total ... more » |
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