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Mortgage loans fall sharply

The British Bankers' Association (BBA) has said the number of mortgages that the UK's biggest banks agreed with home buyers fell sharply in January.

 

Repossessions Rise

The number of people who had their homes repossessed reached a 14-year high during 2009.

 

One million families borrow on credit cards to cover housing costs

At least one million families have resorted to using credit cards to pay their mortgage or rent during the past year.

 

Allsop Residential's £50m Christmas Sale brings its 2009 to £325m

Allsop's final two day last auction brought some Christmas cheer to the market.

 

Lender to repay borrowers

The GMAC-RFC mortgage lender has been fined £2.8m by the Financial Services Authority (FSA) for mistreating customers who fell into arrears.

 

Mortgage approvals drop in August

The number of new mortgages approved, but not yet lent, has fallen for the first time in 10 months, according to figures from the Bank of England.

 

Rents rising as reluctant landlords sell

The cost of renting a home is rising as "reluctant landlords" sell-up in the recovering housing market.

 
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