BGN Entrepreneur

The fragility of the property market was highlighted by figures indicating that the number of home loans advanced to new homebuyers stalled in November. Statistics from the Council of Mortgage Lenders indicated that the lenders granted 44000 mortgages to property purchasers.
According to recent house price data, while prices ended the year broadly unchanged from the start of 2010, values started to deteriorate in the final months of the year. Some economists expect prices to fall again in 2011.

Related posts:

1. Fixed Rate Mortgages Cut as Economy Drifts
   As fears of an imminent rate rise have eased, the...
2. Homebuyer Mortgages Rise Again
   Bank of England figures show that a mild improvement in...
3. UK Mortgage Market
   The UK mortgage arrears are more correlated to unemployment levels...
4. Lloyds Encouraging Borrowers Pay off Mortgages Early
   Lloyds Bank Group is encouraging its borrowers to pay off...
5. New Mortgages Back to 2007 Level
   The number of new mortgages in November returned to levels...