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Homeowners who bought at the peak of the market face four more years of negative equity, a housing group said. They may now have to wait until 2014 before prices recover enough to make their homes worth more than [...] More than one million home owners on interest only deals face a sharp rise in interest rates when their current deal expires. Coventry Building Society has become the latest mortgage lender to [...] More families will lose their homes, charities warn, as the Government prepares to reduce the amount of financial support it provides to borrowers by as much as £200 a month. But some of [...] Home owners have so little equity left in the homes after the credit crisis that they are struggling to remortgage, experts warned. The number of loans approved for those buying a [...] Mortgage lending to home buyers increased again in June according to the Council of Mortgage Lenders (CML). The CML said activity was “still on an upward trajectory” and described [...] Hundreds of thousands of retired home owners face have having their homes repossessed as banks refuse to extend their mortgage terms.Lenders have imposed tight age restrictions on elderly borrowers who have been unable to pay off their mortgage before reaching retirement. Falls in their investments as a result of the worst economic crisis in a generation [...] The property boom that home owners have enjoyed during the past year has ended as the latest housing survey shows home buyers retreating over concerns about the economy. This reduced demand is combined with an increase in the [...] House prices are starting to fall, the latest survey by the Royal Institution of Chartered Surveyors (Rics) has said. Rics said this was because more homes were being put up for sale, while inquiries from potential new buyers [...] Royal Bank of Scotland (RBS) has been accused of making customers pay above average rates on their mortgages despite the nationalised banking group reporting profits. Overdue homeowners are warned that a four pronged whammy will see the number of home repossessions increase. The latest forecast from the Council of Mortgage Lenders [...] Registered Office in England, 24 Charlton Drive, GL53 8ES, UK- 3506015 • Data Protection Registration Number- PZ5407728
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