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Mortgage lending is still running at very low levels according to the Council of Mortgage Lenders (CML). Recent surveys have shown that house prices have changed very little in [...] UK homeowners paid off more of their mortgage borrowings last year than they had done in any other single year official Bank of England figures show. They returned £7 billion in the final three months of the year, [...] A total of £9.5 billion was advanced during the month, broadly in line with January’s one year low of £9.48 billion, the Council of Mortgage Lenders said. Local communities in England which agree to host a windmill farm will receive payments from the government. With the average life of a windmill farm estimated at 20 years, this could add up to [...] The finances of private tenants deteriorated in December, with nearly 12% of all rent unpaid or paid late. LSL said unpaid rent now amounted to £276m, the highest level since December [...] Thousands of people investing their retirement savings were given poor advice by Barclays, which must now pay them sixty millions pounds in compensation. One in seven of the 12,000 investors complained about [...] Re-mortgager asks what will happen to house prices in 2011? In 2010 the property market took a downward turn after a brief recovery in prices that had started in 2009 ran out of steam. The [...] 58% of Americans expect the US housing market to stay depressed for two or more years, a new survey has suggested. The findings by property websites Trulia and [...] The UK housing market seems set to remain in the doldrums for some months yet, with the latest Bank of England figures on home loans showing few signs of life. New statistics on consumer confidence are alos falling. Some 47,185 mortgages were approved by banks and building societies in October, an eight month low. This is down [...] Further to the Re-Mortgager post last week- House prices set for prolonged downturn the research also indicates that there will be big gains for a minority of homeowners.The divergence between housing markets in different regions is much more pronounced than many expected. That may get worse because of the austerity measures introduced by the coalition [...] Registered Office in England, 24 Charlton Drive, GL53 8ES, UK- 3506015 • Data Protection Registration Number- PZ5407728
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