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Mansfield unveils 95% LTV shared ownership range

Mansfield Building Society has launched a range of shared ownership mortgages aimed at first-time buyers.

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Scottish independence will force up mortgage rates, Treasury warns

Scottish mortgage lenders could be forced to raise rates if the United Kingdom breaks up, the Treasury has warned.

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Barclays withdraws five-year Help to Buy product

Barclays is to withdraw one of its Help to Buy products after less than two months and cut the rate on another mortgage which is part of the government backed scheme.

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NatWest launches 1.74% fixed rate

NatWest Intermediary Solutions is to offer a two-year fixed rate product at 1.74% exclusively through Legal & General advisers.

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Gross mortgage lending climbs 4% in April

Lenders increased gross mortgage lending by 4% to total £12.1bn in April, according to Council of Mortgage Lenders(CML)data.

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Bank of Ireland ditches rate increase for 1,200 borrowers

Bank of Ireland has given a reprieve to around 1,200 mortgage customers who were expected to be hit with an increased mortgage rate.

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Homebuyers 'wary' of Green Deal

Prospective home buyers are 'wary' of buying a property that has a Green Deal loan attached to it.

London-underground

London asking prices up £10,000+ in Q1

The average asking price for homes in Greater London has risen by over £10,000 to £368,357 in just three months, data has revealed.

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Mortgage applications up 54% year-on-year

As fixed mortgage rates fell for the ninth month in a row, applications for April have risen by over 50% since last year and 10% in April, according to a mortgage advice firm.

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Scottish govt launches £120m response to Help to Buy

The Scottish government has unveiled plans for a new shared equity programme in response to the UK government’s Help to Buy scheme.

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Welsh urged to keep first-time buyer scheme

The Council of Mortgage Lenders has urged the Welsh mortgage industry to keep its first-time buyer scheme despite the arrival of Help to Buy.

bobbuilder

Prisk admits self-build market has far to go; Lloyds to push kit homes

Housing Minister Mark Prisk has admitted the idea the self-build market had grown to maturity in the last three years was "false."

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Mervyn King issues government Help to Buy warning

Outgoing Bank of England governor Mervyn King has issued a warning to government over its flagship Help to Buy scheme.

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Bank of Ireland 'breaching regulations' with rate rise - landlords

The lawyer leading a class action against the Bank of Ireland has urged the regulators to do their job and protect borrowers from the 'unfair' Standard Variable Rate rise.

houseequity

Consumer misconceptions blight equity release

Advisers selling equity release products are still facing significant problems with client misconceptions over about the sector.

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