Halifax
House prices have increased for the eighth time in the past nine months, rising 1.1% in March, according to the Halifax House Price Index.
Halifax has reintroduced its first-time buyer and home mover promotion whereby it pays half of the first year’s Council Tax to help with the cost of moving home.
Moneyfacts has revealed that state-funded banks charged higher than average rates on their products over the last year, despite the Bank of England base rate remaining at 0.5%.
Other Halifax articles
Acadametrics claims that average UK house prices have returned to levels last seen in April 2007, before the credit crunch hit.
Industry guru Ray Boulger looks at why the five main house price indices differ and attempts to identify the most reliable
Lloyds Banking Group (LBG) will allow all brokers’ clients with a variable rate deals to overpay their mortgages by up to 20% with no financial penalty under a new scheme.
UK house prices increased in February and are now back to the same levels as April 2007, figures from research group Acadametrics have revealed.
State funded banks are becoming less willing to increase their competitiveness, according to Moneyfacts.
The latest statistics from Halifax have added weight to the view that the house price recovery may be losing impetus.
Editor Barney McCarthy previews the latest issue of Mortgage Solutions.
UK house prices fell for the first time since June 2009 due to the end of stamp duty relief, icy weather and more properties being put up for sale, according to Halifax.
Halifax will stop offering its guarantor mortgage facility from March, due to reduced demand from brokers and consumers.
Halifax has heralded the 21st anniversary of the introduction of fixed-rate mortgages by publishing research into the much-loved product.
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