Mortgages News

By Fiona Shaikh LONDON (Reuters) - House price inflation eased to 3.3 percent in March from a downwardly revised 3.4 percent in February, the government said on Monday, in contrast with recent surveys that show price rises still accelerating. The Department for Communities and Local Government (DCLG) said house prices rose by 2.0 percent on the month in March, taking the average house price to 186,519 pounds compared with February's downwardly revised 182,925 pounds. The data runs counter to  ...

Stephen Womack, Mail on Sunday15 May 2006 CAR enthusiast Derrick Payne is in big demand at weddings when he volunteers to get the bride to the church on time. His gleaming white 1971 Rolls-Royce Silver Shadow adds a touch of class to the big day. HIGH ROLLER: Derrick Payne used his home's value to help fund repairs to his Rolls Royce and work on his house WANT TO KNOW MORE? REPORT: 'High risk' home reversion soars GUIDES: Equity release advice TIPS & ADVICE: Endowments  ...

LONDON (Reuters) - Mortgage lender Kensington Group (KGN.L: Quote, Profile, Research) said on Monday it had seen growth ahead of the overall UK mortgage market in the first five months of its financial year, but expected growth to slow by the end of 2006. Kensington, which sells mortgages to contractors, self-employed people and others outside mainstream lenders' criteria, said new business comp ...

Becky Barrow, Daily Mail15 May 2006 THE average price of a home has risen above £150,000 in every English region for the first time, figures reveal today. OTHER STORIES Thames Water launches probe into its charges Sunday newspaper share tips Suppliers can go bust, says OFT Brown blocking cash for pensioners Record profits for Royal Mail THE EDITOR'S CHOICE TOP TOOL: Broadband deal finder TOP REPORT: Laptop 'perks' tax TOP BLOG: 'My 300% gas bill ri ...

LONDON (Reuters) - Average asking prices on homes showed their strongest annual rise in over a year in the period from mid-April to early May, a survey showed on Monday. Property website Rightmove said asking prices rose 5.9 percent on a year ago in the period from mid-April to early May, up from 4.1 percent in the preceding 30-day period, and the strongest such rise since the March/April survey in 2005. Compared with the previous survey, asking prices were up 2.0 percent, following a 1.1 perc ...