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Property News
Homeowners Experience 20pc Drop in Mortgage Costs
Homeowners have seen their monthly mortgage repayments fall by 20 per cent from an average of £607 in December 2008 to £497 in December 2009.
Care Leavers Face Living in Unsafe Housing Conditions
Those leaving care frequently look to have a rough start, as local authorities have often forced some young adults to live in conditions which are described as ‘unsafe’.
GBP112m Awarded to Sutton Partnership Improving Social Housing
Recently, the partnership of Sutton Council and Sutton Housing Partnership was given a ‘two star’ rating by the Audit Commission. This has led to the partnership being granted £112.5 million to be used to improve social housing within five years.
Banks See Mortgage Approvals Double to GBP10bn
According to the British Bankers Association, banks have managed to double the number of mortgages for house purchases in December.
Choosing the Wrong Lender Can Set You Back GBP5,700
Homeowners borrowing from competitive lenders are in a better position to pay off their mortgage than those who borrow from societies charging high standard interest rates.
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