Repossession in the News

  • Coventry pulls out of interest-only mortgage lending

  • Building society follows RBS and NatWest’s lead, as mortgage and house price figures paint a picture of stabilityCoventry Building Society has become the latest lender to stop offering interest-only mortgages to borrowers, hot on the heels of RBS and N…

  • Halifax Home Finder – consumer app of the week

  • A property search, house prices and mortgage rates all in one place – is this the ultimate homebuying/snooping app?App: Halifax Home FinderBy: The app was built by design company Grapple (which we wrote about here)Price: FreeAvailable on: iOS 4.0 or …

  • House prices falling steeply, says Royal Institution of Chartered Surveyors

  • Downward slide evidence of faltering economic confidence, says group, but London house prices experiencing a ‘mini-boom’The early 2012 rebound in the housing market has run out of steam, according to Britain’s surveyors, who have reported price decline…

  • The overdue death of interest-only mortgages

  • As the door finally closes on interest-only mortgages, it is worth recalling how they can feed soaring property pricesBack in 1989 I foolishly bought my first property, a one-bed flat in a miserable part of south London. I borrowed as much as I co…

  • House prices take a tumble in April 2012

  • House prices fall 2.4% in April as Halifax warns of ‘challenging’ times ahead • House prices: what do the different indices show?House prices fell in April at their fastest rate for 20 months according to Halifax, knocking nearly £4,000 off the valu…