House price betting firm Cantor Spreadfair is predicting a 19% fall in house prices by 2010. It says average house prices will fall to £141,500.
At last, the government’s mortgage rescue package has been announced and what a surprise – it amounts to little more than window dressing.
From today Abbey for Intermediaries will slash its 85% LTV range by 0.6% and fees by up to £1,000. The lender is also rolling out five deals including a three-year 60% LTV fixed rate broker exclusive at 5.64% with a £995 fee.
Mform.co.uk is predicting a lender U-turn on the recent rate cuts in the coming weeks.
Nearly 12 months since sweeping to power, prime minister Narendra Modi has overseen a significant turnaround in India, which is now on track to become one of the most pro-growth, pro-investment economies in Asia. While the market has rallied 48 per cent over the last year in response to Modi’s reform agenda, what is the potential for further progress?
News and expert analysis straight to your inboxSign up