Woolwich is cutting rates on its fixed and lifetime tracker mortgages and is introducing an LTV tier of 75%.
The Intermediary Mortgage Lenders Association has warned that appeals to the Bank of England to restore liquidity are continuing to fall on deaf ears.
Five processing centres are being considered for closure by Nationwide.
Estate agents are reporting less than one sale a week, says the Royal Institution of Chartered Surveyors.
RICS reports the lowest level of transactions since its survey began in 1978 – 12.7 over the past three months.
As the US continues to confound growth expectations and the eurozone’s ‘will they, won’t they’ saga has finally concluded, what are the implications for global markets? James Dowey, Neptune’s chief economist, puts forward his outlook for 2015 and the key considerations for investors.
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