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House prices fell by 2.6% in November

House prices fell 2.6% in November, says Halifax. The lender’s research has found that the average house price is now £163,445 – 124% higher than in 1998.

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Lloyds sets out brand strategy for new mega lender

Halifax and Lloyds TSB brands will be the dominant brands of the new Lloyds Banking Group in England and Wales but there is no word yet on the future of BM Solutions, Intelligent Finance and Cheltenham & Gloucester.

Bitter pill

Given the year we’ve had, nobody was expecting a barrel of laughs at the Council of Mortgage Lenders’ annual conference in central London last week.

Eight lenders to pass on full rate cut

Eight of the UK’s largest lenders are passing on last week’s Bank of England base rate cut of 1% to existing customers on tracker mortgage deals.

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