Mortgage | Property Investment | Finance Guide » Mortgage lending http://www.bestmortgageguide.co.uk/blog UK Mortgage , Proeprty Blog Thu, 19 Jan 2012 10:24:19 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 24% increase in Mortgage lending brings a good start to The Spring http://www.bestmortgageguide.co.uk/blog/24-increase-in-mortgage-lending-brings-a-good-start-to-the-spring http://www.bestmortgageguide.co.uk/blog/24-increase-in-mortgage-lending-brings-a-good-start-to-the-spring#comments Fri, 07 May 2010 12:23:31 +0000 admin http://www.bestmortgageguide.co.uk/blog/?p=80 A rise of £11.5 billion worth of Mortgage lending in March 2010 is some sort of relief for the economy though it will not sufficient to make up the awful start of the year
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Taking away of stamp duty relief for houses worth between £125,000 and £175,000, strike the housing market in the New Year. The new tax break of relief of stamp duty, for houses worth less than £250,000 will benefit first- time buyers.

Though there was a rise in the mortgage lending during the first three months and the value of the loans had improved, still the situation is the lowest in the recent history.
CPL economist warned that there is a possibility of tax hikes and the property market will have some sort of a blow. Though the Housing and Mortgaging is stagnant for present it is still better than the situation of last decade or so.
A slow improvement is expected with the progress of economic crisis despite the situation of early this year. Economists are awaiting an improvement in the interest rates in near future.

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