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Signs of recovery in the UK property market are appearing after October figures showed a 5% rise gross mortgage lending.
October 2009 gross mortgage lending was an estimated £13.5bn ($24.4bn), up from £12.9bn in September 2009. However, this is...
Rents on houses increased 3.4% to $422 a week nationally over the 12 months to October 2009, while apartments rose 4.1% to $409.
According to RP Data, the biggest increases were in Rose Bay, NSW where median advertised rents on houses jumped 58.3% to...
According to The Australian Financial Review, small businesses are sucking up interest losses on deposit in an effort to secure a loan. In an increasingly competitive market for deposits, banks are pressuring small business owners to switch over their...
More than half a million households in Australia are currently experiencing ‘mortgage stress’ according to Fujitsu Consulting. The number of households struggling to pay their mortgage is expected to rise to almost 900,000 by the end of 2010 as...
One in three mortgage enquiries will not fit the current lending criteria set by banks, according to Loan Market Group.
The firm's chief operating officer Dean Rushton said tighter lending rules which require genuine savings contributions of around 5%...
