And the council of mortgage lenders recorded a slowdown in gross mortgage lending to £25bn ­ 13% lower than in july. Mortgages make you ill, according to sainsbury's bank. Halifax, which is britain's biggest mortgage lender, has sliced the rates it charges on two- and five- year fixed rate mortgages. A big rise for mortgage lending 21/0. Short- term fixes will give those looking for interest rate security peace of mind, but we wouldn't recommend anything above three years. The average demand price is at its highest level ever, up annually for the first time in five months, 3. 1.

Tony and michelle meadows took out the loan in 1989 with an annual rate of 34. 9. The average asking price is now £193, 536. Back to top mortgage approvals soar in may 28/0. In august, the weakest growth figure since june 2002, and significantly lower than the recent monthly average of £5. 4bn. The figures, which are not seasonally adjusted, show the annual rate of house price inflation to be 13. 6.

Billion in the past six months and buy- to- let mortgages accounted for 6. However, average house prices in england and wales were still 10. 62. Most economists believe that the monetary policy committee of the bank of england will vote to keep interest rates on hold this week at 4. 5%. Halifax increases mortgage rate 10/0.

Landlords are making more money from buy- to- let, according to paragon mortgages. Ms bruce said: "the housing market is slowing down with the economy, after consistent interest rate rises over the past year. Prospective buyers have taken heed following three rate rises in four months, and there are fewer people registering with estate agents.

The annual rate of house price inflation is now 5. 3%. It details the headline rate, all fees, the total amount payable, the amount payable per pound borrowed and the monthly payments. We expect average house prices to rise by just 3% over the whole of 2006, ” donnell concluded.