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Mortgage lending improved in October by 7 percent

According to the Council of Mortgage lenders we saw an improvement in mortgage lending of 7 percent in October, this being the first rise since July this year, but unfortunately is still 44 percent lower than in October 2007.
Last October mortgage lending totaled 33.4 billion whereas this October total mortgage lending

UK houses prices to tumble a further 17 percent

Anyone who was in the UK and affected by the negative equity crisis in the 1990s could be seeing the same again within the next 12 months, according to the

Seizure until 2011 in the UK mortgage market

The former chief executive of HBOS, Sir James Crosby, said that the shortage of mortgage finance will continue throughout 2008, 2009 and 2010 continuing into 2011, and the risk of repossessions will grow, the