Your home may be repossessed if you do not keep up repayments on your mortgage.

Archive of: July, 2014

  • MME Mortgage & Protection News!

    With an improving economy, house price growth and decent loans on offer, many will feel that this is the time to take stock of what they’d like to achieve now and over the next few years.

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  • Market forces take toll on first-time buyer sales

    The number of sales to first-time buyers fell in June by five percentage points to 20% of total sales, figures released by the National Association of Estate Agents have revealed.

    Last month the proportion of sales to fledgling buyers stood at its lowest since May 2013 as a combination of market forces and regulatory conditions made it difficult for buyers to get a foothold on the housing ladder.

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  • UK inflation jumps in biggest monthly increase since 2012

    UK consumer price inflation has moved sharply higher in June, a surprise jump which may strengthen the case for an earlier-than-expected base rate rise.

    Inflation rose to 1.9% in June, up from 1.5% in May fuelled by higher clothing, food & drink and air transport costs, according to the Office for National Statistics. Clothing and footwear costs contributed almost half of the monthly increase.

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  • Investors expect interest rate hike late 2014

    The upturn in UK growth means investors believe the first interest rate hike for nearly five-an-a-half years could come this year, said a bank.

    Off the back of a booming economy, the markets have brought forward rate hike expectations to late 2014 boosting Sterling to a six-year high, according to a Berenberg Bank report.

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