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- Halifax cuts mortgage rates on 2-year deals
- Fee-friendly remortgage deals from Nationwide
- Coventry BS launch new low rate fixed mortgage deals
- Accord cut mortgage rates and unveil new deals
- N&P cut fixed rate mortgage deals
The Halifax house price index for August shows that prices have gone up by 5.4 per cent over the 12 months to the end of July.
Funding for Lending is being driven forward by an increase in mortgage lending, the Bank of England has said.
New Bank of England governor Mark Carney says he is "personally" ready to see off the dangers of a housing bubble.
House prices rose by one per cent between June and July, according to the latest data from the Land Registry.
The Council of Mortgage Lenders reports that gross mortgage lending went up by 29% on July to reach the highest level since October 2008.
The latest House Price Index from Rightmove reveals that despite a small drop in August, asking prices for properties have gone up by 5.5 per cent in the last 12 months.
The cots of a mortgage is at its most affordable since 1999 with the proportion of income spent on them by an average household down to 27 per cent, according to new research by the Halifax.
The Bank of England's Monetary Policy Committee voted unanimously to keep interest rates at 0.50% and QE at £375bn but Martin Weale voted against adopting forward guidance on interest rates citing inflation risks.