Homeowners' rate warning - 2003-08-04
Homebuyers have been warned that a jump in interest rates could lead to their homes being repossessed unless they incorporate flexibility into their household finances.

In its new risk review, designed as an early warning system of changes that could lead to a rise in arrears, the Council of Mortgage Lenders (CML) hinted that interest rates may rise again in 2004, albeit only modestly.
Read the full story at Manchester Online

First-time buyers staking a house - 2003-08-04
The main obstacle for first-time buyers looking for a way into the housing market is the size of deposit they need.

Leeds & Holbeck Building Society is launching a limited offer five-year fixed rate mortgage available until August 26, with a rate of 3.75 per cent.

Available up to 80 per cent of property value, there is no higher lending fee or extended lock-ins and penalty-free capital repayments up to 10 per cent are allowed each year.
Read the full story at Manchester Online