Around 1.8 million borrowers whose fixed-rate mortgages have come to an end are currently saving approximately £2,600 a year each, through having reverted to their lenders’ standard variable rates. According to new research from the Council of Mortgage Lenders (CML), many seem to be happy to adopt a “wait and see” attitude when it comes [...]
long term
Fewer long-term empty private homes
The number of long-term empty private homes in England has fallen for the first time in three years, according to the latest annual Empty Homes survey from Halifax.
As at April 2010, 295,519 homes had been vacant for more than six months, down 6% from a year earlier to the lowest level since 2007.
Empty dwellings accounted [...]
