Mortgages arrangement fees have jumped by a typical £150 in 12 months, meaning borrowers should be ever more careful of being lured into seemingly low rates.
The number of mortgages available to those with a limited deposit has risen to its highest level in over two and a half years, bringing hope for first time buyers who tend to have smaller down payments.
Average monthly rents in England and Wales burst through the £700 barrier last month as a shortage of new homes and mortgage constraints fuelled tenant demand.
15 July 2011
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