Housing round up: Two surveys show house prices fall whilst Standard Variable Rates rise

Housing & mortgage round upA packed housing round up this week. Firstly, two surveys indicate house prices have fallen over the past couple of months and continue to do so year on year. Secondly, the mortgage market looks as though it will continue to get harder for borrowers who want an Interest Only mortgage after the announcement by the Co-operative Bank that they are pulling out of this type of lending. Finally, over one million borrowers have seen their mortgage payments ...