With the Nationwide 95 per cent LTV and Barclays SVR drop of 1.15% mortgage options are on the increase.
Rate cuts and homeowners slashing asking prices gives hope for some market recovery in the Spring, say Rightmove, a leading property portal.
Gordon Brown says that the shortage of UK housing should influence a housing market recovery.
The base interest rate cut to 4.5% and the governments rescue package for the major banks brings hope of a lift for the property market.
Roof terraces can provide much needed outside space in confined areas and are becoming the new property accessory.
Figures just released by the Council of Mortgage Lenders show that mortgage lending remained steady in July, while remortgages increased.
There could be good news for homebuyers as mortgage lenders continue to reduce rates in an attempt to attract more customers.
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