Norwich and Peterborough building society is the latest lender to announce an increase in its standard variable rate (SVR), meaning thousands of borrowers face a sharp rise in mortgage repayments. As reported by the Guardian, an increase in Norwich and Peterborough’s SVR from 4.89 per cent to 5.35 per cent, will add £30 a month to a £100,000 repayment mortgage. Other lenders to have recently...
Property portal NetMovers is the first property website to offer house search facilities based on energy efficiency. NetMovers will launch the facility by the end of February 2010 and are currently comparing the Energy Performance Certificates of all properties on its site. Property will be listed using an ‘Energy Rating’ from ‘A’ to ‘G’, and also a...
While the property market continues to looks gloomy for estate agents, ‘for sale by owner’ property is booming according to NetMovers, the UK’s leading commission free property portal. More people are searching for property through ‘for sale by owner’ search terms, rather than searching for ‘estate agents’ or ‘property’, according to the...