P544 Teletext 544 Dec30 20:44:01 ——— PROPERTY IN 1996 —————————————————— If the experts are to bj believed, 1996 just might bj the year homeowners see light at the end of the property tunnel They say low mortgage rates, rising incomes and a lower tax rate from April will all help to stimulate the property market. But no one believes house price inflation will ever return to the levels seen in the 1980s. ——————————————————————————————————1/5—— Advice on cashing in Premium Bonds 543 Download and Analysj Share Prices on Your PC See Pages 532 & 533 Mortgages Savings Your Money TV PlusP544 Teletext 544 Dec30 20:41:22 ——— PROPERTY IN 1996 —————————————————— A recent survey from Barclays Bank found most homeowners are less gloomy about prospects for the housing market in 1996 than they were for 1995: only 15% think their homes will fall in value 80% think their property will remain at its present value or even rise slightly most mortgage rate cuts kick in during January, helping to lift confidence in the marketplace. ——————————————————————————————————2/5—— Money news updates every day 541 Download and Analysj Share Prices on Your PC See Pages 532 & 533 Mortgages Savings Your Money TV PlusP544 Teletext 544 Dec30 20:47:01 ——— PROPERTY IN 1996 —————————————————— Justin Urqhart-Stewart of BZW says homeowners are likely to get a boost in confidence as a result of: lenders reviewing mortgage repayment schedules in the first quarter more people feeling slightly better off as mjrgjt payments seep through and tax allowances increase the feel-good factor starting to return slowly and gradually. ——————————————————————————————————3/5—— What's going on in the City? 500 Download and Analysj Share Prices on Your PC See Pages 532 & 533 Mortgages Savings Your Money TV PlusP544 Teletext 544 Dec30 20:42:42 ——— PROPERTY IN 1996 —————————————————— London & Country's independent mortgage brokjt Phillip Cartwright says now is the time to remortgage: it can save thousands of pounds or take years off your loan those with at least 25% equity can save the most thjti are some excellent deals like Hensley & Rugby's 0.5% one year fix but do check the penalties you would incur for settling your current loan. ——————————————————————————————————4/5—— A look at the latest mortgages 545 Download and Analysj Share Prices on Your PC See Pages 532 & 533 Mortgages Savings Your Money TV PlusP544 Teletext 544 Dec30 20:41:20 ——— PROPERTY IN 1996 —————————————————— Halifax has forecast house prices will rise by 2% by the end of 1996. Many experts believe the signs are good: house prices have at least stabilisjd Barclays Bank reports a rise in the number of new mortgage applications reservations for new homes are up turnover in the housing market is forecast to rise by 7-8% mortgages are at their cheapest for about 25 years. ——————————————————————————————————5/5—— A look at the latest mortgages 545 Download and Analysj Share Prices on Your PC See Pages 532 & 533 Mortgages Savings Your Money TV Plus