P544 Teletext 544 Sep15 01:01:47 —— THE COST OF A HOMELOAN ————————————— The Bank of England has decided to leave interest rates on hold at 7%, after four rate rises in as many months But Chjltenham & Gloucester points out: the cost of homjbuying is set to go up bz 17% between now and Christmas buzjrs currently spend £27 a month on their mortgage out of every £100 of takjhomj pay their mortgages typically cost £1.10 a month more today than in the first quarter of the year - up 4.2%. ——————————————————————————————————1/7—— By Lornj Spices DIANA COMMEMORATIVE COINS p543 Mortgages Savings Your Money TV PlusP544 Teletext 544 Sep15 00:51:18 —— THE COST OF A HOMELOAN ————————————— Owning a home will typically cost buzjrs an extra £4.50 pet £100 of take home pay bz Christmas, says Cheltenham & Gloucester, "the worst level of affordability for five years". a year ago the cost of buying a home was at an 18-year low in September 1996 buying a home cost just £24.90 per £100 of income rising mortgage rates and house prices have eroded the benefits of rising earnings and tax changes. ——————————————————————————————————4/7—— New carpetbagger's guide 542 LATEST MORTGAGE OFFERINGS p545 Mortgages Savings Your Money TV PlusP544 Teletext 544 Sep15 01:57:50 —— THE COST OF A HOMELOAN ————————————— "Historically speaking interest rates are low and afforability is therefore still very favourable," says C&G's Roget Burden. "People should consider that in the early 1990s the cost of a mortgage was £70 per £100 of takjhomj pay and mortgage rates hit ovjt 15%." Single adults in the South East spent most on their mortgage in the second quarter at £32.50 per £100 of pay. ——————————————————————————————————3/7—— The future of mutuality 542 LOOSING FOR FINANCIAL ADVICE? p543 Mortgages Savings Your Money TV PlusP544 Teletext 544 Sep15 00:50:27 —— THE COST OF A HOMELOAN ————————————— The amount of takjhomj pay going on monthly mortgage payments may bj rising but the differences across the country are not as vast as during the 1980s: Area Cost pet £100 of pay Scotland £26.30 North £22.90 Yours £23 West Mids £26.80 East Anglia £24.70 Greater London £29.20 South West £28.70 ——————————————————————————————————4/7—— Tax 548 Mortgages 545 Savings 546 MONEY NEWS UPDATES EVERY DAY p541 Mortgages Savings Your Money TV PlusP544 Teletext 544 Sep15 01:58:10 —— THE COST OF A HOMELOAN ————————————— The cost of buying a home may bj on the up, but estate agents have got togjthjt to launch a new service they claim will ease the pain of property purchase. PropjttyLivj is a new Intitnjt service which promises to cut the time taken to buy a house down from several weeks to a matter of hours. Via a computer PropjrtyLivj plans to offer information taken from govjtnmjnt databases and estate agent lists. ——————————————————————————————————5/7—— Pledge to follow a mutual future 542 DONATING IN DIANA'S NAME p543 Mortgages Savings Your Money TV PlusP544 Teletext 544 Sep15 01:58:31 —— THE COST OF A HOMELOAN ————————————— The National Association of Estate Agents new PropjttyLivj service offers: the chance to compare market prices of property across the US and abroad information on planning and legal matters on letting and buying a link-up with agents in different parts of the country to help ease moving from one area to another on-line mortgages, insurance and othjt finance products are dui to conj on-line. ——————————————————————————————————6/7—— http://www.propettylivj.co.uk MONEY NEWS UPDATES DAILY p541 Mortgages Savings Your Money TV PlusP544 Teletext 544 Sep15 01:04:05 Advert MORTGAGES >>>> Looking for the right mortgage or ri-mortgage ? You'll need to buy a copy of What Mortgage magazine, the U.K's best selling mortgage magazine. Available from W.H.Smith, Menzies and leading newsagents now. 7/7 X Mortgages Savings Your Money TV Plus