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    <title>UK Mortgage, loan, finance and property news June 2009</title>
    <description>Mortgage-loan-UK bring you the most topical and current relevant news within the industry. From mortgage and loan news and current regulations, to reporting on the fluctuations within the property market and rates. Syndicate our news.</description>
    <link>http://www.mortgage-loan-uk.net/news/</link>
    <lastBuildDate>Mon, 22 Jun 2009 16:17:58 +0100</lastBuildDate>
    <pubDate>Mon, 22 Jun 2009 16:16:11 +0100</pubDate>
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      <title>Bank of England reports negative equity over 1 million</title>
      <description>Property price falls mean that 1.1m homes are now worth less than their mortgages, according to figures from the Bank of England. In the first quarter, some 12,800 houses were repossessed 51% higher year on year.</description>
      <link>http://www.mortgage-loan-uk.net/news/Bank_of_England_reports_negative_equity_over_1_million.php</link>
      <pubDate>Tue, 16 Jun 2009 14:46:46 +0100</pubDate>
    </item>
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      <title>Britains biggest repossession</title>
      <description>Britains priciest repossession is to be offered in a residential receivership sale next month. The 20 million GBP 19th Century luxury property in Mayfair is making credit crunch history as it is nearly twice as valuable as Britain&apos;s previous largest</description>
      <link>http://www.mortgage-loan-uk.net/news/Britains_biggest_repossession.php</link>
      <pubDate>Mon, 22 Jun 2009 16:13:08 +0100</pubDate>
    </item>
    <item>
      <title>Buy-to-let rent falls as supply increases</title>
      <description>Rental on buy-to-let properties have fallen by 6% over the past 12 months with rising supply the key issue. The supply of rental flats, in particular, is up by between 50% and 100% depending on location, according to a recent residential review.</description>
      <link>http://www.mortgage-loan-uk.net/news/Buy-to-let_rent_falls_as_supply_increases.php</link>
      <pubDate>Wed, 17 Jun 2009 07:21:16 +0100</pubDate>
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    <item>
      <title>May gross lending still subdued </title>
      <description>Gross mortgage lending totalled an estimated 10.3 billion GBP in May, a 2% decline from the 10.5 billion GBP in April and down 58% from May 2008, according to new data from the Council of Mortgage Lenders. </description>
      <link>http://www.mortgage-loan-uk.net/news/May_gross_lending_still_subdued.php</link>
      <pubDate>Mon, 22 Jun 2009 16:14:42 +0100</pubDate>
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      <title>OFT puts estate agent register online</title>
      <description>The Office of Fair Trading (OFT) has launched an online version of its register of estate agents who have been given official warnings or prohibition orders under the Estate Agents Act 1979.</description>
      <link>http://www.mortgage-loan-uk.net/news/OFT_puts_estate_agent_register_online.php</link>
      <pubDate>Wed, 17 Jun 2009 16:15:47 +0100</pubDate>
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      <title>Property asking and selling prices narrowing</title>
      <description>Almost 60 percent of surveyors are now reporting that the gap between asking and selling prices are narrowing says RICS research published today. In contrast, last August results of the same survey revealed that the gap was widening.</description>
      <link>http://www.mortgage-loan-uk.net/news/property_asking_and_selling_prices_narrowing.php</link>
      <pubDate>Wed, 17 Jun 2009 07:22:10 +0100</pubDate>
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    <item>
      <title>Tax warning on commercial property</title>
      <description>Due to government tax changes it has been suggested that fewer people will be maintaining commercial property holdings in their pensions in future. It is widely felt that only people with high levels of cash holdings in their self-invested personal</description>
      <link>http://www.mortgage-loan-uk.net/news/tax_warning_on_commercial_property.php</link>
      <pubDate>Wed, 17 Jun 2009 07:22:52 +0100</pubDate>
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    <item>
      <title>UK housing repossessions to peak within 2 years</title>
      <description>A leading economist has predicted it will be another two years at least before repossessions reach their peak, and the outlook for the UKs economy remains hideous for the next decade. </description>
      <link>http://www.mortgage-loan-uk.net/news/UK_housing_repossessions_to_peak_within_2_years.php</link>
      <pubDate>Mon, 22 Jun 2009 16:16:11 +0100</pubDate>
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