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Top earners in the public sector are to have their pay frozen in the coming year, the Prime Minister has announced.
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Just 25 per cent of people planning to purchase a home within the next 12 months are first-time buyers, research has suggested.
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Figures released on Wednesday have shown that mortgage rates continued to fall last month, coinciding with the launch of two new lending deals from the Co-operative and Spanish banking giant Santander.
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Fixed-rate mortgages enjoyed their most popular year ever in 2009 accounting for more than two-thirds of all lending, research has shown.
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Grandchildren may find they receive a few less treats from their grandparents as a study shows the cost is beginning to take its toll on their finances