It’s not easy selling your house as anyone who’s tried lately will tell you but some people are going to extraordinary lengths to do just that.

According to recently released figures by the CML, Scotland is the place to go if you want to take out an IT contractor mortgage.

No doubt any first-time buyers who listened to Andrew Lilico, the Policy Exchange think-tank’s chief economist, on Monday will be hoping his predictions are way off course.

Although interest rates are at a record low, banks are not passing these savings on to their customers.

The latest buy to let survey from the CML shows that the sector is showing signs of recovery.

The Post Office launched a new fixed rate mortgage product on Monday. The new deal has a two year fixed rate of 2.85% but you will need to put down a hefty 35% deposit to take advantage of it and the arrangement fee is £1495. However, the rate is highly competitive and could encourage others to lower their rates.

Although the property market appears to be on a bit of a roller coaster lately, there are some areas where the property market is booming.

First Direct, a division of HSBC, have seen an enormous increase in IT contractor mortgage related enquiries since it reduced the cost of applying to £99.

A new report from the RICS suggests that the UK’s housing market is suffering a fresh downturn as public sector workers become increasingly concerned about their job security and first-time buyers continue to be deterred by the lack of mortgage finance .

More and more people between the ages of 20 and 34 are still living with their parents, according to data from the HBF.

The Halifax claims that the economic recovery coupled with the current record low interest rates led to house prices rising at their fastest rate for four months in July.

Although there are now 66% more mortgages available than there were in January, a lot of people are still struggling to obtain sufficient finance to buy properties.