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More than 2,000 use Help to Buy mortgage scheme

More than 2,000 people have put in offers on homes during the first month of the Help to Buy scheme, under which the taxpayer guarantees up to 15 per cent of mortgages, David Cameron will say today.

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House prices down 1.2% over year

House prices continued to edge lower last month and the market is expected to remain subdued but stable into 2013, the Halifax said today.

Britons cut mortgage debt by £9.8bn

Britons reduced their mortgage debt by £9.8 billion in the second quarter of this year as the housing market remained subdued, Bank of England figures showed today.