A helping hand up the ladder for next-time buyers | This is Money
Banks and building societies are belatedly recognising the plight of 'mortgage prisoners' - homeowners who are trapped because falling house prices have wiped out their deposit.
They are experimenting with ways to help them escape the trap and kickstart the sluggish housing market.
New mortgage lending was a record low in 2010, says the Bank of England.
Average house prices are down 1.1% over the past year, according to Nationwide Building Society, and 13% lower than the peak in autumn 2007.
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