Mortgages

FSA urge lenders to act responsibly

The FSA has discovered that many lenders are taking advantage of consumers struggling in the financial climate.

Mortgages News posted on 05/08/2008 15:32:43



Rent now buy later 'too complicated'

A leading first-time buyer property advisor believes the governments newest scheme is confusing for consumers.

Mortgages News posted on 30/07/2008 13:51:46



Crosby review recommends lending measures

A government commissioned review of the lending market has indicated that outside intervention is necessary to kick start funding.

Mortgages News posted on 29/07/2008 13:52:00



NAEA urge govt to learn from US mistakes

An association of landlords has urged the government to introduce measures to tackle the current housing market problems.

Mortgages News posted on 24/07/2008 15:31:09



BBA: Lending falls further

The British Bankers Association has revealed that a significant reduction in lending occurred in June.

Mortgages News posted on 23/07/2008 15:59:27



Halifax cut rates again

The UKs largest mortgage lender has cut its rates for the second time in seven days.

Mortgages News posted on 18/07/2008 15:48:40



CML: lending falls further

Mortgage lending fell again in June - according to the Council of Mortgage Lenders.

Mortgages News posted on 18/07/2008 14:34:24



B&B shareholders approve £400m rights issue

Bradford & Bingleys shareholders have agreed to fund a £400 million rights issue.

Mortgages News posted on 17/07/2008 13:33:07



Wimpey will pay 25 percent of your mortgage

The housebuilder George Wimpey has announced a new scheme that allows homeowners to purchase a mortgage at 75 per cent of the value of the property.

Mortgages News posted on 16/07/2008 15:18:06



Sellers reluctantly turn to rent

Homeowners looking to sell their property in the current financial market are increasingly being forced to rent.

Mortgages News posted on 16/07/2008 15:18:05



Abbey cuts fixed rate deals

Abbey has announced that it will be making further cuts to its mortgage rates.

Mortgages News posted on 11/07/2008 15:11:16



CML reports rise in lending

The Council of Mortgage Lenders has announced that lending increased in May

Mortgages News posted on 08/07/2008 10:01:05



Nationwide slash mortgage rates

Nationwide has cut the prices on some of its mortgage deals

Mortgages News posted on 07/07/2008 10:27:04



Lender cuts fixed-rate deals

A high street lender has announced they will be cutting rates on some of their fixed-rate mortgage deals prompting speculation over whether lenders will be relaxing their criteria.

Mortgages News posted on 03/07/2008 16:28:07



One in four think now is good time to buy

A quarter of consumers believe that the current market is a "good time to buy".

Mortgages News posted on 20/06/2008 16:28:36



House markets perform as expected

UKs housing market is falling at the expected rate, according to the Council of Mortgage Lenders.

Mortgages News posted on 20/06/2008 16:28:33



Market for certification of mortgage advisors has remained buoyant

The number of people looking to qualify as an intermediary is steady as an increasing number of first-time buyers and homeowners are looking for mortgage advice.

Mortgages News posted on 17/06/2008 13:21:19



AMI urges concerted campaign to show homeowners value of intermediaries

As more homeowners and first-time buyers look to intermediaries for advice the director general of the Association of Mortgage Intermediaries calls for the industry to pull together to help consumers.

Mortgages News posted on 13/06/2008 16:56:17



Borrowers beware: Non-refundable fees will 'cost cash'

As the Abbey has announced that it will be introducing a non-refundable mortgage fee, an expert advises that other lenders will probably follow.

Mortgages News posted on 12/06/2008 12:33:07



Mortgages limited for luxury properties

The number of high end mortgages available on the market has reduced considerably, according to new research.

Mortgages News posted on 11/06/2008 12:33:34



Northern Rock mortgage customers advised to shop around

A mortgage agreement between Northern Rock and Lloyds TSB may be good news for some borrowers but they are likley to be cherry picked, according to a price comaprison site.

Mortgages News posted on 06/06/2008 16:36:07



Mortgage approvals down but not out

Despite mortgage approvals declining, an industry expert has said that falling house prices could mean first-time buyers "re-entering" the market.

Mortgages News posted on 02/06/2008 15:42:14



Avoid expensive mortgages for the cost of a coffee

Homeowners that are coming to the end of their exsisting mortgage need to increase their repayments to avoid being put on a banks standard variable rate deal.

Mortgages News posted on 30/05/2008 17:31:39



Struggling borrowers should talk to their lender

Homeowners who think they may have problems meeting their mortgage payments should talk to their lender before they get into serious financial difficulty.

Mortgages News posted on 30/05/2008 17:19:30



Avoid hefty mortgages by cutting out your daily cappuccino

Fool.co.uk says property owners can take action to maintain desirable mortgage arrangements.

Mortgages News posted on 29/05/2008 16:21:42



Mortgage deals go up and down

Just as the cost of fixed rate mortgages are being cut with one lender, so another increases theirs.

Mortgages News posted on 29/05/2008 15:57:07



Short shelf life for mortgage deals

First-time buyers are advised to find a reliable mortgage data website to avoid missing the best deals.

Mortgages News posted on 28/05/2008 15:52:08



Remortgages on the increase

The intermediary mortgage lenders association (IMLA) survey shows that remortgages make up the biggest percentage of new mortgages offered.

Mortgages News posted on 27/05/2008 16:01:07



Mortgage lending increases

Figures released by the Council of Mortgage Lenders (CML) show that mortgage lending increased slightly in April.

Mortgages News posted on 22/05/2008 17:11:24



Finance company advises consumers to 'shop around'

Consumers are told they could be saving thousands per year on mortgages, credit cards and health insurance if they shop around.

Mortgages News posted on 22/05/2008 17:11:24



Endowment customers should prepare for shortfall

Endowment policy holders turn to financial advise, remortgage their property or seek compensation to meet the shortfall in their policies.

Mortgages News posted on 19/05/2008 16:40:27



Good mortgage advice 'more important than ever'

It is "more important than ever" for mortgage customers to seek good advice, as the market is becoming increasingly tough.

Mortgages News posted on 16/05/2008 13:06:45



'Less perks on offer' in mortgage market

Those looking for a house purchase loan need to shop around, as the mortgage market is not as competitive as it used to be.

Mortgages News posted on 15/05/2008 11:15:09



New package to aid mortgage customers

The government has recently announced a new £10 million package to help homeowners struggling with their mortgages.

Mortgages News posted on 12/05/2008 10:46:08



Payment holiday 'can ease strain on mortgage borrowers'

Payment holidays can offer mortgage borrowers a chance to ease their financial situation, although it is not guaranteed that they are eligible for the facility.

Mortgages News posted on 29/04/2008 09:19:19



First-time buyers turning to family for help

A number of first-time buyers have to turn to their family for help with deposits in order to buy a new home, experts have claimed.

Mortgages News posted on 24/04/2008 15:46:09



First-time buyer market share falls

The market share of first-time buyers fell in March, as consumers face increasing pressure in the tough economic climate.

Mortgages News posted on 24/04/2008 10:50:18



International mortgages harder for ex-pats to obtain due to credit crunch

The credit crunch is making it harder for British expats td or in to get a mortgage abroad or in the UK.

Mortgages News posted on 23/04/2008 16:46:44



Support package 'will ease' mortgage market

The Bank of Englands £50 billion support package for the UK mortgage market has been welcomed, although the scheme is "relatively restrictive".

Mortgages News posted on 22/04/2008 17:28:55



Young adults not saving for mortgages

Many first-time buyers are failing to save for the deposits on their new homes.

Mortgages News posted on 21/04/2008 15:54:45



Adding arrangements fee to mortgage should be 'last resort'

Consumers should consider adding an arrangement fee to their mortgage as a last resort, as this significantly increases the cost of the original set-up fee.

Mortgages News posted on 17/04/2008 13:12:11



Base rate cut does little to help mortgage borrowers

The Bank of Englands latest quarter point cut to interest rates is unlikely to ease conditions in the UK mortgage market.

Mortgages News posted on 11/04/2008 09:03:12



Less mortgage borrowers choosing to fix

February saw a decline in the popularity of fixed-rate mortgages, as expectations of further interest rate cuts encouraged an increased uptake of tracker-rates.

Mortgages News posted on 10/04/2008 11:03:42



Conditions in mortgage market continue to toughen

With only one mainstream lender offering 100 per cent mortgages, first-time buyers will find it even more difficult to get a foot on the property ladder.

Mortgages News posted on 09/04/2008 11:20:42



Homeowners' finances are 'strong and healthy'

The finances of UK homeowners are "strong and healthy", as mortgage balances outstanding are far outweighed by unmortgaged housing equity.

Mortgages News posted on 09/04/2008 11:20:40



Most consumers would opt for long-term fixed-rate mortgage deals

New research has revealed that the majority of UK homeowners would choose a long-term fixed-rate deal on their mortgage.

Mortgages News posted on 07/04/2008 13:12:23



Base rate could be reduced in Bank's next decision

An economist has predicted that the Bank of England will reduce the base rate by a quarter point this month.

Mortgages News posted on 04/04/2008 09:18:24



Mortgage costs to increase for borrowers on fixed-rates

Many UK borrowers coming of their fixed-rate deals are likely to face increased mortgage costs this year.

Mortgages News posted on 03/04/2008 08:24:32



Mortgage lenders charge a 'cost for remaining loyal'

Mortgage lenders are ignoring the value of existing customers by charging them for renewing their current deals.

Mortgages News posted on 01/04/2008 11:27:10



Small lenders have better deals on mortgages

The credit crunch has affected the mortgage market greatly in the last few months and it is now becoming apparent that small lenders are offering much more competitive rates.

Mortgages News posted on 28/03/2008 15:15:43