More and more people taking out repayment mortgages
May 12th, 2011 Add your Commment
It has been revealed recently that the number of repayment mortgages being taken out by property purchasers has reached record levels, having increased steadily since 2007 when they hit their lowest level in six years.…
Read MoreNo change to base interest rate
May 6th, 2011 Add your Commment
Many homeowners and a variety of industry groups will be celebrating today after it was announced that the base interest rate was to be held for yet another month at the all time low of just 0.5 percent, where it has been for well over two years.…
Read MoreNo change to base interest rate
April 8th, 2011 Add your Commment
For the 25th consecutive month the Monetary Policy Committee and the Bank of England have decided that they will be keeping the base interest rate on hold once again at just 0.5 percent, which is the lowest level it has been in the history of the Bank of England, which…
Read MoreMortgage approvals more promising last month
March 30th, 2011 Add your Commment
Following the turbulence if the property market and mortgage lending markets over the past couple of years recently released figures seem to suggest that things may be on the up for these sectors.…
Read MoreOsborne announced help for first time buyers
March 24th, 2011 Add your Commment
There is little doubt that first time buyers have been getting a raw deal over the past couple of years, namely because lenders have been demanding huge deposits that they simply didn’t have. For many first time buyers this has resulted in them being unable to get their foot on…
Read MoreEconomists claim there is no rush to fix rates
March 17th, 2011 Add your Commment
A group of economists has recently said that there is no rush for homeowners on variable rates to rush to fix their rates in case of a base rate rise, adding that anyone acting now could actually end up being worse off.…
Read MoreHomeowners should avoid property fraud protection schemes
March 7th, 2011 Add your Commment
With property related fraud on the increase it is no surprise that so many worried homeowners are quick to sign up to schemes that offer to protect them from this type of fraud, even if this protection comes at a price.…
Read MoreMortgage affordability has improved for many
March 1st, 2011 Add your Commment
The results of a recent survey have shown that at the end of last year mortgage affordability amongst homeowners in the UK reached its highest level in ten years.…
Read MoreWill UK property prices come down to an affordable level?
February 23rd, 2011 Add your Commment
Many first time buyers may be biding their time over making an effort to get onto the property ladder in the hope that the high price of property in the UK may come down – and they may find that they are not left disappointed.…
Read MoreNAEA figures encouraging
February 18th, 2011 2
The National Association of Estate Agents has released some encouraging data recently relating to the state of the property market in the UK. Over recent months the property market has experienced a lot of turbulence and a range of problems. According to the figures from the NAEA figures relating to…
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