Figures relating to repossession released by mortgage group
February 17th, 2011 Add your Commment
Figures have been released recently by the Council of Mortgage Lenders in relation to the number of home repossessions seen in the UK last year.…
Read MoreNo change to UK base rate
February 11th, 2011 Add your Commment
It has been announced that the base interest rate in the UK is to remain at its all time low level of 0.5 percent for another month. The news comes following the February Monetary Policy Committee meeting.…
Read MoreBase rate could rise on Thursday
February 8th, 2011 Add your Commment
This Thursday will see the Monetary Policy Committee gather once again for their monthly rate setting meeting. Since the early part of 2008 each of these monthly meetings has resulted in the announcement that the base rate is to be held at its record low level of 0.5 percent, which…
Read MoreFirst-time buyers forced out by 40-year high deposits
January 24th, 2011 Add your Commment
Last year around 100,000 first-time buyers who weren’t helped financially by their families, couldn’t actual purchase their first home. This was mainly due to the record low number of low deposit mortgages according to data published by the Chartered Institute of Housing.…
Read MoreFall in mortgage demand will continue in 2011
January 7th, 2011 Add your Commment
Research revealed today that the final quarter of 2010 saw demand for mortgages falling sharply and is expected to drop even further over the coming months.…
Read MoreMortgage conditions not holding first-time buyers back
December 22nd, 2010 Add your Commment
It’s not the current mortgage lending conditions that are stopping people buying new properties, according to Newhomesforsales.co.uk.…
Read MoreBuy To Let Lending Rises For 3rd Consecutive Row In A Row
November 12th, 2010 Add your Commment
Many leading mortgage lenders may be reluctant to give out loans in case careless lending leads to another recession; however it would seem that many have finally acknowledged the need to help the buy to let market.…
Read More3m Property Owners At Risk Of Interest Rate Increases
November 5th, 2010 Add your Commment
Property advisors have become increasingly concerned that interest rates may increase earlier than expected after last week’s report revealed unexpected growths in the economy. And this could put the hundreds of property owners who are already facing rising taxes, increased inflation and the prospect of job losses, under increased financial…
Read MoreBuy To Let Loans Make A Re-Appearance
October 1st, 2010 1
Whilst other top mortgage lenders may have tightened their lending criteria over the last year; Paragon Mortgages have broken the mould by re-entering onto the property market with a variety of new buy to let deals.…
Read MoreNEW: Buy To Let Mortgage Deals
September 24th, 2010 Add your Commment
Other mortgage lenders may be reluctant to launch new buy to let mortgages, instead putting restrictions on their existing ones; however the Mortgage Works has recently broken the trend by offering a new collection to new and existing property investors.…
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