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Mortgages

Mortgages

Posted Fri, 12/03/2010 - 21:47

Mortgage activity collapses in January

Mortgage activity collapses in January

Friday 12th March 2010

Despite high hopes that the UK property sector was indeed returning to growth, these hopes were dashed in January with news of a 49% reduction in the number of home loans issued in the UK. It would appear that the stamp duty holiday introduced ... Full Story>>

Posted Tue, 09/03/2010 - 06:01

Is it too soon to look at fixed-rate mortgages?

Is it too soon to look at fixed-rate mortgages?

Monday 8th March 2010

As talk about the threat of inflation continues to grow there are some analysts who are concerned that UK base rates could move higher in the short to medium term. However, the vast majority of analysts believe that the threat to the UK ... Full Story>>

Posted Mon, 08/03/2010 - 07:02

Should you be looking towards offset mortgage arrangements?

Should you be looking towards offset mortgage arrangements?

Sunday 7th March 2010

Over the last few months is has become apparent that UK savers have been earning paltry interest on their nest eggs while paying out mortgage interest well above UK base rates. This has brought into play one area of the mortgage market which ... Full Story>>

Posted Tue, 23/02/2010 - 21:50

Mortgage lending hits an eight year low

Mortgage lending hits an eight year low

Tuesday 23rd February 2010

Mortgage lending in the UK hit an eight year low in January amid signs that the recovery in the UK property market may well be veering off course. This comes at a time when hopes have been high that the corner had been turned and the property ... Full Story>>

Posted Mon, 22/02/2010 - 04:04

What should come first – an increase in mortgage liquidity or a rise in property prices?

What should come first – an increase in mortgage liquidity or a rise in property prices?

Sunday 21st February 2010

Despite the Council of Mortgage Lenders in the UK (CML) forecasting an increase in UK mortgage liquidity in the latter part of 2010 there is concern that mortgage companies are waiting for a revival in the UK property market. This then prompts ... Full Story>>

Posted Mon, 22/02/2010 - 03:08

CML forecasts increase in mortgage activity in 2010

CML forecasts increase in mortgage activity in 2010

Sunday 21st February 2010

The Council of Mortgage Lenders in the UK (CML) has this weekend issued a report suggesting that mortgage lending in the country will pick up in the latter part of 2010. This comes despite the fact that 2010 has begun rather slowly for the ... Full Story>>

Posted Fri, 12/02/2010 - 07:06

John Healey and his controversial comment on repossession

John Healey and his controversial comment on repossession

Thursday 11th February 2010

John Healey, the UK government's Housing Minister, has today courted controversy with a suggestion that repossession is the "best thing" for some struggling homeowners. This comes on the day when...

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Posted Thu, 11/02/2010 - 11:29

Housing repossessions reach 14 year high

Housing repossessions reach 14 year high

Thursday 11th February 2010

The Council of Mortgage Lenders (CML) has today confirmed that 46,000 homes were repossessed in the UK in 2009 which is the highest for over 14 years. While the number is an increase of 6,000 on...

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Posted Wed, 10/02/2010 - 18:12

Bank of England to reduce assistance for mortgage market

Bank of England to reduce assistance for mortgage market

Wednesday 10th February 2010

The Bank of England has today ruled out further assistance for the UK mortgage market with confirmation that the Special Liquidity Scheme which targeted lenders in the UK will not be extended past...

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Posted Tue, 09/02/2010 - 16:43

UK mortgage rates fall to record low

UK mortgage rates fall to record low

Tuesday 9th February 2010

January may well turn out to be the bottom of the UK mortgage market with tracker rates falling to record lows. Figures released by the Bank of England show a fall from 3.92% in December to 3.63%...

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