News Archive - Articles Published in Mortgages
4% Rise in Mortgage Lending in February14 Apr 2009 | by Peter WakefordThe Council of Mortgage Lenders has revealed that there was a small increase in mortgage lending in February - but activity still remains 'very weak'.
Bank of England Base Rate Left Untouched at 0.5%09 Apr 2009 | by Peter WakefordThe Bank of England has declined to change the base rate this month, halting a steady decline since the onset of the credit crunch.
HSBC Boosts Mortgage Availability08 Apr 2009 | by Peter WakefordHSBC has provided a boost to the ailing mortgage market by offering a range of products with loan-to-value ratios of up to 90 percent.
Accidental Landlords 'Must be Aware of Legislation'08 Apr 2009 | by Peter WakefordPeople who have let out their property as a result of the financial downturn are being warned to make sure they adhere to all landlord regulations.
New Rules for Home Sellers Come into Effect06 Apr 2009 | by Peter WakefordFrom today, homeowners selling a property must have a home information pack in place before the house can go on the market.
House Prices 'Dropped in March'03 Apr 2009 | by Peter WakefordThe latest figures from Halifax have revealed that house prices fell in March, in contrast to yesterday's report from Nationwide.
Homeowners Reducing Mortgage Debt02 Apr 2009 | by Peter WakefordBritish householders have been paying off mortgages in record amounts due to the drop in house prices and historically low base rate, the Bank of England has revealed.
House Price Boost for March02 Apr 2009 | by Peter WakefordThe latest figures from Nationwide revealed that house prices rose in March for the first time since October 2007, but the building society warned against over-optimism.
Take Advantage of Low Rates and Overpay, Borrowers Told31 Mar 2009 | by Peter WakefordHomeowners should take advantage of the low base rate and overpay on mortgages, according to new advice.
Seek Advice To Gain Best Fixed Rates, Broker Says31 Mar 2009 | by Peter WakefordThe advertised price of some fixed-rate mortgages may not be available to all borrowers, one expert has said, suggesting that potential property owners seek professional advice.
Withdrawal of Lenders 'Has Led to Gap in Mortgage Market'30 Mar 2009 | by Peter WakefordCurrent mortgage supply does not meet demand due to the recent withdrawal of foreign lenders and specialist providers, the Council of Mortgage Lenders has said.
A Third of Tenants In Arrears30 Mar 2009 | by Peter WakefordA third of tenants have missed rent payments, which the National Landlords Association (NLA) suggests is partly responsible for the recent rise in repossessions.
Owner-Occupier Mortgages From Landlords 'Irresponsible'30 Mar 2009 | by Peter WakefordBuy-to-let landlords who take out owner-occupier mortgages are theoretically committing fraud and placing their tenants at a disadvantage.
Act Now For Best Fixed-Rates26 Mar 2009 | by Peter WakefordBorrowers have been advised to lock into fixed-rate mortgages sooner rather than later.
CML Calls For "Holistic View" on Affordability25 Mar 2009 | by Peter WakefordLenders and borrowers need to take a 'holistic view' when considering mortgage affordability, according to the Council of Mortgage Lenders (CML).
Debt Problems 'Affecting Better-Off'24 Mar 2009 | by Peter WakefordDebt problems are beginning to affect the more affluent parts of society, with many unable to take the 'quick-fix solution' of remortgaging their properties, according to a debt advice website.
Treasury Criticised Over Northern Rock Lending20 Mar 2009 | by Peter WakefordThe Treasury should not have allowed Northern Rock to continue with its risky mortgage lending after the bank was nationalised, the National Audit Office has said.
Brits 'Concerned About Repossessions'20 Mar 2009 | by Peter WakefordA new study from consumer watchdog Which? has found that millions of Britons are worried about the possibility of repossession.
Mortgage Lending Drops Again19 Mar 2009 | by Peter WakefordMortgage lending fell again in February, new figures have revealed.
London Street 'Has Average House Price of £6.2m'18 Mar 2009 | by Peter WakefordA new survey has found that some areas of the UK have been less affected by the credit crunch than others, with one London street averaging £6.2 million per house.