News Archive - Articles Published in Mortgages
Scottish Mortgage Support Scheme Launched17 Mar 2009 | by Peter WakefordScottish homeowners struggling with mortgage payments are now able to take advantage of a new support fund.
New Mortgage Rules Criticised17 Mar 2009 | by Peter WakefordNew rules aimed at limiting risky mortgages have come in for criticism from property experts.
Estate Agent Complaints 'Not Hit by Slowdown'17 Mar 2009 | by Peter WakefordLast year only showed a slight drop in the number of complaints about estate agents, despite the huge slowdown in the property market.
First-time Buyers 'Could Save £150 a Month'16 Mar 2009 | by Peter WakefordA new study by Halifax has found that many first-time buyers could save nearly £150 a month by addressing their finances.
Mortgage Lending Falls Again12 Mar 2009 | by Peter WakefordMortgage approvals dropped again in January as the problems in the property market continue.
Stamp Duty Holiday 'Not on the Table'12 Mar 2009 | by Peter WakefordThe British Property Federation has expressed doubt that the government will introduce a stamp duty holiday to help the property market.
RBS in Scottish Mortgage Pledge11 Mar 2009 | by Peter WakefordRBS has said that it will provide £1.7 billion worth of mortgages for the Scottish property market over the next 12 months.
UK Property Sales 'Still Struggling'10 Mar 2009 | by Peter WakefordThe latest figures from the Royal Institution of Chartered Surveyors have shown that property sales are still low - but there is some cause for optimism.
Call to 'Do Away With' Home Information Packs09 Mar 2009 | by Peter WakefordThe National Association of Estate Agents has said that Home Information Packs should be 'done away with totally'.
February Sees 2.3% House Price Decline06 Mar 2009 | by Peter WakefordThe latest Halifax house price index has revealed that house prices dropped by 2.3 percent last month.
Bank of England Base Rate Lowered to 0.5%05 Mar 2009 | by Peter WakefordThe Bank of England's Monetary Policy Committee has reduced the base rate by 50 basis points, leaving it at 0.5 percent.
Northern Rock Sees £1.4bn Loss and Jump in Repossessions03 Mar 2009 | by Peter WakefordGovernment-owned bank Northern Rock recorded a loss of £1.4 billion last year and saw repossessions rise by 63 percent.
Lower Base Rate 'Will Hurt Mortgage Market'02 Mar 2009 | by Peter WakefordThe mortgage market will be hurt - not helped - if the Bank of England lowers its base rate any further, according to the Building Societies Association.
January Sees 31,000 Mortgage Approvals02 Mar 2009 | by Peter WakefordThe Bank of England's latest figures have shown that the number of mortgage approvals in January reached 31,000.
Average House Price Falls by 15.1% in 12 Months27 Feb 2009 | by Peter WakefordFigures from the Land Registry have revealed that the average house price in January was £156,753, down 15.1 percent from a year before.
Negative Equity Risk for 'Millions' of Homeowners27 Feb 2009 | by Peter WakefordAlmost four million homeowners are either in or at risk of negative equity, new research has revealed.
Base Rate Decision 'Not Terribly Important'27 Feb 2009 | by Peter WakefordThe chief economist at the Royal Institution of Chartered Surveyors has said that the Bank of England's upcoming base rate decision is 'not terribly important now'.
Higher Loan-to-Value Mortgages 'Suggest Confidence' in Market27 Feb 2009 | by Peter WakefordOne of the largest independent London estate agents has claimed that the return of higher loan-to-value mortgages suggests confidence is returning to the market.
Nationwide Records 1.8% February House Price Fall26 Feb 2009 | by Peter WakefordNationwide Building Society has announced that the average price of a house in the UK dropped by 1.8 percent in February.
Homeowners 'Making Overpayments on Mortgages'25 Feb 2009 | by Peter WakefordNew research from the Co-Operative Bank has revealed that homeowners are making overpayments on their mortgages while interest rates are low.