News Archive - Articles Published in Mortgages
Mortgage Rescue Scheme Officially Launched16 Jan 2009 | by Peter WakefordA government initiative aimed at helping people avoid repossession has launched across England today (January 16th).
HSBC Launches Lowest-Ever Mortgage Deal16 Jan 2009 | by Peter WakefordHSBC has launched a new series of mortgages with the lowest interest rate it has ever offered, but experts have mixed views on whether it will help the property market.
Troubled Mortgage Customers 'Should Contact Lender'15 Jan 2009 | by Peter WakefordHomeowners struggling with mortgage repayments have been told to get in touch with their lender "as soon as possible".
Northern Rock Cuts Mortgage Rates15 Jan 2009 | by Peter WakefordThe nationalised bank Northern Rock has joined other lenders in passing on the Bank of England's interest rate cut - but not in full.
Higher Mortgage Deposits 'No Bad Thing'14 Jan 2009 | by Peter WakefordTighter mortgage lending criteria means that first-time buyers need to save up a larger deposit than in the past - but this is "no bad thing", according to the Council of Mortgage Lenders.
'More Information Needed' on HomeBuy Direct Scheme13 Jan 2009 | by Peter WakefordThe government is failing to properly publicise and provide assistance with its HomeBuy Direct scheme, it has been claimed.
Interest Remains but Property Sales Fall Again13 Jan 2009 | by Peter WakefordNew figures have revealed that house sales fell again in December to reach an unprecedented low, despite continued buyer interest.
Government 'to Guarantee Mortgage Lending'12 Jan 2009 | by Peter WakefordA number of reports have suggested that the government is set to guarantee mortgages in an effort to get the property market moving.
Bank of England Sets Interest Rates to a Record Low08 Jan 2009 | by Peter WakefordThe Bank of England has fulfilled most analysts expectations by reducing its base rate again, setting it at its lowest ever value of 1.5 percent.
Mortgage Measures 'Will Only Help Small Percentage of Households'07 Jan 2009 | by Peter WakefordNew measures introduced by the government to assist struggling homeowners will only help a small number of them, according to the Homeowners Advice Centre.
Extra Help for Struggling Homeowners Proposed06 Jan 2009 | by Peter WakefordThe government has extended its Support for Mortgage Interest scheme to provide extra assistance for homeowners struggling after losing their job.
House Prices Fall Again06 Jan 2009 | by Peter WakefordThe latest figures from Nationwide have revealed that house prices fell again in December, despite signs in November that the market was stabilising.
Government Policies 'Not Working'05 Jan 2009 | by Peter WakefordThe shadow chancellor has claimed that the latest mortgage statistics from the Bank of England prove that the government's policies are "not working".
House Prices 'at 2004 Levels'05 Jan 2009 | by Peter WakefordThe average price of a home in the UK is now the same as it was in August 2004, figures from the Halifax have revealed.
No More Mortgage Cuts from Nationwide02 Jan 2009 | by Peter WakefordNationwide Building Society will not pass on any more Bank of England base rate cuts to its tracker mortgage customers, it has revealed.
House Prices Fall - But Better News for First-Timers31 Dec 2008 | by Peter WakefordThe Land Registry has said that English and Welsh house prices fell again last month - but the Halifax revealed that homes are becoming more affordable for first-time buyers.
Property Market in 2008 'Stagnant'30 Dec 2008 | by Peter WakefordSome areas of the country saw one in four properties fail to sell for the whole of this year, according to a property search engine.
Homeowners ‘Not Withdrawing Housing Equity’29 Dec 2008 | by Peter WakefordThe latest figures from the Bank of England have shown that people are refraining to use the value of their homes to make purchases.
House Prices 'Will Drop by 25%'24 Dec 2008 | by Peter WakefordFewer people than usual will be taking out a mortgage next year, Rics said.
Mortgage Approvals 'Dip Again'23 Dec 2008 | by Peter WakefordLoan volumes are less than half those of last year, banks say.