Rise In Remortgaging
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Rise In Remortgaging Brought About By Record Low Base Interest Rate The Bank of England’s record low base interest rate has propelled a rise in remortgages. The mortgage processor Legal Marketing Services has released data showing a rise in remortgage transactions. The number of remortgages taking place is the highest since July […]
Workers Struggle To Afford To Live In London
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Workers Struggle To Afford To Live In London London workers pay up to 60% more on housing in order to live in the city they work than those living 1 hours travel away. Research by Lloyds Bank has found that for Londoners, living in the most central areas of the city adds […]
Santander’s High Loan-To-Value Mortgages
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Santander’s High Loan-To-Value Mortgages A Sign Of Confidence In Lending Market The bank is creating a series of high loan-to-value (L.T.V.) mortgages aimed at servicing customers with good credit ratings. Santander are looking to entice customers wanting competitive interest rates over a set time period, offering £250 in the form of cashback […]
15% Fewer Rental Properties Put On The Market In August
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] 15% Fewer Rental Properties Put On The Market In August Number of properties newly listed for renting falls throughout the country. The crowdfunding platform Property Partner have compared the number of rental properties being put on the market between the 1st and the 28th of August to the number that entered during […]
New Era of 1% Interest Rate Mortgages Could Be On The Way
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] New Era of 1% Interest Rate Mortgages Could Be On The Way A lowering of the Bank of England’s base interest rate could stoke competition amongst mortgage providers, leading to interest rates of 1% or even lower. Customers may soon be able to take advantage of even lower interest rates on fixed-rate […]
New Push To Grow The Interest-Only Mortgage Market
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] New Push To Grow The Interest-Only Mortgage Market Leeds Building Society looks to widen the market for interest-only mortgages. The chief commercial officer of Leeds Building Society, Richard Fearon believes that mortgages that do not include repaying the capital value of a property have “become the domain of the wealthy”. He adds […]
‘Brexit’ Fails To Halt Property Price Rises
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] ‘Brexit’ Fails To Halt Property Price Rises The building society Nationwide reports property prises in August rising by 5.6% on an annual basis, up from 5.2% in July. According to Rob Weaver, director of investments at property crowdfunding platform Property Partner, “it’s looking like the predicted collapse of the property market post-‘Brexit’ […]
Savers Told To Switch Account Providers To Avoid 0.01% Interest Rates
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Savers Told To Switch Account Providers To Avoid 0.01% Interest Rates Loyal customers are being hurt the most as companies focus on publicising introductory offers and hiding long-term rates. F.C.A. Aims To Address The Situation The Financial Conduct Authority plans to make savings rates more transparent in what it calls a ‘sunlight […]
Experts Suggest England’s House Price Boom To End
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Experts Suggest England’s House Price Boom To End Both analysts and estate agents see an end to current house price rises coming. Estate agents warn they “believe the nation has now neared the limit in terms of price rises”, according to Paul Smith, chief executive at Haart. Mike Prew, equity analyst at […]
Uncertainty Ahead If The U.K. Votes To Leave The E.U.
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Uncertainty Ahead If The U.K. Votes To Leave The E.U. On Thursday 23rd June, the U.K. will vote in a referendum to decide whether or not to remain in the European Union. A pro-leave outcome would send shock-waves through the U.K. and internationally. Political Change David Cameron and George Osborne have tied […]