RE-Mortgage Market on the Up.
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Is it time You RE-Mortgaged? For the first time in 11 months the remortgage market has shown promising signs of staying on the up. The Council of Mortgage Lenders stated that there were 26,600 loans to remortgage borrowers in March which is an increase of 6% on March 2014’s 25,200. The number […]
Help to Buy ISA announced
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Help to Buy ISA announced Chancellor George Osborne was about to close his Budget address, when he announced a new scheme to help would-be first-time buyers to save for a deposit. The Help to Buy ISA allows would be buyers to save up to £200 a month, with the Government adding a […]
Interest Rates to Fix or Not To Fix
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Interest Rates to Fix or Not To Fix The proportion of borrowers opting for fixed rate mortgages fell in September despite the market expecting base rate to increase within the next year. The proportion of purchase borrowers choosing to fix fell 2 per cent from September 2013’s average of 94 per cent. […]
Bank of England Interest rate rise getting closer
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Bank of England Interest rate rise getting closer Bank of England governor Mark Carney says an increase in the base interest rate is “getting closer” but will not return to pre-crisis levels. UK economy is beginning to “normalise” and suggested interest rates could soon follow suit. With many of the conditions for […]
The Bank of England has moved to cap loan to incomes on new mortgage
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] The Bank of England has moved to cap loan to incomes on new mortgage The Bank of England has moved to cap loan to incomes on new mortgage lending in a bid to cool the housing market.
Uk House Price Date
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Uk House Price Date UK house prices have continued to surge over recent months, fuelling well-document concerns that the market might be overheating. House prices in the UK posted an annualised increase of 8% during March, having risen by 9.2% in February. In comparison, prices in London rose by 17% over the […]
Base Rate to be Maintained at 0.5% for the 62nd Consecutive Month
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] The Bank of England’s monetary policy committee has once again voted to maintain the base rate at 0.5 per cent – the 62nd consecutive month of record-low rates. The last change to base rate was a 0.5 per cent reduction to its current level on 5 March 2009.
Getting a Mortgage from April 26th 2014
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Getting a Mortgage After The new Mortgage Market Review April 26th 2014 · What you need to know when you get a new mortgage or · change your existing mortgage. · New mortgage rules that will affect you New mortgage rules that will affect you In the past, some people were allowed […]
Borrowers may have to wait weeks for branch adviser meetings
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Borrowers may have to wait weeks for branch adviser meetings Borrowers could be forced to wait weeks for an appointment with lenders’ mortgage advisers after the Mortgage Market Review as firms race to get qualified staff in place. Last week, a business development manager at one of the UK’s biggest lenders warned […]
Why use a mortgage broker?
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Why use a mortgage broker? What does a Mortgage Broker do that you can’t? And why should we pay for their services, when there are loads of other costs when we move home or re-mortgage? But however tempting it is to cut out the middleman when searching for a new mortgage, you should […]