Older borrowers with interest-only loans
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Older borrowers with interest-only loans using equity release to clear mortgage trebles The number of borrowers using equity release as a means of paying off an interest-only mortgage has trebled. Lenders have tightened up on their lending into retirement criteria over the past 2 years, possibly in prospect of the Mortgage Market […]
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 […]
Nearly two-fifths of British house hunters fear mortgage rejection
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Nearly two-fifths of British house hunters fear mortgage rejection Nearly two-fifths (38 per cent) of house hunters are concerned they will be rejected for a mortgage, according to new research by TSB. The survey of 2,014 people showed younger buyers – those under the age of 35 – are particularly concerned about […]
Look beyond Help to Buy at all the options
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Look beyond Help to Buy at all the options The Help to Buy mortgage guarantee scheme is making the headlines at the moment given its earlier-than-expected launch at the Conservative Party conference. But it may not be suitable for everyone and there may be alternatives especially as many regional building societies already […]