| UK Mortgage Update - August |
These days, everyone has a reason to be concerned about the mortgage market. From the US to the UK, everyone is ill at ease knowing that there are several different factors, none of which are easy to understand or predict...[more] |
| Mortage lending falls again |
Mortgage lending fell by 2% in May inspite of ongoing signs that the housing market is on its way to recovery.£10 billion was loaned out in may, down from £10.5billion in April and 58% lower than last May, according to the Council of Mortgage Lenders...[more]
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| Decline in mortgage lending |
New figures now show a sharp decline in mortgage lending over the past year. In 2008, 515,000 mortgages were taken out. This marks a decline of almost 50% from 2007, the Council of Mortgage Lenders has revealed. Mortgage activity is now at its lowest since 1974...[more] |
| Property Boom 2007 |
The predicted percentage of increase is at about 6%. This is good news for home owners, but not so good for first time buyers. For home owners the increase will mean positive equity and a chance to remortgage and save a lot of money...[more] |
| Homeowners vs First Time Buyers |
With property prices on the rise, its good news for homeowners, bad news for first time buyers. For those looking to get the leg on the first rung of the property ladder may find it difficult, especially since wage increases are lagging way behind house price increases....[more] |
| North South Divide |
The North South property divide that looked to be closing has done a major u-turn. The gap had started to close within the last three years. [more] |
| Interest Rates Rise Again |
After the shock bank rate rise this month, thousands of homeowners will be looking to remortgage. [more] |
| Increased Mortgage Terms |
As I’m sure you’re aware house prices are still rising and show no sign of slowing no matter what experts say or people predict. This spells hard times for those looking to get on the first rung on the property ladder...[more] |
| Many Homeowners To Remortgage |
Another interest rate rise could lead to millions of homeowners choosing to remortgage their homes to cope with rising repayments, according to a new re...[more] |
