Around one-third of homeowners would not be able to pay their mortgage for more than a month if they lost their job, according to new figures. Housing charity Shelter published the results of a YouGov survey that showed 35 per Read more…
Halifax has rolled out a new mortgage deal that it hopes will strengthen its support for people trying to enter the UK housing market. The latest offer from the financial institution, which was launched on Friday (April 5th), is a Read more…
Tesco Bank has launched a new line of competitive mortgage deals across its entire product range. As a result of several reductions, customers will be able to benefit from a two-year fixed rate mortgage at a maximum loan-to-value (LTV) of Read more…
One in five homeowners are thinking about remortgaging at some point this year, new research has revealed. A study carried out by Lloyds TSB discovered 19 per cent of respondents say 2013 is a “good time” to consider the move Read more…
Yorkshire Building Society has announced it is slashing mortgage rates for first-time buyers with small deposits. From today (March 28th), the financial institution is helping people get onto the property ladder by reducing interest rates by up to 0.2 per Read more…
More mortgages were repaid in February than they were taken out, according to data released by the British Bankers’ Association (BBA). The body has announced the total number of mortgages granted during the month was six per cent lower than Read more…
Lloyds Banking Group has welcomed the Help to Buy mortgage guarantee scheme announced in George Osborne’s Budget speech yesterday (March 20th). Mortgage director of the financial institution Stephen Noakes said the initiative is set to give the housing market a Read more…
A number of private banks have scrapped the foreign currency mortgages they once offered as borrowers have been significantly affected by a fall in the value of the pound. Loans in foreign currencies were offered by Royal Bank of Scotland, Read more…
Barclays has launched two new mortgages aimed at first-time buyers looking to get onto the property ladder. The lender has introduced a three-year fixed-rate deal at 4.75 per cent and a five-year product that carries an interest rate of 4.95 Read more…
The number of homeowners forced to give up their properties after struggling to keep up with mortgage payments dropped by more than half (54 per cent) between 2010 and 2012. According to new statistics released by housing investment and shared Read more…