The percentage of British people using a mortgage or purchasing a home outright has increased significantly over the last 60 years. This is the finding of new research from Aviva, which revealed preferences regarding ownership have changed dramatically since Elizabeth Read more…
Barclays has announced it is reducing a number of its two-year fixed-rate mortgages. The bank revealed it will lower the levels by up to 0.20 percentage points, while also cutting its NewBuy rate and adding two new plans to its Read more…
Young professional mortgage seekers are targeting property in south-west London, new research has shown. According to the Lloyds TSB study, aspiring urbanites are being attracted by the capital’s SW post codes, with Fulham proving the most popular spot among those Read more…
Many people in the UK are finding it difficult to afford mortgage deposits and are therefore choosing to rent rather than buy. This is the suggestion of Sue Hopson, brand standards director at Martin and Co – a property management Read more…
The dip in gross mortgage lending seen in April came as no surprise, it has been suggested. Ben Wilkie, editor at What Mortgage – which is aimed at would-be homebuyers – noted the tumble was somewhat expected, especially given the Read more…
Coventry Building Society has unveiled a new buy to let (BTL) capped tracker mortgage product. Released yesterday (May 22nd), the home loan boasts a pay rate of just 3.80 per cent and is capped at 5.30 per cent, running until Read more…
House price sentiment among mortgage borrowers is beginning to waver, new research has suggested. According to the Knight Frank/Markit House Price Sentiment Index for May 2012, 53.4 per cent of home loan customers anticipate these costs will increase over the Read more…
April witnessed a marked reduction in gross mortgage lending when compared with that recorded the previous month. This was the finding of new research from the Council of Mortgage Lenders (CML), which showed deals of this type fell by 19 Read more…
Nationwide Building Society has announced it is to make significant cuts to its mortgage rates. The organisation revealed it will reduce its two and five-year fixed-rates by 0.10 per cent, while it is also set to bring down its five-year Read more…
Clydesdale and Yorkshire Banks have announced the release of new fee-free mortgages for first-time buyers (FTBs). The offer represents a move by the banks to underline their commitment to assisting potential homeowners as they look to enter the property market. Read more…