Homeowners could be set to face an additional mortgage bill on top of any rises to the standard variable rate (SVR). According to new research from Which?, customers may face an extra £300 million in repayments over the next 12 Read more…

People looking to secure a mortgage for the first time may want to make sure their credit rating is in good condition before doing so. Catherine Hearnden, director at MyMortgageDirect, has noted individuals require a “squeaky clean” credit file in Read more…

News that the UK is experiencing a double-dip recession is likely to impact mortgage lending throughout the nation. Donna Houguez, market analyst at Quick Move Now – a home buyer based in the UK – has noted the announcement will Read more…

Those hoping to secure a mortgage currently face a difficult decision with regard to the type of home loan to opt for. This is according to Defaqto, which has noted people have to choose whether to plump for a fixed Read more…

First-time buyers (FTBs) in the UK appear increasingly optimistic about their chances of securing a mortgage and entering the property market. New research from the Post Office has revealed one-in-eight people are hopeful they will be able to purchase a Read more…

First-time buyers (FTBs) hoping to access the property market in the UK are being hampered in their efforts by the re-adoption of old mortgage criteria, it has been suggested. Paul Holmes, chief executive officer at Firstrung – which specialises in Read more…

People across the UK may be wise to check the original terms of their mortgage deals, as experts have warned that lenders are looking to increase interest rates . The Daily Telegraph reports providers are searching for legal ways to Read more…

Individuals should not be tempted to commit mortgage fraud and are “mad” if they are willing to try something similar. This is according to Catherine Hearnden, director at MyMortgageDirect – an organisation run by a team of independent financial advisers Read more…

Instances of mortgage fraud in the UK have risen for the fifth year in a row, new figures have revealed. Provided by global information services company Experian, the findings showed bogus applications for home loans increased by eight per cent Read more…

Mortgage lending to first-time buyers (FTBs) rose in February, new figures have shown. Released by the Council of Mortgage Lenders (CML), the statistics revealed 14,100 home loans were taken out by this group during the four-week period. This amounted to Read more…