Individuals having trouble paying their mortgage or rent should seek help to ease the financial stress they are under. This is the suggestion of Bernard Clarke, communications manager at the Council of Mortgage Lenders (CML), who was speaking in response Read more…

Mortgage lending by mutuals rose significantly in November, new research has shown. Compiled by the Building Societies Association (BSA), the figures revealed this activity increased by 24 per cent when compared against that recorded 12 months earlier. The total amount Read more…

Many people in the UK are using credit in an effort to pay their mortgage, new research has shown. The survey, carried out by Shelter, revealed almost one million individuals took out a payday loan in order to keep up Read more…

Failure to secure a mortgage in order to buy a house remains among the biggest financial regrets for individuals in the UK. This is according to new research by First Direct, which found 12 per cent of people believe they Read more…

People looking to find a suitable mortgage in order to move home need to be in the right frame of mind when doing so, it has been suggested. Miles Shipside, commercial director at Rightmove – which offers a 24-hour service Read more…

HSBC has announced it is to charge no fees on its range of competitive tracker mortgages in January next year as part of its eighth annual sale. This promotion will include the agreements with a 90 per cent loan-to-value, with Read more…

Leeds Building Society has unveiled a new shared ownership mortgage aimed at supporting first-time buyers (FTBs) as they attempt to get their foot on the first rung of the property ladder. The product requires no deposit from the borrower and Read more…

Difficulties when attempting to access mortgage finance will continue to prove a major obstacle for first-time buyers eager to get their foot on the first rung of the property ladder in 2012. This is according to Peter Bolton King, chief Read more…

Mortgage reforms outlined by the Financial Services Authority (FSA) will bring a number of benefits to the sector, it has been suggested. The Council of Mortgage Lenders said it welcomes and broadly supports the changes, despite previously voicing concern that Read more…

Gross mortgage lending in the UK escalated in November, new findings have shown. Published by the Council of Mortgage Lenders (CML), the results revealed this level stood at £13 billion for the four-week period, meaning the sum escalated for the Read more…