The Co-operative Bank is cutting its mortgage rates through the re-launch of its fixed-rate home loan range. As part of the move, mortgage rates are to be slashed by as much as 0.6 per cent – or 60 basis points. Read more…
Individuals in the UK hoping to get their foot on the first rung of the property ladder may wish to delay doing so at present. This is because Matt Griffith, spokesman for PricedOut, has noted the outlook for this group Read more…
There have been a number of positive signs for first-time buyers looking to get a foot on the property ladder and access a mortgage, it has been suggested. Andy Pratt, chief operating officer at Alexander Hall, explained high street lenders Read more…
Monthly mortgage payments for first-time buyers in the UK reached their most affordable level for almost eight years in October, new research has shown. Carried out by the Council of Mortgage Lenders (CML), the study revealed the movement has been Read more…
Mortgage holders struggling to keep up with repayments in the current economic climate could be affected by a review of how a government scheme could be improved. Ben Wilkie, editor at What Mortgage, claimed the principles behind the Support for Read more…
More mortgages may be sought in London after an affordable housing scheme was unveiled. A four-year agreement has been reached between the Homes and Communities Agency (HCA) and Sanctuary Group that will see 467 properties constructed in the capital. Overall, Read more…
There will be more people taking out buy-to-let mortgages in the near future. David Whittaker, managing director at Mortgages for Business, thinks this option will make up a “higher proportion” of the overall market. He noted this change has been Read more…
House prices are going to fall in the next three years, one expert has claimed, news that could see people consider taking out mortgages. Paul Holmes, chief executive officer of Firstrung, believes that over the next 36 months there will Read more…
Homeowners considering taking out a new mortgage in December may find themselves paying more than they would have last month as companies continue to increase rates. Lenders are beginning to up the prices on new products despite claims from George Read more…
Significant mortgage value increases are likely to have been seen across homes in the UK that were built prior to the First World War. New research from Halifax – through its Property Age Review – has found such houses have Read more…