A new mortgage indemnity scheme introduced by the Conservative-Liberal Democrat coalition has the capacity to spur on the government’s agenda for growth, it has been claimed. The Council of Mortgage Lenders noted that although the details of the initiative have Read more…

Mortgage lending by building societies and other mutuals increased across October, it has been revealed. New figures from the Building Societies Association (BSA) showed this amount reached £2.3 billion for the month, suggesting such organisations are continuing to lend support Read more…

The values of mortgages in the UK are likely to have crept up across November, judging by newly-released statistics. According to the latest Nationwide House Price Index, the cost of dwellings rose by 0.4 per cent throughout the month, with Read more…

It can be beneficial for people to overpay their mortgage, new research has suggested. According to a study carried out by First Direct, UK homeowners who pay an additional £300 a month on their home loan, rather than saving it Read more…

Homeowners should only consider the option of remortgaging when the rate is excellent compared with their current product. This is the suggestion of Tim Lambert, head of investment property at Parallel Investment Management, who noted that while the choice is Read more…

The government’s attempt to guarantee up to 100,000 new mortgages at up to 95 per cent loan-to-value for new build properties throughout England has been described as a whitewash. Paul Holmes, chief executive officer at Firstrung, noted the best way Read more…

An independent estate agency group has beaten the competition to collect a prestigious mortgage accolade. Spicerhaart was named Mortgage Firm of the Year at the Sesame Adviser Awards 2011, which were held as part of the Sesame Symposium at the Read more…

A greater number of mortgage lenders are coming up with products targeted at those interested in rental properties . This is according to Gavin Elley, relationship manager at Mortgages for Business, who spoke about the issue at the Landlord and Read more…

The mortgage market has remained largely unchanged during recent weeks, according to data from the Council of Mortgage Lenders (CML). Statistics revealed gross mortgage lending stood at approximately £13.1 billion in October, which was a four per cent drop on Read more…

The value of mortgages in Scotland continues to climb, new research has indicated. According to a study carried out by LSL Property Services, September saw house prices north of the border increase for the third month running. The investigation revealed Read more…