The first-time buyer (FTB) stamp duty concession should be reprieved to encourage more people to take out mortgages, one body has stated. According to the Council of Mortgage Lenders (CML), the policy – which is due to end in March Read more…

First-time buyers (FTBs) in the UK are becoming increasingly desperate in their attempts to access a mortgage and raise a deposit for a home . This is according to new research from Santander Mortgages, which has shown 28 per cent Read more…

The reintroduction of a mortgage indemnity guarantee scheme could prove beneficial for first-time buyers (FTBs) eager to get their foot on the property ladder. This is according to Andy Pratt, chief operating officer at Alexander Hall – a mortgage broker Read more…

The value of mortgages for properties in market towns is on the increase, new figures have shown. According to research from Lloyds TSB, the average house price in such locations throughout England escalated from £114,718 in 2001 to £233,416 ten Read more…

People borrowing higher loan-to-value (LTV) mortgages are typically being charged one to two per cent higher rates of interest, it has been found. According to independent financial research company Defaqto, these individuals are paying considerably more than those with agreements Read more…

The Co-operative Bank has announced it is to reduce rates on its five-year fixed mortgages by up to 90 basis points, or 0.9 per cent. In addition, the lender revealed it is to scrap the £999 arrangement fee on its Read more…

Coventry Building Society has announced it is extending its range of residential and buy to let mortgages with the release of a number of two and three-year products. The home loans have been unveiled today (November 9th) and many of Read more…

Couples in the UK are delaying getting a mortgage because they have to make a choice between buying a home and having children, new research has shown. Carried out by Churchill Home Insuranc, the study revealed financial worries are making Read more…

A high number of homeowners in the UK have never changed their mortgage, new research has shown. Carried out by Barclays, the study revealed many people are failing to identify that altering their home loan options could help them reduce Read more…

The mortgage market in the UK would benefit from a joined-up approach between market forces and the government. This is the view of Paul Smee, director general of the Council of Mortgage Lenders (CML), who suggested this method could help Read more…