July 21, 2011
A new high loan to value (LTV) mortgage has now been launched by Clydesdale. Targeted at first time buyers, it has been dubbed the ‘mates mortgage’.
Last Thursday, Clydesdale launched a new Read more
July 15, 2011
When the British Mortgage Awards were held two weeks ago, Countrywide was proud to take away two of the much coveted awards.
In their sixth year now, the Read more
March 27, 2011
New research indicates that mortgage advisors believe a rising inflation and an interest rate increase will invigorate the remortgage market within the next quarter.
According to a survey conducted by The Mortgage Alliance, over 75% of Read more
March 24, 2011
The first time buyer market was included in a number of points in yesterday’s 2011 Budget in an effort to improve the first time buyer’s opportunity to get a foot on the housing ladder.
Chancellor of the Exchequer George Osborne started by saying a new shared equity scheme worth £250 million is to be set up. Named First Buy, the scheme will allow Read more
March 21, 2011
Barclays urges homeowners to make overpayments on their mortgage as its new study reveals only 10 percent are taking full advantage of the record low base interest rates.
The Barclays study, which surveyed 1000 borrowers, shows Read more
March 18, 2011
Cheltenham & Gloucester, the mortgage providing brand owned by Lloyds, is set to halt its intermediary business on the 31st March.
However, it has been stressed that the C&G brand will stay open to customers applying directly.
The announcement, delivered today, will not affect Read more
March 15, 2011
With the return of Stonehaven to the equity release sector last week, it could be that the equity release market could be set to see a revival in 2011.
Stonehaven is one lender that withdrew Read more
March 12, 2011
More than 20 percent of those over 55 years old are still paying off a mortgage worth on average £65,107 according to recent figures.
The report from Aviva revealed approximately 21 percent of those aged over-55 still have to make monthly mortgage repayments.
Those over the age of 75 have Read more
March 9, 2011
As the Bank of England’s Monetary Policy Committee prepares to meet next week, mortgage lenders and borrowers like are facing the very real issue that the base interest rate may well rise in just a matter of days.
After almost two years of historically low interest rates, the only Read more
March 6, 2011
Since 2008, first time buyers have had it tough. With lenders afraid of borrowers who were defaulting and properties falling into negative equity, the reins have been significantly tightened.
Demanding deposits to the value of Read more