June 16th, 2015
When first released at the back end of 2013, the initial phase of the governments Help to Buy scheme for newly built property was met with a mix of praise and scepticism in equal measure. While many experts within the mort... Read More
June 11th, 2015
During his annual Mansion House speech to an assembly of top city bankers, the Chancellor George Osborne confirmed the government’s plan to sell the Royal Bank of Scotland. The bank was saved by the previous Labour gover... Read More
June 9th, 2015
Banking giant HSBC has this week announced that it will be cutting nearly 20% of its UK workforce, as part of a major overhaul.
HSBC, the biggest bank in Europe, is thought to be cutting around 25,000 jobs globally,... Read More
June 4th, 2015
The Bank of England’s Monetary Policy Committee has today held the Base Rate at 0.5%, for the second time since the general election.
Whilst few suspected an increase in rate this month, it has been on the cards f... Read More
June 3rd, 2015
Reports that mortgage lenders have continued to slash mortgage interest rates, have so far been met with the view that the level of mortgage approvals has not yet reached the level that lenders would expect to follow such ... Read More
May 28th, 2015
Mortgage lending across the whole of the market has been steady since the turn of the year, but has not yet reached the levels expected by economists for the initial months of 2015. Estimates revealed by the Council of Mor... Read More
May 28th, 2015
The UK could be on the verge of the first ever sub-1% fixed rate, after the recent introduction of a market-leading 1.07% rate, fixed for two years, from Yorkshire Bank.
Many market commentators have been taken abac... Read More
May 21st, 2015
Many mortgage customers have been left in limbo this month, as the UK rate of inflation has dropped below 0%.
Whilst this is good news for consumers able to take advantage of the falling price of oil at the nation... Read More
May 19th, 2015
The online estate agency, Rightmove, has completed research this week that states a modest reduction in values from April to May. The average value of a property in the UK in April was listed as £286,133, and marginally d... Read More
May 14th, 2015
The Bank of England released its quarterly report yesterday, which revealed confirmation of a shift in expectations for economic growth in 2015. In February, the Monetary Policy Committee had predicted growth to be 2.9%, b... Read More
