November 12th, 2014
The number of remortgage loans continued to fall last month, according to official figures released today by the Council of Mortgage Lenders.
The findings reveal a total of 28,300 remortgage loans were advanced in S... Read More
November 11th, 2014
The property company Savills confirmed last week that expectations for property value growth for 2015 will usher in a period of stagnation for the capital, but it is believed that the rest of the UK will see wholesale incr... Read More
November 5th, 2014
The Bank of England Base Rate has today been held again at 0.5%, as the countdown continues towards a likely increase in early 2015.
The Bank’s Monetary Policy Committee (MPC) has voted to hold the rate again ... Read More
November 4th, 2014
The UK housing market is continuing to lose momentum, according to the latest House Price Index conducted by Nationwide Building Society.
October’s survey shows a reduction in housing price growth from Sep... Read More
October 30th, 2014
Figures released this week by the Bank of England show mortgage approvals have fallen by a staggering 12.3% year-on-year, in the first indicator of market position since April’s Mortgage Market Review (MMR).
... Read MoreOctober 29th, 2014
Nationwide will today be launching a selection of 10 year fixed rate options, in answer to demand for longer term interest rates. The recent spate of interest rate reductions has vastly reduced the margins offered by many ... Read More
October 23rd, 2014
During a session in the House of Lords this week, the deputy chief whip, Lord Dick Newby, called for the FCA to focus on UK mortgage lenders approach towards older borrowers. The Liberal Democrat peer said that lenders are... Read More
October 21st, 2014
HSBC have announced this week their lowest priced mortgage product ever, amid the beginning of a rate war amongst mortgage giants.
The product, a discounted rate from HSBC’s Standard Variable Rate (SVR), i... Read More
October 16th, 2014
Fears of an increase in the Bank of England Base Rate are becoming more immediate, following figures released by the Office of National Statistics this week, showing unemployment at a 6-year low.
The figures, releas... Read More
October 15th, 2014
Mortgage lenders have recently ramped up efforts to meet annual lending targets by reducing interest rates below 2%, for the first time since the release of the Financial Conducts Authority’s Mortgage Market ReviewRead More
