News

April 1st, 2014

The long awaited publication of the Financial Conduct Authority’s Mortgage Market Review takes place today, with the focus squarely on all lenders to refine and improve the processes used to assess the feasibility of... Read More

March 27th, 2014

An unexpected drop that has taken the rate of inflation to the lowest level inside four years to 1.7 per cent has opened the door for the Bank of England to further delay a raise to the bank base rate. While interest rates... Read More

March 25th, 2014

Startling research recently by mortgage administration company HML has revealed that half a million UK home owners are living in properties that are worth less than the outstanding mortgage.

Northern Ireland fares w... Read More

March 20th, 2014

Chancellor George Osborne caused momentary panic yesterday, when unveiling his 2014 budget plan.

Under the new proposals, any residential property being purchased through a company for more than £500,000 will attra... Read More

March 18th, 2014

Data pooled from the property search website Zoopla shows that over the past two years many sellers have been forced to reduce the value of their homes, in order to make the sale that allows them to make a move to their ne... Read More

March 13th, 2014

New research commissioned by the Intermediary Mortgage Lenders Association shows that lenders and brokers alike believe that the rapid artificial inflation of house prices should increase calls for the Help to Buy scheme t... Read More

March 12th, 2014

Charlie Bean, the outgoing Deputy Governor, has suggested this week that it should be a cause for ‘celebration’ when the Bank of England finally increases interest rates, after five years at 0.5%.

Bean said that... Read More

March 6th, 2014

The Bank of England has this afternoon held the underlying rate of interest in the UK at 0.5%. They have also held back on any further economic stimulus, as they watch the housing and mortgage markets gather pace.

A... Read More

March 6th, 2014

Contractors will face increasingly intrusive questions around their personal spending from lenders if they apply for a mortgage. Strict new mortgage rules around affordability assessment for borrowers come into force on 26... Read More

March 4th, 2014

Halifax Bank have announced the return of a stamp duty paid incentive for first time buyers on selected interest rates, which has sparked a wave of interest for many looking to make the initial move onto the property ladde... Read More