News

April 10th, 2014

The Bank of England has held the base rate at 0.5% this lunchtime, as the mortgage industry in the UK approaches the most fundamental changes since the onset of the credit crisis in late 2007. This is on the back of revise... Read More

April 9th, 2014

As the Mortgage Market Review D-Day of 26th April rapidly approaches, there has been a swell of demand for fixed rates in a mortgage market bracing itself for the stormy winds of change.

As lenders become increasin... Read More

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