News

February 10th, 2014

There was further positive news for Contractors this week, after it was revealed that the average age of Contractor homebuyers is nearly five years younger than the national average.

Research conducted by Contractor... Read More

February 6th, 2014

The Bank of England has again held the base rate at the record low of 0.5%, amid ominous news from economic forecasters about how long this can be sustained. Mortgage lenders who support contractors with competitive High S... Read More

February 4th, 2014

The positive news across the housing sector has continued unabated in recent weeks, and the buoyant mood appears set to continue as new figures from the National House Building Council show that the level of new properties... Read More

January 30th, 2014

There was further welcome news for Contractors recently, when it was announced that Kensington Mortgages would be entering the Contractor Mortgage market.

Exact details on their full criteria are yet to be establish... Read More

January 28th, 2014

The Confederation of British Industry has today released a report proclaiming that the UK economy is growing faster than at any other point since the onset of the financial crisis in 2008. The figures were derived from the... Read More

January 23rd, 2014

When Mark Carney revealed his plans last August to keep interest rates at 0.5 per cent, until the UK unemployment rate dropped to 7%, he would not have expected to make a decision on the matter for at least another 12 mont... Read More

January 22nd, 2014

Industry figures from the Council of Mortgage Lenders (CML) revealed that borrowing in December was up by a substantial 49% in comparison to the previous year, amongst reports of a surge in demand for fixed rate mortgage p... Read More

January 22nd, 2014

In a welcome statement this week, the International Monetary Fund has upgraded their prediction for the UK’s growth in 2014 to 2.4%.

The move sees an increase from the original prediction of 1.9%, making the i... Read More

January 16th, 2014

The number of houses sold in the last quarter has now matched levels last seen in 2008, according to a survey conducted by the Royal Institute of Chartered Surveyors (RICS). The amount of property transactions per chartere... Read More

January 14th, 2014

Natwest Bank has this week extended their Help to Buy proposition to allow business transactions from the intermediary market. Although the bank were the first to announce their support for the second phase of the scheme i... Read More