News

December 4th, 2013

Since the Bank of England confirmed last week that a full scale withdrawal of the Funding for Lending scheme for mortgage funding was to take place, speculation has been rife as to whether lenders would take this opportuni... Read More

November 28th, 2013

When asked this week whether the Bank of England could step in to end the divisive Help to Buy scheme in the event of it creating instability in the UK financial market, it has been made clear that the last word on the iss... Read More

November 27th, 2013

The Governor of the Bank of England has urged lenders to continue their stringent underwriting of mortgage applications in order to avoid another property bubble.

Mark Carney stated “it is important that under... Read More

November 21st, 2013

It has emerged this week that some lenders are looking to hike interest rates for existing mortgage borrowers, even prior to any potential increase in the Bank of England base rate. The news becomes even more worrying give... Read More

November 14th, 2013

Figures released this week by leading mortgage-lender Halifax have revealed that UK property prices rose by nearly 7% in the first three-quarters of the year, amid healthy interest in both phases of the government-backed &... Read More

November 7th, 2013

The Bank of England have again retained the base rate at 0.5%, but financial news this week does beg the question: for how much longer?

Markit Economics, an independent, global provider of some of the world’s ... Read More

November 5th, 2013

The Confederation of British Industry has raised calls for the UK to remain part of the European Union, with claims that an estimated gross domestic product of 4-5 per cent per year that is provided by its membership could... Read More

November 1st, 2013

The UK’s capital city may pose ample opportunities for contract work, but the prospect of getting on to London’s property ladder appears to be diminishing at a pace after reports that house prices in the area rose by 1... Read More

October 29th, 2013

An investigation by Channel 4’s ‘Dispatches’ programme has uncovered some unsettling practices allegedly used by some of the biggest UK Estate Agent chains.

Agents from Countrywide and the Connells... Read More

October 24th, 2013

Mortgage lending continues to gather pace this year, based upon information released by lenders this week, with more ominous news from the Bank of England following a few days later. Contractors may be left a little confus... Read More