News

September 5th, 2013

Encouraging news for contractors looking to purchase their first property in London emerged this week. It seems that despite both house prices and average deposit sizes continuing to rise, the number of successful first ti... Read More

September 4th, 2013

The Bank of England has announced that the base rate is to remain at 0.5% for a record 54th consecutive month. The decision comes following heightened demand for property as buyers hurry to invest in the housing market bef... Read More

August 28th, 2013

During his speech to an audience of business leaders in Nottingham on Wednesday, the Bank of England governor Mark Carney made it starkly clear that he would not baulk from taking steps to prevent further financial disaste... Read More

August 19th, 2013

As house prices rise, mortgage availability increases and rates drop to historical lows, the market is beginning to look healthy for home buyers. However, borrowers are advised to take extra caution as many lenders are par... Read More

August 12th, 2013

The Royal Institute of Chartered Surveyors (RICS) has announced that the UK property market has shown the largest national increase since before the recession. It appears that Government initiatives to give the housing mar... Read More

August 7th, 2013

Contractors are expected to enjoy low interest rates for another 3 years, as Bank of England newcomer Mark Carney has promised that the base rate will remain stagnant until unemployment levels reduce to a provisional targe... Read More

August 6th, 2013

Halifax’s latest house price index has revealed that property prices have risen at the highest rate for three years over the second quarter of 2013. It is estimated that the average price from May to July was £... Read More

July 31st, 2013

The Bank of England has again decided to keep the base rate at 0.5%, as they continue to see the impact of earlier government initiatives to kick-start the UK housing market.

Contractors with low deposits have been ... Read More

July 25th, 2013

A sudden increase in swap rates over the past week has increased market fears that the steady decrease in mortgage interest rates over the past 12 months could be coming to an end. Swap rates are utilised by lenders to gau... Read More

July 24th, 2013

Following previous rate reductions earlier this year, contractor friendly mortgage lender Virgin Money has announced further rate cuts across their residential and buy-to-let product ranges. The newly reduced product range... Read More