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
July 16th, 2013
While fielding questions at the Royal Institute of Chartered Surveyors annual residential conference, housing minister Mark Prisk stated that the Government has not yet set a timescale to reform the stamp duty process. Pri... Read More
July 11th, 2013
It has recently emerged that an increasing number of contractors are being ‘bullied’ by building developers, who are pressurising borrowers into using the services of their preferred mortgage broker.
Exp... Read More
July 3rd, 2013
The Bank of England has again decided to hold the base rate and any further quantitative easing, as they welcome the arrival of new Governor Mark Carney before making any wholesale changes. It was highly unlikely that the ... Read More
June 19th, 2013
Increased interest in the mortgaging sector over recent weeks is beginning to push surveying firms to vastly increase their timescales to complete property valuations. While the sharp rise seen in the purchasing side of th... Read More
June 12th, 2013
Promising signs that the property market is improving month on month have continued to pick-up pace, with a RICS residential market survey showing that sales have reached the highest point for three and a half years. Altho... Read More
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