There has never been a better time to start shopping around for the most affordable mortgage deal with the new lower interest rates announced by the Bank of England. (more…)
Archive for February, 2009
Take Advantage of the Cheaper Mortgage Deals
Saturday, February 28th, 2009
Increasing Numbers of Home Repossessions
Saturday, February 28th, 2009With the downturn in the economy that has thrown markets all over the world into a slump in recent months, the number of homes being repossessed by lenders is increasing at a rapid pace. (more…)
Fall in house prices but increase in lending
Saturday, February 28th, 2009Recent figures have shown that property prices fell for a sixteenth month in a row in January.
House prices have been plummeting for the last year and a half, with homeowners seeing thousands of pounds worth of equity being wiped of the value of their homes. (more…)
Can Zopa help consumers to get better deals on loans?
Wednesday, February 11th, 2009According to a recent report some consumers are finding that in the current difficult financial climate they are able to access loans at better rates from a loans website, Zopa.com, which is aimed at matching borrowers up with appropriate lenders based on their needs and circumstances. (more…)
Those with fixed rate mortgage may be losing out
Tuesday, February 10th, 2009A recent report has highlighted how many British homeowners that have fixed rate mortgage deals in place may be missing out financially because of the cut in interest rates over recent months. (more…)
Benefits of overpaying mortgage highlighted
Monday, February 9th, 2009Industry officials have recently highlighted the benefits of overpaying on a mortgage loan, as the practice of paying more than is necessary on a mortgage loan becomes more popular. (more…)
92% increase in home repossessions in one year
Sunday, February 8th, 2009During the third quarter of last year the number of people that were losing their homes nearly doubled, according to recent reports. (more…)
30 percent fall in mortgages in 2008
Saturday, February 7th, 2009According to officials from the Council of Mortgage Lenders, mortgage lending over the course of last year fell by around 30 percent, taking it to its lowest levels since around 2002. (more…)
15.9 percent fall in house prices last year
Friday, February 6th, 2009According to recently released figures 2008 saw house prices in the UK fall by 15.9 percent. The figures come from a survey from the Nationwide Building Society. (more…)