Figures that were recently released by the Council of Mortgage Lenders have shown that there was a month on month increase in mortgage lending for the month of October, with mortgage lending for the month rising by around 5 percent compared to September. (more…)
Tags: Subprime crisis impact timeline, economist, mortgage, interest rates, Danish mortgage market, bank of englandConsumers are being warned that they should avoid switching their mortgage loans without first checking the fees that they will be charged for the privilege. (more…)
Tags: mortgage, Banking, banking fees, banking charges, mortgage charges, mortgage feesThe Rent to Home-buy scheme that was launched by the government in the hope of enabling more people to get onto the property ladder has been deemed unsuccessful. (more…)
Tags: Property law, mortgage, Real property law, Labour Government, Conservative PartyFigures that have recently been released by a mortgage group have suggested that a rising number of landlords are adding to their property portfolios by obtaining buy to let mortgages. (more…)
Tags: buy to let, mortgage, Landlord, council of mortgage lenders, Paragon, mortgage group, real estateSince property prices reached their peak in the UK in October of 2007 the value of homes in the nation have plunged, with many homeowners seeing tens of thousands of pounds being wiped off the value of their homes. (more…)
Tags: Bloomberg L.P., mortgage, Valuation, Capital Economics, real estateIn the past many people with their own homes were reliant on the equity in their properties to provide them with financial stability in the future. (more…)
Tags: mortgage, Renting, Foreclosure rescue scheme, Subprime mortgage crisis, real estateConditions within the mortgage sector have changed dramatically since the onset of the global credit crunch, with popular mortgages such as 100 percent mortgages and even 95 percent mortgages disappearing from the shelves and being replaced with high deposit mortgages. (more…)
Tags: self cert mortgages, Offset mortgage, last remaining mortgage lender, The Platform Company, mortgageBritain’s largest building society, Nationwide, decided earlier this month to increase its interest rates on standard variable rate mortgages, which has sparked fears that other lenders will follow suit. (more…)
Tags: mortgage, natoionwide mortgages, bank of englandHaving the right mortgage is very important to most of us, as a mortgage is one of the most important, long term financial commitments that we are ever likely to make. Mortgages in the UK are typically taken out over a long period of time, such as twenty five years, and sometimes even longer, and it is inevitable that for many people their needs and circumstances will change over this long period of time. (more…)
Tags: equity, mortgage, remortgageTwenty five years is the average period of a mortgage… Twenty five years is a long time! The dream of many people is to pay off their mortgage early. Can it be done? (more…)
Tags: mortgage, pay off mortgage