Moving Home is costing more, reports North London Mortgage Brokers Friday, 3rd February 2012

Rising from £5,290 in 2001 to £8,922 last year, the total cost of moving home has increased by 69% in the last decade,. That outstrips the 64% rise in average house prices over ... read more

Mortgage Fees Up Thursday, 26th January 2012

Moneyfacts has found that mortgage fees have risen by 68.5% over the last 12 months despite interest rates at a historic low of 0.50%. Whilst the fees on 90% and 95% loans ha... read more

House price rise expected, reports London Mortgage Advice Thursday, 12th January 2012

Homeowners surveyed by Zoopla said they expected house prices to rise over the following quarter.In October, this was 59%. Down from 2.7% predicted over the past three months.... read more

Mortgages still low Thursday, 5th January 2012

According to the Bank of England mortgage approvals are still less than half the level recorded in the run up to the banking crisis in 2007. Further more house lending rose by £... read more

Buying cost less than renting reports North London Mortgages Broker Wednesday, 14th December 2011

According to the latest statistics from property website Zoopla.co.uk, buying now is more attractive than renting in 47 of the 50 largest towns across the country. This has been... read more

Mortgages becoming more affordable for first time buyers, reports London Mortgage Brokers Friday, 9th December 2011

According to the CML and as low interest rates continue to persist, monthly mortgage payments for first-time buyers are at their most affordable level for nearly eight years. Wi... read more

First time buyers stimulating the market Wednesday, 7th December 2011

According to the latest housing market activity report by Connells, first-time buyer demand drove a monthly increase in mortgage market activity in November. Following a slight ... read more

Sharia buy to let mortgage plan announced Friday, 2nd December 2011

The launch of a Sharia compliant Buy to Let Purchase Plan (BTLPP). has been announced by Islamic Bank of Britain (IBB However is can be said that Landlords of any faith can acce... read more

Government Mortgage Indemnity Guarantee announced Tuesday, 29th November 2011

To boost the hopes of first time buyers the Government's has announced in its autumn statement that the maximum liability the government will face as a result of the new build mort... read more

Big Fall In First Time Buyers Friday, 25th November 2011

A report form the National Association of Estate Agents(NAEA) show that the number of sales to to this category fell to its lowest level in nearly three years last month. The N... read more

Increase in Mortgage products, reports North London Mortgages Broker, London Mortgage Advice Wednesday, 16th November 2011

Although lending volumes are still low and affordability is still a big worry, when compared to pre credit crunch times, the number of mortgage products has hit a new high. At ... read more

Euro turmoil could push up mortgage rates, reports London Mortgage Adivce Tuesday, 15th November 2011

Brokers are warning that mortgage rates could start to rise again as a result of the turmoil in the eurozone. Rates for new borrowers have been push up by Woolwich, Halifax and... read more

First time movers could be stuck, reports London Mortgage Advice, North London Mortgage Broker Monday, 14th November 2011

HSBC research has relealed that first time movers who amount to approx 360,000 mortgages who bought property in 2007 would need around £27,000 to trade up the property ladder. ... read more

Intermediary mortgage products increase, reports North London Mortgages Broker Friday, 11th November 2011

The number of residential mortgages available grew to 2,784 in October, up 10% on August's figure, research from Precise Mortgages reveals showing that there are more mortgages ava... read more

Nonbank mortgage approvals up in September, reports London Mortgages brokers, London Mortgage Advice Wednesday, 9th November 2011

Up by over a third compared with September 2010, according to the Building Society Association (BSA), Mortgage approvals made by building societies and other mutual lenders experi... read more

Mortgage Market to improve with lower inflation, reports London Mortgage Advice Tuesday, 8th November 2011

Lower inflation next year should both give a stimulus to the mortgage market, Deputy governor for Monetary Policy at the Bank of England Charlie Bean has said. This will help... read more

Mortgages without life insurance, from London Mortgage Brokers, London Mortgage Advice Thursday, 3rd November 2011

New research shows, nearly seven millions Brits have mortgages that are not covered by life insurance, equating to an unprotected value of around £245 billion. According to rese... read more

Woolwich increases buy to let to 75%, reports London Mortgage Advice Wednesday, 2nd November 2011

From 3rd November, Barclays, through its mortgage arm Woolwich, is extending its range of buy to let mortgages to 75% loan to value (LTV) Increased from 60% LTV, the 75% LTV ran... read more

Mortgage lending still very quiet, reports London Mortgage Advice. Monday, 31st October 2011

According to the latest figures from the Council of Mortgage Lenders (CML), Mortgage lending is still subdued. Up 4% on September last year, total lending stood at £12.9bn in Se... read more

Mortgage Arrears round up, from London Morgage Broker, London Mortgage Advice. Wednesday, 26th October 2011

According to the council of mortgage lenders (CML), almost 200,000 home owners are significantly behind on their mortgage payments, Of these £200,000 home owners with mortgages ... read more

Mortgage lending is up, reports London Mortgages Brokers Tuesday, 25th October 2011

According to the latest figures, up 7% on the same period of 2010 and £0.1bn ahead of August’s total, high street banks recorded £8.4bn of gross mortgage lending in September, as b... read more

Borrower waiting before fixing reports London Mortgage Advice, North London Mortgage Broker Friday, 21st October 2011

According to the Council of Mortgage Lenders there are 1.8m mortgage holders whose fixed rate deals have come to an end and who are paying on average £2,600 a year less on their le... read more

Mortgages look more attractive as rents in London soar, reports london mortgage broker Thursday, 20th October 2011

According to research by FindaProperty.com, for those in rented accommodation the cost of renting private property now accounts for almost half of the average British family's take... read more

Tough for first time buyers, reports London Mortgages Brokers, London Mortgage Advice Wednesday, 19th October 2011

According to e.surv Chartered Surveyors,the number of first-time buyers in September was at it lowest level since November 2010. As lending conditions tightened and lenders targete... read more

The benefits of brokers, from London Mortgage Broker, London Mortgage Advice. Tuesday, 18th October 2011

Brokers look beyond the headline rate and take into account loan to value and the fees attached. Brokers understand there’s much more to mortgages than just headline rates. T... read more

Mortgage owners urged to fix now, reports London Mortgages Broker, London Morgage Advice Thursday, 13th October 2011

Fix your rate now to get the best deals. thats what mortgage holders are being advised who want one a cheap mortgage deal on offer at the moment before they disappear, to be replac... read more

Remortgaging up, reports Londons Mortgages Brokers, London Mortgage Advice Tuesday, 11th October 2011

Remortgages were more than 30% higher than August 2010 in both value and voulme, with 34,100 loans taken out (worth £4.2 billion), There were 52,000 loans advanced (worth £7.9 ... read more

Mortgage Products show further increases, reports London Mortgage Broker, London Mortgage Advice Friday, 7th October 2011

According to Mortgage Brain.The number of mortgage products increased for the tenth consecutive month in September, up by more than 500 for intermediaries to a 41-month high of 14,... read more

Mortgage rate on 90% deals come down, reports Fee Free Mortgage Broker, London Mortgage Advice Thursday, 6th October 2011

According to Moneyfacts, the average interest rate for a 90% LTV two-year fixed rate deal has dropped to its lowest level since January 2008, at 5.39%. As lenders have begun to... read more

Standard Variable Rates preferred, reports London Mortgage Brokers, London Mortgage Advice Tuesday, 4th October 2011

According to Unbiased.co.uk, standard variable rate (SVR) mortgages are still the preferred option among homeowners. Rather than remortgage to a fixed rate, the professional ad... read more

Mortgages from building societies increase, reports north London mortgages brokers, london mortgage Thursday, 29th September 2011

A rise of 10% on July and up 17% on August 2010, mortgage lending by mutuals continued to strengthen in August with £2.1 billion of mortgages approved. Gross lending is at it... read more

August Mortgage Lending Up, reports London Mortgage Broker, London Mortgage Advice Monday, 26th September 2011

Although seasonal factors were key to the rise, lenders have said, UK mortgage lending rose by 6% in August compared with July. The Council of Mortgage Lenders (CML) said that ... read more

10% Increase in gross mortgage lending reports North London Mortgage Brokers, London Mortgage Advice Wednesday, 21st September 2011

According to the Council of Mortgage Lenders (CML),gross mortgage lending up 10% on year Gross mortgage lending reached an estimated £13.4bn in August, a 10% rise from £12.1bn in ... read more

Mortgage Broker Benefits. London Mortgage Advice Tuesday, 13th September 2011

The FSA recently released figures claiming there has been a decline in the proportion of mortgages sold through intermediaries since Q2 2010. In specialist sectors, the interme... read more

Mortgage lending up, reports London Mortgage Advice, North London Mortgages Brokers Monday, 12th September 2011

According to data released today by the Council of Mortgage Lenders, overall lending for house purchase rose by both volume and value in July compared to the previous month, B... read more

Increase in mortgage lending, reports London Mortgage Broker, London Mortgage Advice Tuesday, 6th September 2011

According to the latest figures from the Bank of England, mortgage lending to house buyers is starting to pick up. Approved, but not yet lent, to house buyers, in July, a furthe... read more

Mortgage Review. London Mortgage Advice, London N5 Mortgages Brokers Thursday, 18th August 2011

As the threat of an imminent interest rate rise eased,July saw a 10% fall in fixed rate mortgage applications compared to June It has come about that the popularity of fixed... read more

INCREASE IN FIRST TIME BUYER MORTGAGES, REPORTS LONDON MORTGAGE ADVICE Friday, 12th August 2011

With new home owners paying out an average deposit of 20%, the number of first-time buyers getting onto the housing ladder jumped 24% year-on-year in June, according to the Council... read more

Coventry Mortgages Increase Friday, 5th August 2011

Placing the "vast majority though brokers." Coventry, the UK's third largest building society lent £1.9bn in gross mortgage advances in H1, or 3% of all UK loans and 19% of all l... read more

Increase in mortgage lending, reports North London Mortgage Broker, London Mortgage Advice Wednesday, 27th July 2011

As the number of sales agreed increased so the number of people selling their home rose in June to its highest level in more than two years. This is the highest figure since Ap... read more

Mortgage instead of wedding, reports London's Mortgages Broker, London Mortgage Advice Tuesday, 26th July 2011

Glasgow Credit Union has found that an increasing number of couples are choosing to of a wedding. 56% of couples would choose saving for a home over their dream wedding, as sa... read more

Mortgages face a bumpy road, reports London Mortgages Brokers, London Mortgage Advice Thursday, 21st July 2011

According to the Association of Mortgage Intermediaries the mortgage road ahead is bumpy despite a more stable mortgage market.e In its latest Quarterly Economic Bulletin looki... read more

Lender's mortgage activilty increases, reports London Mortgage brokers, London Mortgage Advice Monday, 18th July 2011

Mortgage activity has increased so much lately that nearly 9,000 mortgage products have been launched or updated in the last three months, report Defaqto. 8,968 mortgages were ... read more

Mortgage approvals up in June, reports London Mortgages Advisors, London Mortgage Advice Friday, 15th July 2011

According to a new report by one of the country's leading surveying firms, Mortgage approvals surged in June. However, says Esurv, the underlying picture, is mortgage market gr... read more

Base Rate stays at 0.5% reports North London Mortgages Brokers, London Mortgage Advice Ltd Friday, 8th July 2011

The Bank of England Monetary Policy Committee voted to keep the base rate at at the historically low level of 0.5%. The last change in bank rate was a reduction of from 1.0% to 0.... read more

First Time Buyer Mortgage Advice increase, London Mortgage Advice, North London Mortgages Brokers Thursday, 7th July 2011

According to unbiased.co.uk,the demand for advice from first-time buyers has hit the highest levels seen since April 2010. Up from 36% for the same period last year, its figure... read more

Mortgage products increasing, reports North London Mortgages Brokers, London Mortgage Advice Ltd Wednesday, 6th July 2011

Figures show that the number of different mortgage products available in the UK market has risen to the highest level since November 2008. According to Moneyfacts the increased ... read more

Better outlook for buy to let mortgages, reports North London Mortgages Brokers, London Mortgage Adv Tuesday, 5th July 2011

According to CHL Mortgages, landlords are more positive about the buy-to-let sector than they were a year ago., Slightly up on twelve months ago when the result was 64%, its ... read more

Mortgage holders still reducing debt, reports London Mortgage Advice Monday, 4th July 2011

According to the Bank of England, mortgage borrowers continued to pump money back into their homes in the first quarter of 2011, despite a marked slow down on the previous quarter.... read more

Mortgage Market still slow, reports London Mortgages Brokers, London Mortgage Advice Friday, 1st July 2011

Figures from the Bank of England suggest that the UK property market is set to remain subdued in the coming months, with new mortgage approvals for house purchase, but not yet le... read more

Mortgage increase, reports North London Mortgages Brokers, London Mortgage Advice Ltd Wednesday, 29th June 2011

According to Hometrack, homebuyer numbers rose by 11% in June. Sales will carry on increasing this summer, if predicts. Thanks to house prices which it reports are down 3.9% over t... read more

Mortgage Variable Rate Woe, ffom North London Mortgages Brokers, London Mortgage Advice Wednesday, 22nd June 2011

According to Which? Money, ninety five per cent of lenders failed to fully pass on cuts in the base interest rate to their Standard Variable Rate mortgage customers and the consume... read more

Fixed rate mortgages at low levels, reports London Mortgages Brokers Monday, 20th June 2011

According to Moneyfacts,Short-to-medium term fixed rate deals have hit their lowest ever level With three year rates at the lowest on record at 4.95%. The average two-year fixed r... read more

Mortgage hopes raised, reports North London Mortgages Brokers London Mortgage Advice Thursday, 16th June 2011

"There appears to be a little less negativity in consumers' opinions on the housing market, but it remains to be seen whether this is just a blip or the start of a trend. People ar... read more

The Mortgage Works, new range with London Mortgage Advice Tuesday, 14th June 2011

New borrowers taking their first mortgage could be interested in a range of deals from The Mortgage Works (TMW). Along with alterations to a number of residential mortgage rates... read more

Fixed rate mortgages down, reports Mortgage Brokers, London Mortgage Advice Monday, 13th June 2011

According to financial information group Moneyfacts, the average rate on a two year fixed rate mortgage is now 4.41% compared with 4.5% in May. This is the lowest level seen since ... read more

First Time Buyer Mortgages increase reports London Mortgage Advice, Mortgages Brokers Thursday, 9th June 2011

According to a report by Moneyfacts.co.uk, the number of mortgage products available to first-time buyers has almost trebled since June 2009. Compared to just 62 in June 2009, t... read more

Improving mortgage conditions, reports London Mortgage Advice Wednesday, 8th June 2011

Despite the uncertainty facing the UK's economic recovery mortgage lending conditions continue to improve. Having said that credit availability remains tight but it has eased a lit... read more

Mortgage lending is weak reports London Mortgage Broker, London Mortgage Advice Friday, 3rd June 2011

Following more weak mortgage lending numbers from the Bank of England, further falls in house prices are predicted. After having edged slightly higher to 47,145 in March, the Ban... read more

Tough Mortgage Rules Proposed, reports London Mortgage Advice Ltd, North London Mortgages Brokers Thursday, 2nd June 2011

The Institute for Public Policy Research (IPPR) urges mortgage lenders to stick to the new stringent mortgage rules a new report published them proposes. With many public sector... read more

Mortgage holders switch to interest only, reports London Mortgages Brokers, London Mortgage Advice Wednesday, 1st June 2011

According to data released by the Financial Services Authority (FSA),up to 300,000 households and sixty billion pounds worth of mortgages have been switched over the last 3 years t... read more

Interest only mortgages news from London Mortgages Brokers, London Mortgage Advice Ltd Friday, 27th May 2011

As part of the huge Lloyds Banking Group, Halifax Intermediaries is to demand that borrowers show they are taking out a repayment plan before the lender will approve an interest-on... read more

5 year house price rises expected, reports London Mortgages Brokers, London Mortgage Advice Thursday, 26th May 2011

With or without a mortgage, Homeowners expect price rises over next five years This is in a report by Your Move where almost 80% of homeowners still expect prices to rise in the n... read more

Mortgage lending down in April reports London Morgage Advice, North London Mortgages Brokers Wednesday, 25th May 2011

The Council of Mortgage Lenders, CML reports that mortgage lending slumped by 14%in April blaming the late Easter and extra bank holidays for the reduction in mortgage lending. ... read more

Who wants a mortgage? London Mortgages Brokers, London Mortgage Advice Monday, 23rd May 2011

According to research, almost a third of Britons have no desire to purchase property in the near future. Up to 5% of Britons have saved for a deposit to purchase a property, ... read more

Viewings up in April, reports London Mortgage Advice, North London Mortgages Brokers Wednesday, 18th May 2011

According to surveyors, good weather in April led to an increased number of viewings from potential UK house buyers. There were lower procies but only those with plenty of cash... read more

More deals for first time buyers, reports North London Mortgages Brokers Tuesday, 17th May 2011

It is encouraging to note that banks and building societies are starting to re-enter the market for first-time buyer specific mortgages. There have been new incentives and mortgage... read more

Remortgages on the increase? Asks London Mortgages Brokers, London Mortgage Advice Monday, 16th May 2011

The Council of Mortgage Lenders (CML) said there were 33,900 remortgage loans advanced during the month - up 16% compared with the previous month, with expectations of interest rat... read more

Five Year Fixed Mortgage Rates to fall? From North London Mortgages Brokers. Wednesday, 11th May 2011

According to one of the country's leading mortgage broking firms,the rates on five-year mortgage deals are set to fall soon. They have said that recent forecasts that a rise in... read more

Fixed Rate Mortgage or Tracker Mortgage, asks London Mortgages Brokers, London Mortgage Advice Tuesday, 10th May 2011

Mortgage holders face a tough decision on this, as fixed rates still remain comparatively expensive by comparison with tracker deals. That leaves the big question: when will intere... read more

Building Society Mortgages up, reports London mortgages brokers, London Mortgage Advice Ltd Thursday, 5th May 2011

According to the Building Societies Association (BSA), mutuals approved £2.1bn worth of mortgages in March 2011, up 29% on the £1.7bn approved in March and February 2010. Mor... read more

Mortgage rates may get lower reports London Mortgages Brokers, London Mortgage Advice Ltd Wednesday, 4th May 2011

Mortgage industry insiders have said that those planning to remortgage or fund a house purchase may find that the deals on offer get cheaper over the coming weeks and months. So... read more

It's cheaper to buy than to rent, reports London mortgages brokers, London Mortgage Advice Ltd Tuesday, 26th April 2011

The average monthly costs associated with buying a three bedroom house in the UK stood at £608 in March 2011 - 14% (£98) lower than the average monthly rent paid on the same proper... read more

First Time Buyer Mortgages hard to come by, reports London Mortgage Advice Wednesday, 20th April 2011

Just 10,500 people bought their first home in the month of January; the lowest number for two years. First time buyers who get no help from their families have to wait until t... read more

March mortgage approval show big increase, reports London mortgage brokers, London Mortgage Advice Tuesday, 19th April 2011

According to the latest figures, the number of house purchase applications rose 11.6% in March as remortgage applications dipped 1.9% after a strong February. On the same peri... read more

The danger of interest only mortgages. London morgages brokers London Mortgage Advice Thursday, 14th April 2011

The rate of inflation haveing gone up, it is looking exceedingly likely that a small interest rate rise over the the next couple of months with further rises likely later this ... read more

Mortgage loans rise in February reports London Mortgages Brokers London Mortgage Advice Tuesday, 12th April 2011

New figures show that there was a slight improvement in the amount lent through mortgage loans during February. Up eight per cent on January, data from the Council of Mortgage ... read more

Home owners seek remortgage deals reports London Mortgages Brokers London Mortgage Advice Wednesday, 6th April 2011

Should their monthly payments increase, many homeowners coming to the end of their mortgage deals would seek to find another provider. A rise in monthly payments is a bigger c... read more

Barclays lowers offset mortgage rates reports London Mortgages Brokers London Mortgage Advice Tuesday, 5th April 2011

It has been announced that Barclays is cutting the rates on its range of offset Woolwich mortgages by up to 0.50% from today. At 70 per cent loan to value, the rate has been re... read more

Deposits for mortgages prevent purchases, report London Mortgages Brokers, London Mortgage Advice Monday, 4th April 2011

Because of the difficulties in raising a deposit and securing a mortgage, would-be homeowners are being prevented from buying a house. Over 80 per cent of non-homeowning adults ... read more

Mortgage increase in February, reports London Mortgage Brokers, London Mortgage Advice Friday, 1st April 2011

Figures show that consumers took a slightly bolder approach to debt in February with increases in mortgage and unsecured borrowing. The Bank of England said that there were 4... read more

Increase in remortgage lending, reports London Mortgage Brokers, London Mortgage Advice Thursday, 31st March 2011

According to the Bank of England,the number of remortgage approvals increased in February by 35% year-on-year to 35,725 worth £4.7bn. Higher than the previous six-month averag... read more

Mortgage help may be harmful to banks, reports London Mortgage Brokers, London Mortgage Advice Wednesday, 30th March 2011

We have seen an increase in 'lender forebearance' whereby banks allow borrowers to extend the repayment period for their debt, switch a repayment mortgage to an interest-only pro... read more

Houses for sale are up, reports North London Mortgage Brokers, London Mortgage Advice Thursday, 24th March 2011

According to estate agents, the UK housing market in February saw a jump in the number of people putting their house up for sale. The market report from The National Associati... read more

Rate rise fears grow, reports London Mortgage Brokers, London Mortgage Advice Wednesday, 23rd March 2011

Recent figures were pubished that put the retail prices index (RPI) measure of inflation at 5.5%, the biggest annual increase in the cost of living since 1991. This means that p... read more

Banks should lend on risk not size of deposit, reports London Mortgage Advice,Brokers, Tuesday, 22nd March 2011

A property spokesman, says, banks need to return to old-fashioned lending interviews to solve the first-time buyer crisis and stimulate the housing market. The Budget on 23 Mar... read more

Only 15% overpaying on their mortgage, reports London Mortgage Brokers, Monday, 21st March 2011

Of the mortgage population in this country only 15% are taking the chance to reduce the mortgage term. Such is the research by Barclays showing that 85% of homeowners are missing... read more

Remortgaging to become more active, report London Mortgage Brokers, London Mortgage Advice Wednesday, 16th March 2011

It is expected that rising inflation and the potential of a Bank of England base rate rise to have a positive effect on remortgage business over the next three months. Influence... read more

Mortgage lending falls in January, reports London Mortgage Advice, London's London Mortgage Brokers Tuesday, 15th March 2011

New figures reveal, January saw an unexpected fall in mortgage lending levels. House purchase loans dropped by 26 per cent during the first month of the year compared to December ... read more

Mortgage Market Optimism Growing reports North London Mortgage Brokers, London Mortgage Advice Wednesday, 9th March 2011

Optimism in the mortgage market seems to be rising! The Mortgage Alliance's Distribution Indicator for December found that 86% of brokers expected business volumes to rise in 201... read more

Affordability discussed. London Mortgage brokers, London Mortgage Advice Tuesday, 8th March 2011

Mortgage affordability is about the ability to get or take further steps on the property ladder and measuring affordability against current levels of mortgage payments. The Cent... read more

Average tracker rate down, reports London Mortgage Advice Saturday, 5th March 2011

The average interest rate for a two-year tracker mortgage has fallen to 3.40%, according to Moneyfacts.co.uk, the lowest level since it started monitoring rates in 1988. Money... read more

Rents outweigh mortgages reports London Mortgage Broker, London Mortgage Advice Ltd Thursday, 3rd March 2011

According to Zoopla.co.uk. the cost of owning a home is cheaper than renting in 80% of Britain’s towns and cities. Rising steadily since the middle of last year, when renting w... read more

MORTGAGE AFFORDABILITY IMPROVES, REPORTS LONDON MORTGAGE ADVICE Wednesday, 2nd March 2011

Aaccording to new research released today from Barclay, mortgage affordability has hit its best level for 10 years, , but the lender is urging homeowners to look ahead and be prepa... read more

House sales to increase? Ask London Mortgage Advice Tuesday, 1st March 2011

In an encouraging sign for the mortgage market could some green shoots have been spotted in last month’s housing market? After three months of decline, 38.3% more For Sale signs h... read more

Majority opting for fixed rates, reports London mortgage broker, London Mortgage Advice Ltd Wednesday, 23rd February 2011

According to broker the Mortgage Advice Bureau (MAB,75% of borrowers opt for fixed rates.Three-quarters of all mortgage applications, excluding remortgages, were for fixed rate p... read more

First Time Buyer Mortgages Boost, reports London Mortgage Advice Ltd Tuesday, 15th February 2011

Today’s government summit on first time buyers will debate ways to tackle the problems faced by first time buyers, Housing Minister Grant Shapps says. How to step up efforts to... read more

Remortgaging shows large falls, reports London Mortgage Advice Friday, 11th February 2011

Remortgaging hit a 13-year low even though mortgage lending was steady in 2010 following sharp falls in 2008 and 2009. Down 23% on 2009, only 313,200 homeowners moved their mor... read more

Fixed rate mortgages up, reports London Mortgage Broker, London Mortgage Advice Wednesday, 9th February 2011

As lenders pass on rising funding costs to borrowers, the average cost of a fixed rate mortgage stands at its highest level in six months. In recent months, the cost to lenders ... read more

Lenders favour big deposits, reports London Mortgage Broker, London Mortgage Advice Tuesday, 8th February 2011

In the last two years mortgage applicants with a 20% deposit have seen a threefold increase in the number of deals on offer. Up from 97 two years ago,the number of deals on of... read more

Lending relaxation, suggests London Mortgage Brokers, London Mortgage Advice Wednesday, 2nd February 2011

Only 46% of mortgages on offer now ask for a deposit of 75%, according to Moneyfacts,as the proportion of mortgage deals needing more than a 25% deposit has fallen to a two-year lo... read more

Buy to let expectations on the up, reports London Mortgage Broker, London Mortgage Advice Tuesday, 1st February 2011

According to Paragon Mortgages half of mortgage brokers are expecting to increase the level of buy-to-let business they introduce during 2011. they say that, 46 per cent of i... read more

Uk bank mortgage approvals down 10%, reports London mortgage brokers, London Mortgage Advice. Monday, 31st January 2011

A fall of 10% was recorded by for the number of mortgages approved for house buyers by the UK's main banksby 10% in 2010. Just 400,000 mortgages between them were approved says,... read more

Millions of mortgage payers have not reviewed for nearly 2 years reports London Mortgage Advice Thursday, 27th January 2011

According to new research by unbiased.co.uk, over seven million homeowners have not reviewed their mortgage since the base rate first fell to 0.5% back in March 2009. Mortgage ... read more

New mortgage protection measures announced reports London Mortgage Advice Wednesday, 26th January 2011

New measures announced today by The Financial Secretary to the Treasury, Mark Hoban are • transfer the regulation of new and existing second charge residential mortgages from ... read more

Affordability for First Time Buyers at 12 year high, reports London Mortgage Advice Ltd Friday, 21st January 2011

According to the latest annual Halifax First Time Buyer Review, mortgage affordability for those looking to take their first steps onto the property ladder is at its most favourabl... read more

Interest rates to rise, asks London Mortgage Broker, London Mortgage Advice Wednesday, 19th January 2011

There is little evidence to suggest the economy is overheating. Indeed, today's figures highlight the spare capacity that remains in the UK economy. However, yesterday's higher t... read more

Applications for mortgages up, reports London Mortgage Broker, London Mortgage Advice Monday, 17th January 2011

Compared to 2009, new figures show that purchase mortgage applications rose by a third (33.2 per cent) in 2010. 58.5 per cent of borrowers chose fixed-rate purchase mortgages... read more

Mortgages to fall? reports London Mortgage Brokers, London Mortgage Advice Wednesday, 12th January 2011

Lenders predict that mortgage demand is set to dip in the next three months. As home buyers remain cautious, lenders have predicted that demand for home loans will continue to fal... read more

Homeowners unrealistic about intrerest rates, reports London Mortgage Brokers Tuesday, 11th January 2011

It has been claimed,that the record long run of low interest rates has resulted in homeowners becoming increasingly unrealistic about the rate they are willing to pay for their mor... read more

Mortgages being paid using credit cards Friday, 7th January 2011

Research by Shelter has revealed that more than two million people have used credit cards to pay their mortgage or rent in the last 12 months, a leap of 46% in a year. Up fr... read more

Mortgage Holders pay off lump sums into their loans, reports London Mortgage Advice Wednesday, 5th January 2011

According to the Bank of England's latest quarterly figures, mortgage holders are continuing to pay down their loans. For the third quarter of the year figures show borrowers cu... read more

REMORTGAGE NOW? ASKS LONDON MORTGAGE BROKERS, LONDON MORTGAGE ADVICE Wednesday, 15th December 2010

is it a good opportunity for homeowners to remortgage to a cheaper homeloan now and take advantage of lower monthly payments before this Christmas's bills hit their pocket. Ja... read more

Mortgage lending down, reports Islington Mortgage Broker, London Mortgage Advice Tuesday, 14th December 2010

According to figures produced by the Council of Mortgage Lenders (CML), Mortgage lending dropped in October. Down four per cent on September and 16 per cent lower than a year ... read more

Mortgage News from North London Mortgages Brokers, London Mortgage Advice. Monday, 13th December 2010

Marking a shift from the pre-2007 norm of three in 10 first time buyers choosing interest-only mortgages, some 93% of first time buyers chose repayment mortgages in October, the hi... read more

Private Banks hold the key for some high net worth clients, suggests brokers,London Mortgage Advice Wednesday, 8th December 2010

Private Banks target high net worth professionals who accrue irregular income such as lump sum bonuses. They take overall income and wealth into account rather than just the val... read more

Interest Only Mortgages hit, reports North London Mortgage Broker, London Mortgage Advice Ltd Monday, 6th December 2010

In another nail going into the coffin of interest only mortgages, the Royal Bank of Scotland Group, which includes NatWest Intermediary Solutions, has announced that it will no l... read more

Should I Fix My Mortgage rate Now? asks London Mortgage Advisers, London Mortgage Advice Ltd Friday, 3rd December 2010

It is reckoned that millions of home buyers are wondering what to do with their mortgage. With interests rates at a record low of 0.5 per cent, the only way the cost of borrow... read more

Offset Mortgages on the increase, reports London Mortgage Advice of North London Monday, 29th November 2010

Whilst interest rates have remained low, it hs been reported in some quarters that there is an increase in demand for offset mortgage deals. The thing to remember about an of... read more

Lending at Lowest since 2001, reports Highbury London N5 Mortgage Broker, London Mortgage Advice Tuesday, 23rd November 2010

Says the British Bankers Association (BBA), despite a 3.5% increase in net lending, mortgage approvals are running at their lowest level since 2001. A substantial increase o... read more

FSA outlines new mortgage proposals, reports London Mortgage Broker, London Mortgage Advice Monday, 22nd November 2010

Focusing on enhancing the mortgage sales process, the role of intermediaries and improving disclosure of information for customers, The Financial Services Authority (FSA) has out... read more

Mortgage outlook to remain slow, reports London Mortgage Broker London Mortgage Advice. Thursday, 18th November 2010

According to Council of Mortgage Lender (CML) chairman Matthew Wyles speaking at the trade body's conference today,the outlook for mortgage lending is likely to stay subdued. ... read more

House Prices Going Down, reports Highbury Mortgage Broker, London Mortgage Advice Monday, 15th November 2010

According to Rightmove, new sellers in November have reduced their average asking prices by 3.2%, the largest monthly fall recorded since December 2007, Down 9.1% on previous ... read more

REMORTGING APPLICATIONS INCREASING REPORTS NORTH LONDON MORTGAGE BROKER, LONDON MORTGAGE ADVICE Thursday, 11th November 2010

According to the latest figures from the Mortgage Advice Bureau/Coreco National Mortgage Index, remortgage applications in October were up 19.7% on September, These figures su... read more

REMORTGING ON THE UP REPORTS LONDON MORTAGE BROKER, LONDON MORTGAGE ADVICE Wednesday, 10th November 2010

It seems that more people are looking to remortgage. Figures from a few sources are saying that the number of borrowers asking to remortgage jumped in October against the previo... read more

Is Credit Impaired lending creeping back? asks North London Mortgag Broker, London Mortgage Advice. Wednesday, 3rd November 2010

Many creditworthy homeowners risk being unfairly labelled and unable to get finance. The bulk of the high-street lenders. are ignoring borrowers with irregular incomes, or im... read more

Responsible lending could lead to fewer mortgages reports North London Mortgage Brokers Thursday, 21st October 2010

Proposals by the Financial Services Authority (FSA), to encourage responsible lending, could mean even more buyers are locked out of the market The Council of Mortgage Lenders (CML... read more

Remortgaging hits new low, reports North London Mortgage Broker, London Mortgage Advice Tuesday, 19th October 2010

According to the CML, just a quarter of all new home loans in August were remortgages which is the lowest proportion in 10 years. Worth an estimated £3bn, around 25,000 remortg... read more

Interest Only Mortgages days are numbered, reports London Mortgage Broker, London Mortgage Advice Monday, 18th October 2010

Mortgage lenders have warned that they will have no choice but to withdraw from the interest only mortgage market if the planned tighter comes into force. Ten of thousands of bo... read more

Mortgage applications up, reports North London Mortgage Brokers, London Mortgage Advice Monday, 11th October 2010

According to the latest figures from the Mortgage Advice Bureau/Coreco National Mortgage Index, new mortgage applications for house purchase are at their highest level since Febr... read more

CML has serious concerns about FSA planned mortgage restrictions, reports London Mortgage Advice Wednesday, 6th October 2010

The Financial Services Authority (FSA) wants to force lenders to be much more careful about to whom they lend. However. plans by the City regulator to restrict mortgage lending ... read more

Mortgage money tight for the next 3 months reports North London Mortgage Broker, London Mortgage Adv Friday, 1st October 2010

The Bank of England warned yesterday that Britain's mortgage squeeze is getting worse, as concerns about a fresh housing market slump continue. Lending policies combined with t... read more

Restrictions on mortgage lending criticised, reports North London Mortgage Broker, London Mortgage A Wednesday, 29th September 2010

Proposals by the Financial Services Authority (FSA), to encourage responsible lending, will cause house price falls warns, The Council of Mortgage Lenders (CML). In a bid to ... read more

Mortgage deals require close scrutiny,suggests North London Mortgage Broker, London Mortgage Advice Tuesday, 28th September 2010

Rather than being attracted by what looks like a seductive headline interest rate, mortgage borrowers should look beyond this to the overall cost of a mortgage deal, including a... read more

August Mortgage Lending Down, Reports North London Mortgage Broker, London Mortgage Advice. Thursday, 23rd September 2010

Underlining the subdued state of the UK property market are new figures. The Council of Mortgage Lenders (CML) said that total mortgage lending fell again in August, for the sec... read more

The Case for Mortgage Brokers from North London Mortgage Broker, London Mortgage Advice. Thursday, 16th September 2010

The undeniable case for the existence of the mortgage broker was made for them by the research carried out by First Direct that found that 92% don't understand mortgages. It f... read more

Are mortgages becoming more available? Asks Mortgage Advisers, London Mortgage Advice Thursday, 9th September 2010

According to figures from Moneyfacts, the cost of mortgages is continuing to fall and they are becoming more accessible to some borrowers. Availability has dropped for those o... read more

Long term negative equity possible, reports North London Mortgage Advisers, London Mortgage Advice Thursday, 2nd September 2010

According to new figures out recently, mortgage holders who bought at the height of the property boom face another four years of negative equity before they recover what they paid.... read more

Surge in 10 fixed rate mortgages, reports North London Mortgage Brokers, London Mortgage Advice Tuesday, 31st August 2010

In the three months from April to June 2010, interest in 10-year fixed rates surged, with the number of internet searches for fixed rate mortgages ballooning by 888%. This is... read more

Mortgage more affordable says Halifax, reports London Mortgages brokers, London Mortgages Advices Tuesday, 24th August 2010

According to research carried out by Halifax mortgages are now twice as affordable as 2007. They say that when compared to the peak of 2007t average mortgage is twice as afforda... read more

Mortgages still restricted, reports brokers in North London, London Mortgage Advice Tuesday, 10th August 2010

Lenders of mortgages continue to ration the size of their loans to home buyers and people remortgaging. Says the financial information service Moneyfacts, the number of deals on... read more

Mortgage size has increased, reports London top mortgage broker, London Mortgage Advice Thursday, 5th August 2010

The size of the average homeloan requested by those looking to buy property in the rocketed by £45,000 in the month of July alone to £269,478, according to Leadbay, a company which... read more

Rationing of Mortgages still with us reports London Mortgage Brokers, London Mortgage Advice Wednesday, 4th August 2010

Mortgage lenders continue to apply stringent criteria. with borrowers still struggling to secure a mortgage without a large deposit. The number of homeloans available has incre... read more

Mortgage lending down in June Friday, 30th July 2010

The Bank of England has reported that mortgage lending was down in June, This brings lending back down to the levels of May 2009 when the economy was still in recession. This has ... read more

ASK LONDON MORTGAGE BROKERS, LONDON MORTGAGE ADVICE ABOUT THESE DEALS Thursday, 29th July 2010

If you are looking for an interesting deal then you might want to trythe new Woolwich rates. They will cut the interest rates it charges on mortgages up to 80% loan to value by... read more

Mortgage Broker,Mortgage Advice, from London Mortgage Advice Tuesday, 27th July 2010

Mortgage advice has never been so needed as today at a time when the mortgage company's lending criteria has become ever more tight. A mortgage broker has all the lenders at his... read more

Mortgages in June up, reports Mortgage Brokers, London Mortgage Advice Tuesday, 20th July 2010

Mortgage lending picked up in June according to the Council of Mortgage Lenders (CML). Lending to people remortgaging as well as house buyers, rose by 15% in June to £13.1bn. ... read more

Mortgage sqeeze causes slow home selling, reports mortgage brokers London Morgage Advice Monday, 19th July 2010

Rightmove reported this morning that new sellers now outnumber new mortgage approvals by 5.2, while at the same time unsold numbers of properties remining on agents’ lists has leap... read more

Easy Mortgages days are over, reports London Mortgage Brokers, London Mortgage Advice Friday, 16th July 2010

With the idea of bringing in new rules the FSA has laid out plans to halt the reckless lending that has seen half of mortgages dished out without checks that borrowers can actually... read more

May rise in Mortgage lending Friday, 2nd July 2010

According to the British Bankers' Association (BBA), mortgage lending continued rising in May. So far this year, the number of mortgages approved for house purchases rose to it... read more

Mortgage Market Needs Restructuring, reports one of Londons leading Mortgage Brokers, London Mortgag Wednesday, 30th June 2010

The UK mortgage market needs to be restructured so says The Financial Services Authority (FSA). "We need to rebuild our mortgage market so that we end up with one that's mor... read more

Mortgage Rates Moving Down, reports London Mortgage Broker, London Mortgage Advice Tuesday, 22nd June 2010

Michelle Slade, spokesperson for Moneyfacts.co.uk, the provider of personal finance information said fixed mortgage rates had been falling since September 2009 as lenders tried to ... read more

Mortgage approvals up in April reports London Mortgage Broker, London Mortgage Advice. Monday, 14th June 2010

It is a suggestion that a very small lift in mortgage lending in April is not necessarily positive news for the housing market. The number of mortgages approved rose from 49,00... read more

Over Three Thousand Mortgage Deals Available, reports London Mortgage Brokers London Mortgage Advice Tuesday, 8th June 2010

Having reached a low of 2,177 in July 2009, what has now happenned is that the number of different mortgage products available to borrowers has passed the 3,000 mark. Yes,3000+ m... read more

The end is nigh for interest only mortgages says London Mortgage Broker, London Mortgage Advice Thursday, 3rd June 2010

The latest lender to announce restrictions on interest only mortgages is Northern Rock. Relying on inheritance, dividends or bonuses will not suffice,borrowers must own at leas... read more

Mortgage borrowing is getting better reports North London Mortgage Broker, London Mortgage Advice Lt Tuesday, 25th May 2010

Between February and March,the number of loans made to home buyers rose by 25% , to 45,000. has said, the Council of Mortgage Lenders (CML) with borrowing by first-time buyers r... read more

HIP Suspended reports London Mortgage Advice, North London Mortgage BrokerOgOr Thursday, 20th May 2010

Hips are being suspended and they are suspending the requirement for homeowners to provide a Home Information Pack when selling their homes, Eric Pickles Communities Secretary and ... read more

Are borrowing costs coming down? London Mortgage Broker, London Mortgage Advice Friday, 14th May 2010

Borrowing costs are slowly coming down, indicating an improvement in mortgage conditions says Bernard Clarke, spokesperson at the Council of Mortgage Lenders. The cost of a fix... read more

Mortgage rates to increase? Asks North London Mortgage Broker, London Mortgage Advice Tuesday, 11th May 2010

In its Quarterly Economic Bulletin, the trade body, The Association of Mortgage Intermediaries (AMI) has warned that the cost of mortgage borrowing could be set to rise slightly th... read more

Mortgage Loans boosting bank profits, reports broker in North London, London Mortgage Advice Thursday, 6th May 2010

UK lenders are now loading some of their mortgages and other loans with bigger margins then ever before. Banks have more than doubled the profit margin they make on mortgages o... read more

Approvals for mortgages still slow. Reports London Mortgage Advice of Highbury, North London Tuesday, 4th May 2010

The Bank of England figures still suggest that mortgage lending has had a slow start to the year. The number of mortgages approved for home buyers rose slightly in March, the B... read more

House Prices up 10% in a year reports London's mortgage broker London Mortgage Advice Ltd Thursday, 29th April 2010

House prices are 10.0% below the October 2007 peak, reveals the latest Nationwide House Price Index as house prices increased by 1.0% month-on-month in April, annual rate of price ... read more

Bank reports low house price expectation, say London Mortgage Advice Thursday, 22nd April 2010

The Bank of England’s Trends In Lending report show that the major UK lenders expect house prices to be broadly flat over the coming year and for mortgage lending to increase mod... read more

The Mortgage Adviser Role described by London Mortgage Broker, London Mortgage Advice Tuesday, 20th April 2010

The best way forward for seeking mortgage advice is via a mortgage broker. If you consult independent mortgage brokers rather than mortgage lenders direct, they will have a much la... read more

First Time Buyer Mortgages Monday, 19th April 2010

Gone are the days when a first time buyer could simply multiply an annual salary by two-and-a-half and see what first time buyer mortgage that would secure him! First time buye... read more

Lack of Mortgages critical, says North London Mortgage Broker, London Mortgage Advice Thursday, 15th April 2010

Last month’s budget, has, as yet, failed to translate into sales.With estate agents seeing an increase in inquiries, prompted in part by the stamp duty exemption. The househun... read more

Mortgage Market Recovery Green Shoots? asks London Mortgage Broker, London Mortgage Advice Wednesday, 14th April 2010

It has been claimed,an increase in the number of loans advanced for house purchase signals a 'modest recovery' in the mortgage market. 35,000 house purchase loans were approved in... read more

Record High for London House Prices, reports London Mortgage Broker, London Mortgage Advice Monday, 12th April 2010

According to the latest data compiled by Acadametrics this is £748 higher than the previous record set in February 2008, before the housing market slumped. The average price of ... read more

First Time Buyers more active, reports London Mortgage Broker, London Mortgage Advice Wednesday, 7th April 2010

Spring usually sees a boost in house-buying, and with the new stamp duty break things could be busier than in recent years. The Stamp Duty threshold was increased for first-time bu... read more

TWO THIRDS EXEMPT FROM STAMP DUTY, REPORTS LONDON MORTGAGE BROKER, LONDON MORTGAGE ADVICE. Monday, 29th March 2010

Two-thirds of properties in the UK are exempt from the tax when purchased by first-time buyers, since the threshold at which Stamp Duty becomes payable increased to £250,000 at mid... read more

More favour SVR reports London N5 Mortgage Broker, London Mortgage Advice. Tuesday, 23rd March 2010

31% of homeowners are on a standard variable rate mortgage compared to only 23% in January 2009 tracking data from professional advice website unbiased.co.uk, shows. 29% of ho... read more

Mortgage Lending Up, reports N5, N7 and N1 North London Mortgage Broker. Thursday, 18th March 2010

According to new data published by the Council of Mortgage Lenders, gross mortgage lending in February increased to an estimated £9.2 billion, a 6% rise from £8.7 billion in Januar... read more

More Mortgages Available, reports London Mortgage Broker, London Mortgage Advice Wednesday, 17th March 2010

Last year, at the height of the mortgage drought on April 1st there were just 1,209 products out there, compared to over 13,000 before the credit crisis hit in 2007, according to d... read more

Mortgages more affordable, reports London Mortgage Broker N5 Wednesday, 10th March 2010

According to property website Zoopla, mortgages now more affordable than at any time since in 2003. UK housing affordability at its highest level since 2003,as research relea... read more

Mortgages for First Time Buyers. London Mortgage Advice Tuesday, 9th March 2010

According to property website Rightmove, the number of first-time buyers who expect to enter the market in 2010 has declined, which is a worrying development. In their Q1 201... read more

Mortgage Products on the up, reports North London Mortgage broker, London Mortgage Advice. Friday, 5th March 2010

According to figures from Mortgage Brain, the number of mortgage products available to brokers is at its highest since December 2008. Up 9% from the 4,457 available products in... read more

Confidence increasing, reports London Mortgage Adviser, London Mortgage Advice Thursday, 4th March 2010

Saying they expect the value of their home to increase by an average of 1.5% over the next six months, UK homeowners expressed increasing confidence in the property market in Febru... read more

MORTGAGE FRAUD RISE Monday, 1st March 2010

Compared to the figures for 2008, despite the continued slowdown in mortgage lending, The incidence of attempted mortgage frauds increased in 2009. Fraudulent activity in the ... read more

MORTGAGE FRAUD RISE Monday, 1st March 2010

Rise in mortgage fraud The incidence of attempted mortgage frauds increased in 2009, compared to the figures for 2008, despite the continued slowdown in mortgage lending. Acco... read more

Halifax fixed rate Mortgage Monday, 22nd February 2010

Halifax launched its first fixed rate in November 1988, with other products coming onto the market throughout 1989. By 2009, according to CML figures, 68% of new mortgage lending ... read more

Repossessions. London Mortgage Broker, London Mortgage Advice Friday, 19th February 2010

As more homeowners struggle to recover from unemployment and mounting debts,repossessions and arrears problems could last for a very long time. The number of borrowers in arrear... read more

Mortgage Lending falling Thursday, 18th February 2010

Data from the Council of Mortgage Lenders (CML) reveal that this is the lowest gross lending figure recorded since February 2000 (£7.9bn), with total amount of money advanced by ... read more

Tracker Rates at their lowest for years, reports London Mortgage Broker, London Mortgage Advice Monday, 15th February 2010

Mortgage rates on tracker products are at their lowest since 1997, Bank of England figures show. The average tracker mortgage was at 3.63 per, compared with 3.92 per cent in Decem... read more

Buy to let increasing, reports Nothe London Mortgage Broker, London Mortgage Advice Thursday, 11th February 2010

According to figures from the Council of Mortgage Lenders (CML),the amount of new buy-to-let borrowing increased for the second quarter in a row in Q4 2009. However that was a ... read more

Switch from your Standard Variable Rate? asks North London Mortgage Broker, London Mortgage Advice Monday, 8th February 2010

Most SVR borrowers ‘should consider switching' Hundreds of thousands of mortgage borrowers currently sitting on their lenders' Standard Variable Rates (SVRs) could benefit financi... read more

Mortgage Funding Gap is £300m reports Islington Mortgage Broker, London Mortgage Advice Thursday, 4th February 2010

A £300bn shortfall in the amount of funds they have available to lend out to mortgage borrowers in the future is faced by mortgage lenders they have warned. Lenders are having... read more

The Funding of Mortgage Activities Wednesday, 3rd February 2010

The following is an article taken from the Best Advice.net Colin Snowdon of Aldermore argues that Skipton’s move is to the benefit of a sustainable mortgage Bringing into sha... read more

Buy to Let restictions, reports North London Mortgage Broker, London Mortgage Advice. Tuesday, 2nd February 2010

Constrained by the lack of available mortgage finance, half of buy-to-let landlords want to buy more residential property to rent out privately. 49% believe the conditions a... read more

First Time Buyers having to rent, says North London Mortgage Broker, London Mortgage Advice Friday, 29th January 2010

It has been revealed, that the lack of mortgage finance that is available to first-time buyers is forcing the group into the rental market. There has been a rise in the number of ... read more

First Time Buyers having to rent Friday, 29th January 2010

The lack of mortgage finance that is available to first-time buyers is forcing the group into the rental market, it has been revealed. New statistics from the Association of Res... read more

Mortgage News Thursday, 28th January 2010

Compared with November, to £13.7bn.The Council of Mortgage Lenders (CML) said UK mortgage lending increased by 14% in December. However Skipton Building Society reported that tho... read more

Online Auctions Wednesday, 27th January 2010

In partnership with auctioneers Real Estate Disposition corporation (REDC), Buyers will be able to bid online for properties via a live property auction site introduced by Zoopla.... read more

Mortgage borrowers getting more products, reports London Mortgage Advice, North London Mortgage Brok Tuesday, 26th January 2010

More products are now available to mortgage borrowers with lower deposits, analysis by Moneysupermarket has revealed There are now 384 products available to those with a 15% d... read more

Mortgage loan to value reaches 70%, reports London Mortgage Advice, North London Mortgage Broker Monday, 25th January 2010

According to the latest figures from the Mortgage Advice Bureau, the average LTV on residential purchase mortgages arranged in December 2009 nudged 70%, the first time it has reach... read more

Will Borrowers Stick with Tracker Mortgages,? asks North London Mortgage Broker, London Mortgage Adv Friday, 22nd January 2010

According to research from Abbey for Intermediaries (AfI),people coming to the end of their deals in the next six months are increasingly disinclined to choose trackers due to expe... read more

Sharp rise in property prices, reports North London Mortgage Broker, London Mortgage Advice Thursday, 21st January 2010

0ver the last 50 years, the average UK house price has grown by 273% The average home in 1959 cost £2,507 compared to to £162,085 last year, according to research carried o... read more

50 YEARS OF HOUSE PRICES, REPORTS LONDON MORTGAGE ADVICE, NORTH LONDON MORTGAGE BROKER Tuesday, 19th January 2010

According to Halifax, the average UK house price has increased by 273% over the last 50 years from £2,507 in 1959 to £162,085 in 2009,. Prices experienced their biggest rise, inc... read more

Fixed rate mortgage, or not fixed rate mortgage? Monday, 18th January 2010

Mortgage borrowers are looking at a difficult choice on this. This is because fixed rate mortgages continue to be comparatively expensive by comparison with tracker deals. That p... read more

Mortgage debt burden down, reports London Mortgage Advice, North London Mortgage broker Friday, 15th January 2010

According to data released by the Council of Mortgage Lenders, home buyers in November needed to use less of their income to cover their mortgage interest than at any time for more... read more

Cheaper Mortgage Deals hot up, report London's local mortgage broker, London Mortgage Advice Ltd Thursday, 14th January 2010

The return of competition in the mortgage market is hotting up as lenders are wooing borrowers with cheaper deals. Figures release by The Bank of England show a marginal fall i... read more

Fix Now?, asks London Mortgage Broker, London Mortgage Advice Wednesday, 13th January 2010

Some existing borrower rates as high as 5.5%.as the benefits of an historically low Bank Base Rate have not been passed on to many borrowers with What is potentially more worrying... read more

Credit cards being used to pay the mortgage, reports London Mortgage Broker, London Mortgage Advice Tuesday, 12th January 2010

Over the course of the last year, over a million families in the UK have resorted to using a credit card in order to pay their mortgage or rent. Householders and private rent... read more

Interest Rate stays at 0.5%, reports London Mortgage Broker, London Mortgage Advice Friday, 8th January 2010

We are in for an interesting year as interest rates have now been kept at their record low for almost a year in a bid to help stimulate the housing market and general economy, as t... read more

London Property Prices Up, reports London Mortgage Broker, London Mortgage Advice Wednesday, 6th January 2010

According to figures from Haart estate agency, asking prices for residential property across London increased by 3.5% during December 2009. Using statistics from 83 of its Lon... read more

Standard Life Mortgages Closes for New Lending, reports London Mortgage Advice Monday, 4th January 2010

Following its sale to Barclays, Standard Life Bank will no longer be accepting mortgage applications from mortgage brokers, They agreed a deal to buy Standard Life Bank from par... read more

Will house prices fall this year? asks London Mortgage Broker, London Mortgage Advice Friday, 1st January 2010

According to Hometrack, the property data company, a lack of new buyers caused a significant setback for the housing market this month, raising the prospect of further falls in hou... read more

Mortgage Lending at Lowest since 2001, reports Highbury London N5 mortgage broker, Lodon Mortgage Ad Wednesday, 23rd December 2009

Despite a 3.5% increase in net lending, mortgage approvals are running at their lowest level since 2001, says the British Bankers Association (BBA). The high street banks' annu... read more

Mortgage lending declined, reports London Mortgage Broker, London Mortgage Advice Tuesday, 22nd December 2009

It has been claimed that figures which show mortgage lending declined in November are "surprising", Changes to the stamp duty threshold on January 1st should have heightened ho... read more

Interest Rates to go up Monday, 21st December 2009

Ian McCafferty, CBI chief economic adviser, said: " The UK Bank rate is forecast to start rising in spring 2010, as the Bank of England withdraws some of the monetary stimulus in o... read more

Do lenders help their clients? Ask London Mortgage Broker, London Mortgage Advice Thursday, 17th December 2009

A number of homeowners have requested a temporary move to interest only mortgage arrangements although there appears to be resistance within the UK mortgage industry to allow this ... read more

House Prices Still Rising, says London Mortgage Broker, London Mortgage Advice Tuesday, 15th December 2009

Will proces continue to rise? A run of positive data on the housing market during the past few months, with a number of key house price indexes showing price rises and mortgage len... read more

House Price Data Friday, 11th December 2009

According to new data released by the Council of Mortgage Lenders, the number of loans for house purchase in the UK reached 55,000 in October, its highest level since December 2007... read more

Addressing Mortgage Market Issues Thursday, 10th December 2009

This is the view of the Director of AMI Mr Robert Sinclair: "Government intervention has resulted in a consolidated mortgage market, with six groups responsible for around 90% of... read more

Overpaying your mortgage. Is this good? asks London Mortgage Advice Wednesday, 9th December 2009

This year has seen a big rise in people making overpayments on their mortgage and it’s a trend that is likely to continue into 2010, with interest rates having been at an all-time ... read more

Extend Stamp Duty Holiday says London Mortgages Brokers, London Mortgages Advice Monday, 7th December 2009

Stamp tuty should be extended. And this view is also put forward by a of Labour backbenchers who have tabled an Early Day Motion for the extension of the Stamp Duty holiday beyond ... read more

Home Ownership on the Wane? reports London Mortgage Broker, London Mortgage Advice. Friday, 4th December 2009

According to Scottish Provident, one of the UK's leading protection providers, the British love affair with property ownership could be waning. Only 51% of Britons (around 24 mi... read more

Mortgage Products Up Thursday, 3rd December 2009

A Monthly Product Analysis from Mortgage Brain shows the total number of live mortgage schemes listed on its sourcing system jumped four per cent in the past month to 3,337 mortgag... read more

Using a mortgage broker is good for you, says London Mortgage Broker, London Mortgage Advice. Wednesday, 2nd December 2009

Using a mortgage adviser takes away the strain from the mortgage process. An adviser will know immediately if you are suitable or not for these best buy rates. He or she will save ... read more

House Prices up again Tuesday, 1st December 2009

The Nationwide Building Society said Tuesday that house prices rose for a seventh consecutive month in November, but they remain at levels last seen in early 2006 and the pace of... read more

Buy to let mortgages gaining strength, reports London Mortgage Broker, London Mortgage Advice Monday, 30th November 2009

There are signs of a house price recovery so buy-to-let landlords are feeling their way back into the action in the property market for the first time in two years. After a p... read more

Remortgage thoughts, London Mortgage Advice Friday, 27th November 2009

The process of re-mortgaging deals with paying off an existing mortgage and changing to a different lender that who is offering a more competitive rate or better terms. This sh... read more

Buy to let proposals Thursday, 26th November 2009

According to new proposals published by the Treasury today, the Government is proposing the expansion of the FSA's remit to include the regulation of buy-to-let and second-charge... read more

Offset Mortgages revisited Wednesday, 25th November 2009

40% of homeowners don't understand the basic idea of an offset mortgage research by First Direct has revealed. And what is more a further 35% only roughly know how they work. W... read more

Self Employed Mortgages. A view by London Mortgage Broker, London Mortgage Advice Tuesday, 24th November 2009

It is going to be more difficult for self-employed borrowers to secure a mortgage after the last big lender of self-certification home loans pulled out of the market. Plans by t... read more

Lenders capitalising on the standard variable rate Monday, 23rd November 2009

On average,Standard Rate Mortgage Deals are now charging 4.7%, a reduction of just 0.98% in twelve months compared to a 2.5% fall in Bank Base Rate over the same period. What t... read more

Mortgage freeze starting to thaw? Asks London Mortgage Broker, London Mortgage Advice Friday, 20th November 2009

Cheltenham & Gloucester, part of the mammoth Lloyds Banking Group, has cut the cost of a range of mortgage deals and introduced a ‘best buy' product, while Abbey has also launched ... read more

Trackers more popular than Fiixed rates Wednesday, 18th November 2009

The take up of fixed rates has been steadily falling and been overtaken by trackers that track the Bank of England Base Rate These are currently proving by far the most popular wit... read more

Mortgage conditions improving? Tuesday, 17th November 2009

Trading conditions have improved as homebuyers are returning to the housing market reports Barrats, one of the country's largest housebuilders. Barratt inform us that the numbe... read more

Mortgage interest rates to rise? asks London Mortgage Broker, London Mortgage Advice. Monday, 16th November 2009

As increased regulation and the battle for savers' deposits forces up costs for lenders so mortgage costs are likely to increase' The new and more onerous rules regarding the am... read more

Buy to Let Growing, reports Free London Mortgage Broker, London Mortgage Advice Friday, 13th November 2009

Figures released by the Council of Mortgage Lenders (CML) reveal that gross buy-to-let lending for the quarter reached £2.1bn, a 10% increase on the previous quarter and so we can ... read more

Existing home owners moving home mainstay of activity Thursday, 12th November 2009

As it continues to be difficult for first time buyers to get mortgage finance, the increased levels of activity recorded in the housing market in recent months are shown to be down... read more

Mortgage market competition beginning to increase says London Mortgage Advice Wednesday, 11th November 2009

There are signs that the UK mortgage market is beginning to stir with former sub-prime lender GE Money set to return to the market this week offering prime mortgage products. ... read more

Home owners cannot move, reports London Mortgage Advisers and Brokers, London Mortgage Advice Tuesday, 10th November 2009

Thanks to the credit crisis and its knock-on effect on the UK housing market, 2.5m homeowners are remaining longer than planned living in their current homes Millions of prope... read more

House Purchase demand outstrips supply, reports London Mortgage Broker, London Mortgage Advice Friday, 6th November 2009

For each available property in the month of October, an average of five house hunters were registered on estate agent's books. According to data from the National Association o... read more

Mortgage arrangement fees report form London Mortgage Broker, London Mortgage Advice Tuesday, 3rd November 2009

Twenty per cent approximately, that is up to 19 lenders currently charge non-refundable booking fees on some of their mortgage products ranging from £100 to as much as £999. To ... read more

Could house prices fall? Asks London Mortgage Broker, London Mortgage Advice Friday, 30th October 2009

Over the next two years., house prices could fall 15% say some economists. They are predicting further substantial falls in average UK house prices. Some say that property pric... read more

New plans for home buyers reports London Mortgage Broker, London Mortgage Advice Tuesday, 27th October 2009

Under new plans published by the Financial Services Authority (FSA), all borrowers will face stricter scrutiny of their mortgage applications . Of the proposals the most central... read more

Parents helping children buy first home Friday, 23rd October 2009

According to Lloyds TSB, parents are using their savings to help offspring buy property. With housing affordability at its best level for six years, 70% of parents with children o... read more

Mortgage deals hard to come by for some, says London Mortgage Broker, London Mortgage Advice Thursday, 22nd October 2009

According to a survey from online credit information provider Equifax, many homebuyers are having difficulty getting a good mortgage deal at first request. In September 2008, i... read more

Mortgage reforms Wednesday, 21st October 2009

To ensure that it works better for consumers and is sustainable for all market participants,the Financial Services Authority (FSA) today sets out proposals for the major reforms re... read more

New mortgage regulation to put a break on mortgage lending? Asks London Mortgage Broker Tuesday, 20th October 2009

Cautious lenders could turn down more mortgage applications,when the mortgage market clampdown by the Financial Services Authority FSA) comes into force. Sellers could face eve... read more

Stamp Duty Friday, 16th October 2009

The Government should extend its Stamp Duty holiday beyond December 31, and also to increase the threshold where the tax becomes payable. As the Stamp Duty break had cost the Ch... read more

Self Cert Mortgages, the end? Asks London Mortgage Advice the North London Mortgage Broker Thursday, 15th October 2009

It may be the end of self cert mortgages as we await the pupblication of the FSA mortgage review. And it could be a good thing if self-certification mortgages are prohibited. Th... read more

Mortgage Climate, report by London Mortgage Broker, London Mortgage Advice Wednesday, 14th October 2009

Figures from the Council of Mortgage Lenders (CML) showed today that the mortgage market is operating on two levels, with the number of loans for house purchases rising over the ... read more

Confidence rising, reports London Mortgage Advice, your London Mortgage Broker Tuesday, 13th October 2009

There is a vast majoity of homeowners who believe that home values will rise, over the next six months. And this rise confidence could push transaction volumes higher in the co... read more

First Time Buyer Mortgages Monday, 12th October 2009

More and more mortgage providersare backing away from the first-time buyers' market by simply demanding deposits in excess of 10% and often in excess of 30%, recent changes in UK m... read more

Mortgage lenders increasing activity, suggests London Mortgage broker, London Mortgage Advice Friday, 9th October 2009

Some high profile lenders have been significantly reducing their rates lately and indeed for this they should be praised. Nationwide, Northern Rock, Woolwich, Cheltenham a... read more

Another rise in house prices reports London Mortgage Broker, London Mortgage Advice Wednesday, 7th October 2009

Fuelled by cheap borrowing rates and a shortage of homes coming on to the market, house prices continued to rise last month. For the third consecutive monthly rise and the fift... read more

House ownership desire is down Monday, 5th October 2009

According to the National Association of Estate Agents (NAEA), more than one in four adults in some British cities no longer have any desire to own their own home, Thousands of ... read more

House Prices Rise Again says London Mortgage Brokers, London Mortgage Advice Friday, 2nd October 2009

For the fifth month in a row house prices have risen during September, and this has pushed property values back up to levels of this time last year. According to Nationwide Bu... read more

Mortgages and Bank of China Thursday, 1st October 2009

Bank of China is a relatively unknown bank providing low-rate mortgages at a time when many local lenders are hoarding cash, and shutting their doors to home-buyers eager to enter... read more

Mortgage lending up in August Wednesday, 30th September 2009

Mortgage lending bounced back during August after being negative for the first time on record during July, according to the latest figures from the Bank of England. The figures... read more

London boosts house price rise says London Morgage Broker, London Mortgage Advice Tuesday, 29th September 2009

As a result of a surge in prices in London and the South East,house prices rose 0.2% during September figures from Hometrack show. Nationally house prices rose 0.2% over the l... read more

House price rises reported says London Mortgage Broker, London Mortgage Advice Monday, 28th September 2009

UK house prices were reported as rising in the three months to September more than those reporting falling property values, surveyors said. For the first time for two years,T... read more

Discount Mortgages versus Tracker mortgages Friday, 25th September 2009

It increasingly looks as if interest rates will remain low for at least two to three years on the back of a very slow economic recovery. It is therefore logical advise to clients ... read more

Mortgage Lending Thursday, 24th September 2009

There has been an increase in the number of mortgages approved for buyers and this has encouraged hopes that signs of life are returning to the housing market. HM Revenue & Custo... read more

MORTGAGE PRODUCT NEWS FROM LONDON MORTGAGE BROKER, LONDON MORTGAGE ADVICE. Wednesday, 23rd September 2009

Despite the cost of funding to lenders falling 4.35%, potential mortgage borrowers with a 10% deposit have seen just a 0.12% drop in the average mortgage rate. Those with a 40... read more

Mortgage approvals in August Monday, 21st September 2009

The Council of Mortgage Lenders (CML)is predictings that the value of new home loans approved for buyers in August is likely to be less than the previous month. They predict ... read more

Stamp Duty Loan Scheme Friday, 18th September 2009

Dragon’s Den star James Caan, now wants to help ordinary people climb the property ladder.One of the country's leading entrepreneurs has launched a multi-million pound facility t... read more

FIXED RATES TO FALL? Thursday, 17th September 2009

In the coming months due to the Bank of England's plans to pay banks less for their deposits, the cost of fixed rate mortgages could drop. Mervyn King, said yesterday he is cons... read more

Mortgages up in July Tuesday, 15th September 2009

In the latest evidence of an upturn in Britain's battered property market, the number of loans made to homebuyers showed its first annual growth in July for the first time in two... read more

Is housing recovery a false dawn? Asks London Mortgage Broker, London Mortgage advice. Monday, 14th September 2009

According to a report published today,the current levelling off in Britain's housing market is a "false dawn" and prices will not reach their 2007 peak for at least another five ye... read more

House Prices Increase for Second Month Friday, 11th September 2009

According to Halifax figures, August saw a rise in the price of houses by 0.8 percent. This is the second month in a row that The U.K.’s largest lender has reported an increase.The... read more

End of Stamp duty relief, advises London Mortgage Broker, London Mortgage Advice Thursday, 10th September 2009

On New Year's Eve the UK government will restore the 1% stamp duty on the purchase of homes with a value between £125,000 and £175,000. This was originally instigated to inject int... read more

NEW MORTGAGE BORROWERS NOT BENEFITTING FROM LOW INTEREST RATES Wednesday, 9th September 2009

Even though the Bank of England Base Rate has been at 0.50% for six months consumers have not seen much benefit. Many consumers have suffered falling savings rates and rising... read more

FIXED RATE FEES Tuesday, 8th September 2009

It has been found on research by MoneyExpert.com that 49% of fixed mortgage products come with a percentage fee as opposed to a flat fee. Percentage fees vary from as much as 2... read more

New Build Homes, an idea from London Mortgage Broker, London Mortgage Advice Monday, 7th September 2009

A number of factors are combining to make this the optimum time to buy a newbuild property. It is sighnificant that Newbuild prices are down nearly 20% on their peak in July 200... read more

Is the mortgage market about to change? Asks london mortgage broker, London Mortgage Advice. Friday, 4th September 2009

It seems that there is a growing number of analysts who believe house prices have bottomed out as estate agents are reporting greater activity. And what is more a third of adul... read more

RECOVERING MARKET SUGGESTS LONDON MORTGAGE BROKER, LONDON MORTGAGE ADVI CE Thursday, 3rd September 2009

With house prices stablising is this signalling the market is likely in recovery mode? A report from the National Association of Estate Agents (NAEA) details that the number of hou... read more

Housing boom a long way off Wednesday, 2nd September 2009

Surveyors say that there is little chance of a quick return to a housing boom despite the possibility of UK prices rising over the course of the year. The Royal Institution of Char... read more

Mortgage Lenders making big profits Friday, 28th August 2009

As an indicator of just how much borrowers are paying for mistakes made by banks during the credit crunch, mortgage lenders are reaping huge profits on fixed-rate mortgages, with t... read more

Increase in House Prices Thursday, 27th August 2009

According to the latest Nationwide House Price Index house prices rose for the fourth month in a row during August as demand for properties continued to outweigh supply,The average... read more

Is housing activity picking up? Tuesday, 4th August 2009

A growing number of analysts believe prices have bottomed out as bricks and mortar activity picks up. A third of adults believe now is a good time to invest in property and ... read more

House price increase Friday, 31st July 2009

According to the results of the latest Nationwide House Price Index, house prices rose for the third consecutive month in July. While the three-month figure increased from 1% i... read more

Lending into retirement Thursday, 30th July 2009

In the interest of ensuring the long term affordability of mortgage debts, Abbey's recent announcments regarding its new lending criteria should be greeted in a positve manner. ... read more

New mortgages over priced Wednesday, 29th July 2009

UK regulators are back in the news following the Daily Mail investigation which alleges that the average UK mortgage is now £1800 a year more expensive than it should be, due to th... read more

Fixed Rate Mortgages as described by London Mortgage Broker, London Mortgage Advice Tuesday, 28th July 2009

Fixed rate There follows a desacription of a fixed rate mortgage. With a fixed rate mortgage your monthly payment will not alter for the period of the fixed rate. If you... read more

Home accidental damage claims increase Monday, 27th July 2009

There is a significant rise in home insurance claims from accident prone Britons. Claims analysis accidental damage/loss by Greenbee Home Insurance (part of the John Lewis Partn... read more

Fixed rates still popular Friday, 24th July 2009

According to various reports fixed rates remained popular last month. The proportion of buyer choosing fixed rates increased further to a record 3 quarters of all applicants cho... read more

Property Prices from London Mortgage Broker, London Mortgage Advice Thursday, 23rd July 2009

Two separate surveys suggestthe sluggish UK economy is likely to mean that house prices will not see any "meaningful" recovery for some time. The Royal Institution of Chartered Su... read more

Buy now or the bargains will have gone! Wednesday, 22nd July 2009

Have you missed the opportunity to bag yourself a bargain? Is now the time to buy, or is it wiser to hold fire until concrete evidence emerges that house prices are finally startin... read more

Signs that mortgage lending may strengthen says London mortgage broker, London Mortgage Advice Tuesday, 21st July 2009

The Bank of England said,U.K. mortgage approvals by the nation’s six biggest banks increased in June in a sign real- estate lending may strengthen. According to a sample from th... read more

Mortgages to become more expensive? Monday, 20th July 2009

The cost of wholesale funding will make mortgage even more expensive in the near future, lenders have warned. The return of high loan to value mortgages are unlikely in the current... read more

Equity Release Friday, 17th July 2009

A total of 5,328 new equity release customers were recorded by trade body SHIP.Demand for equity release rose five per cent in the second quarter of 2009, data from the industry ... read more

Bring back 90% plus mortgages Thursday, 16th July 2009

Lenders should resume normal risk-based lending and to increase loan-to-value amounts (LTVs) to a minimum of 90%. First-time buyers hold the key to building the momentum behind... read more

Surveyors more optimistic reports London Mortgage Advice Wednesday, 15th July 2009

According to the Royal Institution of Chartered Surveyors (RICS). price expectations rose for the first time since May 2007, supported by low levels of stocks on surveyors' books a... read more

Mortgage lenders' increased margins Tuesday, 14th July 2009

By hiking their margins on loans to an all-time high, mortgage lenders are cashing in on a resurgence in buyer demand. Even as lenders have seen their borrowing costs tumble, th... read more

Fixed rates increasing? Asks London Mortgage Broker, London Mortgage Advice. Monday, 13th July 2009

Even though swap rates have continued to fall during the past month, the cost of fixed-rate mortgages continues to rise, At just over a half percent higher than 4.67% at the b... read more

Nearly one in four cannot get a mortgage Friday, 10th July 2009

Figures released by the National Association of Estate Agents show that 22.5 per cent of homeowners said they could not secure a new deal for a home loan. Nearly one-in-four borrow... read more

Return of the 125% mortgage reports London Mortgage Broker, London Mortgage Advice. Thursday, 9th July 2009

Britain’s biggest building society has now reintroduced the 125% mortgage, calling it a “very niche” product. The 125% mortgage was seen as one of the products on the more foolish ... read more

Mortgage perceptions are confused Wednesday, 8th July 2009

According to Unbiased the public believes they are unable to get a suitable mortgage due to lenders low income multiples. Tightening of lending criteria over the last six months... read more

Credit to become more readily available? asks London Mortgage Broker, London Mortgage Advice. Tuesday, 7th July 2009

Lenders expect to make credit more readily available to households and businesses over the next three months, after increasing lending over the last quarter, the Bank of England’... read more

Should you fix your rate? Monday, 6th July 2009

The benefits of an historically low Bank Base Rate have not been passed on to many borrowers with some existing borrower rates as high as 5.5%. What is potentially more worrying ... read more

Sold signs up, says London Mortgage Broker, London Mortgage Advice. Friday, 3rd July 2009

Since April 2008, sold signs have been sprouting across the country, increasing to their highest number. The number of Sold signs instructed by agents in June rose to the highe... read more

Can we rely on the latest house price increase? Thursday, 2nd July 2009

There has been reaction by property experts to yesterday's Nationwide Monthly House Price Index which saw a 0.9% in June. Some say that it highlighted renewed buyer enthusiasm f... read more

House Prices Increase Again Wednesday, 1st July 2009

The latest news from NATIONWIDE regarding the cost of buying a house has now been publshed and it makes interesting reading. House prices increased by 0.9% in June, raising the ... read more

Fixed rate are the most popular mortgage deal says London Mortgage Broker, London Mortgage Advice Tuesday, 30th June 2009

87 per cent of home owners opting for this type of product as fixed-rate mortgages are dominating this sector of the loans market. In the second quarter of 2009 there was a 16 ... read more

Buy to let mortgages Monday, 29th June 2009

Research shows buy-to-let landlords are losing their properties at over three times the rate of other homeowners. 1,700 buy-to-let properties were repossessed by lenders in the fi... read more

Britain doing better that europe on house prices Thursday, 25th June 2009

A study said on Wednesday says that European house prices sinking in the global economic crisis are likely to fall further next year although the British market may steady Stan... read more

Borrower are going for fixed rate mortgages Wednesday, 24th June 2009

It has been claimed that the majority of mortgage borrowers chose to fix their mortgage deal in the first quarter of this year, Some 87 per cent chose a fixed-rate mortgage prod... read more

Increase in mortgage approvals says London Mortgage Broker, London Mortgage Advice Tuesday, 23rd June 2009

Approvals for house purchases rose to 31,162 in May, up 15.8% compared with the same month a year ago as mortgage approvals by the UK's major banks have continued the steady rise o... read more

Flood Insurance Concerns continue says London Mortgage Broker, London Mortgage Advice. Monday, 22nd June 2009

Following news that one in six homes is at risk as rainfall across the country increases with many potentially facing the insurance nightmare of affordable insurance cover being wi... read more

Increase in mortgage approvals says London Mortgage Broker, London Mortgage Advice Monday, 22nd June 2009

House purchases rose to 31,162 in May, up 15.8% compared with the same month a year ago as mortgage approvals by the UK's major banks continued the steady rise of the last six mo... read more

The trouble with HIPS Friday, 19th June 2009

One in ten agents believed that the number of people selling would DOUBLE if HIPs were taken off the market a survey of members by the National Association of Estate Agents (NAEA... read more

Mortgage Rates to rise? Wednesday, 17th June 2009

Facing their first rise in mortgage rates for a year homebuyers in a move by banks and building societies could extinguish the recent recovery in the housing market. For one, ... read more

Few 90% Mortgage Deals Tuesday, 16th June 2009

Within the current mortgage market it even more difficult for first-time buyers to get on the property ladder where.In just two-and-a-half years, mortgages requiring a 10% deposit ... read more

Modest Growth Prediction, reports London Mortgage Broker, London Mortgage Advice Monday, 15th June 2009

The Confederation of British Industries,CBI predicts that UK GDP, supported by low interest rates and quantitative easing, should flatten out during the second half of 2009, with q... read more

New buyer enquiries on the increase, reports London Mortgage Broker, London Mortgage Advice Wednesday, 10th June 2009

Latest statistics from RICS show a further increase in both new buyer enquiries and sales, as well as a reduction in the level of stocks on surveyors books has begun to provide s... read more

Lloyds to disband all C & G branches, says London Mortgage Broker, London Mortgage Advice Tuesday, 9th June 2009

With the closure of all its 160 UK Cheltenham & Gloucester (C&G) branches with the loss of 1,500 jobs, Lloyds Banking Group is announcing further job losses today. Lloyds Since ... read more

Property Prices increase, by London mortgage broker, London Mortgage Advice Friday, 5th June 2009

According to the Halifax House Price Index, UK property prices increased by more than £4,000 in May, with the average house price rising by 2.6% during the month, the biggest month... read more

When's the recovery? Thursday, 4th June 2009

There were genuine fears that we could be about to see a collapse of the financial system. But the government predicts there will be growth next year There is a fresh optimism in... read more

Increase in Property Prices, says london mortgage broker, london mortgage advice. Wednesday, 3rd June 2009

The annual rate of house price falls eased from 15% in April to 11.3%, with a typical home now costing £154,016. House prices fell by 0.5% compared with the previous three-month ... read more

Hints at Recovery says London Mortgage Broker, London Mortgage Advice Tuesday, 2nd June 2009

In the UK property market, for those investing, there have been different levels of optimism among recent indicators. News around the turn of the year that buyer enquiries were on ... read more

Mortgage approvals looking better Friday, 29th May 2009

In a sign the housing market may be stabilising after a very sharp slide, the BBA said the number of mortgages approved for house purchase rose to a seasonally adjusted 27,685 in ... read more

Remortgage Fears Wednesday, 27th May 2009

Tighter lending criteria mean that homeowners may struggle to remortgage, according to some experts. Millions of homeowners with mortgage deals that expire over the next year are i... read more

Mortgage lending down says London Mortgage Broker, London Mortgage Advice. Tuesday, 26th May 2009

The British Bankers' Association (BBA) said today, mortgage lending from high street banks slumped to an eight-year low in April, but there were also signs of an increase in homebu... read more

Help with Mortgage Payments Tuesday, 26th May 2009

As part of a new government and banking initiative,homeowners struggling to meet their mortgage debt could be offered lower monthly repayments With other institutions lined ... read more

Woolwich Offset Tracker Mortgage Friday, 22nd May 2009

Offsetting like this reduces the amount of interest you need to pay the lender each month. So you can either simply pay less each month, or keep payments the same and pay off y... read more

Self Cert Mortgages Thursday, 21st May 2009

After the Financial Services Authority admitted that allowing their growth was one of the key mistakes made during the housing boom, self-certification mortgages, often branded i... read more

House Market Recovery? Wednesday, 20th May 2009

The National Association of Estate Agents (NAEA) reported that property sales in April were at their highest since October 2007 which gives further evidence that the housing market... read more

Expats heading home says London Mortgage Broker, London Mortgage Advice Tuesday, 19th May 2009

Britons are reluctantly taking the decision to return to Britain from Spain. Many are saying that they cannot make it work any more financially and that although would love ... read more

First Times Buyer Blues Monday, 18th May 2009

Despite the fact that house prices have fallen, analysis from moneysupermarket.com has revealed ,frst time buyers continue to be priced out of the mortgage market. Just six per ... read more

Mortgage debt servicing lower Friday, 15th May 2009

According to the latest monthly lending survey from the Council of Mortgage Lenders, First-time buyers and home movers are benefiting from the lowest debt servicing costs since 2... read more

Landlords struggling to pay the mortgage Thursday, 14th May 2009

Landlords are struggling to meet their mortgage repayments in thier thousands as the economic downturn devastates the buy-to-let market. Many are months behind with mortgage pa... read more

Life returning to Britain's economy says London Mortgage Broker, London Mortgage Advice ltd Wednesday, 13th May 2009

Britain's battered economy is seeing sterling surged to a four month high amid further signs of life. Manufacturing and jobless figures were better than traders expected,who... read more

When to buy? That is the question Tuesday, 12th May 2009

Is now the time to buy, or is it wiser to hold fire until concrete evidence emerges that house prices are finally starting to rise again? As the average price of your home has... read more

FIXED RATE DEALS UP Monday, 11th May 2009

Over the last two months,average fixed-rate mortgage deals have increased, even though the Bank of England kept interest rates at an historic low of 0.5 per cent this week and pu... read more

Mortgage Fraud in Texas Sunday, 10th May 2009

A woman in the Lone Star State of Texas was sentenced to 99 years in prison for mortgage fraud. Yes, you read that correctly: nearly a century in jail. Though other recent Texas mo... read more

Affordability for first time buyers improved Friday, 8th May 2009

Halifax has reported a significant improvement in the mortgage payments to earnings ratio in its latest First Time Buyer Affordability Review. Mortgage repayments account for ... read more

40% Deposit Mortgages Rule says London Mortgage Broker, London Mortgage Advice Thursday, 7th May 2009

If you have a 40 per cent deposit,first time buyers and and existing borrowers have their pick of mortgage deals. In the past six months,, the number of new mortgage products ... read more

Letting Agents to be Licensed Wednesday, 6th May 2009

The Association of Residential Letting Agents (Arla) is introducing a licensing scheme for its UK members and a code of practice for letting agents. In a separate measure, mi... read more

Mortgage Repayment Tuesday, 5th May 2009

Time for a recap! Mortgage repayment refers to the process of repaying a loan taken out to buy a property. The amount to be repaid is usually measured in tens or hundreds of tho... read more

Fixed rates to become more popular. Says London Mortgage Broker, London Mortgage Advice. Friday, 1st May 2009

According to research recently conducted ti is revealed that fixed-rate mortgage products may become popular in the near future, thanks to the currently low base rate. It has ... read more

A slight fall in house prices Thursday, 30th April 2009

Fionnuala Earley, Nationwide's Chief Economist, said: “The price of a typical house fell by 0.4% in April. This reverses some of the rise seen in March, but is in line with our... read more

House Prices and Credit Availability, London Mortgage Broker, London Mortgage Advice. Wednesday, 29th April 2009

After tumbling for every month since October 2007, British homeowners were treated to a rare respite on Thursday. House prices finally rose, albeit by a tiny amount, in March, ac... read more

Nationwide Mortgage Broken Promise. Tuesday, 28th April 2009

Although promising that Nationwide mortgage holders would never pay more than 2% above the Bank of England base rate, one of the U.K.'s best-known mortgage providers has turned a... read more

House Swap, from London Mortgage Advice Monday, 27th April 2009

Recently, the number of homeowners looking to swap their homes instead of selling them has increased dramatically as the housing downturn has deepened. Over 6,000 properties have b... read more

Mortgages from Northern Rock. Friday, 24th April 2009

London mortgage broker, london mortgage advice. Northern Rock, the nationalised mortgage lender, is planning a major mortgage initiative, lending up to £14 billion to prospect... read more

The Homeowner Mortgage Support Scheme, London Mortgage Advice Thursday, 23rd April 2009

The Homeowner Mortgage Support Scheme, announced by Gordon Brown in December, was supposed to help all homeowners - however some of Britain’s biggest lenders have declined to parti... read more

Homeowner Mortgage Support Scheme Wednesday, 22nd April 2009

Homeowner Mortgage Support Scheme – a new Government initiative which allows households at risk of repossession to defer up to 70% of the interest on their monthly mortgage paymen... read more

Buy to Let Mortgages, London Mortgage Advice Tuesday, 21st April 2009

Buy to let mortgages have soared In 2006, 10% of all mortgages taken out by UK homeowners (a record £17.5 billion) were buy-to-let mortgages - highlighting growing popularity. In... read more

Should you fix your rate now?, asked by London Mortgage Advice, North London Mortgage Broker Monday, 20th April 2009

Is there going to be a battle over fixed rates? We ask this after Banks and building societies have begun cutting the cost of their mortgages following the Bank of England half-p... read more

Negative Equity from London Mortgage Advice Friday, 17th April 2009

About 900,000 homeowners are currently in negative equity says a new research article by James Tatch, senior statistician at the Council of Mortgage Lenders. But, the research... read more

Flexible Mortgages Thursday, 16th April 2009

The general features on offer from lenders who offer a range of different flexible mortgages in the UK, are as follows: -Change the regularity of your repayments -Make unde... read more

Equity release mortgages Wednesday, 15th April 2009

Recession could boost appetite for equity release.The equity release sector could potentially gain from the recession as income from savings is squeezed by unprecedented low int... read more

New Landlords Beware! Tuesday, 14th April 2009

Those who own their own home who have become landlords to avoid selling for a loss on their properties are taking serious risks if they let out their property without complying wit... read more

New HIP rules begin today says London Mortgage Advice Monday, 6th April 2009

From today marketing a property is now illegal until most of a HIP – complete with an answered Property Information Questionnaire – has been compiled. For the HIP industry, it m... read more

Dealing with estate agents. from mortgage broker London Mortgage Advice. Sunday, 5th April 2009

When dealing with estate agents in England, Wales and Northern Ireland, what rights do homebuyers have?Is the estate agent obliged to pass on if I have put an offer in on a flat? T... read more

House Price Views Friday, 3rd April 2009

First time since October 2007,the price of a typical house increased in March rising by 0.9% during the month, according to the Nationwide. There are reasons to be positive ab... read more

Utility Bills to go up for London mortgage holders Thursday, 2nd April 2009

Suppliers are to put up water rates, as millions of households are set to see their annual utilities bills rise still further Due to come into effect today (April 1st), The ... read more

Mortgage approvals jump Wednesday, 1st April 2009

The Bankd of England say that the number of mortgages approved for house purchase jumped by 19 per cent during February. Also consumers made the biggest net repayment of loans s... read more

Rental a good investment Tuesday, 31st March 2009

The reduction in the Bank of England's Base Rate is lilely to benefit the private rented sector as cash rich investors look for alternatives to poor returning savings accounts. ... read more

Nationwide to take over Dunfirmline BS Monday, 30th March 2009

Britain's larger building society, Nationwide is to buy core elements of the Dunfermline Building Society. It has taken over £2.4 million of retail deposits, representing the ac... read more

Middle classes property prices worst hit Friday, 27th March 2009

The value of family three and four-bedroom houses has been the worst hit in the housing market slump according to a report that comes form the National Association of Estate Agents... read more

Buy to let mortgages, London mortgage broker, London Mortgage Advice Thursday, 26th March 2009

Essentially there is little difference between the process that one follows for a buy to let mortgage in the UK than there is for any other type of mortgage. The lender still has... read more

Different types of mortgages, from London Mortgage Advice Wednesday, 25th March 2009

Confused? what with falling house prices affecting loan-to-value (LTV) ratios, brokers calling the bottom of the fixed-rate market and risk-averse lenders rejecting loans. Six mo... read more

The future of mortgage interest rates. London mortgage broker, London Mortgage Advice Wednesday, 25th March 2009

Lord Turner, chairman of the Financial Services Authority has highlighted that holding out for cheaper fixed mortgage deals could be a waste of precious time. According to h... read more

Credit Checks Wednesday, 25th March 2009

As the impact of the Credit Crunch reverberates through the economy the effects reach ever further, often taking individuals and companies unaware, no less an example can be found ... read more

Fixed rates are popular Tuesday, 24th March 2009

It is a fact that fixed rate pricing has only really stared to come down in the past few months, and even then only for those borrowers with a hefty deposit. There has been a g... read more

Mortgage Restictions on the horizon Monday, 23rd March 2009

Could it be that the Financial Services Authority (FSA) imposes restrictions on the initial size of mortgages in the future? A review of banking regulation by Lord Turner says... read more

New Banks Friday, 20th March 2009

Could supermarkets pose a greater threat to the traditional financial services companies in the next decade than anything else. This might be the result if a survey was conduc... read more

Offset Mortgages, London Mortgage Advice Tuesday, 17th March 2009

Offsetting savings against their mortgage, could be a good idea for savers looking to make the most of their money. In the current economic climate offsetting savings against ... read more

Protectioning your Mortgage Monday, 16th March 2009

You may think doing without such mortgage payment protection will save you money each month, but if things do suddenly take a turn for the worse, you will soon realise what a fal... read more

Repossession Saturday, 14th March 2009

If you are in trouble with your mortgage payments, do not ignore the problem. When you fall into arrears, your lender should contact you, asking you to put the problem right. ... read more

Mortgage lending slump Thursday, 12th March 2009

In January as buyers were forced to come up with record deposits to secure a loan, mortgage lending slumped dramatically Lending criteria tightened further over the month in... read more

Fixed Rate Mortgages as described by London Mortgage Advice Tuesday, 10th March 2009

With a fixed rate mortgage your monthly payment will not alter for the period of the fixed rate. If you are the kind of person that likes the reassurance of knowing exactly w... read more

To Fix or Not to Fix-Now Sunday, 8th March 2009

Will there be a battle over fixed rate deals?I ask this after Banks and building societies have begun cutting the cost of their mortgages followings last week’s Bank of England h... read more

Fixed Rates Getting More Popular Friday, 6th March 2009

Borrowers are becoming more keen to take up lower rate deals yet enjoy stable repayments for a fixed period of time to help them to budget more easily in the current difficult fi... read more

Bankrupcy Thursday, 5th March 2009

In the period from 2008 to 2009 there will be an estimated £32,900 bankruptcies as the recession bites harder. This represents a threefold increase on the period 2006 to 2007 I... read more

Housing market moving a little Wednesday, 4th March 2009

. People buying houses are demanding bargains as expectations continue for property prices to fall. There are homes being put up for sale and more are also finding buyers, ... read more

Mortgage News from London Mortgage Advice Tuesday, 3rd March 2009

Northern Rock is expected to reveal that more than 170,000 of its borrowers are in negative equity when it publishes its 2008 annual results this week. And what is more, Lloy... read more

Rental Values Down Friday, 27th February 2009

There has been a near doubling in the number of rental properties on the market. And this is driving down average rents. The rise in rental properties was being driven by pe... read more

Affordability Thursday, 26th February 2009

Recent indications of renewed interest in housing, as reported by the pick up in new buyer enquiries, have yet to filter into sales, but do suggest that falling prices and intere... read more

Unfair Fixed Rates Wednesday, 25th February 2009

Increasing interest rates on fixed rate deals are being imposed by lenders on borrowers who cannot put down big deposits. Cheaper deals have been only for homebuyers who can ... read more

Northern Rock Tuesday, 24th February 2009

In a series of measures due this week to revive the U.K. banking industry, Chancellor of the Exchequer Alistair Darling ordered Northern Rock Plc to expand lending by 14 billion po... read more

Negative Equity Friday, 20th February 2009

With house prices continuing to fall by a further one per cent in January, many of the UK's mortgage holders are very concerned about negative equity. This is because a large propo... read more

Mortgage lending way down Thursday, 19th February 2009

The state of the housing market is still dire as mortgage lending fell to a record low in January. The figures are down 8.4 per cent from £13.5 billion in December and down 5... read more

House Prices Up is misleading Wednesday, 18th February 2009

Due to misplaced optimism and a shortage of property among those marketing their properties property prices have shown a sudden increase. This lack has prompted sellers and a... read more

Fix Now? Tuesday, 17th February 2009

Have interest rates bottomed out and may they even begin to climb? This is the question following the decision by Halifax to increase the cost of two-year fixed-rate home loans. ... read more

Lenders not playing ball Monday, 16th February 2009

Just as the cost of funding mortgages fell sharply last week and with the Bank of England signalling that their interest rates could soon come down to zero, so Britain’s biggest ... read more

Housing Market still Poor Thursday, 12th February 2009

House sales fell to 9.9 per agent in the three months to the end of January, down from 10.0 in the three months to December and the lowest figure since the survey began in 1978 i... read more

Cautious Lenders Wednesday, 11th February 2009

Lloyds Banking Group, incorporating Halifax and Lloyds TSB, HSBC, and the Royal Bank of Scotland have signed up to the initiative to identify borrowers who are about to slip into... read more

When will banks lend us our money Wednesday, 11th February 2009

Our biggest banks are still refusing to lend money to homebuyers, small businesses and consumers. Us taxpayers, own the majority share of some of our biggest banks, including Royal... read more

Halifax report house price increase Tuesday, 10th February 2009

There may be signs of an increase in activity in the housing market, although at rather a low level, with figures showing that the number of mortgages approved to finance propert... read more

Sale and Rent Back Monday, 9th February 2009

Sale and rent-back has grown with increasing household debt and repossessions, and has attracted negative publicity. Owners who have often failed to sell their properties through... read more

Base Rate Cut Unhelpful? Friday, 6th February 2009

The Bank of England rate cut may only help a few borrowers and definately will not help savers and pensioners. Unfortunately the base rate is confusing potential borrowers in... read more

Mortgage deposit squeeze Thursday, 5th February 2009

It is expected by the Bank of England that banks and building societies will pull back still further in their lending in the coming months, as mortgage lenders are continuing ... read more

House Prices Bottoming out? Thursday, 5th February 2009

When it comes, the recovery in house prices could be sharper and swifter than people expect, according to property experts. While mortgage lending and house prices continue to fa... read more

Equity release Wednesday, 4th February 2009

Equity release plans allow you client to release tax-free cash from your home to boost your finances in retirement. The two main types of equity release plans available are lifet... read more

Moving to a property of lesser value Tuesday, 3rd February 2009

Householders who are in difficulty with mortgage payments should look to downsize. If you extend the term of your mortgage and downsize from a £200,000 mortgage on a £250,000... read more

Interest Rate Cuts Monday, 2nd February 2009

Here is an announcement for Arian Coles, Director General or the Building Societies Association. Falling interest rates have been of benefit to variable rate mortgage borrower... read more

Larger deposits required Sunday, 1st February 2009

In the past month the proportion of new mortgage deals requiring at least a 25% deposit has risen, from 54% to 60%. Mortgage lenders are continuing to demand larger deposits as ... read more

Tracker Margins Friday, 30th January 2009

With the Bank of England base rate at a very low point, tracker deals have become increasingly popular but the margins on tracker mortgages are increasing. Lenders have been i... read more

Mortgage Fraud Wednesday, 28th January 2009

The Financial Services Authority (FSA) has increased its fight against mortgage fraud and says it recognises the social harm caused by such activity. It is is working on mort... read more

The Mortgage Market Monday, 26th January 2009

Getting a mortgage these days is not impossible. It is just slightly harder than it was a year or so ago. If you have got a good credit history, a good job and a depos... read more

Overpay your mortgage Sunday, 25th January 2009

Thousands of pounds worth of interest can be saved by tracker customers if they choose to overpay their mortgage. Householders who own their property should use recent cuts... read more

Mortgage arrears on the increase Friday, 23rd January 2009

It is reported by The FSA, which oversees mortgage lenders, that homeowners are increasingly struggling to keep up mortgage payments, with the number of loan accounts in serious ... read more

Recession Thursday, 22nd January 2009

There is speculation that this latest bout of reality could see UK mortgage lenders change the landscape of the mortgage industry forever as the ongoing impact of the UK recession ... read more

Bridging Loans Thursday, 22nd January 2009

For investors, the question right now is: where do I put my money? The economic downturn has affected everyone. Brokers are struggling, retailers are closing, companies are s... read more

London House Prices Wednesday, 21st January 2009

House prices are falling faster in London than anywhere else in the country. According to the Centre for Economics and Business Research (CEBR) house price poll-of-polls, proper... read more

Conforming jumbo narrows Wednesday, 21st January 2009

The spread today may have set a record – the spread was .75% at day’s end! I have read that part of what causes the spread is the FNMA MBS pool requirement that a maximum of 10% ... read more

Mortgage Nightmare Tuesday, 20th January 2009

Fears of redundancy and higher bills mean more than 700,000 people have already asked their lenders for a mortgage payment holiday. And up to three million struggling homeowne... read more

Finance News Tuesday, 20th January 2009

The Bank of England’s Monetary Policy Committee voted 9-0 to cut interest rates further from 3% to 2% this month, in a bid to halt the economy slipping into recession; the minute... read more

First Time Buyer Mortgages Slump Monday, 19th January 2009

The housing market has slumped. It is difficult for first-time buyers to get a foothold on the property ladder. First-time buyer mortgages are down some 57 per cent on one year ago... read more

Mortgages becoming more affordable Friday, 16th January 2009

Those able to get a mortgage are stretching themselves less financially and beginning to benefit from reductions in bank rate according to the Council of Mortgage Lenders Lend... read more

Homebuyer purchases still low Thursday, 15th January 2009

House sales have falledn to another record low awith estate agents predicting worse to come. The latest survey from the Royal Institution of Chartered Surveyors (Rics) has show... read more

Interest Rates Wednesday, 14th January 2009

With the cust in interest rates to 1.5% there is no guarantee that all mortgages will be cheaper. In the boom years, anyone with any sense would remortgage to a better mortgage d... read more

GREEN HOMES Wednesday, 14th January 2009

Mortgage and House News Energy and Climate Change Secretary Ed Miliband is to to unveil a new heat and energy-saving strategy aimed at cutting emissions from homes by 30 per cen... read more

Government help for homeowners Tuesday, 13th January 2009

For homeowners who are struggling to make their mortgage payments after becoming unemployed the Government has announced that it will provide more help. Thousands more househ... read more

Mortgage Rationing getting Tougher Monday, 12th January 2009

The proportion of new mortgage deals requiring at least a 25% is rising. A quarter of all deals on offer in fact require a 40% deposit, according to the information service M... read more

Best Interest Rates Restricted Friday, 9th January 2009

Low risk borrowers are best placed to get mortgages. the average price for a two-year mortgage deal was 5.90 per cent, down from 6.38 per cent in the previous quarter. For th... read more

Cut in Base Rate Thursday, 8th January 2009

Interest rate has been cut buy the Bank of England by 0.5% to 1.5%, the lowest level in the Bank's 315-year history. The decision has been met with mixed reviews however, with ... read more

London Properties and the Dollar Rich Wednesday, 7th January 2009

As the value of sterling plummets along with house prices and transaction levels so dollar-rich buyers are getting ready to swoop in prime central London,. They are mainly from ... read more

Bank using any excuse not to lend Tuesday, 6th January 2009

Applicants for homeloans are being turned down for mortgage finance for "the most spurious reasons", it has been claimed. A Daily Mail investigation has revealed that applicati... read more

No Protection Insurance is Risky Saturday, 3rd January 2009

The research looks at how homeowners believe they would cope financially if put out of work for a long period of time through illness or injury. 61% of respondents said they would ... read more

Bad Recession Friday, 19th December 2008

This is a bad recession The downturn has come upon us quickly and it will take a long time to go. The banks must take a huge amount of the blame for the current conditions. ... read more

New Home Owner Schemes for North London Thursday, 18th December 2008

Eligible first-time buyers will be able to apply for a new Government scheme from early 2009 by contacting a HomeBuy agent in their region. The Government has unveiled a deal wor... read more

First Time Buyer Mortgage in North London Tuesday, 16th December 2008

“We are determined to give families real help in the current economic climate. For many young families who aspire to own a home, the difficulties in the housing market have made th... read more

Abbey Insurance Monday, 15th December 2008

Abbey - We’ve got cover to suit you At Abbey, we think insurance should give you all the cover you need, and be straightforward to set up too. So we’ve made our options clear ... read more

Tracker deals save thousands Friday, 12th December 2008

Many homeowner will be better off because their tracker mortgages have become much cheaper over the last few months. Many have used this time to pay back into their mortgage the... read more

Euro rates down Thursday, 11th December 2008

The European Central Bank has lowered interest rates by 0.75% to 2.5% following the announcement that the Bank of England had reduced rates from 3% to 2%. Sweden slashed inter... read more

Mortgage Crisis Monday, 1st December 2008

There has been a shortage of liquidity in the banking system causing mortgages to be more expensive and difficult to get.Ever since US subprime mortgage companies had to write off ... read more