| 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...
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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...
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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 ...
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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 ...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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, ...
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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 ...
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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...
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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...
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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 ...
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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...
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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...
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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 ...
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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 ...
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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 ...
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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...
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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...
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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 ...
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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...
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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...
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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...
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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 ...
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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 ...
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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...
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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...
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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...
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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...
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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...
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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...
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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 ...
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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 ...
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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...
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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...
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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 ...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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 ...
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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...
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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.
...
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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...
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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...
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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...
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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...
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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...
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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 ...
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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...
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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...
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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...
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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 ...
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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...
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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. ...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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 ...
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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...
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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...
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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...
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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.
...
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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 ...
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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...
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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...
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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...
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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...
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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...
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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...
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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 ...
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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...
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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...
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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...
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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...
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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 ...
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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...
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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...
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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...
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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 ...
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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 ...
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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...
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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...
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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%
...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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 ...
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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 ...
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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...
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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 ...
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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...
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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...
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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 ...
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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...
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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...
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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 ...
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