Category: Finance

Twelve tips to save money this Christmas

We’ve all been there; you’ve spent too much money on countless Christmas drinks parties and general winter comforts for yourself, leaving Christmas shopping to the last minute only to realise your actual budget is a fraction of what you hoped … Continue reading

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Posted by: Leanne Halsey Categories: Money Saving Tips, Savings Tags: , , , , , Comments Off

1 in 10 of us will get a second job to cover the cost of Christmas

New research shows that 21.2 million people are looking at other ways to help them raise funds to pay for Christmas. According to a survey from Scottish Friendly, 1 in 5 Londoners will be looking for a second job to … Continue reading

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Posted by: Samantha Turner Categories: Economy, Finance, Uncategorized Tags: , , , , , Comments Off

Fixed-rates for mortgage plans reach new low

The steady decrease in fixed-rate mortgage prices continues as HSBC announce new mortgage plan with a five-year fixed-rate of 2.48%, edging ever closer to the record lows set by Yorkshire Building Society at 2.44% in August 2013.

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Posted by: Leanne Halsey Categories: Latest News, Mortgages Tags: , , , , Comments Off

Barclays prepares to launch ‘video call’ banking

Barclays customers are to be the first able to conduct face-to-face video calls with their branch’s advisers from the comfort of their own homes, in the latest consumer-orientated move made by lenders aware of the flourishing digital age the world … Continue reading

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Posted by: Leanne Halsey Categories: Finance, Technology Tags: , , , , , , Comments Off

Mortgage approvals fall by 16% on the previous year

Mortgage approvals continue to tumble month-on-month suggesting the Bank of England’s (BoE) crackdown on the lending sector is having a decidedly dampening effect on the housing market.

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Posted by: Leanne Halsey Categories: Mortgages, Property Market, Property News Tags: , , , 1 Comment

Santander to break the mould with launch of lifetime mortgages in 2015

  British borrowers who find themselves unable to afford their repayments from their interest-only mortgages at the point of their expiry will be able to acquire a fresh mortgage deal till they die, as Santander officially unveiled plans to provide … Continue reading

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Posted by: Leanne Halsey Categories: Finance, Industry News, Mortgages Tags: , , , 1 Comment

Bank of England proposals could require a third of new landlords to put down larger deposits

  The Bank of England have recently outlined a new proposal to impose stricter lending criteria for buy-to-let investors. If agreed, these extra powers could see new buy-to-let landlords having to put down a 40% deposit in order to secure … Continue reading

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Posted by: Leanne Halsey Categories: Industry News, Letting, Mortgages Tags: , , , , , , 1 Comment

Mortgage approvals fall month-on-month; a clear sign the housing market is slowing down

The number of mortgage approvals made by lenders for September fell 10% on the previous year, representing a 14 month low in mortgage lending activity in a clear indication that the housing market is undergoing its greatest slowdown in recent … Continue reading

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Posted by: Leanne Halsey Categories: Industry News, Mortgages, Property Market Tags: , , , Comments Off