Tag: Mortgage

Middle Aged borrowers struggling to take out mortgages – effect of new lending rules ‘a major challenge’

Middle Aged borrowers struggling to meet Mortgage affordability regulations, newly specified in April’s Mortgage Market Review, mean lenders have re-vamped their requirements for loan approvals. Banks & building societies are now considering a borrower’s post-retirement income before sanctioning a mortgage … Continue reading

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Posted by: Leanne Halsey Categories: Finance, Mortgages Tags: , , , , Leave a comment

Funds running short for Help to Buy in Scotland

Funds set aside for the Help to Buy scheme in Scotland have run out only three months into the financial year leading many would-be buyers’ dreams of home ownership to crumble.

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Posted by: nicolasevern Categories: Buying, Economy, House Prices, Property News, Uncategorized Tags: , , , , , , Leave a comment

May Mortgage approvals dipped to lowest levels since June 2013

According to the Bank of England the number of mortgages approved in May was at its lowest level since June last year.

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Posted by: nicolasevern Categories: Finance, Industry News, Mortgages, Property News Tags: , , , , Comments Off

Rate rise of just 1% could send thousands into mortgage arrears, says UK Asset Resolution

Thousands of existing mortgage holders could be at financial risk of falling into arrears with their repayments if the Bank of England raises their base rate by just 1% in the near future, according to the chief of the “bad … Continue reading

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

Mortgage lending increase provokes debate

Increased mortgage lending in April indicates a buoyant market with demand for property at its highest level for some time.

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Posted by: nicolasevern Categories: Buying, Economy, Estate Agents, Industry News, Latest News, Mortgages, Uncategorized Tags: , , , , , , , , Comments Off

Are Homebuyers Feeling Hesitant?

A new survey released this week suggests that the average Brit looking to move house or purchase their first home actually consider these plans for around 3.6 years. This survey conducted by GoCompare shows that 52% of Brits are considering … Continue reading

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Posted by: Samantha Turner Categories: Finance, House Prices, Industry News, Latest News, Property Market, Property News, Uncategorized Tags: , , , , , , , , , Comments Off

Broker battle for Help to Buy mortgages heats up

Prospective property owners across the UK have been given a significant boost this week as a number of new and attractive help to buy mortgages have been placed on the market for them to choose from. The new deals are … Continue reading

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Posted by: Samantha Turner Categories: Finance, Industry News, Latest News, Mortgages, Property News, Uncategorized Tags: , , , , , Comments Off

Six signs that you could be a financial adult

“Tonight let’s get some – and live while we’re young!” goes the song, and for many of us, that’s what we do when we’re youthful and beautiful, and spend what money we have (and often don’t have) like there’s no … Continue reading

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Posted by: Jessica Odell Categories: Finance Tags: , , , , , Comments Off