Tag: Mortgage

The MMR Muddle

If you’re looking to buy a new home it’s likely that you’ve heard about the recent changes to the new mortgage lending criteria which were introduced earlier this year.  But do you understand exactly what the Mortgage Market Review is … Continue reading

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

Housing Market cools for the first time this year

Asking values for houses fell for the first time this year, as freshly gathered data shows a potential cooling period in the housing market.

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

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: , , , , Comments Off

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: , , , , , , Comments Off

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