Tag: Mortgage

Banks favour borrowers with a 25% deposit

Banks are tightening their criteria for lending money to borrowers. Official figures show that they are shunning those with lower deposits in favour of people who have more money to put down initially.

avatar
Posted by: Samantha Turner Categories: Economy, Finance, Uncategorized Tags: , , , , Comments Off on Banks favour borrowers with a 25% deposit

Mortgage rates continue to fall

Record low interest rates have already been seen in two and five year fixed rate mortgage plans, but recent figures show that it is four year fixed rate plans that have seen the starkest drop – with Chelsea Building Society’s … Continue reading

avatar
Posted by: Leanne Halsey Categories: Industry News, Mortgages Tags: , , , , Comments Off on Mortgage rates continue to fall

Cheap mortgages are disappearing already

The cheapest mortgages on the market right now are slowly starting to be removed by banks.

avatar
Posted by: Leanne Halsey Categories: Mortgages Tags: , , Comments Off on Cheap mortgages are disappearing already

Upward trend in mortgage approvals, according to high street banks

UK high street banks have revealed that there’s an upward trend developing in the number of mortgages that get approved.

avatar
Posted by: Leanne Halsey Categories: Economy, Mortgages Tags: , , Comments Off on Upward trend in mortgage approvals, according to high street banks

Demand falls for high value mortgages

The Bank of England has released a report revealing that the demand for mortgage loans in Britain has dropped significantly in the first quarter of this year.

avatar
Posted by: Leanne Halsey Categories: Economy, Property Market, Property News Tags: , , , Comments Off on Demand falls for high value mortgages

Halifax report rise in house prices for March

Halifax have released a report revealing UK house prices went up by 0.4% in March on the previous month. However, the report also stated that the annual rate for the growth of property price has slackened.

avatar
Posted by: Leanne Halsey Categories: House Prices, Property Market, Property News Tags: , , , , Comments Off on Halifax report rise in house prices for March

More than half of UK first time buyers try before they buy

It may be one of life’s milestones, but new research from Clydesdale and Yorkshire Banks has revealed that more than half of the UK’s first time buyers now try before they buy when it comes to owning their first home.

avatar
Posted by: Leanne Halsey Categories: Buying, Mortgages, Property News Tags: , , , Comments Off on More than half of UK first time buyers try before they buy

Mortgage approvals at highest levels for 6 months

The Bank of England has released data showing that the number of mortgages being approved in Britain during February 2015 was the highest it had been in six months.

avatar
Posted by: Leanne Halsey Categories: House Prices, Mortgages Tags: , , Comments Off on Mortgage approvals at highest levels for 6 months