Tag: Mortgage

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 … Continue reading

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Posted by: Leanne Halsey Categories: Industry News, Mortgages, Property Market Tags: , , , Leave a comment

How could making mortgage overpayments affect your credit rating?

For many with mortgages, interest rates remaining static lately has been rather helpful. Low interest rates have meant that the mortgage market has been very competitive, and for many on a long-term low tracker rate it’s been quite beneficial.

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Posted by: Leanne Halsey Categories: Mortgages, Property Advice, Savings Tags: , , , , , , , , Comments Off

Record increase in number of first-time buyers in July

Over 30,000 first-time buyers took out mortgages in July, the highest monthly figure since the outbreak of the financial crisis, expending 20% of their incomes in lieu of housing costs.

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Posted by: Leanne Halsey Categories: Economy, Industry News, Property News Tags: , , , , , , 1 Comment

September is Property Live Month!

Let’s talk property! Welcome to Property Live, a month packed full of exclusive incentives, schemes and deals, all designed to help you fulfil your property ambitions.

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Posted by: nicolasevern Categories: Buying, Buying Property, Estate Agents, Landlords Advice, Letting, Mortgages, Selling, Uncategorized Tags: , , , , , , , , , , , Comments Off

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