Tag: Mortgage

Housing is still much more affordable than 2007 in every region except London

Housing affordability is crucial to the fortunes of the residential housing market – and the wider economy. Yet its measurement isn’t necessarily as easy to grasp as one might think. Hamptons International’s new Ability to Buy Index provides a more … Continue reading

Posted by: Leanne Halsey Categories: Economy, Property News Tags: , , , , , , Leave a 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

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

Interest rates could be retained at historic low for a while yet, says a Bank of England Governor

  Interest rates might be retained at their historic low of 0.5% for far longer than first expected, the Bank of England’s deputy governor has identified, in what will be welcome remarks to those suffering from the inflationary pressures of … Continue reading

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

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

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

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

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.

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.

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.

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