Tag: Mortgages

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.

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

MMR – A year on.

A new report from Experian has revealed that almost all the people who planned to buy a property last year since the introduction of the governments new affordability rules, have failed to do so.

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Posted by: Samantha Turner Categories: Economy, Mortgages, Uncategorized Tags: , , , , , Comments Off on MMR – A year on.

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

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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.

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

First time buyers are waiting longer to get onto the property ladder

The latest news that has got everyone talking is that first time buyers are having to wait longer to take that first step on the property ladder. The annual First Time Buyers (FTB) Survey found that almost two thirds (65%) of … Continue reading

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Posted by: Samantha Turner Categories: Latest News, Property Advice, Uncategorized Tags: , , , 1 Comment

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.

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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.

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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.

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