Tag: Mortgages

Homeowners hurry to remortgage

Recently released data reveals homeowners are switching to record low fixed mortgage rates in a bid to take advantage of the ongoing price war between lenders and the increased equity available on their homes. The firm Legal Marketing Services have … Continue reading

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

Over 50s are missing out on record low mortgage rates

The benefits of the escalating mortgage price war are being missed by those over the age of 50 according to the latest figures.

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

Fixed-rate mortgages at record low

According to the Bank of England, there has never been a better time to be looking to borrow for a home loan. In fact, the interest rates offered on savings accounts at the moment, which themselves are low, are still … Continue reading

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

Helping with financial difficulties

Most of us have been there at some point in our life, the recession and the raise of interest rates have meant that financial difficulty has been an issue across the UK. There is hope as positive news talks about … Continue reading

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Posted by: Samantha Turner Categories: Finance, Mortgages, Uncategorized Tags: , , , , Comments Off

Fixed-rates for mortgage plans reach new low

The steady decrease in fixed-rate mortgage prices continues as HSBC announce new mortgage plan with a five-year fixed-rate of 2.48%, edging ever closer to the record lows set by Yorkshire Building Society at 2.44% in August 2013.

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

Mortgage approvals fall by 16% on the previous year

Mortgage approvals continue to tumble month-on-month suggesting the Bank of England’s (BoE) crackdown on the lending sector is having a decidedly dampening effect on the housing market.

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Posted by: Leanne Halsey Categories: Mortgages, Property Market, Property News Tags: , , , 1 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

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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

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