Tag: Mortgages

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: , , , , Leave a comment

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: , , , , , , Leave a 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: , , , 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.

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

Bank of England retains its base rate at 0.5% amid pressure due to the UK’s current period of economic growth

The Bank of England’s Monetary Policy Committee (MPC) has voted to retain interest rates at 0.5% for the 66th consecutive month, reflecting its lack of conviction in the durability of the economic growth the UK is currently undergoing.

Posted by: Leanne Halsey Categories: Economy, House Prices, Mortgages 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: 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

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