Tag: Mortgages

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: , , , , , , , , Leave a comment

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

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.

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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.

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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

Spiralling Rental Costs inhibiting young people from climbing onto Property Ladder

There is growing public clamour for the government to tackle the overpriced rental sector, as fresh figures have shown that housing costs for tenants are eating up the majority of their incomes. As such, they are toiling in their efforts … Continue reading

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Posted by: Leanne Halsey Categories: Latest News, Rental Market, Renting 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