Tag: Personal finance

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

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

Countrywide Lettings Scoop Top 4 Industry Awards

Countrywide plc, the UK’s largest integrated property services group, has been named Large Lettings Agency of the Year, Employer of the Year and Property Management Company of the Year at The Negotiator Awards 2014. Countrywide plc were also delighted to … Continue reading

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Posted by: Nicola Severn Categories: Letting, Renting Tags: , , Comments Off

Mastercard unveils pioneering biometric bank card using thumbprint technology as identification

  Mastercard has unveiled its pioneering biometric bank card enabling consumers to carry out transactions in shops across the UK using their thumbprint as identification.

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Posted by: Leanne Halsey Categories: Industry News, Technology 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.

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Posted by: Leanne Halsey Categories: Mortgages, Property Advice, Savings 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

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

Bank of England governor alerts to danger of potential financial crisis as UK house prices rise to record 10.5%

The Bank of England’s governor, Mark Carney, has reinforced his ominous forecasts concerning the UK housing market, as new data indicated that house prices rose by 10.5% in the 12 months to May.

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Posted by: Leanne Halsey Categories: Economy, House Prices, Mortgages, Property Market Tags: , , , , , , Comments Off

Funds running short for Help to Buy in Scotland

Funds set aside for the Help to Buy scheme in Scotland have run out only three months into the financial year leading many would-be buyers’ dreams of home ownership to crumble.

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Posted by: Nicola Severn Categories: Buying, Economy, House Prices, Property News, Uncategorized Tags: , , , , , , Comments Off