Mortgage payment requirements more affordable than ever?
A new report from a major home loans provider has said that mortgage payment requirements have shrunk to their most affordable levels in over 15 years - but only if you qualify for the mortgage in the...
View ArticleSo much for affordable lending: Nationwide raises rates
Just when you thought the Government's Funding for Lending scheme was making a difference, the UK's largest building society goes ahead and hikes the interest rates on their tracker and fixed rate...
View ArticleMortgage fees up by 70%since 2008, says new research
Newly released research says that mortgage fees have grown by a staggering 70 per cent over the past four years, indicating that it's still a rather costly proposition to seek out mortgage lending in...
View ArticleLack of mortgage finance drags down economic recovery
It doesn't matter how hard the Government tries to revitalise the housing market if lenders refuse to provide mortgages to those looking to buy, it has been recently said.
View ArticleLocal authority gives first time buyers welcome boost
One local authority has given first time buyers struggling to qualify for a mortgage a much-needed leg up by making £2 million in funding available to anyone who needs a little bit of extra help.
View ArticleApprovals creep higher, still long way off from 2011 figures
The Bank of England announced that, while mortgage approval rates were higher this past August, annual home lending rates are still well below average.
View ArticleCML says more than 25pc of 2007 loans in negative equity
The Council of Mortgage Lenders recently announced that more than 25 per cent of mortgages taken out in 2007 are now in negative equity.
View ArticleLending business up by 10% for Clydesdale & Yorkshire banks
The home lending market has been good to Clydesdale and Yorkshire banks after reports that business has grown for both by 10 per cent over the past 12 months.
View ArticleNewcastle BS stops offering interest-only home loans
Just as many other UK banks and building societies have already done, Newcastle Building Society has discontinued interest-only home loans for new borrowers.
View ArticleVirgin money eliminates interest only mortgages
There's now one less lender offering interest only mortgages after Virgin Money announced recently that it was the latest provider to discontinue the practice.
View ArticleMortgage availability still has some room for improvement
While the home lending market is indeed showing signs of improvement, researchers say that availability for lower-deposit borrowers is still lagging behind.
View ArticleCML says home repossessions drop to lowest figure in 5 years
Good news for people who hate being homeless: the Council of Mortgage Lenders says that residential home repossessions have reached a five year low.
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