Mortgage News
Consumer confidence in the housing market has remained high despite a series of crises in the current credit crunch period, according to Nationwide. This will come as good news…
Buy-to-let mortgages should carry warnings
Wednesday, November 7th, 2007
Those investing in buy-to-let mortgages should be provided with the same mandatory risk warnings as other investment product, an expert has recommended. Repossession specialist Moore Blatch has said that…
OFT “sole agency” agreement warning
Tuesday, November 6th, 2007The Office of Fair Trading OFT has said that "sole agency" agreements with estate agents could end up costing homeowners double the fees.
This timely warning is designed to…
Building Societies best for mortgage deals
Monday, November 5th, 2007
The top mortgage deals are to be found among building societies rather than banks, it has been revealed. Building societies, such as Alliance & Leicester and Bristol & West,…
Increased chance of housing market returning to normal
Monday, November 5th, 2007
There is now a one-in-three chance of a fall in house prices by 2010, according to the latest research from Pricewaterhouse Coopers PwC . The average house price is…
Property is a priority for retirement
Friday, October 26th, 2007
According to new research, more adults are relying on their homes to fund retirement. Financial services group Alliance Trust found that 43 per cent…
Quality of life rises with house prices
Friday, October 26th, 2007
In 27 of the 30 local authorities rated top for quality of life, house prices trade at a premium to the average across the…
Self-cert mortgages hit by credit crunch
Friday, October 26th, 2007
The previously "very competitive" self-certification mortgage market has "contracted" following the recent credit crunch. This will come as bad news to self-employed professionals such…
Choice for mortgages is reducing
Thursday, October 18th, 2007
The number of mortgages available from lenders is shrinking, it has been revealed. Despite a good start to the year in the mortgage market,…
Credit cards used to pay overstretched mortgage payments
Thursday, October 18th, 2007
A combination of irresponsible lending and overstretched housing costs have caused many borrowers to turn to credit cards to pay their mortgages. An estimated…
Auctions cannot replace estate agents
Tuesday, October 16th, 2007
A spokesperson for the property auction advisor, Essential Information Group, has issued a warning as more homeowners turn to auctions to sell up. This…
Stamp duty will hit high-end first-time buyers
Tuesday, October 16th, 2007
According to an industry expert, first-time buyers should be exempt from stamp duty because it is "one of the biggest expenses" of entering the…
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