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Mortgage News

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Credit crunch sees more seeking professional mortgage advice

Thursday, November 29th, 2007
Unbiased.co.uk has found that around 33,000 people sought financial advice, including on mortgages, between July and September 2007.

Some half a million requests for details in the last 12 months…

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Hotel room mortgages for professionals

Thursday, November 29th, 2007
Professionals keen to find a hassle-free alternative buy-to-let investment should consider purchasing hotel rooms.

This is the latest advice from buy-to-let hotel company GuestInvest, which recommends such a purchase because…

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First-time buyers get respite in south-east

Tuesday, November 27th, 2007
House prices fell by two per cent in the south-east, which will come as good news to first-time buyers not keen on relocating.

According to property website Rightmove, the average…

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Virgin Group Rock-on in the mortgage lending industry

Monday, November 26th, 2007
Virgin Group has been named as the preferred bidder for troubled mortgage lender Northern Rock, confirming a weekend of speculation.

The Branson consortium comprises Virgin Group, WL Ross & Co,…

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Kensington to reprice prime mortgage range

Sunday, November 25th, 2007
Kensington Mortgages has announced that it will reprice some of its prime mortgage range.

The move, which will come as good news for high-earning professionals such as doctors, architects and…

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Mortgage regulation consultation

Friday, November 23rd, 2007
The department of Business, Enterprise and Regulatory Reform Berr has published a consultation document on a proposed reduction in mortgage regulation.

A reduction in regulation is intended to reduce the…

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Energy efficiency will be key for future mortgages

Friday, November 23rd, 2007
Getting a mortgage on a house will be tied to a property's energy efficiency in the near future, reports an industry expert.

This announcement comes at the same time as…

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High-demand spells opportunity for buy-to-let mortgages for professionals

Thursday, November 22nd, 2007
Rental properties in Gloucester are always in high-demand, according to Steve Gooch Estate Agents.

Demand, "particularly for smaller property, two and three bed semis", makes investment in the Gloucester region…

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Hips not the cause of mortgage market slowdown

Thursday, November 22nd, 2007
Home Information Packs Hips should not be blamed for the recent slowdown in the mortgage and housing markets, according to an industry expert.

Hips were originally introduced as a means…

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Buy-to-let still a good mortgage for professionals

Wednesday, November 21st, 2007
Buy-to-let mortgages are still a good option for professionals keen to invest in the housing market, according to an industry expert.

This news follows yesterday's announcement that Paragon, the UK's…

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Young professionals eager to get onto property ladder

Wednesday, November 21st, 2007
Young professionals are still eager to own but are finding themselves priced out of the mortgage market, according to research by Endsleigh.

The financial services provider found that just 35…

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Gross mortgage lending growth misleading

Tuesday, November 20th, 2007
Gross mortgage lending has grown over the last month, but this could be a misleading reflection of current wholesale funding problems, according to experts.

The Council of Mortgage Lenders CML…

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