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Mortgage News

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Rics: BoE rate-cut in 2008 to offset mortgage outlay increase

December 20th, 2007
The Royal Institute of Chartered Surveyors Rics is expecting a base rate cut by the Bank of England of at least a half-point during the first-half of 2008. According…

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Green mortgages for professionals

December 18th, 2007
The Halifax is offering customers two exclusive mortgage products that reward customers for buying eco-friendly homes.

Customers who opt to buy new build property from homebuilders with recognised green credentials…

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Rightmove: Hips distort property market

December 18th, 2007
The roll-out of Home Information Packs Hips across all UK residential property has contributed to a market fall of 3.2 per cent this month, it has been suggested.

According to…

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“Cream of the crop” tenants key to buy-to-let mortgages for professionals

December 17th, 2007
Those considering a buy-to-let mortgage as a means of supplying some extra income are being encouraged to look for professional tenants.

The Mortgage Trust recently told IFA online that 27…

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SVR begin to fall in line with base rate cut

December 17th, 2007
Britain's largest mortgage lenders are beginning to make reductions to their standard variable rate SVR mortgages, research suggests.

Moneyfacts.co.uk, who conducted the research, pointed out that most changes were of…

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Do your sums for buy-to-let mortgages for professionals

December 16th, 2007
Those considering buy-to-let mortgages for professionals need to ensure it makes financial sense before investing, reports a leading industry expert.

There is a high demand for rental property, following…

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Lenders remain “optimistic”

December 15th, 2007
Lenders remain optimistic about the mortgage market, according to the Intermediary Mortgage Lenders Association IMLA .

However, although welcoming the recent Bank of England's Monetary Policy Committee MPC rate-cut, IMLA…

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Mandatory Hips roll-out to benefit mortgages for professionals

December 14th, 2007
Home information packs Hips have become mandatory for one and two bedroom homes today.

As of midnight this morning, all homes require Hips when they're put up for sale.

The introduction…

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Housing market downturn is an opportunity for professionals

December 13th, 2007
The housing market downturn could benefit mortgages for professionals, with having to "inevitably" lower price expectations, according to estate agent Ludlow Thompson.

But this could also benefit sellers…

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Buy-to-let a “lucrative investment” mortgage for professionals

December 12th, 2007
Buy-to-let mortgages in university towns are one of the "most lucrative" investments, reports a leading industry expert.

According to estate agent Savills, student rent has increased by an average of…

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Confidence boost for buy-to-let mortgages for professionals in 2008

December 12th, 2007
Some 86 per cent of landlords intend either to increase their property portfolios or leave them untouched in 2008, research by Bradford & Bingley has revealed.

This is indicative of…

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Long-term fixed-rate mortgages for professionals provide “peace of mind”

December 11th, 2007
Long-term fixed-rate mortgages are becoming "increasingly" popular, particularly among first-time buyers, because they offer "peace of mind", it has been revealed.

According to Mortgage Express, despite the potential for further…

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