Mortgage News
Remortgaging and buy-to-let lending has remained strong, according to the latest research by the Council of Mortgage Lenders CML . Where high interest rates and borrowing costs have affected…
Buying still cheaper option
November 14th, 2007
The cost of buying a property is still cheaper compared to renting, according to research by Abbey. It costs an average 5,811 less to buy than rent over a…
London’s housing market grows as the UK’s slows
November 13th, 2007
London is the only area in Britain where house price falls did not occur last month, according to research. The Royal Institute of Chartered…
Rising costs will end speculation
November 13th, 2007
The rising costs of buy-to-let mortgages will have a positive effect on the housing market in the long-term, according to an industry expert. The…
Homeowners urged to take out mortgage insurance
November 11th, 2007
Homeowners should consider Mortgage Payment Protection Insurance MPPI to cover in case of loss of income, according to protection specialist Lifesearch. MPPI covers critical…
Homeowners advised to overpay mortgage
November 9th, 2007
Homeowners are advised to show a willingness to overpay their mortgage to access better products, according to personal finance site the Motley Fool. The…
Downsizing more popular among high-end earners
November 9th, 2007
Homeowners that move to a smaller property for financial or practical reasons tend to be high-earning professionals, reports Savills. According to the estate agent,…
IMLA calls for realistic view of the mortgage market
November 7th, 2007
The Intermediary Mortgage Lenders Association IMLA is taking a realistic view of the future of the mortgage market based on the evidence of past performance. This move is designed…
Housing market confidence still high
November 7th, 2007
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
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
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
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,…
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