
Latest Mortgage News
UK Financial Solutions New Mortgage Sourcing System Goes Live
UK financial Solutions has partnered with Evaluate Technologies to embed their online mortgage comparison service that ensures you get the best mortgage rates ...
Published: 15-Sep-2009
BOE increases quantitative easing and holds the base rate
The Bank of England announced today that for the fifth consecutive month the base rate will be held at 0.5%, and that quantitative easing will be increased by £50bn ...
Published: 06-Aug-2009
Rise in Intermediary Mortgage Products Signals a Stabalising Market
Further news that the market may be stabilising has come from Mortgage Brain, one of the main sourcing systems available to intermediaries. Their figures showed ...
Published: 06-Aug-2009
Coventry Increase Equity Release Mortgage Rates
Announced today are changes to the Godiva Equity Release Lifetime mortgage range (Coventry Building Society). The changes become effective on 23rd July 2009, ...
Published: 21-Jul-2009
Housing Market Improves Slightly
The Royal Institute of Chartered Surveyors (RICS) has today released a report indicating that the housing market has improved slightly. In their Housing Market ...
Published: 12-May-2009
Nationwide launch new variable rate mortgage
In an announcement made earlier this morning, the Nationwide has announced the launch of a new variable rate mortgage product priced at 3.99%. The new product will ...
Published: 27-Apr-2009
Conflicting data on house prices
Rightmove have today released data which conflicts with other major house price indices, and reports an increase in the last month. The survey, which records the ...
Published: 16-Mar-2009
Mortgage lending continues to fall
The Council of Mortgage Lenders (CML) has today confirmed that mortgage lending has continued to fall during the first part of the year. The figures show significant ...
Published: 12-Mar-2009
CML wants simplified Homebuy
In a report released yesterday the Council of Mortgage Lenders (CML) urged the government to simplify the various Homebuy affordable housing schemes. For some while, ...
Published: 11-Mar-2009
Coventry announce new capped rate mortgage
In a statement earlier this morning, the Coventry Building Society announced changes to their current range of mortgages, including the introduction of two new ...
Published: 04-Mar-2009
Woolwich change mortgage rates
In what is seen as an attempt to pre-empt any reduction in the Bank of England base rate later this week, the Woolwich have today made sweeping changes to the mortgage ...
Published: 03-Mar-2009
Full effects of base rate cuts not yet evident
Whilst mortgage costs have fallen for some borrowers, the full effects of the cuts in Bank base rate is not yet evident according to Andrew Sentance who is a member ...
Published: 25-Feb-2009
Could Northern Rock go from sinner to saint
As a result of an announcement earlier today, Northern Rock may bizarrely go from sinner to saint and become the saviour of the UK mortgage market. Having previously ...
Published: 23-Feb-2009
Coventry Building Society launches pragmatic solution
The Coventry Building Society has today announced a surprisingly pragmatic solution to some customers reaching the end of their current mortgage deal. The new scheme ...
Published: 18-Feb-2009
House buyers more enthusiastic
House buyers in the United Kingdom are becoming more enthusiastic according to the Royal Institute of Chartered Surveyors (RICS). In a statement released today, ...
Published: 17-Feb-2009
Abbey launch new mortgage range
Abbey have announced the launch of a new mortgage range available immediately. The changes include a reduction to some two and three year fixed rates, and some ...
Published: 13-Feb-2009
Lowest house purchase mortgages for thirty four years
In a report published today, the Council of Mortgage Lenders (CML) reported the lowest number of new mortgages for house purchase in the last thirty four years. ...
Published: 12-Feb-2009
Repossessions could be lower than expected
The Council of Mortgage Lenders has indicated that the number of repossessions last year could well be lower than expected. The CML issued its initial estimate ...
Published: 11-Feb-2009
More buyer enquiries may help sales
The Royal Institute of Chartered Surveyors (RICS) has today released the results of its Housing Market Survey for January. Whilst the majority of the results suggested ...
Published: 10-Feb-2009
Youngsters return home as home cooking increases
According to the Abbey, the credit crunch is having the effect of drawing some families back together. In a statement released today, the Abbey said that last year ...
Published: 09-Feb-2009
Bank of England cuts rates again
This lunchtime the Bank of England announced a further reduction in the base lending rate to 1%. The announcement today means that the Bank of England has now set ...
Published: 05-Feb-2009
Huge jump in Abbey profits
In a change from the ongoing dismal economic news, Abbey have announced a significant jump in pre-tax profits. The figure of £991 million represents an increase ...
Published: 05-Feb-2009
Woolwich announce lowest ever fixed rate mortgage
The Woolwich, the mortgage brand of Barclay Bank has today announced a new lower fixed rate mortgage which is believed to be the lowest in the brand's history. ...
Published: 29-Jan-2009
Mortgage rates start to fall
In a welcome move, a number of mortgage lenders have today announced a reduction in the interest rates which will be charged to new customers. It has been noticeable ...
Published: 23-Jan-2009
Nationwide Announce Reduced Tracker Collar
In an announcement released late yesterday afternoon, the Nationwide Building Society has announced a relaxation of its previous stance concerning the collar applied ...
Published: 09-Jan-2009
Bank of England Reduces Rates
The Bank of England has today announced a reduction in the base lending rate of 0.5%, moving the Bank of England base rate to 1.5%. The cut today takes the base ...
Published: 08-Jan-2009
HomeBuy Direct offers housing hope
As Christmas approaches, there could be the tiniest glimmer of hope for the housing market in the New Year according to Margaret Beckett, Minister for Housing. ...
Published: 16-Dec-2008
Lenders make house price crash worse
According to the Royal Institute of Chartered Surveyors, it is the banks and mortgage lenders who are making the house price crash worse than it need be. In particular, ...
Published: 10-Dec-2008
Banks Squeal Under Government Pressure
In a report published yesterday, the Council of Mortgage Lenders has tried to fight back against government demands by saying that their policy objectives are conflicting ...
Published: 10-Dec-2008
Rate cuts have limited success
The Council of Mortgage Lenders have released statistics showing a slight increase in the level of mortgage lending
in October. Gross mortgage lending was £18.7 ...
Published: 20-Nov-2008
Latest News:
UK Financial Solutions New Mortgage Sourcing System Goes Live
UK financial Solutions has partnered with Evaluate Technologies to embed their online mortgage comparison service that ensures you get the best mort...
Published: 15-Sep-2009
BOE increases quantitative easing and holds the base rate
The Bank of England announced today that for the fifth consecutive month the base rate will be held at 0.5%, and that quantitative easing will be incr...
Published: 06-Aug-2009
Rise in Intermediary Mortgage Products Signals a Stabalising Market
Further news that the market may be stabilising has come from Mortgage Brain, one of the main sourcing systems available to intermediaries. Their fi...
Published: 06-Aug-2009