Archived Mortgage News - February 2008
Bank publishes positive lending figures
Mortgage lending rose in January, according to the latest figures from the Bank of England.According to the data, 74,000 loans were approved for house purchase ...
Published: 29-Feb-2008
Base rate likely to be frozen
The majority of major financial institutions believe that the base rate of interest is set to remain unchanged in March.A new poll of eight institutions revealed ...
Published: 29-Feb-2008
Positive housing market figures
There was positive news for the English and Welsh housing market in January, according to the latest figures.The Land Registry has published its housing report ...
Published: 28-Feb-2008
Landlords receive agency fees boost
People with buy-to-let mortgages have received a boost in the battle of letting agency tenancy renewal fees.The Office of Fair Trading (OFT) has issued High Court ...
Published: 27-Feb-2008
Post Office cuts mortgage rate again
The Post Office has announced a further reduction to it three-year fixed-rate mortgage.It means that the deal now comes with a 5.34 per cent rate, with the firm ...
Published: 27-Feb-2008
Buy-to-let mortgages on the rise
The number of people taking out buy-to-let mortgages increased in the second half of 2007.That is according to new figures from the Council of Mortgage Lenders ...
Published: 26-Feb-2008
Lifetime mortgages receive broker boost
Lifetime mortgages are set to increase in popularity as large numbers of brokers intend to expand into this market.According to research from Mortgage Express, ...
Published: 26-Feb-2008
New buyers urged to invest
People considering taking out first-time buyer mortgages could benefit from investing in the property market as soon as possible.That is according to Smart New ...
Published: 26-Feb-2008
Mortgage lending up in January
The latest British Bankers' Association (BBA) figures show that mortgage lending increased in January.According to the organisation, gross lending hit £18 ...
Published: 25-Feb-2008
Stamp duty changes called for
The stamp duty threshold should be increased, according to Halifax.The bank has published figures which show that stamp duty bills have increased at a much faster ...
Published: 25-Feb-2008
Positive outlook for housing market
The latest indicator suggests that the UK housing market is on the road to recovery.Figures from the National Association of Estate Agents (NAEA) for January show ...
Published: 22-Feb-2008
Landlords do not push up house prices
The Association of Residential Lettings Agents (Arla) has leapt to the defence of buy-to-let property investors.According to the organisation, suggestions that ...
Published: 22-Feb-2008
Borrowers prefer fixed-rate mortgages
The majority of borrowers would rather be on a fixed-rate mortgage, according to new research.A total of 57 per cent of those questioned by the Fair Investment ...
Published: 21-Feb-2008
Stamp duty change needed
The National Association of Estate Agents (NAEA) wants changes to be made which it believes will benefit people taking out first-time buyer mortgages.According ...
Published: 21-Feb-2008
Borrowers confused over mortgages
New research suggests that many British mortgage borrowers are confused about which type of deal to take out.Abbey has revealed that confusion among analysts about ...
Published: 20-Feb-2008
Mortgage lending rises
Gross mortgage lending rose in January, as borrowers took advantage of falling mortgage interest rates.It is thought that the Bank of England Monetary Policy Committee's ...
Published: 20-Feb-2008
MPC minutes suggest further rate cuts
It appears that mortgage interest rates could be set to fall further in the coming months.The Bank of England's Monetary Policy Committee (MPC) has published ...
Published: 20-Feb-2008
London market starts the year well
Estate agencies in London are reporting that the capital's property market has picked up in 2008.It appears that doom and gloom predictions for the next 12 ...
Published: 19-Feb-2008
Optimism remains robust amongst sellers
Rightmove announced today that optimism remains robust amongst the fewer sellers who came to the market over the last month. The lowest February level of new ...
Published: 18-Feb-2008
February provides house price boost
The average price of a UK property increased in the four weeks leading to February 9th, according to new figures.Rightmove has published its latest house price ...
Published: 18-Feb-2008
Landlords turn to NLA for advice
A new phone line set up to offer advice to people with buy-to-let mortgages is proving successful.The National Landlords Association (NLA) has revealed that it ...
Published: 18-Feb-2008
Legal & General Mortgage Club prove the value of Independent Mortgage Advice
Legal & General Mortgage Club have announced that they completed a staggering £26bn worth of mortgages last year representing a double figure increase ...
Published: 15-Feb-2008
New fixed rate and tracker rate buy to let deals from CHL
CHL Mortgages has announced the launch of a complete new range of fixed rate and tracker rate buy-to-let deals.
The fixed rate buy to let mortgages start at ...
Published: 15-Feb-2008
Buyers attracted to suburbs
The UK's suburban towns are attracting more people with first-time buyer mortgages.That is according to Savills, which claimed that more and more first-time ...
Published: 15-Feb-2008
Landlords benefit from bumper 2007
New figures have revealed that the UK buy-to-let property market is doing well.Birmingham Midshires has published its Buy-to-Let Bi-Annual Review, revealing that ...
Published: 15-Feb-2008
Big plans for smaller mortgages
Standard Life research shows that 2008 looks set to be the year in which up to 9.6 million Brits give their finances a spring clean and look to shed pounds from ...
Published: 14-Feb-2008
Housing market picks up significantly
The UK housing market is on the road to recovery, according to the National Association of Estate Agents (NAEA).Preliminary figures from the organisation's ...
Published: 14-Feb-2008
Buyers search for property in record numbers
People in the UK are as hungry as ever for property ownership, according to Hot Property.The firm has revealed that traffic through its property website reached ...
Published: 14-Feb-2008
Fixed-rate deals offer peace of mind
There is a "reasonable consumer appetite" for long-term fixed-rate mortgages but more could be done to improve their popularity.That is according to the ...
Published: 14-Feb-2008
London outperforms rest of the market
The average English or Welsh property increased in value by 0.1 per cent month-on-month.That is according to Acadametrics, the firm behind the Financial Times House ...
Published: 13-Feb-2008
May rate cut on the cards
The base rate of interest looks set to be cut again in May, spelling good news for those concerned about mortgage interest rates.Global Insight economist Howard ...
Published: 13-Feb-2008
Tracker mortgages more popular in January
There was an increase in the number of people taking out tracker-rate first time buyer mortgages in January.That is according to figures from estate agency Andrews, ...
Published: 13-Feb-2008
Inflation rises but rates still look set to be cut
People with first time buyer mortgages and other mortgage deals may benefit from further cuts to the base rate of interest.That is what is suggested by the latest ...
Published: 12-Feb-2008
Rate cuts will help borrowers
The latest round of cuts to the base rate of interest will help mortgage borrowers to service their debt in 2008.That is according to the Council of Mortgage Lenders ...
Published: 12-Feb-2008
Rates may drop to 4 per cent
Capital Economics is confident that the base rate of interest will fall to a very low level but may take some time to get there.The firm has revealed that it believes ...
Published: 12-Feb-2008
Landlords take advantage of buy-to-let growth
Buy-to-let mortgages are proving a shrewd investment as the combined value of property held by landlords in Britain has been found to have increased by £5.79 ...
Published: 11-Feb-2008
Housing market cooling but prices rise in December still rising
House prices in the UK augmented by 0.4 per cent in the month of December, it has been revealed.Conversely, annual house price inflation has receded from 9.7 per ...
Published: 11-Feb-2008
FTBs account for more of the market
The number of first-time buyers (FTBs) entering the UK property market increased by two per cent in January.New figures from Spicerhaart Financial Services reveal ...
Published: 08-Feb-2008
London housing partnership launched
A new partnership has been launched in order to develop affordable housing in London.The UK's most expensive city has traditionally been extremely difficult ...
Published: 08-Feb-2008
Repossession figures lower than expected
The Council of Mortgage Lenders (CML) has revealed that repossessions were lower in 2007 than had previously been forecast.According to the organisation, 27,100 ...
Published: 08-Feb-2008
Locally built homes better for the environment
Using local builders and local materials to construct a house is far more sustainable than constructing mass-produced flat-pack properties.That is according to ...
Published: 07-Feb-2008
Landlords remain confident
Buy-to-let property investors in the UK benefited from increased rents in 2007, fuelling their confidence about the market.The National Landlords' Association ...
Published: 07-Feb-2008
Rate cut joy for borrowers
The base rate of interest has been cut by 0.25 percentage points, taking it down to 5.25 per cent.Borrowers have not benefited from a rate this low since January ...
Published: 07-Feb-2008
Rate cut would imbue industry with renewed confidence
With the Bank of England set to announce its latest base rate decision for the month ahead tomorrow (February 7th), many industry analysts feel that a rate cut ...
Published: 06-Feb-2008
House price rises due to a number of factors
Buy-to-let lending is just one of several factors that have brought social benefits through the increase in house prices over the last ten years, according to a ...
Published: 06-Feb-2008
Oldest child receives most help with home buying
New research reveals that first-born children receive the most help when buying a property.Abbey has published a study, showing that first-borns are far more likely ...
Published: 05-Feb-2008
Positive impact of Hips
The introduction of Home information packs (Hips) is helping to speed up the home buying process for many.That is according to the National Association of Residential ...
Published: 05-Feb-2008
Landlords confident about the market
People with buy to let mortgages are confident about the future prospects of the UK housing market.The latest Assetz Property Census reveals that only six per cent ...
Published: 04-Feb-2008
Manchester has plenty to offer new buyers
People preparing to take out first time buyer mortgages may wish to consider looking at properties in Manchester.That is according to Savills, which said that the ...
Published: 04-Feb-2008
Northern Irish counties see huge price growth
The average property in county Armagh, Northern Ireland, increased in value by 331 per cent between 1997 and 2007.That is according to the latest Halifax County ...
Published: 04-Feb-2008
Buy to let remains popular in Manchester
Manchester's rental sector is still holding up well, despite the credit crunch, a situation that is likely to fuel demand for buy to let mortgages.Tom Rogers, ...
Published: 01-Feb-2008
Best mortgage deals key to financial fitness
Homeowners looking to improve their personal finances should pay particular attention to shopping around for the best mortgage deals available.That's the message ...
Published: 01-Feb-2008
Experts predict interest rate cut
A poll of representatives from seven UK financial institutions has revealed a consensus that the Bank of England will reduce interest rates next Thursday (February ...
Published: 01-Feb-2008
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Archived Categories
Adverse CreditBuy to Let
Equity Release/Lifetime Mortgages
Insurance
Lender/General Mortgage News
Latest News:
Abbey launch semi exclusive tracker rate
Abbey have announced the launch of a Semi Exclusiv...
Published: 04-Jul-2008
Abbey mortgage rates reduced
Abbey have today announced improvements to their r...
Published: 03-Jul-2008
100 Percent Bridging Loans for undervalued property
Tiuta, the specialist provider of bridging loans h...
Published: 02-Jul-2008
Liverpool Victoria launch flexible Equity Release Mortgage
Announced today is the issue of a new Equity Relea...
Published: 01-Jul-2008
Exclusive Kensington Buy to Let rate
Kensington Mortgages has today announced a new buy...
Published: 01-Jul-2008
Suspend Stamp Duty
The Association of Home Information Pack Providers...
Published: 01-Jul-2008


