Archived Mortgage News - February 2008

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

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

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

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

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

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 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

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

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

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

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

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

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

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

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

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

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

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

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

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

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 have announced that they completed a staggering £26bn worth of mortgages last year representing a double figure increase ...
Published: 15-Feb-2008

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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