Archived Mortgage News - May 2008

Halifax announced today that they will be reducing their tracker rates and arrangement fees from Monday 2nd June, with rates from 6.24% on their 5 year tracker ...
Published: 30-May-2008

The Dunfermline Building Society has announced the launch of a new equity release lifetime mortgage. Equity release lifetime mortgages allow those over the age ...
Published: 29-May-2008

The Woolwich have today announced the launch of a base tracker rate at less than 6%. The new deal is designed to track at 0.99% above the Barclays Bank base rate ...
Published: 28-May-2008

Abbey have today announced it is expanding the number of mortgage brokers who will be able to access their exclusive three and five year fixed rate mortgage deals. ...
Published: 28-May-2008

With reports of an improvement in the housing market still few and far between, it appears that home owners are turning to home improvements as a way to increase ...
Published: 27-May-2008

In figures released today, members of the National Association of Estate Agents (NAEA) reported that whilst regional variations are still significant, the first ...
Published: 27-May-2008

In research published by Birmingham Midshires earlier this week, it was revealed that on average, we are saving more than we did this time last year. The figures ...
Published: 23-May-2008

The West Bromwich Building Society has today announced that it has introduced three new fixed rate mortgages. All the new deals are two year fixed rate schemes, ...
Published: 23-May-2008

As part of ongoing expansion plans, The Mortgage Warehouse announced today that a full package of debt solutions is now available through their affiliation ...
Published: 23-May-2008

In figures released today, the Royal Institute of Chartered Surveyors (RICS) has revealed that there was an increase in instructions from new landlords during ...
Published: 22-May-2008

The Association of Mortgage Intermediaries (AMI) 'value of mortgage advice' report produced by independent financial services research company NMG has estimated ...
Published: 21-May-2008

Stonehaven announced today that with effect from Saturday 24th May 2008 they will be reducing the maximum equity release possible along with a reduction in the ...
Published: 21-May-2008

Stonehaven announced today that with effect from Saturday 24th May 2008 they will be reducing the maximum equity release possible along with a reduction in the ...
Published: 21-May-2008

HBOS, the group which owns both the Halifax and the Bank of Scotland along with specialist lenders Birmingham Midshires, Intelligent Finance and The Mortgage ...
Published: 21-May-2008

Norwich Union has announced that they are to start a television advertising campaign this Thursday. Equity Release mortgages which are also known as lifetime ...
Published: 21-May-2008

Citigroup, the owners of Future mortgages have announces that with effect from the 21st May Future will no longer be offering secured loans and mortgages in ...
Published: 20-May-2008

Halifax have announced that they will reduce interest rates for existing customers by an average of 0.15 per cent with effect from the 21st May. Interest rates ...
Published: 20-May-2008

The Cheltenham & Gloucester, part of Lloyds TSB has announced that it is to raise interest rates for mortgage customers for the fourth time in two months. As ...
Published: 20-May-2008

The Royal Institute of Chartered Surveyors (RICS) has released figures which suggest the number of sales could fall by as much as 40% this year. Additionally, ...
Published: 19-May-2008

Rightmove, the well known property website have announced that asking prices for property in England and Wales rose to a record high in May. According ...
Published: 19-May-2008

Royal Bank of Scotland has announced today that they will be capping lending for their flexible mortgage The One Account at 90% loan to value (LTV), as well as ...
Published: 19-May-2008

For many years, experienced home owners have known the value of an independent mortgage broker when seeking advice about the best mortgage deals. However, research ...
Published: 16-May-2008

Abbey Cuts Mortgage Rates The Abbey have today announced cuts in its mortgage rates. All flexible and tracker rates are being cut by 0.05% while new borrowers ...
Published: 16-May-2008

First-time buyers who are trying to get a mortgage quote are increasingly turning to mortgage intermediaries for advice.That is according to the Association of ...
Published: 15-May-2008

The government has expanded a scheme, aimed at helping first-time buyers to make it into the housing market.Caroline Flint, housing minister, has announced that ...
Published: 15-May-2008

Now may be a good time for people to take out buy-to-let mortgages and invest in the property market.The Property Investment Network (PIN) said that falling house ...
Published: 14-May-2008

A number of property experts believe that now is a good time to take out buy-to-let mortgages and invest in the market.A debate for the Property Investor and Homebuyer ...
Published: 14-May-2008

The base rate of interest should be cut to 3.5 per cent as soon as possible so that mortgage interest rates fall.That is according to Assetz, which said that it ...
Published: 14-May-2008

The prime property market is in good health and is much more stable than the wider UK housing market.That is according to London Central Portfolio (LCP), which ...
Published: 13-May-2008

The UK housing market is supported by strong underlying fundamentals, according to the National Association of Estate Agents (NAEA).It is good news for anyone considering ...
Published: 13-May-2008

Nationwide has announced that it will reduce the mortgage interest rates on some of its deals.The building society is cutting the rates on many of its fixed-rate ...
Published: 13-May-2008

A new study shows that the number of million-pound properties in the UK rose markedly between 2006 and 2007.The Halifax Estate Agents Million Pound Property Report ...
Published: 12-May-2008

People concerned about their mortgage interest rates should seek advice from an independent financial advisor.That is according to the Association of Independent ...
Published: 12-May-2008

First-time buyers are the group which are least likely to have their homes repossessed.That is according to Firstrung, which said that most new buyers take out ...
Published: 12-May-2008

A number of new mortgages have been launched by Alliance & Leicester and will be available to borrowers from today (May 9th).The lender has launched a two-year ...
Published: 09-May-2008

It makes sense for potential homebuyers in London to rent before purchasing a property.That is according to Property Finder, which said that huge price growth in ...
Published: 09-May-2008

The UK Treasury has launched a multimillion-pound package to help borrowers who may be facing financial difficulties.Although very few people are in a difficult ...
Published: 09-May-2008

The collapse of Inside Track should not be of concern to long-term investors with buy-to-let mortgages.That is according to Property Hawk, which said that the investment ...
Published: 08-May-2008

The Bank of England's Monetary Policy Committee (MPC) has decided to maintain the base rate of interest in May.Members of the MPC met today (May 8th) to announce ...
Published: 08-May-2008

First-time buyers have been urged to exercise caution before they commit to taking out a first-time buyer mortgage.Research conducted by iammoving.com suggests ...
Published: 07-May-2008

The effects of the credit crunch on the mortgage market may have been over-exaggerated, it has been revealed, as recently released data from the Council of Mortgage ...
Published: 07-May-2008

An increasing number of first-time buyers are choosing to club together in order to secure a first-time buyer mortgage, it has been revealed.According to Moneyextra, ...
Published: 07-May-2008

It looks as though the Bank of England will be cautious when it comes to cutting interest rates in the coming months.A new poll of nine of the UK's major financial ...
Published: 02-May-2008

The National Landlords Association (NLA) has leapt to the defence of people with buy-to-let mortgages in the UK.It follows calls for a US-style branded rental market, ...
Published: 02-May-2008

People with buy-to-let mortgages are benefiting from rising rents, according to new figures.Paragon's Buy-To-Let Index revealed that average rents have increased ...
Published: 01-May-2008

It is very likely that the Bank of England will cut the base rate of interest sooner rather than later.Global Insight has said that the Bank is coming under increasing ...
Published: 01-May-2008