News

• Gross mortgage lending drops in November
• Published: December 20, 2007
• Gross mortgage lending fell in November, the first time monthly lending levels have dropped below the same month in the previous year since July 2005,...

• Oversupply hits buy-to-let demand
• Published: December 19, 2007
• An oversupply in rental flats has contributed to a slow-down in demand within the buy-to-let sector, according to new figures published yesterday (Dec...

• New EC mortgage directive has wrong focus
• Published: December 19, 2007
• A new European Commission (EC) decision not to recommend a directive on the European mortgage market has been welcomed by the Council of Mortgage Lend...

• Lloyds TSB launches cash-back offer for re-mortgagers
• Published: December 19, 2007
• Lloyds TSB has launched a new two-year fixed term re-mortgage deal that offers homeowners £500 cash-back.
  
  The deal offers borrowers the ...

• Abbey announces rate reductions on fixed-rate deals
• Published: December 18, 2007
• Abbey has announced plans to reduce interest rates by up to 0.1 per cent on a number of its fixed rate mortgages.
  
  The change will be introduc...

• New Halifax deals look to reward green property purchases
• Published: December 18, 2007
• Halifax has launched two new mortgage products that look to reward homeowners who buy their new property from builders with strong green credentials.<...

• Buy-to-let landlords chose to re-mortgage, not purchase
• Published: December 17, 2007
• Landlords are increasingly choosing to re-mortgage their existing properties instead of seeking to take out buy-to-let mortgages on new property purch...

• Mortgage difficulties still relatively rare
• Published: December 17, 2007
• The percentage of borrowers reporting problems in keeping up with mortgage repayments has remained low this year, though repayments are beginning to r...

• Mortgages set for electronic processing
• Published: December 17, 2007
• Processing mortgages electronically is set to be made a priority by a government agency charged with overhauling the system of house purchase.
  

• 2007 strong for buy-to-let mortgages
• Published: December 14, 2007
• Buy-to-let investors had a good year in 2007, with total annual returns generated by the average residential property reaching the highest level for 2...