News

• Co-operative Bank launches new fixed rate mortgage
• Published: December 07, 2007
• The Co-operative Bank has today (December 7th) launched a new two-year fixed rate mortgage.
  
  Introduced as part of the lender's range of g...

• Interest rate reduction welcomed
• Published: December 07, 2007
• Yesterday's (December 6th) decision by the Bank of England to reduce the interest rate to 5.5 per cent has been welcomed by a leading mortgage ind...

• Interest rates cut
• Published: December 06, 2007
• The Bank of England's Monetary Policy Committee (MPC) has announced that it has cut rates by 0.25 per cent so that they now stand at 5.5 per cent....

• Remortgaging becoming more popular
• Published: December 06, 2007
• Remortgaging has become increasingly popular in the last few years, it has been claimed.
  
  Ray Boulger, senior technical manager at a UK mortga...

• Falling house prices will not benefit all first time buyers
• Published: December 05, 2007
• The current slowdown in the housing market may offer benefits to some first time buyers, but most will still face difficulties securing finance such a...

• Borrowers face a tough time in 2008
• Published: December 05, 2007
• Homeowners with short-term fixed rate mortgages set to expire next year may find it difficult to find an affordable deal, according to the industry wa...

• House prices fall for third month running
• Published: December 05, 2007
• UK house prices fell in November, representing the third consecutive monthly decrease in prices, according to new figures published today (December 5t...

• Equity release mortgages set to boom
• Published: December 04, 2007
• Lower levels of pension provision are set to make equity release mortgages increasingly popular among older people looking to fund their retirement, a...

• House prices to fall by 10% in 2008
• Published: December 04, 2007
• House prices are set to fall by up to 10 per cent next year, representing the biggest full year decline since records began in 1969, according to a se...

• Long-term fixed rate mortgages have a future
• Published: December 03, 2007
• Fixed rate mortgages remain the most popular choice of product amongst homeowners, with 42 per cent of people favouring them, and 43 per cent of those...