Mortgage Articles
Disappearing Mortgages
A continued rise in property prices carried forth from late 2006 into mid 2007. The booming housing market meant plenty of mortgage products to go around helping a vast number of Brits secure that coveted home loan. However, in late 2007 due to the credit crisis, we're now seeing hundreds of mortgage products pulled from the shelves... Read More
Basic Points For First Time Buyers
When considering buying your first home it is recommend you speak with a certified and FSA regulated mortgage broker or Independent Financial Advisor (IFA) for help and guidance in choosing the right mortgage product according to your personal circumstances... Read More
Long-Term Fixed Rates Unlikely To Prove Popular
Alistair Darling has been advocating the idea of long-term fixed rate mortgages however, there doesn't seem to be a queue desperate to fix their loans for 25 years. Mostly due to fears of being "stuck" to one particular rate over the long haul borrowers seem to prefer the flexibility over rates... Read More
Buy To Let Investors Buck The Mortgage Trend
Despite everday news of falling house prices, buy to let investors were helping to 'support the market' as lending has increased by almost 40% compared to August last year. The buy to let market remains robust despite some of the pessimism... Read More
House Prices Fall Faster Than Anticipated
According to the Royal Institute of Chartered Surveyors the housing market is dropping faster than expected. According to reports, the number of house buyers continues to fall for the tenth month in a row. Despite this pessimism RICS says economy still strong... Read More
House Prices Down By 0.6%
Halifax, the nations largest mortgage lender, is showing a drop in house prices during the third quarter however the reason may not specifically be from the credit crunch. Rather the market is currently subdued and calculations were based on rises and falls during different months... Read More
Property Prices - Which Way Are They Headed?
Property price predictions continue to fluctuate according to multiple surveys. Lenders, surveryors, specialty sites, all have their own criteria to determine which way the house prices are headed. Despite the varied percentage points claimed, one common theme seems to reflect prices slowly falling... Read More
Will The Base Rate Come Down To Stimulate The Economy?
The impact of the global credit crisis has hit the US harder than the UK, however, organisations are maintaining that if the Bank of England's base rate is reduced this will stimulate the economy. Because of the credit crunch banks are unwilling to lend to each other leaving retailers unsure... Read More
UK House Prices Remain Robust, Reports Nationwide
UK house prices remain strong according to Nationwide's economists. Despite this however, some say the trend is still decelerating as banks continue to tighten lending criteria and raising interest rates even though the Bank of England rates remains unchanged.... Read More
Mortgage Numbers Decreasing
The number of mortgage approvals fell by 25% in August. Is this an indicator that the global credit crisis is affecting consumer confidence? Or, is this reduction the result of stricter lending policies and higher interest rates by the banks, particluarly to those with adverse credit?... Read More
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