Mortgage News
Quick links to latest articles:Mortgage providers don’t ‘automatically benefit’ from rate cuts
19 November 2008
Mortgage providers do not automatically benefit from base rate cuts, the Council of Mortgage Lenders (CML) has pointed out.... read more »
Mortgage rescue scheme in development
18 November 2008
The Government is developing a mortgage rescue scheme for vulnerable households in England and Wales.... read more »
Home sellers plummet by 43%
18 November 2008
Rapidly falling house prices have caused the number of people selling their homes to plummet by 43% in a year, according to housing market experts.... read more »
Some families `may be unable to remortgage`
18 November 2008
Households across the UK may be unable to remortgage their properties due to having insufficient equity, a publication has warned.... read more »
Fixed-rate mortgages drop below 4% milestone
17 November 2008
The Bank of England’s ‘shock’ base rate cut seems to be working in borrowers’ favour, with a leading mortgage lender offering a fixed-rate mortgage deal with 3.99% interest.... read more »
Rising unemployment `hitting Scottish house prices`
17 November 2008
An increase in unemployment has contributed to falls in Scotland`s house prices, an expert has said.... read more »
More mortgage providers pass on base rate cuts
13 November 2008
More mortgage providers are passing on the Bank of England’s 1.5% base rate cut.
... read more »
First-time buyer mortgage rates up 0.75% in one year
13 November 2008
Mortgage rates for first-time buyers are up 0.75% compared with last year, despite cuts in the base rate, according to a new survey.
... read more »
Stamp duty change helps mortgage hunters
13 November 2008
Finding a deposit for a mortgage became a bit easier in September, when the government raised the threshold for stamp duty.
... read more »
Further rate cuts `may be needed`
13 November 2008
Further reductions in the UK`s base rate of interest may be necessary, it has been suggested.... read more »