Mortgage lending `bounces back` in June
26 July 2010
According to official figures from the Council of Mortgage Lenders (CML), mortgage lending `bounced back` to a six-month high during June, the Telegraph reports.... read more »
June: fall in mortgage lending
26 July 2010
According to figures from the British Bankers` Association (BBA), mortgage lending by the major UK banks fell in June, the BBC reports.... read more »
Self-certification mortgages could be banned by FSA
20 July 2010
Self-certification mortgages, which allow applicants to self-declare their income, may be banned by the FSA (Financial Services Authority), the Telegraph reports.... read more »
New mortgage rules proposed
15 July 2010
The Financial Services Authority (FSA) has proposed a range of measures which would help ensure that people don`t take on mortgages they can`t afford.... read more »
Mortgage interest `taking up lowest-ever proportion of incomes`
12 July 2010
Mortgage holders who moved home in May saw average interest payments account for the lowest proportion of their income in 35 years, according to the Council of Mortgage Lenders (CML).... read more »
Mortgage holders unaware of potential impact of interest rate rise
8 July 2010
According to the newly formed Consumer Financial Education Body (CFEB), around 74% of people with a mortgage said they did not know how a 1% increase in the Bank of England`s base rate would affect their monthly outgoings, The Telegraph reports.... read more »
Mortgages: need to act now?
5 July 2010
Homeowners have been warned that finding a new mortgage could become more difficult in the coming months, The Telegraph reports.... read more »
Mortgage market remains `stagnant`
1 July 2010
Figures released by the Bank of England have shown that the number of mortgages approved in May remained `broadly unchanged`, as activity in the housing market failed to pick up, the Guardian reports.
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New protection for struggling mortgage holders
28 June 2010
Struggling mortgage holders will benefit from additional protection once new rules are put in place. Outlined by the Financial Services Authority (FSA), the rules aim to help people who`ve fallen behind on their mortgage payments.... read more »
Number of mortgages approved continues to rise
24 June 2010
According to figures from the British Bankers` Association (BBA), mortgage lending in the UK `continued its spring rise into May`, the BBC reports.... read more »
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