Remortgagers `hit by effect of repossessions`

9 December 2008
Homeowners trying to get a good deal when they remortgage their property, as well as those looking to sell, are being adversely affected by the impact of repossessions.... read more »

Repossession measures `a positive move`

9 December 2008
The government`s measures to assist people who are at risk of losing their home because they are struggling with their mortgage repayments is a "big step in the right direction", an expert has said.... read more »

Remortgage: the low-down

31 October 2008
Why remortgage? If you`re a new homeowner, you may ask why people don`t stay with their existing mortgage until the end of its term. After all, if you`ve just signed up to a mortgage that`ll run for (probably) decades, you`ll be forgiven for wondering why so many people are even thinking about remortgaging.... read more »

Can I remortgage in the credit crunch?

29 October 2008
Today, you might think remortgaging in a credit crunch would be harder - and you`d be right. But even though house prices are dropping and mortgages are less available, many thousands of people are still remortgaging... read more »

Remortgage: interesting Bank of England figures

1 January 2009

When house prices are falling, finding a remortgage can be difficult. Today, most experts seem to agree that we’re about halfway through a house price slump that’s expected to start turning around once prices have fallen 25-30% from their peak values – and house price trends are a major factor when it comes to remortgage deals.

Lenders don’t want to offer a remortgage that’s worth more than the property might be worth in a year or so, so most of them are only offering remortgage deals to homeowners who owe less (in secured debt) than 60-80% of their home’s value.

Equity release `declining in popularity`

8 January 2009
Consumers are not relying on equity release to the same extent as they were previously, it has been found.... read more »

Lender announces intermediary remortgage deals

15 January 2009
A UK lender has announced that three of its intermediary partners will be offering new remortgage deals.... read more »

What happens if I don’t remortgage?

26 January 2009
If you are coming to the end of your existing mortgage deal, then you may be considering a remortgage. A remortgage, in many ways, works in the same way as finding your first mortgage. However, a remortgage can be a very good opportunity to make savings on your monthly outgoings.... read more »

LTVs `preventing people from getting mortgages`

29 January 2009
First-time buyers are being prevented from entering the property market and securing a mortgage due to the loan-to-values (LTV) being demanded by banks.... read more »

Woolwich offers its lowest-ever fixed-rate mortgage

30 January 2009
Mortgage lender Woolwich has launched a new mortgage with a fixed rate of 2.29%, in a move that could spark increased competition in the market.... read more »

Home loans rise in December

2 February 2009
The number of home loans approved for house purchase rose in December, according to the latest figures from the Bank of England.... read more »

Base rate: all-time low of 1.5% ‘not the bottom’

27 January 2009
Currently 1.5%, the Bank of England’s base rate has reached an all-time low – but is likely to sink further yet, experts believe.... read more »

Remortgage "frenzy" predicted

5 February 2009
If fixed-rate mortgages continue to fall in cost, the UK may witness a remortgaging "frenzy", it has been claimed.... read more »

Mortgage lending ‘lowest for 34 years’

13 February 2009
New figures have shown that the number of mortgages granted last year was the lowest figure since 1974.... read more »

Remortgage – now, later or never?

17 March 2009
If you`re watching the base rate fall and wondering whether you should remortgage, read on.... read more »

Mortgage advice: finding the best remortgage rate

18 March 2009
With the Bank of England`s base rate at an all-time low of 0.5% (as of 5^th March 2009), there are many good remortgage deals out there, if you can just find the right one... read more »

Remortgage: repayment or interest-only?

18 December 2008

Are you thinking about a remortgage? Whether you`re coming to the end of your current mortgage deal or looking to get a better deal, the remortgage market might be able to offer you something interesting.

Negative equity: homeowners and mortgage debt

12 June 2009
Figures from the Bank of England`s latest quarterly bulletin estimate that up to 1.1 million households were in negative equity at the end of the first quarter of 2009. This means that up to 11% of homeowners with a mortgage owed their lender more than their property was actually worth.... read more »

Mortgage approvals rise in June

4 August 2009
The number of mortgages approved for house purchases in June increased to 47,584 - 3,415 higher than in the previous month, according to the latest figures from the Bank of England.... read more »

What is a remortgage?

16 September 2009
A `remortgage` is exactly what it sounds like - it`s a new mortgage which a homeowner can take out. This will pay off their current one, leaving them to start repaying the new one instead.... read more »