Mortgage lending halves as tax break ends
Mortgage lending to people buying a home dived by 49 per cent during January
following the end of the Government's stamp duty holiday, figures showed
today.
Fri, 12 Mar 2010 10:05:21 +0000
Interest on fixed rate mortgages at six-year low
The interest charged on two-year fixed rate mortgages fell to a
six-and-a-half-year low during February in a further sign that competition
was slowly returning to the market, figures showed today.
Tue, 09 Mar 2010 10:58:29 +0000
Olympic house lettings under starter's orders
With the Winter Olympics over, the world's gaze turns to London which will host the summer games in two years' time. Concerns over transportation, ticket allocation and security aside, many Londoners ? and those outside the capital but near major events ? are thinking one thing: how can I make extra cash when the Olympics come? The most obvious answer is to rent out their homes to some of the millions who will be visiting during Olympics fortnight, or take in a lodger.
Sun, 07 Mar 2010 00:00:01 +0000
Switch mortgages to get better savings
With the Bank of England keeping the base rate at 0.5 per cent on Thursday, there is little prospect of decent returns for savers any time soon.
Sat, 06 Mar 2010 00:00:01 +0000
Fears grow of double dip for UK housing market
The housing market seems set to undergo its own "double-dip" recession, with Halifax announcing yesterday that there was a 1.5 per cent fall in house prices between January and February, and with the slow economic recovery now on course to depress sentiment for the rest of the year.
Fri, 05 Mar 2010 00:00:01 +0000
Mortgage market blooms
February marked the first fall in house prices for nine months which could tempt more borrowers to consider moving or buying a home. The 1 per cent decline in prices over the previous month's figures was due to special factors, such as the bad weather and the expiry of the holiday on stamp duty, according to the Nationwide.
Sun, 28 Feb 2010 00:00:01 +0000
Santander cuts deposits for first-time buyers
Banking giant Santander announced today it was slashing the deposits it
demands from first-time buyers purchasing new-build properties.
Wed, 24 Feb 2010 16:30:08 +0000
Stamp duty change sees mortgage lending slump
Mortgage lending slumped to an eight-and-a-half-year low during January as the
housing market suffered a lull following the end of the Government's stamp
duty holiday, figures showed today.
Tue, 23 Feb 2010 13:23:54 +0000
If sellers have agents, why can't buyers?
Where the re-invigorated property market means smooth sailing for sellers, for
buyers it means prices and competition are heating up, making the task of
completing a purchase even more daunting.
Sun, 21 Feb 2010 00:00:01 +0000
Five questions to ask about: Fixed rate mortgages
Sat, 20 Feb 2010 00:00:01 +0000
More than 2,000 different mortgages available
The number of different mortgage products available has broken through the
2,000 barrier for the first time in more than a year, figures showed today.
Fri, 19 Feb 2010 12:41:11 +0000
Mortgage lending dives as stamp duty holiday ends
Mortgage lending dived to a 10-year low during January as the housing market
suffered a lull following the end of the Government's stamp duty holiday,
figures showed today.
Thu, 18 Feb 2010 09:57:42 +0000
Tide turns for homeowners thinking of remortgaging
After two years of torpor, the mortgage market is stirring once again. House price in some parts of the UK are recovering and it seems that lenders are once again doing what they are meant to do ? lend. For the first time in a long time, we are seeing new products coming to market and the first buds of competition.
Sun, 14 Feb 2010 00:00:01 +0000
Simon Read: No Minister, repossession is not the best option
Mortgage lenders pronounced themselves pleased with the 2009 repossession figures published on Thursday. But with the number of people having their homes snatched climbing 15 per cent in a year to their highest level since the mid-1990s, there's little to cheer. Michael Coogan, the boss of the Council of Mortgage Lenders, took comfort in the fact that the figures were lower than he had expected. Is that really good news? Of course not.
Sat, 13 Feb 2010 00:00:01 +0000
Spotlight: Lloyds? 1.99% tracker mortgage
The deal
Sat, 13 Feb 2010 00:00:01 +0000
Home repossessions soar to 14-year high
The number of people who lost their home soared to a 14-year high during 2009,
as the recession continued to take its toll, figures showed today.
Thu, 11 Feb 2010 14:00:34 +0000
Buy-to-let lending rise boosts sector
Buy-to-let lending grew for the second consecutive quarter during the final
three months of 2009 as the market continued to show signs of improving,
figures showed today.
Thu, 11 Feb 2010 12:34:29 +0000