Archive for the ‘ Mortgages ’ Category
January 15, 2010
- Home mortgage cost hits 13-year low
The cost of mortgage repayments for homeowners buying a new property hit a 13-year low during November, figures have shown. (…)
January 12, 2010
- 1m use credit cards to pay rent
An estimated one million families have resorted to using credit cards to pay their mortgage or rent during the past year, research has shown. (…)
January 8, 2010
- Cautious Bank keeps rates on hold
The Bank of England has held interest rates at a record low as policymakers treated recent signs of a tentative recovery with caution. (…)
January 4, 2010
- Property 'now more affordable'
Property is now affordable for first-time buyers in nearly four out of 10 areas of the UK, research has suggested. (…)
December 18, 2009
- First-time buyers hit lowest level
The proportion of first-time buyers purchasing property fell to its lowest level for a year during November, research has shown. (…)
November 20, 2009
- Mortgage lending up five per cent
Mortgage lending rose by 5% during October as the market continued to recover from its traditional summer dip, figures showed. (…)
November 17, 2009
- Warning over stamp duty 'holiday'
The end of the Government's stamp duty holiday will hit the housing market hardest in regions that are already failing to benefit from the recovery, the Royal Institution of Chartered Surveyors (RICS) has warned. (…)
November 13, 2009
- Buy-to-let mortgage market growth
The buy-to-let mortgage market grew for the first time in two years during the third quarter, figures have showed. (…)
November 11, 2009
- House prices continuing to rise
House prices rose for the sixth month in a row during September, jumping by 1.2%, Government figures have shown. (…)
November 6, 2009
- Five buyers chasing every property
There are five potential buyers chasing every property on the market as demand continues to outstrip supply, research has shown. (…)
November 2, 2009
- House prices higher than a year ago
Mortgage lender Nationwide said house prices rose 0.4 percent in October, leaving them 2.0 percent higher than a year ago in their first annual rise since March 2008. (…)
October 19, 2009
- Plan to test mortgage affordability
Borrowers face a mortgage affordability test from lenders amid plans by the Financial Services Authority (FSA) to step up the regulation of home loans. (…)
October 15, 2009
- Call to scrap 'outdated' stamp duty
Stamp duty is an "anachronistic" tax on aspiration and should be reformed, property professionals have said. (…)
October 8, 2009
- High mortgage for small depositors
People with small deposits are being charged twice as much for mortgages as those with more money to put down, research has showed. (…)
September 28, 2009
- Property market 'stabilising'
The oversupply of properties in the letting market is beginning to stabilise as the number of people looking to rent a home picks up, research has shown. (…)
September 25, 2009
- Sharp increase in mortgage lending
Mortgage lending by the major banks rose by 46% in August following a dip during the previous month, figures have shown. (…)
September 23, 2009
- Mortgage approvals up 81% in year
The number of mortgages approved by the major banks in August was up 81% from the same month a year ago when the financial crisis was about to hit. (…)
September 22, 2009
- Launch of Lloyds securities could help to boost mortgage supply
Lloyds Banking Group revealed yesterday that it was hoping to find buyers this week for more than £2.8 billion of new mortgage-backed securities. (…)
- Nearly one in three homebuyers benefit from the increase in stamp duty threshold
The lowest stamp duty threshold was temporarily raised from £125,000 to £175,000 a year ago1. (…)
September 21, 2009
- LibDems propose tax on owners of expensive homes
Owners of homes worth more than one million pounds would have to pay an extra property tax to subsidise tax breaks for the poor under plans announced by the Liberal Democrats on Monday. (…)