January 14th, 2016
The Bank of England’s Monetary Policy Committee (MPC) has today held Base Rate at 0.5% once more, edging towards a 7-year anniversary of the current historic low.
Should Base Rate remain unchanged beyond March, it... Read More
January 13th, 2016
Pressure is building on lenders to review their maximum age limits after two firms this week loosened their criteria on lending into retirement.
Following the mortgage market review in 2014 many lenders request proo... Read More
January 7th, 2016
For those mortgage borrowers edging closer to the end of a tie-in period on their mortgage, taking the opportunity to review their interest rate could save hundreds of pounds per month. In particular, fixed rates have rema... Read More
January 6th, 2016
HM Revenue and Custom’s consultation period regarding the new changes to Stamp Duty Land Tax (SDLT) on second properties is now in full swing, ahead of final confirmation of the change in March’s Budget announcement.Read More
December 22nd, 2015
The cost of renting a home in the UK could increase at a faster rate than the cost of buying, according to recent research from the Royal Institute of Chartered Surveyors (RICS).
Simon Rubinsohn, RICS chief economi... Read More
December 18th, 2015
The number of 5 per cent deposit mortgage products available is at a post-recession high.
These figures come from London-based insurer Genworth who said the number of 5 per cent deposit mortgage products increased b... Read More
December 10th, 2015
According to research from TSB, many British home owners are not prepared for a rise in interest rates.
The TSB report revealed that almost three quarters of homeowners are likely to see their mortgage payments incr... Read More
December 10th, 2015
The Bank of England has today held Base Rate at 0.5% again, following December’s meeting of the Monetary Policy Committee.
It is now nearly seven years since the MPC dropped Base Rate to its current historic low, ... Read More
December 2nd, 2015
Barclays Bank is set to increase its minimum rental coverage on Buy-to-Let mortgages, in the wake of George Osborne’s Autumn Statement.
Following the news last week that BTL purchases would attract an additional 3... Read More
December 1st, 2015
Mortgage debt and unsecured credit saw a further increase in October in the run up to a decisive Bank of England meeting that could announce action to curb lending.
The total value of UK mortgage lending saw its big... Read More
