News

October 7th, 2014

Historically, Contractors have been something of a financial outcast when it comes to mortgage services.

Mortgage lenders, mainstream ones anyway, have favoured a safety first approach for some time in relation ... Read More

October 2nd, 2014

The government is to assist potential homeowners to get on the housing ladder, in a radical new incentive announced by Communities Secretary Eric Pickles this week.

Under the new ‘Rent to Buy’ scheme, th... Read More

September 30th, 2014

For the second month in a row, the Bank of England (BOE) has revealed that mortgage approvals have fallen on the previous month’s activity. Property purchase levels dropped in August to 64,212, from 66,100 in July, a... Read More

September 25th, 2014

After temporarily removing Help to Buy options for home movers over the summer months, contractor friendly lender Nationwide Building Society has re-launched products for applicants looking to utilise the Government backed... Read More

September 18th, 2014

A review of 14 price comparison sites by industry regulator the Financial Conduct Authority, has offered some worrying opinion.

According to the FCA, consumers are not being given the correct information to help... Read More

September 17th, 2014

An improving economy and increasing house prices will see a vast increase in remortgage applications over the coming months, according to a leading niche brokerage.

Taj Kang, Operations Director of specialist br... Read More

September 11th, 2014

The Council of Mortgage Lenders (CML) has confirmed that it will publish revised lending guidelines in the coming weeks, with reference to the surprise decision taken by the Treasury to regulate so called ‘accidental lan... Read More

September 10th, 2014

The point at which the Bank of England Base Rate increases is getting closer, Governor Mark Carney told the Annual Trades Union Congress yesterday.

Carney said: “With many of the conditions for the eco... Read More

September 4th, 2014

The Bank of England base rate has been held at 0.5% again this lunchtime. The real question, however, will be about how many members of the nine-person committee voted to put rates up today, and how this will further compo... Read More

September 2nd, 2014

The Bank of England’s housing market assessment shows that purchasing activity was down on the previous month’s numbers, but figures continue to improve as it appears that mortgage lenders gradually get to grip... Read More