News

April 24th, 2014

During the summer of 2013, a shortage of surveyor support elongated processing times for a mortgage application in the UK. Market wide concern has again appeared this month, as reports suggest that large surveying firms ar... Read More

April 23rd, 2014

The chief executive of the Financial Conduct Authority has this week suggested that shorter term fixed rates could be a thing of the past, as lenders begin to feel the effects of the Mortgage Market Review.

Mart... Read More

April 16th, 2014

The Mortgage Market Review (MMR) outlines a clear set of rules which are being introduced to reinforce Consumer Protection, overseen by the Industry Regulator, The Financial Conduct Authority (FCA) and will be applied ... Read More

April 10th, 2014

One of the markets leading buy to let lenders, BM Solutions, announced just under a month ago that they would be opening criteria to allow for first time buyers to raise finance for new investment property purchases. F... Read More

April 10th, 2014

Some of the UK’s largest mortgage lenders have announced how long a borrower should expect to be interviewed for regarding their mortgage requirements under strict new mortgage rules that go live on 26th April. These rul... Read More

April 10th, 2014

The Bank of England has held the base rate at 0.5% this lunchtime, as the mortgage industry in the UK approaches the most fundamental changes since the onset of the credit crisis in late 2007. This is on the back of revise... Read More

April 9th, 2014

As the Mortgage Market Review D-Day of 26th April rapidly approaches, there has been a swell of demand for fixed rates in a mortgage market bracing itself for the stormy winds of change.

As lenders become increasin... Read More

April 1st, 2014

The long awaited publication of the Financial Conduct Authority’s Mortgage Market Review takes place today, with the focus squarely on all lenders to refine and improve the processes used to assess the feasibility of... Read More

March 27th, 2014

An unexpected drop that has taken the rate of inflation to the lowest level inside four years to 1.7 per cent has opened the door for the Bank of England to further delay a raise to the bank base rate. While interest rates... Read More

March 25th, 2014

Startling research recently by mortgage administration company HML has revealed that half a million UK home owners are living in properties that are worth less than the outstanding mortgage.

Northern Ireland fares w... Read More