News

February 20th, 2014

A group of UK lenders have started the next phase of mortgage rate increases by targeting a new category of mortgage products – those for contractors with low deposits. The latest move follows further increases in fixed ... Read More

February 18th, 2014

As interest rates increases now appear to be inevitable over the next 12-24 months, many market experts are reflecting on what is the best strategy for contractors looking to either take on a new mortgage or to refinance t... Read More

February 13th, 2014

The good news for contractors looking for a mortgage loan is that the Bank of England have confirmed that increases to the base rate will not be imminent, amid speculation that the sharp decrease in unemployment figures wo... Read More

February 10th, 2014

There was further positive news for Contractors this week, after it was revealed that the average age of Contractor homebuyers is nearly five years younger than the national average.

Research conducted by Contractor... Read More

February 6th, 2014

The Bank of England has again held the base rate at the record low of 0.5%, amid ominous news from economic forecasters about how long this can be sustained. Mortgage lenders who support contractors with competitive High S... Read More

February 4th, 2014

The positive news across the housing sector has continued unabated in recent weeks, and the buoyant mood appears set to continue as new figures from the National House Building Council show that the level of new properties... Read More

January 30th, 2014

There was further welcome news for Contractors recently, when it was announced that Kensington Mortgages would be entering the Contractor Mortgage market.

Exact details on their full criteria are yet to be establish... Read More

January 28th, 2014

The Confederation of British Industry has today released a report proclaiming that the UK economy is growing faster than at any other point since the onset of the financial crisis in 2008. The figures were derived from the... Read More

January 23rd, 2014

When Mark Carney revealed his plans last August to keep interest rates at 0.5 per cent, until the UK unemployment rate dropped to 7%, he would not have expected to make a decision on the matter for at least another 12 mont... Read More

January 22nd, 2014

Industry figures from the Council of Mortgage Lenders (CML) revealed that borrowing in December was up by a substantial 49% in comparison to the previous year, amongst reports of a surge in demand for fixed rate mortgage p... Read More