Revamp Your Finances in 2010

Posted:2010-01-07 11:34:59 - By Zopa

Want to start afresh this year, but don't fancy the high loan rates on the High Street? If you want to cut up the credit cards for good, invest in a new motor, or even want to give your home a fresh look,

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July House Purchase Loans up 19% on Last Year - CML

Posted:2009-09-14 18:10:09 - By Liam Bailey

UK 14 September 2009 - Mortgage lending increased massively in July according to a new survey by the Council of Mortgage Lenders, who revealed the first significant increase in mortgage lending since July

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Mortgage Data: First Time Buyers Prevalent in UK Housing Market

Posted:2009-08-22 10:04:06 - By Emma Louise Bailey

UK 22 August 2009 - The number of mortgages being approved for house purchases is continuing to increase at a steady rate this year. The British Bankers Association revealed that the value of house purchase

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UK Housing Market: What's Really Behind Record Low Mortgage Lending

Posted:2009-05-29 07:34:58 - By Liam Bailey

Mortgage lending for new home purchases rose 4% last month according to the British Bankers Association, but is still at shockingly low levels with just over twenty-seven and a half home purchase mortgages

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Mortgage Lending Fall Means no UK Housing Market Recovery in Sight

Posted:2009-05-22 14:05:44 - By Liam Bailey

The volatility of the UK housing market has once again bounced onto centre stage and danced all over the recent hopes for recovery caused by "various indicators". I couldn't believe it when I read an

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Commentary on CML Data: 12,800 Homes Repossessed Q1 2009

Posted:2009-05-15 17:23:47 - By Michelle Conlay

The Council of Mortgage Lenders today revealed that 12,800 UK homes were repossessed in the first quarter of this year, compared to 10,400 in the last quarter of last year, and 8,500. The CML now thinks

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HBOS to Offer 120% LTV Mortgages to Homeowners in Negative Equity

Posted:2009-04-14 18:50:57 - By Emma Louise Bailey

HBOS, a conglomerate of Halifax and the Bank of Scotland, which is now part of the Lloyds banking group, is to offer 120% fixed rate remortgage deals to homeowners in negative equity who are nearing the

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Dubai Property Prices to Keep Falling - Whether Banks Lend or Not

Posted:2009-03-27 08:23:32 - By Liam Bailey

A Middle East mortgage broker has said that UAE property prices, especially in Dubai will decline a lot further unless banks restart lending. "If financing and liquidity comes in, that will soften the

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UK Property: Falling Savings Deposits+Rising Mortgage Lending=?

Posted:2009-03-24 22:08:02 - By Scott Bailey

Savings deposits fell by £73million in February, following a drop of £200million in January as returns deteriorate; with some accounts now paying 0% returns to savers. Some are saying that

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UK Property: Who Benefits Most From Returning Fixed Rate Mortgage

Posted:2009-03-19 22:41:54 - By Liam Bailey

I am rather baffled that more commentators aren't sceptical that the banks have brought back five year fixed rate mortgages now. I have read two articles one in the Daily Mail and one on Hotproperty.co.uk,

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UK Mortgage Lending Hits Lowest Level Since 2001

Posted:2009-03-19 13:15:20 - By Emma Louise Bailey

Gross mortgage lending in the UK fell a further 15% in February, down to just £9.9 billion; the lowest level since February 2001 according to latest figures released by the Council of Mortgage Lenders

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UK Property: Housing Market Recovery Hinges on Three Things

Posted:2009-03-18 17:58:01 - By Liam Bailey

It is has become apparent that the UK housing market recovery is dependent on three things, all of which are going to take an indeterminate amount of time to resolve: sellers realising that it is a buyer's

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Ask Yourself About the UK Property Market Recovery

Posted:2009-03-15 22:03:53 - By Liam Bailey

I just read an article on the UK property market, by Guardian Money editor Patrick Collinson, his closing statement was one of the most poignant I have read about the UK property downturn; he writes:"No

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UK Govt's Further Measures to Increase UK Mortgage Lending

Posted:2009-02-24 11:37:29 - By Emma Louise Bailey

Alistair Darling has offered to drop Lloyds Banking Group's £480m annual interest bill on a taxpayer loan, in return the bank will be expected to provide billions of pounds in new mortgage lending

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Northern Rock to Increase New Mortgages by £14billion by 2010

Posted:2009-02-23 17:48:51 - By Scott Bailey

Northern Rock is to increase mortgage lending by £14 billion in the next two years. The bank has agreed a Treasury sponsored business strategy that will introduce around £5billion in new mortgage

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