Tuesday, 13 April 2021

What are equity release schemes?

Equity release is a product that allows you to easily release “equity” or profit in your current home without selling it by providing you...

Self-employed locked out

Three new mortgage products aimed at self-employed workers have been launched after research reveals that 77% of people working for themselves are concerned about...

Net mortgage lending rises despite fall in number of home loan approvals

The number of mortgage approvals slipped back in May, according to the Bank of England, after hitting their highest levels in more than a...

Bank eases fears of immediate interest rate rise

Fears that the Bank of England will raise its base rate above 0.5% before the end of the year have been calmed by the...
Who will have a mortgage after retirement?

Fears over property finance in retirement rise

More mortgage borrowers aged between 20 and 29 are expressing concerns about access to property finance in retirement than any other age group. Research conducted...

Mortgage approvals rise at fastest rate since 2009

The number of homebuyer mortgages approved by high street banks has risen at its fastest rate since 2009 after a price war broke out...

New guide to take mystery out of mortgage applications

A failure to understand new rules on mortgage affordability is preventing a growing number of people from moving home. The Mortgage Market Review – which...

Buy-to-let investors take 18% of mortgage market

Buy-to-let investors are driving a recovery in the mortgage market that saw the total number of home loans issued rise 16% month-on-month in March,...

How To Find Cheaper Finance for Property Development

The marketplace for UK Property Development Finance is changing; that’s a fact. There is currently a substantial increase in the number of entrants seeking...

Mortgage prisoners offered escape route

The introduction of the Mortgage Market Review on 26 April 2014 was designed to ensure all mortgage lending was truly affordable for borrowers.  But...