News Archive - September 2007

Buy-to-let property investors may see an upside of the global credit crunch.Following problems in the US sub-prime mortgage market, which were trigger...
Published: 28/09/2007

Individual Voluntary Arrangements (IVA) are growing in popularity among younger people.According to R3 (the Association of Business Recovery Professio...
Published: 28/09/2007

The current credit squeeze may have a beneficial impact on the buy-to-let sector.Savills says that landlords may benefit from the fact that some lende...
Published: 28/09/2007

It appears that fewer people were prepared to get their first mortgage in August and figures reveal that the number of loans for home purchase fell.Th...
Published: 27/09/2007

House prices continued to grow steadily in September despite widespread predictions that they would fall.The Nationwide House Price Index puts the ave...
Published: 27/09/2007

The majority of people would switch to a fixed-rate deal if they were forced to remortgage tomorrow.That is according to a new study by Abbey, which s...
Published: 27/09/2007

There has been a rapid decline in the number of first-time buyers (FTBs) in Northern Ireland.That is according to the Northern Ireland Housing Executi...
Published: 26/09/2007

The boom in Northern Ireland house prices over the last year is largely down to strong buy-to-let investment.According to the Northern Ireland Housing...
Published: 26/09/2007

The UK's buy-to-let investors are protecting themselves from rising costs by reducing the gearing on their portfolios.Portfolio gearing relates to the...
Published: 26/09/2007

First-time buyers (FTBs) are struggling to get onto the property ladder in London due to increasing levels of stamp duty.According to property search ...
Published: 26/09/2007

Consumers in the UK are putting themselves at risk of receiving county court judgements (CCJs) by increasing their levels of personal debt.Figures fro...
Published: 25/09/2007

A leading financial inclusion advisor has called for tighter regulation of the self certification mortgage sector.Mick McAteer, former director of pol...
Published: 25/09/2007

The UK sub-prime mortgage market is "comparable" to that in the US but on a smaller scale.That s the opinion of the International Monetary F...
Published: 25/09/2007

Confidence in the UK buy-to-let sector remains high, according to a new study.A survey by the Association of Residential Lettings Agents (Arla) shows ...
Published: 24/09/2007

A new study highlights the gulf that exists between first-time buyers (FTBs) and current property prices in England and Wales.According to Halifax Est...
Published: 24/09/2007

The crisis in the sub-prime mortgage sector has revealed itself with startling clarity.Barclays has announced that it intends to sell its sub-prime lo...
Published: 24/09/2007

First-time buyers (FTBs) are being priced out of the UK housing market by an increasing number of buy-to-let investors.That is according to pressure g...
Published: 21/09/2007

First-time buyers (FTBs) are not being affected by the global credit crunch any more significantly than other borrowers.That is according to the Counc...
Published: 21/09/2007

The average house price in the north-east of England reached its highest level in 2006.According to new figures published in the Annual Housing Summar...
Published: 20/09/2007

The value of mortgages lent by banks increased in August, but the overall figure fell.Statistics from the British Bankers' Association (BBA) show that...
Published: 20/09/2007

New home prices fell in August, according to the latest set of statistics.Figures from SmartNewHomes.com show that the average new home cost £259...
Published: 20/09/2007

There was no doubt among members of the Bank of England's Monetary Policy Committee (MPC) that the base rate of interest should be frozen in September...
Published: 19/09/2007

Demand for rented accommodation is set to be fuelled by a cooling of the housing market.That is according to the Association of Residential Lettings A...
Published: 19/09/2007

First-time buyers (FTBs) tend to be very realistic when it comes to the amount of money they need to remain on the property ladder.It may be assumed t...
Published: 19/09/2007

A new report from parliament's Treasury Committee has recommended that the Bank of England reveal how its policymakers have voted at the same time as ...
Published: 18/09/2007

Consumers have a realistic view of the housing market and will not be spooked by a short-term fall in property prices, new research by Ipsos Mori has ...
Published: 18/09/2007

Skipton Building Society has lowered the rates on its range of fixed-rate mortgages, which now start at 5.49 per cent. Steve Aldous, general manager ...
Published: 18/09/2007

Homeowners are losing out on large amounts of cash because they are too lazy to remortgage their property, one expert has said. According to Louise Cu...
Published: 17/09/2007

Predictions that the Bank of England will continue to raise interest has seen millions of Brits beginning to save, it has been reported.Although the b...
Published: 17/09/2007

A new report has revealed that vendors across the UK are reducing the asking price of their homes.For the first time since August 2004, this month has...
Published: 17/09/2007

Despite the fact that rates have been going up for many borrowers looking for self certified mortgages and other products, Moneyfacts.co.uk has claime...
Published: 14/09/2007

Abbey has announced reductions in a number of its fixed rates for new buyers, with one of its remortgage deals among the changes.The adjustments apply...
Published: 14/09/2007

People looking for a first mortgage and other home loan hunters are being advised to think carefully about their options after reports of an increase ...
Published: 14/09/2007

Growth in house prices will stay slow over the coming months as borrowers' finances continue to come under pressure, it has been claimed.Commenting af...
Published: 13/09/2007

New buyers looking for a first mortgage that will charge them a consistent rate for a sustained period of time will be interested to hear about a new ...
Published: 13/09/2007

House price growth turned negative in August as demand slowed down, according to the Royal Institution of Chartered Surveyors (Rics).The group's lates...
Published: 13/09/2007

House-buyers looking to take out a mortgage will be confused today after heated exchanges between financial advice website Fool.co.uk and Nationwide, ...
Published: 12/09/2007

House price rises may be a blow for first-time buyers but for those with buy-to-let mortgages, things are looking up, recent research has revealed.The...
Published: 12/09/2007

New research has revealed that brokers still have confidence in the sub-prime market despite the current "turbulence" in the sector.Accordin...
Published: 12/09/2007

The number and value of home loans for both purchase and remortgage fell in July, the Council of Mortgage Lenders (CML) has revealed.Overall there wer...
Published: 11/09/2007

A new survey released by the Royal Institution of Chartered Surveyors (Rics) claims that the rental sector is enjoying record levels of growth.Buy-to-...
Published: 11/09/2007

Alliance & Leicester is offering lower rates and a remortgaging cashback incentive on its prime mortgage deals as of today.Customers who are remor...
Published: 11/09/2007

The Skipton Building Society has unveiled a pair of capped-rate mortgages that it claims will offer security to borrowers on a budget.Rates on the thr...
Published: 10/09/2007

The Royal Institution of Chartered Surveyors (Rics) has responded to strong house price figures from the Department for Communities and Local Governme...
Published: 10/09/2007

The Department for Communities and Local Government (DCLG) has released its latest house price data, revealing that the average home in the UK cost &#...
Published: 10/09/2007

The National Association of Estate Agents has welcomed the Bank of England's decision to hold interest rates and said that a period of stability will ...
Published: 07/09/2007

Many would-be homebuyers are so eager to get themselves a first-time buyer mortgage and get a foot on the property ladder that they are willing to com...
Published: 07/09/2007

Having been held at 5.75 per cent for September, the base rate of interest is likely to stay consistent for the coming months before falling in 2008, ...
Published: 07/09/2007

Financial group Torquil Clark has responded to a report from Nationwide claiming that 250,000 borrowers will be coming to the end of a fixed-rate deal...
Published: 06/09/2007

The Bank of England has announced that the base interest rate will remain at 5.75 per cent for September.In a move that had been widely predicted by f...
Published: 06/09/2007

Nationwide has urged fixed-rate borrowers who will see their mortgage mature between October and December to consider remortgaging to protect themselv...
Published: 06/09/2007

The Royal Institution of Chartered Surveyors (Rics) has responded to house price figures from Halifax and suggested that the underlying strength in th...
Published: 05/09/2007

House prices increased by just 0.4 per cent in August, making it the third month in the last four to see growth of less than 0.5 per cent, according t...
Published: 05/09/2007

The Coventry Building Society has announced a range of updates to its mortgage range, with free legal packages on offer for people hoping to remortgag...
Published: 05/09/2007

The Bank of England (BoE) is in 'wait and see mode' and is likely to leave interest rates unchanged in September, according to a financial research fi...
Published: 04/09/2007

Many short-term fixed-rate deals on the mortgage market are falling below the Bank of England base rate, according to research.In news that will be we...
Published: 04/09/2007

Buy-to-let mortgage customers could benefit if they take out their deal on an interest-only basis, according to the Council of Mortgage Lenders (CML)....
Published: 04/09/2007

Despite rising interest rates potentially increasing the cost of buy-to-let mortgages, landlords' confidence is at its highest ever level, according t...
Published: 03/09/2007

An increasing number of homeowners are showing a preference for renovating their existing property rather than going through the stress and expense of...
Published: 03/09/2007