28/01/2009
Two thirds of first-time buyers cannot correctly identify the letters KFI with regards to mortgage advice.
According to new research by the Halifax, the UK's leading mortgage lender to first-time buyers, only a third of those new to the property ladder are aware KFI stands for Key Facts Illustra... read more
According to new research by the Halifax, the UK's leading mortgage lender to first-time buyers, only a third of those new to the property ladder are aware KFI stands for Key Facts Illustra... read more
20/01/2009
The Council of Mortgage Lenders (CML) and Royal Institute of Chartered Surveyors (Rics) have welcomed the government announcements to support lending in the economy.
The CML says the conditions and level of fees imposed on lenders who wish to use the new measures will be particularly important i... read more
The CML says the conditions and level of fees imposed on lenders who wish to use the new measures will be particularly important i... read more
19/01/2009
Construction redundancies could reach 90,000 in the first half of 2009, according to the Federation of Master Builders (FMB).
Over half of FMB registered construction companies have made people redundant in the last three months, and some 52 per cent of all FMB companies plan to make further red... read more
Over half of FMB registered construction companies have made people redundant in the last three months, and some 52 per cent of all FMB companies plan to make further red... read more
15/01/2009
HSBC has launched its lowest mortgage rate ever at 2.99 per cent – but only for those who meet the strict criteria.
The new range of mortgages includes the Premier two-year discount rate, available at 2.99 per cent, and new trackers, available to customers with a 25 per cent deposit.
The new... read more
The new range of mortgages includes the Premier two-year discount rate, available at 2.99 per cent, and new trackers, available to customers with a 25 per cent deposit.
The new... read more
15/01/2009
Vince Cable MP led a debate at Westminster yesterday, questioning the government’s response to the increase in home repossessions.
The Association of Mortgage Intermediaries (AMI) had prepared a parliamentary briefing for Mr Cable, the Liberal Democrat treasury spokesman, ahead of the debate, vo... read more
The Association of Mortgage Intermediaries (AMI) had prepared a parliamentary briefing for Mr Cable, the Liberal Democrat treasury spokesman, ahead of the debate, vo... read more
12/01/2009
London house prices fell faster during 2009 than anywhere else in the UK it was revealed today.
While the year-on-year average decline nationally was 12.8 per cent, London saw a drop of 13.3 per cent according to the Chesterton House Price CEBR Poll of Polls for December.
December marked the... read more
While the year-on-year average decline nationally was 12.8 per cent, London saw a drop of 13.3 per cent according to the Chesterton House Price CEBR Poll of Polls for December.
December marked the... read more
07/01/2009
The chief economist for a major UK bank has warned housing market predictions for 2009 are being unrealistic in such a fickle climate and may even add to uncertainty.
Fionnuala Earley, Nationwide's chief economist, has suggested how, despite the recession seen in the final quarter of 2008, the e... read more
Fionnuala Earley, Nationwide's chief economist, has suggested how, despite the recession seen in the final quarter of 2008, the e... read more
05/01/2009
Britain's struggling economy may force interest rates down to zero per cent in 2009, an expert has said.
The Bank of England's monetary policy committee (MPC) will announce on Thursday the extent of the expected cut in interest rates from their current rate of two per cent.
Businesses are ca... read more
The Bank of England's monetary policy committee (MPC) will announce on Thursday the extent of the expected cut in interest rates from their current rate of two per cent.
Businesses are ca... read more