Posted on Monday, October 5, 2015 | Selling
At its meeting in early September, the Bank of England’s Monetary Policy Committee (MPC) voted to hold interest rates at 0.5 per cent by an eight to one majority; Ian MacCafferty was the dissenter who voted for an increase in the interest rate...
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Posted on Monday, October 5, 2015 | Selling
Citizens Advice has warned that there could be almost a million mortgage borrowers with an interest only mortgage but no plan as to how they will repay the mortgage.
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Posted on Monday, October 5, 2015 | Selling
The August 2015 Land Registry data showed a monthly increase in average house prices across England and Wales of 0.5 per cent. In London prices increased by 1.7 per cent, exceeding all other regions; the East Midlands, Yorkshire & The Humber, and...
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Posted on Monday, October 5, 2015 | Selling
With the UK population living longer and working later in life, it comes as no surprise that our mortgage requirements are also beginning to change. High house prices have made it all the harder for first time buyers to get on the ladder and many...
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Posted on Friday, September 11, 2015 | Selling
With the tougher mortgage rules in place since 2014 getting a mortgage perhaps seems to be a more complex process than ever.
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Posted on Friday, September 11, 2015 | Selling
Lenders have always had differing distribution strategies, from relying entirely on mortgage brokers, to having different pricing for branches and brokers, to not accepting introduced business at all.
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Posted on Friday, September 11, 2015 | Selling
The hot topic of the moment is once again when will Base Rate start to rise. That was stoked up initially by the comments by The Governor of the Bank of England that the need to consider an increase would come into “sharper relief” around the...
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Posted on Friday, September 11, 2015 | Selling
Compared to the Stamp Duty overhaul last time round, the July budget was less dramatic for the housing market but still had a couple of notable changes.
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