Help to Buy ISA announced
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Help to Buy ISA announced Chancellor George Osborne was about to close his Budget address, when he announced a new scheme to help would-be first-time buyers to save for a deposit. The Help to Buy ISA allows would be buyers to save up to £200 a month, with the Government adding a […]
Stay on top of your mortgage
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Stay on top of your mortgage As the UK economy continues to improve, an increase in interest rates is now widely expected at some point in 2015. Higher rates will be welcomed by savers, who have had a lean time over the past few years. Having reached a recent peak of 5.75% […]
Bank of England Interest rate rise getting closer
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Bank of England Interest rate rise getting closer Bank of England governor Mark Carney says an increase in the base interest rate is “getting closer” but will not return to pre-crisis levels. UK economy is beginning to “normalise” and suggested interest rates could soon follow suit. With many of the conditions for […]
Getting a Mortgage from April 26th 2014
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Getting a Mortgage After The new Mortgage Market Review April 26th 2014 · What you need to know when you get a new mortgage or · change your existing mortgage. · New mortgage rules that will affect you New mortgage rules that will affect you In the past, some people were allowed […]
Borrowers may have to wait weeks for branch adviser meetings
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Borrowers may have to wait weeks for branch adviser meetings Borrowers could be forced to wait weeks for an appointment with lenders’ mortgage advisers after the Mortgage Market Review as firms race to get qualified staff in place. Last week, a business development manager at one of the UK’s biggest lenders warned […]
Nearly two-fifths of British house hunters fear mortgage rejection
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Nearly two-fifths of British house hunters fear mortgage rejection Nearly two-fifths (38 per cent) of house hunters are concerned they will be rejected for a mortgage, according to new research by TSB. The survey of 2,014 people showed younger buyers – those under the age of 35 – are particularly concerned about […]
Borrowers fear interest rate hike above anything else in 2014
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Borrowers fear interest rate hike above anything else in 2014 More than one in four borrowers say their biggest concern for the housing market in 2014 is the threat of rising interest rates, according to the Building Societies Association.
Help to Buy
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Help to Buy Are these new 95% LTV Help to Buy mortgages available throughout the whole of the UK? Unlike Help to Buy 1 (the new build shared equity scheme), mortgages on Help to Buy 2 can be arranged on properties in any part of the UK, subject to the lender’s criteria.
Look beyond Help to Buy at all the options
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Look beyond Help to Buy at all the options The Help to Buy mortgage guarantee scheme is making the headlines at the moment given its earlier-than-expected launch at the Conservative Party conference. But it may not be suitable for everyone and there may be alternatives especially as many regional building societies already […]
Barclays lowest ever fixed rate
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Barclays is set to introduce its lowest ever fixed rate mortgage at 1.79 per cent. The two-year ‘mass affluent’ fixed rate is available to 65 per cent loan-to-value and is available for loans between £500,000 and £2m. It has a £1,999 fee.