Two thirds of equity release advisors not up to scratch
August 17, 2009
It has been claimed that around two thirds of equity release financial advisors are not up to scratch, and are letting down the many pensioners that are turning to them for advice in the current climate. Read more
MPs think government mortgage plan will be a failure
August 14, 2009
MPs have recently stated that a government plan aimed at boosting the mortgage market is effectively doomed and will not have the desired effect. Officials from the Communities and Local Government (CLG) Committee said that the £50 billion scheme had been set to fail from the start, adding that in order to aid the mortgage market further measures had to be introduced. Read more
Fewer long term fixed rate mortgages available in UK
August 10, 2009
A recent report has claimed that there are fewer long term fixed rate mortgages now available, with a smaller selection of lenders now offering this type of mortgage loan. Read more
Consumer urged to be careful with eye catching mortgage deals
August 6, 2009
Industry experts have been urging consumers in the UK to be careful when going for mortgage deals that they think look too good to be true, as the chances are that they are too good to be true. Read more
Shared ownership hopes dashed for many people with damaged credit
August 4, 2009
Getting any sort of finance such as mortgage finance has always been difficult for those that have damaged credit, and in the past people with bad credit ratings that wanted to get a mortgage struggled for years, as lenders viewed them as high risk and therefore either refused them credit or charged them a very high rate of interest. Read more