Mortgage lending sees a drop
October 19, 2009
According to a recent report there was a drop in mortgage lending for the month of August, with lending levels falling by around 13 percent. These figures were released by the Council of Mortgage Lenders, which said that mortgage lending for the months of August fell to around £12.6 billion from the £14.5 billion seen in July. Read more
More price rises reported by surveyors
October 14, 2009
It has been reported that a rising number of surveyors have been reporting property price increases, further fuelling speculation that the property market may have bottomed out and that prices are now on the up. Read more
Thirty percent rise in mortgage arrears
October 13, 2009
A recent report has shown that although the base interest rate has fallen to its lowest level in history, at just 0.5 percent, the level of mortgage arrears in the UK has soared by 30 percent over the past year. Read more
Staying focussed on your finances
October 9, 2009
With the financial climate still very turbulent in the UK it has become increasingly important for consumers to keep a tighter reign on their finances. Read more
Stamp duty due to come back at end of year
October 6, 2009
Last year saw the UK government suspend stamp duty on properties between the values of £125,000 and £175,000 with the aim of making property purchases more affordable in the difficult financial climate and as a result reviving the property market, which has been experiencing severe problems. Read more
More people looking to move house
October 2, 2009
Officials from a well known financial website have reported that consumer confidence in the mortgage and property markets seems to be growing, as it has seen a significant increase in the number of potential buyers that are enquiring about getting a mortgage. Read more