Mortgage News
Cash no longer king says LSL Property Services
Cash buyers are losing their grip on the property market as mortgage-backed house purchases rally, according to LSL Property Services PLC, owners of the second largest estate agency group in the UK with national brands Your Move and Reeds Rains.
Leeds Building Society January mortgage sale
Leeds Building Society is transforming its current 3 Year Fixed Rate product range into an excellent range of fees assisted New Year sale products, where customers can save up to £1,135.
Free repossession advice helps more than 33,000 people
Thousands of families have been able to celebrate the Christmas holidays having been helped by the government's Housing Possession Court Duty Schemes to avoid eviction from their homes.
Remortgage activity rising
Conveyancing Alliance, the online conveyancing distributor, has revealed an increase in its month-on-month remortgage activity in November.
Resurgent East Midlands property market
Seven months of sustained growth emphasises the scale of buyer optimism that has returned to The Nottingham's heartland markets.
RICS: BBA November mortgage approval figures
Commenting on the BBA mortgage approval figures RICS Senior Economist Oliver Gilmartin, said: "Today's numbers add further weight to our view that house prices will continue to move higher during early 2010.
Mortgage lending in November holds up
While mortgage lending continued to hold-up in November unsecured loans to consumers dropped further while personal deposits increased by less than in recent months, according to the British Bankers Association (BBA).
YBS increases cashback on first-time buyer mortgages
Yorkshire Building Society has increased the cashback on its competitive first time buyer mortgages to help new homeowners cover the cost of the increase in Stamp Duty.
Mortgage market slowly on the up
Analysis from moneysupermarket.com has shown that the supply end of the mortgage market has gradually recovered since reaching its nadir in August this year. However the total number of mortgage products available are still 27 per cent down since the start of the year.
Mortgage lending fell 10 per cent in November
Gross mortgage lending totalled an estimated £12 billion in November, a 10% drop from £13.3 billion in October and down 14% from £13.9 billion in November of last year, according to new data from the Council of Mortgage Lenders.
First time buyers drop out of market
The proportion of first time buyers (FTBs) looking to put a foot on the property ladder has reached its lowest level for twelve months according to the National Association of Estate Agents (NAEA).
The biggest Government sell off of all time
30 years ago this month (20th December 1979), the Housing Bill that paved the way for 2.5 million council home sales under the Right-to-Buy scheme was first published.
The year that was 2009
2009 has been a rollercoaster of a year, with numerous ups and downs and twists and turns.
Leeds Building Society well placed with mortgage products
Following yesterday's figures from the Council of Mortgage Lenders (CML) that 55,000 mortgages were taken out for purchases in October, Leeds Building Society is well placed, with market leading and best buy mortgage products, to offer people looking to buy or move some great offers.
Abbey launches new fixed rate mortgages
From Friday 11 December, Abbey will once again lower some of its fixed rate mortgage range as it plays its part in helping to rejuvenate the number of competitive products available to homebuyers and remortgage customers. In addition Abbey will also launch new three year and five year fixed rate mortgage products.