Mortgages
For many people, buying a home – especially on the lower rungs of the ladder – will involve getting a mortgage. But being shown the green light from a bank or building society can be tricky. That’s why doing your homework on mortgages – everything from affordability, credit scores and shopping around to get the best interest rate – is more important than ever.
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Dream property more important than marriage and children for one in five homeowners
March 22, 2018And 14% of second-steppers said they would even give up their spouse or partner, if it helped them move up the property ladder, new research has found. -
Mortgage affordability soars since 2007
March 17, 2018The significant improvement in affordability has been driven by historically low mortgage rates over the past decade. -
Remortgages hit nine-year high
March 14, 2018The £8.9bn of remortgaging in January 2018 was up 20.3% year-on-year, and the highest number of remortgages since November 2008. -
Mortgage choice for buyers with 5% deposit reaches highest level since financial crisis
March 13, 2018A rising number of loans covering 95% of a property's value are being snapped up by homebuyers, according to financial website, Moneyfacts. -
Homeowners remortgage ahead of potential rate hike
February 26, 2018Over £20bn was advanced in January, 9.7% more than in the same period of 2017, says UK Finance. -
New measures needed to help ALL home buyers
February 21, 2018The Government is doing too little to support first-time buyers, and should revise plans to get the entire market moving, trade body says. -
Increase in buyers with small deposits
February 20, 2018There was a positive start to the year for the UK mortgage market, with an increase in the number of small deposit borrowers being approved, says e.surv. -
Homeowners rush to remortgage as competition slows
January 11, 2018The Bank of England’s increase to the base rate has affected mortgage rates and resulted in the number of deals falling by 307 products in just three months, warns Moneyfacts. -
Property market remains flat
November 30, 2017Low mortgage rates and healthy rates of employment growth are supporting housing demand, but construction of new build properties is 'still too low', reports Nationwide. -
10 pros and cons of the Help to Buy ISA
November 30, 2017Help to Buy ISAs are designed to help give first-time buyers a leg-up onto the property ladder. Should you be opening one? Here are 10 pros and cons to help you decide. -
70% of homeowners say property prices will rise
November 17, 2017While many homeowners expect house prices to climb, confidence in London’s property market has slipped considerably, according to Zoopla’s latest sentiment survey. -
One million pensioners set to be trapped in rental homes within 20 years
November 13, 2017More attention should be paid to tenants considered ‘too old’ to get a mortgage and who face a lifetime of renting, urges campaign group Generation Rent. -
Mortgage arrears fall to record low
November 9, 2017The number of mortgages in arrears of 2.5% or more of the outstanding balance fell again in the third quarter of 2017, but cases of possession edged upwards. -
First-time buyers face £15,000 shortfall when buying a home
November 6, 2017First-time buyers who underestimate the financial burden of stepping on to the property ladder face a deposit deficit of 31%, reports Aldermore.