Articles, tagged with "uk mortgage market", page 1
09th February 2011
The rental and buy-to-let market in the UK is becoming increasingly popular amidst the deep economic financial crisis and the distinct lack of lending on mortgages from Britain’s banks.
This makes it a difficult time for anyone looking to buy property...
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Author:
Harry Pearce
14th October 2010
Despite a substantially low Bank Of England interest rate and an adequate supply of housing stock, the level and number of mortgage approvals is notoriously low.
The UK is often cited with having one of the most sophisticated and often complicated mor...
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Author:
Harry Pearce
13th October 2010
Prior to the "credit crunch" of 2008/09 there were literally thousands of first time buyer mortgages available to prospective UK mortgage borrowers.A large range of mortgage lenders competed aggressively for first time buyer mortgage business, in the hop...
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Author:
jackjreynolds
12th February 2010
The UK Financial Services Authority (FSA) has proposed new rules recently aimed at protecting mortgage-holders whose payments have fallen into arrears. The aim is to ensure fair treatment, according to the regulator.
The new rules would make sure that ...
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Author:
kIM
08th October 2009
Mortgage means securing a debt by using the borrower's property as a guarantee to the lender. If you are in need of money urgently and can afford to pledge some valuable asset as collateral, you can avail this type of loan. In UK, mortgages are very popul...
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Author:
Kirthy
10th September 2009
If you have a poor credit history it is going to be difficult to get a mortgage but it might be possible. Before the credit crunch sub-prime mortgage lenders were riding high in the UK mortgage market. There were simply dozens of them, from standalone len...
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Author:
michael challiner
25th August 2009
If you are looking for a loan or line of credit be ready to be depressed. The fact is that even if you have a perfect credit history, you're likely to be offered a smaller loan than you applied for at an interest rate far higher than you'd ever expect...
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Author:
michael challiner
28th June 2009
First-time buyers have faced a conundrum over the last couple of years. After years of house prices spiralling out of reach of the average first-time buyer, they have finally fallen.
But in a cruel twist, the mortgage market froze up last year and len...
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Author:
MarkeD
24th April 2009
The UK mortgage market is diverse with many products available from a wide selection of lenders. This article is to outline the different types of mortgage rates available, how they work, the benefits and drawbacks of each one. There are 5 main types of r...
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Author:
Sarkin
06th January 2009
Tony Murtagh is former MD of the UK's largest specialist mortgage broker. He is currently MD of The Money Group. Go online at www.the-money-group.co.uk
The UK mortgage market remains in a state of shock after the tsunami like effects of the, "Credit...
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Author:
15th December 2008
Copyright (c) 2008 Steve Smith
The UK mortgage market is beginning to return to a state of normality after an extended period of high prices and easy access to property purchase loans, Your Mortgage has claimed.
While many homeowners may be worried ...
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Author:
smudger
08th December 2008
The credit crunch has affected many lenders, banks and credit card companies as well as the everyday person. The value of debt of the already indebted has increased, and borrowing has become quite expensive for those who are trying to obtain new loans for...
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Author:
RicReev
03rd December 2008
The bank of England cut interest rates from 4.5% down to 3% this month and then commented that they had thought of a bigger drop in the base rate. But they were worried about the message a bigger drop in interest rates would have sent into the market. Wha...
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Author:
SEO Positive
09th September 2008
It was another edgy week for stock markets with both bulls and bears frustrated and unwilling to take on big positions. With the exception of the FTSE, major indices finished down on the week, though a good showing on Friday ensured that equities finishe...
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Author:
cordieliea
21st May 2008
In recent months, much has occurred in the mortgage market and with such a lot of press/media coverage, this summary may be helpful to people who wish to understand and 'take stock' of the current situation.
What is happening?
The UK Mortgage Market...
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Author:
Nigel Osgood