Articles, tagged with "council of mortgage lenders", page 1

Mortgages. Why Interest Only Can Be A Risky Option

The Council of Mortgage Lenders’ figures are showing a growing trend in interest only mortgages. From January to March 2002, 9% of new mortgages were interest only. Now take the period from October to December 2005, and the amount of new interest only mor... Read >
Author: Dominick Barker

Is NOW a good time to INVEST in UK property?

Is NOW a good time to INVEST in UK property? House prices in the UK continue to fluctuate up and down but are generally being held down by the economic problems afflicting the country. As the cost of living and fuel prices rocket, wages are failing to ... Read >
Author: Grace Coleman

Remortgaging Rockets

Remortgaging Rockets The Council of Mortgages Lenders has reported that remortgaging has sky-rocketed in the last three months, accounting for 37% of total mortgage lending. This comes as an attempt from homeowners to quickly cash-in on the best deals ... Read >
Author: Kieron

Repossession Rates Rise

Repossession Rates Rise According to figures released by the Council of Mortgage Lenders, house repossessions have increased by a shocking 15% in the first quarter of 2011, making the total number of houses repossessed 9,100 in the UK since the beginni... Read >
Author: Kieron

An Interest Rate Rise Will Leave 3M People Struggling With Mortgage Repayments, What Can Be Done?

Over the last couple of years, many homeowners have enjoyed the benefit of record low interest rates. The Bank of England has kept the Base rate at 0.5 per cent for over two years and this has resulted in reduced mortgage repayments for many households. H... Read >
Author: Timothy Frodsham

Are Estate Agencies Safer Businesses Now Than They Were in 2008?

The sub prime mortgage crisis that precipitated the 2008 global recession led to plummeting property prices, very limited mortgage lending, repossessions and to a dramatic slump in the housing and commercial property markets. Among the first businesses... Read >
Author: Ali Withers

The Slow Re-Emergence of Remortgage Deals in the UK

The lack of remortgage deals has been a problem for British consumers over the last few years. However, homeowners were boosted by recent good news from the Council of Mortgage Lenders (CML). The lenders organisation's latest report shows that there has b... Read >
Author: Timothy Frodsham

Desperate Housewives Pay the Mortgage with a Credit Card

Housing charity Shelter has disclosed that over 2 million desperate UK householders have resorted to paying their mortgage or rent with a credit card. A Shelter survey, conducted in August 2010, revealed that 6% of UK households had used plastic cards to ... Read >
Author: Charlotte Mooney

Cash Buyers in Driving Seat

BOURNEMOUTH based property agents Bournecoast say that access to cash, rather than a lender, has become the key to buying a home The market has seen a huge rise in the proportion of home buyers paying for their new homes in cash, compared to mortgaged.... Read >
Author: Bournecoast

Are you preparing to spend over a quarter of a million pounds on a new home or business building?

If so, hold it right there! There's something you really need to be warned about; overlook it, and you could unnecessarily find yourself thousands of pounds out of pocket. Since 2003, anyone purchasing a building or land worth over £250,000 has been ob... Read >
Author: Gareth Hoyle

Are you about to buy a new house costing over a quarter of a million pounds?

If so, stop right there. If you don't want to find yourself losing thousands of pounds of your hard-earned money, you need to read this article. Since 2003, affluent taxpayers who, like you, are seeking to buy or move to a new, expensive, lovely abode,... Read >
Author: Gareth Hoyle

Excellent UK offset mortgage offers

Interest rates on deposits are pitifully low these days. However, there is one way you can nevertheless put your money to work: get an offset mortgage. This product links a personal savings account to your mortgage loan and offsets both of them. The objec... Read >
Author: james garcia

No Change in UK House Purchase Lending Activities in November In Llandudno and Wrexham

Though house purchase lending remained unchanged, slight variation was observed in both number and value of remortgage loans processed in November 2010. 44,000 house purchase loans were extended in November and this figure is exactly same with that of Oc... Read >
Author: Repossession Guru

How to Stop a Repossession

The recession is causing untold misery in the United Kingdom especially for homeowners trying to hang on to their properties as they struggle to make mortgage payments. However the number of people facing a repossession of home has actually been lower tha... Read >
Author: Abby johnson

Mortgage Lending & Premium Property in 2011

Many of frustrated debates about the British banking system by would-be home owners or property investors are often about unfair treatment when it comes to receiving mortgage finance. Whether it’s their first step into the property world or if they want t... Read >
Author: Veinblz

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