FSA mortgage proposals 'not sensible', critics argue
19th March 2009
Plans being considered by the Financial Services Authority (FSA) to place caps on mortgage sizes represent a 'one size fits all' solution that is...

FSA's planned borrowing rules set to benefit property investors
16th March 2009
The Financial Services Authority (FSA) is expected to take steps to cut back on 'risky' mortgages as part of its full-scale review of the UK banking...

Mortgage approvals continue to fall
13th March 2009
Aspiring property investors want to know why major lenders are still refusing to provide products in spite of growing interest and small mortgage...

Don't fall for spectacular rates, consumers advised
12th March 2009
Property investors have been warned that a spectacular rate does not necessarily equate to the best deal when it comes to mortgages, according to...

Rate cut good news for tracker mortgage holders
6th March 2009
Property investors on tracker mortgages will be happy to hear that interest rates have been dropped to a new historic low of less than one per cent...

Turkish property a 'very good investment'
5th March 2009
Overseas property investors keen on expanding their investments abroad should turn to Turkey, which has been identified by a property insider as an...

Dubai and Bulgaria top five popular destinations
5th March 2009
Dubai and Bulgaria have recently been identified as top overseas property investment destinations after making the top five in rankings by a property...

Halifax: 2.3% price correction in February
5th March 2009
Property affordability for first-time buyers continues to increase as house values remain on a downward spiral, according to the latest Halifax House...

'Lenders becoming more welcoming to first-time buyers'
27th February 2009
News on the Subject of Mortgages in the United Kingdom Brought to you by the SimpliGroup - Making sure that you are fully informed about the UK...

Low rates encouraging mortgage overpayments
25th February 2009
Property investors are taking advantage of low interest rates to make overpayments on their mortgages, new figures from the Co-operative Bank...

Mortgage landscape changed in 2008
12th February 2009
The Council of Mortgage Lenders (CML) has published new data illustrating how the mortgage landscape in the UK was reshaped in 2008 as the property...

Mortgage market to be boosted by public sector
11th February 2009
Property investors stand to benefit from local authorities making a return to the mortgage market as their presence is likely to stimulate the...

Bankers offering debt advice to investors
10th February 2009
Property investors are now being met with a changed attitude from bankers and lenders who are keener on giving advice as part of their early warning...

Tracker mortgage holders benefit as interest rates hit one per cent
6th February 2009
Property investors with tracker mortgages are smiling on their way to the bank following an interest rate cut that has placed the borrowing rate at a...

Councils to start providing mortgages
5th February 2009
The mortgage market is poised to receive a boost from local councils, who are expected to come to the aid of property investors by returning to...

Brits pessimistic about rate cut
4th February 2009
Property investors in the UK are holding out for further rate cuts this year with most setting their sights on March as the time to look for...

Get mortgage advice, first-time buyers urged
30th January 2009
First-time buyers should consult widely and seek the views of an expert before committing to a mortgage product, according to MyMortgageDirect, which...

Mortgage jargon alien for first-time buyers
28th January 2009
Many first-time buyers find it difficult to master mortgage related jargon with the acronym KFI, which stands for Key Facts Illustration being...

Overpayment can protect equity, CML says
27th January 2009
One way for property investors to protect the equity of their investments in the short term is to opt for overpayment of mortgages, the Council of...

Shop around for best mortgage deals, investors told
20th January 2009
Surveying the market and shopping around for the best mortgage deals is vital for property investors if they expect to get the best deal, a mortgage...

Transactions fall in spite of buyer interest, Rics says
13th January 2009
Mortgage lenders have been urged to provide finances for property investors who seem to be interested in buying but cannot do so due to a scarcity of...

Interest rates hit a 300 year low
9th January 2009
In news that may be of interest to property investors, interest rates have been dropped in a bid to counter the effects of the credit crunch, placing...

Rate cut may impact flow of mortgages, expert says
9th January 2009
The Bank of England's decision to drop interest rates to 1.5 per cent, the lowest in its 300 year history, has elicited mixed reactions from industry...

CML: Pressure on lenders causing mortgage scarcity
8th January 2009
Mortgage lending is scarce as a result of "various conflicting pressures" being faced by banks rather than an unwillingness to provide...

Lenders and consumers hold key to recovery
30th December 2008
Mortgage lenders and consumers hold the key to the UK housing market recovery and the next 12 months could make or break the market, the National...

Government 'needs to incentivise mortgage lending'
22nd December 2008
The government needs to take the initiative and do more to boost fresh home loan borrowing across the UK. That is according to the Council of...

2009 will be 'challenging' for mortgage market
18th December 2008
Lower mortgage rates may be available for property investors who remain in employment in 2009, the Council of Mortgage Lenders (CML) has said.The...

Mortgage brokers offer 'better service'
16th December 2008
Property investors may be glad to hear that the number of mortgage brokers unable to assist people because of lenders offering better deals directly...

Lack of mortgages holds back buyers in Northern Ireland
12th December 2008
Property investors in Northern Ireland are showing signs of returning to the market, according to figures from the Royal Institution of Chartered...

RBS to give struggling homeowners six-month grace period
1st December 2008
The Royal Bank of Scotland (RBS) has taken a stand on repossessions that may herald a more lenient attitude from lenders towards people struggling...

Mortgage market approaching 'normality'
26th November 2008
The current mortgage scarcity being experienced as a result of the ongoing economic downturn is not an entirely negative thing, according to an...

Lloyds TSB and HBOS merger has pros and cons
24th November 2008
In news that may be of interest to property investors, the merger of Lloyds TSB and HBOS together with the government's intervention have been hailed...

Interest-only mortgages good for the short-term
24th November 2008
Property investors on interest-only mortgages have been advised to take a short-term view on the products and not to rely on them for a long...

CML: Talk to lenders before arrears start to build up
21st November 2008
Government needs to increase support to protect property investors from repossessions as the economy continues to deteriorate, the Council of...

Publish Crosby review, government urged
20th November 2008
The Council of Mortgage Lenders (CML) has called on the government to publish the delayed Crosby review, the contents of which may help struggling...

Borrowers still not benefitting from rate cuts
20th November 2008
Mortgage lenders are being asked to reflect interest rate cuts introduced by the government by providing mortgages with lower interest rates for...

'Worrying mortgage gap' revealed
19th November 2008
Research has revealed the existence of a "worrying mortgage gap" arising from millions of interest-only mortgages having no investment...

Introducing equity may be necessary to secure competitive mortgages
12th November 2008
Property investors about to end their current mortgage deal may find themselves being forced to go the equity way in order to secure a competitive...

Bank of England cuts rates to 3%
6th November 2008
Interest rates have been slashed by the Bank of England in a shock move that has seen the rates dropped a one-and-a-half percentage point to three...

Mortgage lenders urged to provide more products
30th October 2008
Mortgage lenders should loosen their purse strings and provide more products for first-time buyers and buy-to-let property investors in order to...

Homeowners Advice Centre calls for interest rate decreases
27th October 2008
Mortgage lenders have been called upon to review their policies in a bid to bring back stability to the property market.The government and the Bank...

Mortgage lenders urged to pass reduced rates to consumers
21st October 2008
Mortgage lenders have been urged to reflect the reduction in the interbank lending rate Libor to propertyinvestors by passing on the cut to their...

Large mortgages needed to get property market on track
17th October 2008
Mortgages of 90 and 95 per cent are needed to enliven the property market and get people buying again.That is the opinion of Gareth Samples, sales...

First-time buyers continue to buy despite decline
14th October 2008
First-time buyers are still making property investments but a difficult mortgage environment is hampering their efforts.According to figures released...

Rics calls for improved mortgage liquidity to encourage investors
14th October 2008
Mortgage rates need to improve to encourage more property investors to take interest in securing new investments, the Royal Institute of Chartered...

Mortgage funding should be more widely available
13th October 2008
Following the surprise government move to cut interest rates by five per cent last week, a property expert has called for a reciprocal move from...

Lenders 'working hard to deliver competitive mortgages, CML says
13th October 2008
Following the treasury's call for banks to review their mortgage rates as well as support schemes to help property investors struggling with their...

'Competitive' mortgages available for property buyers
10th October 2008
Property investors interested in taking advantage of the falling house prices to snap up a bargain can still get a competitively priced mortgage...

Clean credit record important for budding investors
6th October 2008
In light of the current market conditions, having a healthy, squeaky clean credit rating is very important for budding property investors, a property...

Buy-to-let investors 'taking advantage'
29th September 2008
Rising rental yields is seeing buy-to-let investors re-enter the housing market, it has been reported. Simon Rubinsohn chief economist at the Royal...

Mortgage lenders urged to take bold steps to aid first-time-buyers
12th September 2008
Daily News Brought to You by The SimpliGroup – Experts in the UK Property Investment Market Mortgage lenders have been called upon to do more to...

Don't worry about new mortgage deals, investors urged
5th September 2008
Daily News Brought to You by The SimpliGroup – Experts in the UK Property Investment MarketProperty investors afraid of switching lenders risk...

Delay over stamp duty affecting market
13th August 2008
The government has been urged to stop dilly-dallying over the suspension of stamp duty as the wait is having a negative effect on the...

First-time buyers could benefit from shared-equity mortgages
12th August 2008
First-time buyers have been advised to consider taking out shared-equity mortgages because they are a good option for buying property.According to...

Buyers offered low mortgage rate in Basingstoke
12th August 2008
A developer in Basingstoke is promising first-time buyers a low-rate mortgage deal designed to help them step on to the property ladder.Bryant Homes...

Don’t fall for headline grabbing rates, investors urged
7th August 2008
Budding property investors have been advised to critically analyse deals being offered by mortgage lenders as some may not necessarily benefit...

Be careful about mortgage products, investors told
7th August 2008
Property investors have been advised to be careful about the mortgages offered to them and to make sure they can afford them before making any...

Mortgage lender tries to entice property investors
11th July 2008
Mortgage lender Woolwich has cut the rates of its popular Lifetime Tracker mortgage.The move is aimed at encouraging property investors to exploit...

House buyers told they have an 'equity cushion'
3rd July 2008
Property investors have been advised not to worry too much about negative equity as house prices would have to fall by almost half before the cost of...

New mortgages to ease monthly payments
19th June 2008
Two new mortgages have been launched by the Yorkshire Building Society in a bid to bring some relief to overburdened property investors.The company...

Popularity of fixed-rates increasing
12th June 2008
There has been an increase in the amount of people in the UK who are taking out fixed rate loans it has been revealed.Statistics released by the...

Returning liquidity 'will aid mortgage market'
10th June 2008
Once liquidity returns to the mortgage market, lenders will begin to relax their lending criteria, a sector commentator asserts.In news that may be...

Tax breaks 'could restart housing market'
4th June 2008
The government should make moves to ease current pressures on the housing market by introducing new tax relief measures.So claims industry body the...

Repossession is "last option" for UK mortgage lenders
30th May 2008
UK mortgage lenders are likely to want to explore all other options first before considering repossessing a property, it has been suggested.Council...

Interest rate 'to remain on hold'
30th May 2008
UK mortgage holders are unlikely to see a change in the interest rate next week when the Bank of England's monetary policy committee convenes for its...

Recovery detected in UK mortgage market
29th May 2008
The latest statistics from the British Bankers' Association (BBA) show a strengthening of the UK mortgage market, which may indicate a form of...

Remortgagers active as borrowers switch UK mortgage lenders
28th May 2008
UK mortgage holders were active in the remortgaging sector last month, according to new statistics. The latest figures from the British Bankers'...

Housing market 'gives buyer the power'
28th May 2008
People looking to take out a UK mortgage to buy a property are in a strong position when it comes to negotiating the price, it has been suggested.The...

UK mortgage shoppers 'should take time for research'
22nd May 2008
People searching for a UK mortgage deal should consider all the options available to them, according to one expert.The head of savings and current...

Self-build financing 'still available'
20th May 2008
Mortgages for self-builders are still available despite pressures in the global economy, it has been suggested.The editor of Homebuilding.co.uk,...

Mortgage shoppers urged to consider all options
20th May 2008
Mortgage holders and prospective homeowners should test the market and look for the best deals before settling for a standard variable rate mortgage,...

Terraced houses 'have experienced fastest growth'
15th May 2008
Daily News Brought to You by The SimpliGroup – Experts in the UK Property Investment MarketInvestments in the terraced housing market has grown...

Interest rates stay at 5%
9th May 2008
UK mortgage holders were told yesterday that interest rates will remain at five per cent this month.This comes after the Bank of England's monetary...

Investors await MPC's interest rate decision
7th May 2008
Those with buy to let mortgages and people considering buying property in the near future will be among those keen to hear this week's interest rate...

NAEA: Bank should reduce interest rates
2nd May 2008
The National Association of Estate Agents (NAEA) has called on the Bank of England to reduce interest rates in May. Consumer confidence will be...

Experienced landlords 'driving buy-to-let sector'
30th April 2008
A new survey that shows the proportion of buy-to-let remortgages is on the increase is a sign that professional landlords are driving the private...

CML urges commission to change focus
28th April 2008
The European commission should focus on supporting financial stability rather than going ahead with the White Paper proposals on the integration of...

AMI looks to solve problems
23rd April 2008
Mortgage rates and the credit crunch are the subjects of a new white paper from a UK network of mortgage advisors.The Association of Mortgage...

CML welcomes Bank's special liquidity scheme
22nd April 2008
The Council of Mortgage Lenders (CML) has dubbed the Bank of England's new £50 billion liquidity scheme for UK mortgages "a welcome...

IMLA chief predicts better mortgage prospects
21st April 2008
The current mortgage-funding "logjam" should begin to ease following the Bank of England's decision to take action to support the UK...

Mortgage market 'requires greater liquidity'
11th April 2008
The chairman of the Council of Mortgage Lenders (CML) has called on the Bank of England to inject liquidity into the struggling UK mortgage...

All incomes 'affected by mortgage withdrawals'
9th April 2008
Borrowers with fixed rate mortgages or any other type of home loan could be affected by mortgage withdrawals by financial institutions as lending...

Student properties 'provide unusual flexibility'
31st March 2008
Investing in property intended for the student market has both pros and cons, according to one independent financial advice publication.Those...

Smaller providers 'offer good UK mortgages'
28th March 2008
The largest providers of UK mortgages do not necessarily offer the best deal to people considering various offerings and mortgage interest rates, it...