Posts Tagged ‘ Mortgage Lending ’

“Myth-busting” the mortgage market

Apr 16th, 2010 | By Les Sheppard | Category: Money

Research from Unbiased.co.uk, the professional advice website suggests that many Brits believe they are unable to get a suitable mortgage due to lenders low income multiples.



Virgin to launch range of mortgages this year

Apr 13th, 2010 | By Les Sheppard | Category: Money

Virgin Money is gearing up to launch its much-anticipated mortgage range by the end of the year and is considering using mortgage brokers.



Home owners pay off £4bn of mortgage debt

Apr 7th, 2010 | By Les Sheppard | Category: Money

Home owners injected £4bn of equity into their homes in Q4 2009, as low interest rates prompted people to pay off their mortgage debt.



Post offices to offer mortgages

Apr 5th, 2010 | By Les Sheppard | Category: Money

Post offices will start offering mortgages, children’s savings accounts and a range of other financial services as part of a plan to return the postal network to more successful times.



Mortgage lenders plan to push up LTVs

Apr 4th, 2010 | By Les Sheppard | Category: Property News

Demand for purchase mortgages is forecast to increase over the next three months but lenders have told the Bank that supply of mortgages will remain unchanged for at least the next three months, as they don’t expect the housing market to improve significantly in the short-term.



Use your mortgage to beat inflation

Apr 3rd, 2010 | By Les Sheppard | Category: Money

With UK Government debt now standing at £857.5 billion, it’s likely that our government will encourage inflation at some point. How else are they going to clear this great big debt?



Over a fifth of adults could be prevented from getting a mortgage

Mar 20th, 2010 | By Les Sheppard | Category: Property News

Kensington says over a fifth of the UK adult population could be prevented from getting a mortgage by lenders that operate a rigid automated credit scoring system.



Mortgage comparison tool launches on iPhone

Mar 16th, 2010 | By Les Sheppard | Category: Money

Robert Kelly, than man behind online sourcing system Orbiter has launched a mortgage comparison tool for the iPhone.



Nationwide to withdraw income multiplier

Mar 4th, 2010 | By Les Sheppard | Category: Property News

Nationwide for Intermediaries has announced that from tomorrow it will no longer use its income multiplier tool as part of its assessment of a borrower’s affordability.



80% of under 30s need help to buy a home

Mar 3rd, 2010 | By Les Sheppard | Category: Money

The CML says that for those in the formerly typical first-time age bracket of 25-34, the likelihood of buying at the moment is around half its level of a decade ago.