Signs that the August interest rate hike may have dampened the property market were seen today as figures show that lending slowed in August
Tag: Mortgages
mortgage
This Is Money: Agents Snub New Customer Code
Homebuyers and sellers will benefit from clearer information from this weekend – but 40% of agents are not signed up to the scheme
MoneyExpert: Government May Force Lenders To Favour Green Homes
Mortgage lenders could be forced to provide more generous deals and financial breaks to those who ensure that their homes are energy efficient, the government has said.
MoneyExpert: Most Buyers £6,000 In Debt Before Home Purchase
Home deposit savers are neglecting their debts before making their first home purchase, according to an Alliance & Leicester report.
This Is Money: Trapped By A Never-ending Loan
Millions of homeowners are being caught in a ‘ never-ending mortgage trap’ and face still paying off the loan in their 60s and 70s, as they keep extending their homeloan’s term
Scotsman: Remortgaging Is Driving Debt Into Retirement
HOMEOWNERS risk falling into a £35 billion “never-ending mortgage” trap by failing to stick to or reduce the term of their loans – meaning pensioners are retiring with mountains of debt.
Motley Fool: Get A Mortgage With Bad Credit
If you wanted to borrow money in the old days and you had bad credit, you had to skulk off to some dark, sinister, pee-pee-soaked alley to find the villains who offered them, complete with their appalling small print and shocking interest rates.
Motley Fool: Mortgage Menace On The Wane
A couple of years ago, the city watchdog, the Financial Services Authority, took over the regulation of the mortgage market. And not before time when you consider the disgraceful levels of mis-selling of endowment mortgages during the Eighties and Nineties!
This Is Money: Homes Cost Extra £13,000
The cost of the average home has increased by £35 every day over the past 12 months – leaving buyers searching for an extra £13,000
Scotsman: Home Debt To Hit Retirement
MORE than a third of homeowners will work into retirement to pay off their mortgages, according to a new survey.