Articles Tagged With: Housing Market

As the housing market continues to stagnate, first-time buyers will be forced to sit on the sidelines as mortgages are favoured towards established homeowners with significant equity, says Matt Griffith. The

The number of buy-to-let mortgages taken out in 2011 increased by 84,000, according to new data. The figures, released by the Council of Mortgage Lenders CML, indicate that the second half of the year

Despite the base rate remaining low following the Monetary Policy Committee's decision to maintain it at 0.5 per cent for the 34th consecutive month, mortgage rates are on the up. According to independent

There are some really good mortgage deals available despite the current property climate. However, Catherine Hearnden, director at MyMortgageDirect, warned that many of the great deals are only good for

The housing market is widely reported as being stagnant at the moment, but what can homeowners do if they are looking to sell up or move on? Miles Shipside, commercial director at Rightmove.co.uk, said

The majority of people will be aware of the struggle first time buyers face to get a foot on the property ladder. Headlines for the last few months have highlighted the plight of potential homebuyers,

Setting budgets and making plans for shopping well in advance can help people save money in the run up to Christmas and combat financial struggles. Hilary Bruffell, co-founder of makeitandmendit.com, said

With so much doom and gloom surrounding the state of the economy, many young people could be forgiven for thinking they may never have the money to save up for their own home. However, Matt Hutchinson,

Parents have been encouraged to teach their children how to be financially aware and independent so that they know how to find the best savings interest rates and deals. Helen Letchfield, co-founder of

The number of people taking out interest-only mortgage rates will create a "ticking time bomb" of debt, it has been claimed. Paul Holmes, chief executive officer of Firstrung, explained that

Mortgage lending from banks increased in the 12 months to September, according to new data from the British Bankers' Association BBA. Over the year, net mortgage lending rose 1.6 per cent while gross

People looking for cheap mortgages can be pleased that they are doing their bit to boost the economy. According to the British Property Federation BPF, the housing market contributes more to the UK economy

In spite of calls for the introduction of long-term fixed mortgage rates, an expert has claimed it would be impossible to create. Ray Boulger, senior technical manager at John Charcol, said that creating

If you're looking to improve your home in a simple and inexpensive way, here are five ways to do so for less.

Bury is the biggest property hotspot in England and Wales, a study has found. New research by Halifax revealed that sales of homes in the Greater Manchester town of Bury have risen by 44 per cent over

Demand for rental housing is continuing to increase as people struggle to find cheap mortgages, it has been claimed. Specialist buy-to-let lender Paragon said that more than four in ten landlords said

Homeowners are delaying selling their house due to the economic climate as they wait for uncertainty to pass, those seeking the best mortgage rates were told. The Royal Institution of Chartered Surveyors

The majority of young people still aspire to buy their own home by the age of 30, despite the increasing difficulty in finding cheap mortgages. Research for the Building Societies Association BSA Property

The government needs to do to more to help first-time-buyers FTB find cheap mortgages in order to get on the housing ladder, it has been claimed. Katy John, press officer for PricedOut.org.uk, said that

A new study has highlighted the importance of having a nest egg earning the best savings rates. Unbiased.co.uk revealed that a third of adults in the UK would face financial hardship if they lost their