People are less willing to take a gamble on short-term fixed rate mortgages anymore. The popularity of longer-term fixed deals is growing as the uncertainty about when the interest rate will rise is leading
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Homeowners have been advised about how a rise in the Bank of England base rate will affect monthly mortgage payments. Jasmine Birtles, founder of financial advice website moneymagpie.com, said that people
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The standard variable rate SVR structure at Lloyds TSB and Cheltenham & Gloucester mortgages has changed, with the lenders' 2.5 per cent deal for new borrowers scrapped. New customers are now to
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The number of mortgage approvals for home purchase in March rose by five per cent compared to the previous month, according to figures from the British Bankers' Association BBA. In total, 34,095 home
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The average price of houses across the UK is predicted to rise by more than six per cent this year, according to the Centre for Economic and Business Research. It claims that by 2014, prices are likely
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The Financial Services Authority FSA is proposing that mortgage lenders will have to carry out more comprehensive credit checks on potential borrowers. Increased credit checks will need to be carried
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