Articles Tagged With: Mortgage Market

Mortgage approvals increased by 12 per cent in February and have risen by nearly 50 per cent in the past year, according to the Council of Mortgage Lenders CML. The report also shows that fixed-rate

A UK lender has seen a four-fold increase in mortgage applications during the first quarter of the year. The Yorkshire Building Society has processed 400 per cent more enquiries between January and March

The Council of Mortgage Lenders CML has cautiously welcomed the new stamp duty concession for first-time buyers, which could help young people take advantage of cheaper mortgage rates. Chancellor Alistair

Britannia and The Co-operative Bank are to jointly launch a new three-year tracker and a five-year capped rate mortgage. The banks, which are making the deals available from Friday March 19th, have described

UK house prices have fallen for the first time since the second quarter of 2009, it has been reported. Latest figures from Nationwide indicate that prices fell by one per cent during February after nine

Yorkshire Building Society has given a further boost to the UK property market by signalling its intention to step up its mortgage lending over the remainder of 2010. The country's second-largest mutual,

The cold snap in January contributed to a fall in completed property transactions, it has been reported. According to the Royal Institution of Chartered Surveyors Rics, buyer interest and instructions

Buy-to-let remortgaging activity continued to decline during the final quarter of 2009, it has been reported. According to research conducted by Paragon Mortgages, 30 per cent of landlords remortgaged

Tracker rates fell to a record low during January, offering a boost to consumers seeking cheap mortgage rates. According to the Bank of England – which began keeping records on the product in 1997

Spanish bank Santander increased its net mortgage lending in the UK to £7.6 billion last year and estimates that this represents a net market share of 69.1 per cent. However, the firm's share of the

The mortgage market could be left with a £300 billion shortfall in funding by 2014, it has been claimed. According to the Council of Mortgage Lenders CML, the gap is currently being filled by government

The Council of Mortgage Lenders CML has predicted a slow January and February in terms of housing market activity. According to the organisation, the end of the stamp duty concession appears to have

Mortgage lending strengthened slightly in December, the British Bankers' Association BBA has reported. The organisation says gross lending was inflated by some borrowers pushing through purchases ahead

Legal & General Mortgage Club has launched three exclusive fixed-rate mortgage products, provided by Accord Mortgages. Each of the deals is available to a maximum loan-to-value of 75 per cent and comes

Like most areas within the finance sector, the mortgage market has been far from recession proof and since most of us need a roof over our heads, the fallout has been far reaching and devastating. But what difference will phasing out the self cert mortgage make now?