Articles Tagged With: Stamp Duty

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

There are only three months of the stamp duty 'tax holiday' remaining, so first time buyers need to be quick if they want to benefit. The National Association of Estate Agents NAEA warned first

People seeking out cheap mortgages have been told that gross home purchase lending remained stable in February. The Council of Mortgage Lenders CML revealed that £9.5 billion was lent to homebuyers

Gross mortgage lending by mutuals was £1.4 billion in January 2011, which is a 38 per cent increase than the £1 billion lent in January 2010. Adrian Coles, director-general of the Building

Mortgage lending continued its decline, falling by four per cent during October. According to the Council of Mortgage Lenders CML, the number of would-be property owners declined dramatically and just

Gross mortgage lending declined to an estimated £11.4 billion in August, according to figures released by the Council of Mortgage Lenders CML. The latest figures show a decrease of 14 per cent

HSBC is introducing new mortgage rates aimed at first-time buyers as part of its new mortgage range which will be available from September 13th. The new market leading tracker is available at 3.69 per

Despite the Council of Mortgage Lenders CML reporting a drop in the percentage of first-time buyers FTBs taking out mortgages, one expert believes conditions are improving for new entrants to the market. Earlier

Santander remains committed to providing cheaper mortgages for first-time buyers, it has been claimed. The high street bank says it was the first to increase its maximum first-time buyer loan-to-value

The upcoming 'emergency' Budget represents an opportunity for the government to prioritise support for home-owners, it has been claimed. Michael Coogan, director general of the Council of Mortgage Lenders,

Gross mortgage lending rose by 24 per cent last month, according to the latest figures from the Council of Mortgage Lenders CML. Total lending reached £11.5 billion in March, up 24 per cent on the

A 12 per cent rise in the number of loans advanced for house purchase was witnessed during February, it has been reported. According to the Council of Mortgage Lenders CML, 35,000 loans were made during

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

Gross mortgage lending increased to an estimated £9.2 billion in February, up six per cent on the previous month, according to the Council of Mortgage Lenders CML. Lending was down by six per cent

House purchase loans fell by more than three times the decline in remortgages in January, latest figures have indicated. Latest figures from the Council of Mortgage Lenders CML clearly highlight the

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,

High street lender Halifax has celebrated the 21st anniversary of the fixed-rate mortgage by launching a new product. The bank has introduced a new 21-month fixed-rate deal which allows homeowners to guarantee

Gross mortgage lending stood at £9.1 billion for the first month of the new decade, newly-released figures from the Council of Mortgage Lenders CML show. This represents a 32 per cent fall in lending

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