Latest mortgage news - Mortgage Buyers


17 Aug 2016

Equity release lending to buyers exceeds £0.5 billion for first time

Homeowners have used equity release to withdraw a record £8.2 million of housing wealth per day or £0.5 billion each quarter.

14 Aug 2016

How will the Bank of England interest rate cut will affect your mortgage

The Bank of England has reduced interest rates from 0.5% to 0.25% but will your mortgage benefit from the decrease?

02 Aug 2016

Home ownership in England falls to lowest level for 30 years

The housing crisis is no longer just a London problem as home ownership plummets to the lowest level across the country.

23 Jul 2016

Least affordable homes for first time buyers are located in London

For first time buyers the top ten least affordable homes are all located in London with the highest deposits paid, says the Halifax.

13 Jul 2016

Home mover lending is strong up 18% for the month, says CML

Lending to home movers increased by £800 million or higher by 18.6% for the month as other buyer types lag behind during May.

07 Jul 2016

Coventry Building Society launches 10-year mortgage as rates plunge

The lowest ever ten year fixed rate mortgage deal at 2.39% is launched by the Coventry Building Society after EU referendum.

15 Jun 2016

Homeowner mortgage lending values falls 40% for the month to April, says CML

Homeowners borrowed £8.2 billion for the month to April 2016 down £5.4 billion or 40% after a significant rise in mortgage activity last month.

09 Jun 2016

Buy-to-let landlords awarded £27 million payout from West Bromwich

The court of appeal rules against West Bromwich for raising tracker mortgage interest rates, in favour of the buy-to-let landlord customers.

25 May 2016

Homeowners could switch mortgage deals in seven days under new plans

Proposals in the government's Digital Economy Bill intend to make switching a mortgage deal for homeowners possible within a week.

19 May 2016

Mortgage lending to homeowners increased 60% over the year to March, says CML

Homeowners borrowed £13.8 billion in March an increase of £5.1 billion and the highest monthly amount since August 2007.

10 May 2016

Homeowners offered mortgages aged 85 as lenders raise age limits

The upper age limits for homeowners to be accepted for a mortgage have been increased by the Nationwide to 85 to meet Britain’s aging population.

30 Apr 2016

Homeowners can expect slowdown in UK house price growth, says Nationwide

UK house price growth was only 0.2% during the month of April with lower annual returns suggest a slowdown in the property market.

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  • IMPORTANT

    Equity Release may involve a Lifetime Mortgage or a Home Reversion Scheme. To understand the features and risks, please ask for a personalised illustration. Equity Release may affect your entitlement to means tested state benefits and will impact on the size of your estate. For Equity Release London City Mortgages charge a fixed fee upon completion of £695. For Mortgages a fixed fee is charged on application. Typically this is from £295 up to £495 for the services selected.

  • WARNING

    Equity Release - Equity Released from your home will be secured against it. Mortgages – Your home may be repossessed if you do not keep up repayments on your mortgage or other loans secured against it. Think carefully before securing other debts against your home. The information contained in this website is subject to the UK regulatory regime and is therefore intended for consumers based in the UK.

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