August 2015

Whats next for mortgage rates?

By |August 28th, 2015|

According to This is Money with interest rates shown to rise early 2016, homeowners are now rushing to fix their mortgages.
Some of the most cheapest mortgage rates have been pulled off, as banks look to get even a little more from borrowers, however rates remain historically low.
Figures are showing interest rates are slowly rising, however […]

Buy-to-let Tax Relief to be cut

By |August 21st, 2015|

The Chancellor,George Osborne, announced in The Budget that cuts are to be made in the amount of tax relief buy-to-let landlords can claim on mortgage interest payments.
The amount in which landlords can claim will be set at the basic rate of tax ( currently 20% ) by 2020 and introduced gradually from 6 April 2017.
In […]

July 2015

TSB reports 110% quarterly rise in mortgage lending

By |July 24th, 2015|

According to Mortage Solutions TSB advanced £665m of gorss lending through the intermediary channel in the first six months of the year while receiving mortgage applications of £1.9bn from brokers.

Despite TSB strong lending figures since it was launched into the intermediary mortgage in January this year, the bank reported a 44% decline in its statutory […]

June 2015

A rise in Buy-to-Let

By |June 12th, 2015|

According to PropertyWise May has seen an acceleration in property valuations for buy to let landlords, while first time buyer activity has retreated, according to the latest research.
There was upto 33% more buy to let valuations conducted in May than at the same time last year. Conversely, valuations for first time buyers declined by 4% […]

Choice of first-time buyer mortgages hits a three-year high

By |June 11th, 2015|

According to This is Money the amount of mortgages on offer to first-time buyers increased 109% since 2012.
The number of low deposit mortgages has hit its highest level for three years, giving first-time buyers some of the best opportunities to get on the property ladder.
Research by MoneySupermarket shows the amount of mortgages aimed at first-time […]

UK mortgage lending hits-14 month high

By |June 8th, 2015|

According to Financial Times UK banks extended their largest number of mortgages for 14 months in April, signalling that the general election in early May did not give home buyers the jitters.
 According to data from Bank of England the number of mortgages taken out by individuals hit 68,076, the highest since last February.
Figures show that […]

April 2015

High Street banks say mortgage approvals are trending upwards

By |April 29th, 2015|

According to the BBC News UK’s High Street banks have said, after a slow start to the year the number of mortgages being approved is now ” trending upwards”
Figures shown from the British Bankers Association show that 38,751 house- purchase mortgages were offered in March, this was up from 37,453 in February. These figures show […]

Gross mortgage lending grows in March

By |April 27th, 2015|

Mortgage Solutions have said that according to The Council of Mortgage Lenders estimates that gross mortgage lending reached £16.5 billion in March. This is a 21% rise on February at £13.6 billion and 7% higher than last year.
According to the lastest data from the CML , housing activity is back on track Brian Murphy said, […]

The best buy-to-let mortgage rates to build your property portfolio or cut your costs

By |April 23rd, 2015|

According to This Is Money landlords are benefiting from both increased choice and some of the best ever buy-to-let mortgage rates on the market. This is making it even easier to help build your property portfolio. If you wish to start up your own property portfolio however would like to seek independent financial advice on […]

March 2015

First-time buyer fortunes improve in February

By |March 31st, 2015|

According to Financial Adviser new data has revealed that sales to first-time buyers reached their highest point in February since September 2014.
They have said that according to the National Association of Estate Agents, 30% of house sales in February were down to first-time buyers. Data has shown that First-time buyers have not reached higher than […]