24 Hour UK Mortgages

View Article  Enquiries by new homebuyers surge 108%

Estate agents are struggling to cope with a 108% annual increase in inquiries from new buyers, it is claimed today....   more »

View Article  Buyer interest up but yet to translate into sales

The average number of transactions per surveyor showed little fluctuation over the last three months despite buyer interest rising for ...   more »

View Article  Buyers Returning to Property Market

Rapidly falling house prices and lower interest rates are attracting potential buyers but estate agents are selling fewer homes than ...   more »

View Article  House prices in shock 1.9% January jump

A shock rise in house prices left the average home worth £3,000 more in January, according to the Halifax house ...   more »

View Article  Bank 'should shun further rate cuts'

The Bank of England was urged to hold off further rate cuts next month because of fears the pound could ...   more »

View Article  Bank Of England January Rate Cut, which lenders have sliced the .50% decrease from their customers!

Who has cut rates?

MORTGAGE LENDERS' SVR CUTS JANUARY 2009
Lender Old SVR % New SVR % Cut %

Mortgage ...   more »

View Article  Are new buyers really soaring in London area?

Quarter 4 2008 saw the number of Londoners looking to buy a home rocket by 83% compared to Q4 2007, ...   more »

View Article  Government supports secondary mortgage market

The government today said that it supported the secondary mortgage market, but it was paramount that it must operate in ...   more »

View Article  100% mortgage from the taxman?

The 100% mortgage is on the way back as taxpayers' money is used to tempt first-time buyers to move into ...   more »

View Article  Property auctions are they really the place to get bargains?

The number of repossessed homes up for auction in London has more than doubled in the past year, figures show ...   more »

View Article  £200m mortgage rescue scheme launches

A new mortgage rescue scheme, which will see not-for-profit housing associations buy homes from people struggling to pay their mortgage, ...   more »

View Article  Top bankers debate mortgage lending

Some of Britians top bankers met at the Prime Minister's country residence, Chequers, this weekend to discuss solutions to the ...   more »

View Article  Interest rate cuts only half the solution

Commenting on yesterday's 0.5% cut in interest rates, Liberal Democrat Shadow Chancellor, Vince Cable said it was only half the ...   more »

View Article  BOE MPC cuts rate to 1.5%!

The Bank of England’s Monetary Policy Committee has cut Bank base rate to 1.5%, its lowest ever level.


BBR has ...   more »

View Article  Cable warns prices may fall further 20%

Liberal Democrat Shadow Chancellor Vince Cable has forecast house prices may yet fall by a further 20%.

 

Liberal Democrat ...   more »

View Article  The Mortgage Works unveils new Buy To Let deals

The Mortgage Works (TMW), the specialist lending subsidiary of Nationwide Building Society, has launched two new buy-to-let products.

The lender ...   more »

View Article  Halifax Survey: UK House prices dived 16.2% in 2008

House prices plunged by a record 16.2% in 2008, according to the Halifax, as £37,000 was wiped off the value ...   more »

View Article  Wimpey has cash woes! No not the fast food chain.

Housebuilder Taylor Wimpey has revealed it has failed to secure an emergency cash injection to repair its balance sheet.

In ...   more »

View Article  May 2008 housing figures look great, yeah right!

Average house prices in England and Wales remained flat in May, showing no monthly change at £183,266, according to the ...   more »

View Article  Rental yields on 2 year high

Rental yields rose in May to 6.4%, their highest level since the start of 2006, according to the latest Buy-to-Let ...   more »

View Article  Rental demand up 41% year on year

Demand for rented accommodation in May has boomed 41% year on year according to new data from estate agent Your ...   more »

View Article  Property Market is Worst For 30 Years!

Homeowners trying to sell their property face the toughest battle to find a buyer in 30 years, a report warns ...   more »

View Article  Paragon to help tenants & landlords progress!

Paragon Advance has launched a new insurance product which will free tenants from having to raise a deposit before moving ...   more »

View Article  HALIFAX TO CUT FEES & RATES!

Halifax is reported to be listening to the Government and is due to cut fees and rates

Yes Halifax, Britain's ...   more »

View Article  House prices freefall?

The housing market today looked as though it was headed into its worst crisis since the crash of the early ...   more »

View Article  Countrywide in takeover offer

Estate agency Countrywide plc, the owners of national property agents Bairstow Eves and others, has received a possible takeover offer from ...   more »

View Article  Estate agents targeted by 'illegal' Home Information Pack providers

Estate agents are being contacted by a number of 'illegal' HIP providers, including several companies based offshore, as the HIPs ...   more »

View Article  January house prices 'rose 1.3%'

UK house prices are still rising strongly despite recent interest rate rises, according to the country's biggest mortgage lender, the ...   more »

View Article  UK New Build Update: NHBC to work with MDA on new build HIPs

MDA Advantage, a home information pack (HIP) provider and NHBC, the warranty and insurance provider for new homes, have announced ...   more »

View Article  Portman increases SVR by 0.24% to 6.99%

Portman Building Society will increase its Standard Variable Rate by 0.24% to 6.99% with effect from 16 November 2006 for ...   more »

View Article  New home buyers returning to market, says SmartNewHomes

October has seen new home buyers return to the market in their droves with a record number of site visits and searches, says SmartNewHomes.com.

The average price of a new home is up 1% since July and up 0.7% since the same time last year.

Following its recent fall in popularity the new detached home has made a come back in October with the average price up 3.6% on the previous month – the biggest recorded price growth across the mix.

In contrast, the townhouse has experienced a fall over the same period, with average prices now just over £240,000.

 

 

SmartNewHomes.com also records how much home buyers indicate they are willing to pay for a new home.

Buyer confidence has continued to rise steadily this month as the price buyers are willing to pay for a new home (demand price) continues to increase, reflecting the upward turn in the current price of a new home across the UK (stock price).

October has proved a positive month for new home buyers as record numbers search the SmartNewHomes.com site for a new home. Prices are now back on track for a positive end to 2006, overtaking those prices experienced at the same time last year.

The average price of a new home reached £257,036 in October, compared with £255,327 in October 2005, resulting in a 0.7% annual price increase. 

The latest fixed rates are online and available from www.Mortgage-Shop.co.uk, FREEPHONE 0800 092 0800.

View Article  UK Mortgages: Interest rates hit a five-year high

Today the Bank of England raised interest rates by a quarter per cent to 5 per cent, its highest level ...   more »

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