Mortgage News

Latest Mortgages News From MoneyHighStreet.com

High mortgage rates hampering landlords from buying properties

High mortgage rates are preventing landlords from investing in residential properties as only 10 percent of them have confirmed plans to purchase.

People delay having children due to high house prices, mortgages

High house prices and large mortgages are forcing many people to delay having children, a new study by charity group Shelter has found.

Borrowers gain, savers lose

Borrowers have been getting huge benefits as lenders have been reducing their mortgage rates in the last few months.

Lenders continue to lower mortgage rates to lure customers

The banks of Yorkshire and Clydesdale are offering remortgage customers and home-movers free one year buildings and contents insurance worth up to £1,000 starting Monday.

Slower pace in rise of house prices noted

Chartered Surveyors have noted that house prices rose by 30 percent in December ’09.

Over 1m housholds pay mortgage, rent using credit cards

A study by housing charity Shelter has found that more than one million households have used their credit cards to pay their mortgage.

Base rate stays at 0.5%, lenders reactions mixed

The Bank of England’s Monetary Policy Committee has announced it voted to maintain the existing Bank Rate at 0.5 percent.

Mortgage approvals rise sharply

The number of mortgage approvals in the UK rose sharply to the highest level in November since March 2008.

Mortgage market hit in 2009 but house prices set to rise in early 2010

An independent study has shown that the UK mortgage market has been hit hard by the financial crisis, but house prices are set to rise in early 2010.

Affordable house prices for first-time buyers in some areas

A new study by the Halifax First-Time Buyer Annual Review 2009 has shown that the average price paid by a first-time house buyer was affordable.

Leeds Building Society offers borrowers £1,135 savings on mortgage fees

Customers of the Leeds Building Society (LBS) will be given a New Year treat and can save up to £1,135 on three year fixed rate mortgages.

House prices - the most expensive places to buy property

House prices: where are the most expensive areas in buy property in the UK?