Contractor mortgage seekers may struggle this year
The Bank of England had some distressing news for contractor mortgage seekers last week when it said that it was about to get harder to obtain a home loan.
View ArticleHSBC’s lifetime tracker mortgage is among the best buys
Although the Bank of England has held the base rate at a historic low of 0.5% for almost three years, contractor mortgage rates have been increasing recently as lenders fear a double dip recession.
View ArticleGood news as mortgage lending increased in November
There hasn’t been much good news to shout about in the housing market recently, but a glimmer of hope has crept in after the CML announced that mortgage lending increased in November.
View ArticleYorkshire Building Society cuts rate on 90% LTV fixed rate deals
Yorkshire Building Society had some welcome news for first time buyers earlier this week when it cut the interest rate on its range of low deposit contractor mortgages.
View ArticleWill Bank of England cap maximum LTV for contractor mortgages?
Chancellor George Osborne said last week that the Bank of England may step in and put a cap on the maximum contractor mortgage LTV in a bid to prevent another credit crisis.
View ArticleHave you reviewed your contractor mortgage recently?
The Bank of England first set the historically low base rate three years ago and yet a large number of borrowers have not reviewed their contractor mortgage arrangements since then.
View ArticleMore lenders are increasing their standard variable rate
People with a contractor mortgage are feeling justifiably nervous about their repayments at the moment.
View ArticleFive-year fixed rate contractor mortgages are looking good
People looking for a contractor mortgage might be interested to learn that five-year fixes are now cheaper than they have been over the last 2 years.
View ArticleRise in mortgage approvals in March defied expectations
The latest figures from the Bank of England might bring a modicum of hope to those seeking their first contractor mortgage.
View ArticleBoE’s new lending plans may stabilise mortgage rates
While it may be too much to hope that the new lending plans recently unveiled by the Bank of England will reverse the seemingly inexorable upward climb that the nation's borrowers have been seeing to...
View ArticleMortgage availability is up, according to Bank of England
While it seems a bit odd with so much evidence to the contrary, the Bank of England has announced that mortgage availability is on the rise.
View ArticleBank of England says mortgage approvals at full year high
According to new research findings from the Bank of England, mortgage approvals rose to their highest level so far this year.
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