Anybody who is working in the housing or home loan markets will be quick to let you know how difficult times are for them at the moment.
Whether it is an estate agent, mortgage loan broker, builder or surveyor, business is quiet as the market continues to stagnate, following the effects of the credit crunch.
A recent [...]
The number of first time buyers entering the housing and mortgage loan market has been steadily reducing over the course of the past twelve months, but it looks as though they may have to be classified as an endangered species before too long, if the current trend continues.
According to the latest figures from the Council [...]
We reported recently about how local councils were planning to lobby the Government to grant funding so that they were able to offer mortgages and home loans to those who most needed help with funding their house purchase, or were struggling with their existing home loan.
But now the New Local Government Network (NLGN), the body [...]
It is now taking much longer for a home owner living in the UK to sell their property, according to a new survey.
This probably doesn’t come as any surprise to most people who have been paying any attention at all to the news over the past twelve months, since the start of the credit crunch, [...]
There have been a lot of changes in the mortgage or home loan market over the course of the past twelve months, with a large percentage of the number of deals available being withdrawn by lenders altogether and the vast majority of those deals which remain becoming subject to much stricter lending criteria covering things [...]
There was some good news, earlier this week, for those individuals who have been trying to get their feet onto the first rung of the housing ladder, as the Government eventually announced its plans to help the mortgage loan and housing market, which included new incentives specifically aimed at providing assistance for first time buyers.
Apart [...]
The Government has been promising some action to help the ailing housing and mortgage loan market for some time now and many people working within the industry have been eagerly awaiting the outcome with baited breath, whilst potential buyers have put their plans to buy a house on hold until they find out what new [...]
