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House Prices Fall By Record Levels, But Stability On The Way

Loans - Friday, October 3rd, 2008

It is now common knowledge that since the beginning of the credit crunch, house prices in the UK have fallen steadily over the course of the last twelve months, leading to a lack of confidence and reluctance to buy in potential home owners, which has exacerbated the situation further.
Coupled with this is the fact that, [...]

Is The Buy To Let Market Finished?

Loans - Thursday, October 2nd, 2008

A debt solution comparison site has claimed that the buy to let bubble has finally burst, leaving a large number of smaller property investors in financial hardship as they are struggling to let their properties and are unable to sell due to falling prices and lack of consumer confidence in the housing market.
Many individuals have [...]

Report On Mortgage Loan Market Delayed

Loans - Wednesday, October 1st, 2008

You may have recently heard how the Treasury have commissioned Sir James Crosby to conduct a review and report into the mortgage and home loan markets, with particular reference to the recent funding problems and liquidity issues which are being faced by the majority of banks, building societies and other home loan providers in the [...]

More Mortgage Loan Products Withdrawn

Loans - Tuesday, September 30th, 2008

Following the upset and turmoil which hit the banking sector in the UK yesterday, a large number of remaining banks and building societies have withdrawn some, or all of their mortgage and home loan products until things start to settle down in the market place.
Overall, the total number of available mortgage loan products fell by [...]

Further Reductions In Home Loan Approvals

Loans - Monday, September 29th, 2008

The total number of mortgages and home loans which have been approved by a lender have fallen once again over the course of August, according to the latest figures from the Bank of England.
The figures show that there were 32,000 new loans approved for home purchases in August, 64,000 remortgage cases and 39,000 loans for [...]

GE Money Fined On Home Loans By FSA

Loans - Friday, September 26th, 2008

The Financial Services Authority (FSA) is starting to get tough on providers of mortgages and home loans who are not seen to be treating their customers fairly and overcharging them on their loans.
The financial regulator and watchdog has sent a clear message to all providers of mortgage loans, by issuing a fine of £1.12 million [...]

Almost 25 Per Cent Of Home Owners Unsure Of Mortgage Loan Rate

Loans - Thursday, September 25th, 2008

A large percentage of the population in the UK are home owners and most of these individuals have some kind of mortgage or home loan secured on their property.
Whilst we all claim that we have shopped around the market place for the most competitive deal on our mortgage loan, a recent survey has revealed that [...]

 
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