August 2006 Archive

Nationwide: House price growth at 14-month high

UK house prices rose 0.8% in August, Nationwide reports

House prices are growing faster than they have for 14 months, according to data released today by Nationwide.

Mortgage figures show property market healthy

Bank of England mortgage figures for July point to a healthy property market

The UK property market is in "excellent health" according to Bank of England mortgage figures released today.

Lloyds TSB launches full-term discount and fully flexible fee-free mortgages

Lloyds TSB is launching a discount-rate mortgage, where the discount lasts for the full term of the home loan, as well as a fully flexible fee-free mortgage.

Can you take out 2 mortgages on 1 property?

Ever wondered if you can have two mortgages on the same home with different lenders?

New 10-year fixed-rate mortgage from Skipton at 5.29%

Skipton Building Society has unveiled a new ten-year fixed-rate mortgage charging 5.29 per cent.

HSBC increases mortgage interest rates

HSBC has increased the mortgage interest rate it charges on many of its fixed, variable, and buy-to-let mortgages by 0.25 per cent.

First-time buyers need £29,000 deposit

It now takes £29,000 to pay for a deposit and taxes for a first home

First-time buyers need £29,000 to fund a deposit and taxes for their first home, new figures reveal.

First-time buyers expect parental mortgage help

First-time buyers are relying on their parents for help with mortgages and deposits [photo:Pixmedia]

With house prices still accelerating faster than earnings, increasing numbers of first-time buyers are relying on help from their home-owning parents to get them on the property ladder.

The mortgage that outlives you

The inter-generational mortgage from Kent Reliance building society could last forever

Today a media storm erupted surrounding Kent Reliance building society's new inter-generational mortgage, a loan that can be passed on to children after death.

NatWest launches 4.94% buy-to-let mortgage

NatWest is launching a three-year buy-to-let tracker mortgage at 4.94 per cent.

Woolwich offers lifetime tracker mortgage at base rate +0.19%

Woolwich has re-launched its lifetime tracker mortgage fixed at 0.19 per cent above Bank of England base rate.

Rightmove: House prices slip in August

House prices fell 1.6% in August, Rightmove reports [photo:Pixmedia]

The average house price in England and Wales slipped 1.6 per cent in August, according to Rightmove.

Mortgages set new record in July

Mortgage lending in July set new records [photo:Pixmedia]

For the third month in a row UK mortgage lending has broken records.

Ask the mortgage expert

Mortgage adviser Ray Boulger answers your questions

Are interest-only mortgages useful if you plan to move again soon?

Should I take an interest-only mortgage?

Are interest-only mortgages useful if you plan to move again soon?

Buy-to-let mortgages set new records

Buy-to-let mortgages have set new records

In the first half of the year some 152,500 buy-to-let mortgages were agreed - worth a record £17.5 billion.

Rics: House price rises at two-year high

31% more house prices rise than fell in the 3 months to July, Rics reports

Some 31 per cent more house prices rose than fell in the three months to the end of July, according to the Royal Institution of Chartered Surveyors (Rics).