August 2007 Archive

Yorkshire Building Society cuts rates

From August 31st the Yorkshire Building Society is reducing the cost of all fixed rate mortgages.

Remortgaging sustains mortgage boom

Gross mortgage lending in July stood at £21.3 billion in the UK, 12 per cent higher than at the same time in 2006.

Co-op launches 'market leading' 25-year fixed loan

The Co-operative Bank has become one of the first providers to offer a 25-year fixed rate mortgage.

Parents give children foot-up onto the housing ladder

The recent house price boom has pushed property further out of reach of first time buyers, but parents are stepping in to fill the gap.

Student rights guaranteed against landlords

Students attending university in September are set to benefit from new legislation protecting their cash against rogue landlords.

Borrowers warned over the £5,600 mortgage fee

Borrowers are being warned over the potential of being hit by over £5,600 in mortgage fees.

Financial risks of Hips loophole revealed

Those looking to exploit loopholes in the home information pack (Hip) scheme may lose money Abbey Mortgages warns today.

First-time buyers 'top-up' mortgages with personal loan

First-time buyers are set to be the main beneficiaries from the latest deal that combines a mortgage with a personal loan.

'Sneaky practices' mean Brits still face banking fees

UK consumers are facing an increased number of routine fees - despite efforts to clamp down on the number of charges included in everyday financial products.

Biggest housing market slowdown for 18 months

August has seen the biggest housing market slowdown for more than 18 months, research out today reveals.

Buy-to-let sector continues to grow

There were a record 938,500 buy-to-let mortgages outstanding in the UK at the end of June, with 171,800 new loans being issued in the first half of 2007 alone.

House prices up £679 in July

House prices in England and Wales were up by an average of £679 in July.

Inflation pushes house prices out of reach

The cost of the first step on the housing ladder is pushing the average age of first-time buyers higher, GE Money Home Lending reports today.

How do you get an ex removed from a mortgage?

How do you go about getting rid of an ex from a mortgage and putting someone else on instead?

Can you have 2 ported mortgages on 1 house?

What happens when you add someone to a mortgage?

What are the legal implications of adding someone to your mortgage to extend your borrowing power.

Can you remove a name from a mortgage without them knowing?

Is it possible to remove someone's name from a mortgage without them finding out?

Can you change a self-cert mortgage into a buy-to-let one?

When is the best time to pay extra on your mortgage?

25-year fixed-rate mortgages from Yorkshire Building Society

Yorkshire Building Society has released two new 25-year fixed-rate mortgages charging 6.29% and 6.49%.

5.14% tracker mortgage from Co-operative Bank

The Co-operative Bank has released a 2-year tracker mortgage charging just 5.14% (Bank of England Base Rate - 0.61%).

Alliance & Leicester self-cert and near prime mortgages

Alliance & Leicester has improved its self-cert mortgages and near prime mortgages

Can you get a first-time buyer mortgage if you are in debt?

Can you get a first-time buyer mortgage if you are in debt?

Woolwich launches best 5.89% two-year fixed-rate mortgage

Woolwich today cut the cost of its two-year fixed-rate mortgage to 5.89%

House prices to rise 40% by 2012

By the time the Olympic flame is lit in Stratford, UK house prices will have risen another 40 per cent.