19 May 2009 Archive

Lenders increase fixed rate mortgages

Lenders increase fixed rate mortgages

Lenders have increased the margins on short term fixed rate mortgages over the last month.

Can buy-to-let survive?

Buy-to-let investors look at lower house prices but see mortgage drought

Is buy-to-let dead? The number of mortgages available on the market has fallen substantially and lenders are now demanding greater deposits.

Homes sell for 6.2% below asking price

Difference between asking prices and selling prices narrows

The average property in April sold for 6.2 per cent under the asking price.

First Direct hails offset mortgages

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Borrowers could save thousands of pounds by switching to an offset mortgage, new research by First Direct has revealed.

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