Mortgage
‘Lowest ever’ five year fixed rate mortgage from the ChelseaChelsea Building Society has unveiled its lowest ever five year fixed rate mortgage. The 70 per cent LTV deal is available at 3.19 per cent. |
Prudential study finds 25% of new pensioners retire in debtRetirees could be losing large amounts of their monthly income because they are struggling to pay off debts. |
Millions cut back on essentials to pay mortgagesFamilies may be going without food and heating as they struggle to pay mortgages. |
58% of Britons lose out on savings by never re-mortgagingFailing to remortgage could be costing Britons money, new figures have demonstrated. |
NIESR predicts 70% chance of UK recession if EU debt crisis not solvedThe chances of the UK slipping back into recession will be around 70 per cent if European leaders fail to sort out the eurozone crisis, it has been suggested. |
UK house prices up slightly in October - NationwideHouse prices in the UK increased year-on-year for the first time in six months, new figures have shown. |
Private sector pay increases rise faster than public sectorPrivate sector salaries are increasing more rapidly than those in the public sector, although both figures are lower than the current rate of inflation. |
Cable: Beecroft report would hinder labour market flexibilityA report has suggested British companies should be able to sack staff without fear of facing an unfair dismissal claim. |
Buy-to-let borrowing pushes "modest" mortgage lending increaseGross mortgage lending was up slightly to £8.4 billion in September, driven by activity in the buy-to-let sector. |
Million-pound homes sales rise to four-year highSales of homes worth £1 million or more are at the highest level since 2007, new research has shown. |
Co-op launches market-leading five-year fixed mortgageThe Co-operative Bank has launched a new five-year fixed mortgage deal exclusively for current account holders. |
Gross mortgage lending down 0.2% last month - CMLThe total value of home loans in the UK increased last month but the market remains flat, the Council of Mortgage Lenders has suggested. |
Typical rental costs 'half of average earnings'Rental costs are now almost half of average earnings, new figures have shown. |
Clydesdale and Yorkshire Banks unveil lower rates for first time buyersClydesdale and Yorkshire banks have launched a new set of mortgage products for first-time buyers with as little as five per cent deposit. |
North-south housing market divide 'wider than ever'The difference between average property prices in the north and south is the biggest since Rightmove began collating such data in 2002. |
Halifax survey reveals Bury as UK's top property sales hotspotBury led the way in the last six months for property sales, recording a 44 per cent increase in volume compared to last year, new figures have shown. |
HSBC earmarks extra £350m for mortgagesHSBC has committed to lending a further £350 million to borrowers with a loan-to-value (LTV) ratio of at least 85 per cent. |
Private rents unaffordable in more than half of EnglandThe cost of renting a property in 55 per cent of local authorities in England is currently unaffordable, it has been claimed. |
The Co-operative Bank cuts fixed-rate mortgage range by up to 0.6%The Co-operative Bank has slashed rates across its fixed-rate mortgage range, with some reductions as high as 0.6 percentage points. |
Remortgaging in August '30% up on last year'Significantly more people are remortgaging than they were last year, new figures have shown. |
Rics: Supply in the housing market dips in SeptemberThe number of new instructions fell in September, a survey of estate agents has revealed. |
Aberdeen has highest proportion of disposable income in UKHouseholders in Aberdeen enjoyed a larger rise in disposable household income between 2004 and 2009 than anywhere else, a study has shown. |
Average two-year fixed rate mortgage deal now at 3.82%Two-year fixed rate mortgages are cheaper than ever, according to new figures from a leading price comparison site. |
New market-leading mortgage from Leeds BSA market-leading mortgage from Leeds Building Society is expected to offer peace of mind to buyers. |
UK house prices 'treading water' in SeptemberHouse prices have increased slightly in September compared with the previous month, but the market remains flat, Nationwide has revealed. |
