Search Results for: Mortgages
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Rental market
Big lender says number of BTL mortgages rising
‘Encouraging’ lending figures show landlords are shaking off renting reform fears and adding to their portfolios.
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Housing Market
Million or more mortgages now stretch into retirement years
More than a million home buyers have taken out home loans that will not be paid off until well after they are due to retire, new figures show.
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Latest property news
MORTGAGES: ‘Awful’ application process blamed for purchase delays
Banking tech provider MD Jerry Mulle says many first time buyers said applying for a home loan was so painful they wish they'd remained renting.
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Housing Market
Nationwide green lights ‘game changing’ 6x earnings FTB mortgages
In a bold move Nationwide will allow FTBs the largest income multiplier compared to its rivals, signalling a likely upturn in housing market activity.
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Housing Market
Industry welcomes five-year fixed mortgages dipping below 4%
Nationwide has become the first lender to reduce its five-year fixed mortgage rate below 4%, at 3.99%, for many months, with more expected to follow.
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Housing Market
WARNING: 40-year mortgages ‘will store up problems’ for young homeowners
Bankers trade body UK Finance warns that young people taking out long-term home loans may not be able to pay into pensions.
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Housing Market
MORTGAGES: Lenders cut rates as hopes rise of BoE reduction
Increased expectations that the Bank of England will cut the base interest rate next month prompt lenders to reduce mortgage costs.
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Latest property news
Chancellor ‘ditches’ 1% mortgages ahead of Budget after backlash
Reports suggest Chancellor Jeremy Hunt has scrapped plans to introduce a 1% mortgage to help first-time buyers.
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Latest property news
Foxtons high flyer moves to LRG to head up mortgages operation
The newly created position comes after LRG’s acquisitions of Stirling Ackroyd, Alexander & Co and Peter Ball expanding the group by 41 branches.
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Latest property news
Property expert slams 1% mortgages as ‘unworkable’
Charlie Davidson of law firm Bishop & Sewell says 1% mortgages will leave first time buyers with huge debts.
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