Posts Tagged ‘interest rate’

Halifax have revealed that a mortgage offering first time buyers a loan with only a five per cent deposit, but with a huge interest rate was never supposed to make it onto the system.

The Council of Mortgage lenders have released figures which show the number of mortgages to home buyers was up by 8% in April, with the total number of mortgages at 40,900.

Bellway homes have revealed that an increase in consumer confidence in the UK property market has helped the firm increase their sales.

Those looking to mortgage, or first time buyers looking to buy their first home will be encouraged by the news that fixed rate mortgages have hit a six month low

UK house prices increased very slightly in May, although not enough to make up for the large drop seen in April.

Analysts have warned that an interest rate increase could see potential new homeowners spending more than half of their take home pay on their mortgage repayments.