There was little increase in the number of new mortgage deals closed by bank lenders in April, as the annual ‘spring bounce’ failed to materialise, according to the British Bankers’ Association (BBA). Consumers are focussed on clearing existing debt, rather than taking on more.
Posts Tagged ‘Mortgage Lender’
Little increase in mortgage deals as market remains flat
Thursday, May 27th, 2010Investors lose thousands by not reviewing investment portfolios
Monday, November 2nd, 2009Investors who fail to regularly review their funds investments are losing thousands by leaving cash invested in underperforming funds, a new report has revealed. The amount of cash in badly-performing so-called ‘dog’ funds has almost doubled in the past year, from £7.2bn on 31 December 2008 to £14.22bn at the end of September 2009. The [...]
What is your mortgage affordability rating?
Thursday, July 23rd, 2009In approving a mortgage offer to a homebuyer these days, lenders decide the amount of finance on offer based on a number of factors. One of the most crucial is the mortgage lender’s view of how much the applicants can comfortably afford to repay. This assessment in turn reveals the ‘affordability’ of the mortgage repayment that the applicant has asked for. If [...]
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