Posts Tagged ‘Mortgages’

Financial Advice on the rise as Jump Money announce bumper profits

Friday, May 20th, 2011

Despite a global economic downturn it appears that companies offering financial advice are starting to see an upturn in fortunes as Jump Money have proved in their latest results.

First time buyer mortgages market boosted by seasonal demand – CML

Wednesday, July 21st, 2010

First time buyer mortgages market boosted by seasonal demand - CML

Mortgage lending was up by a healthy 15% in June, but was boosted by seasonal demand for first time buyer mortgages. In the broader picture, the market is still slow, according to the Council of Mortgage Lenders CML Read More

First time buyer mortgage now needs £36,500 up front

Thursday, July 15th, 2010

First time buyer mortgage now needs £36,500 up front

To secure a first time buyer mortgage and move into your first home now requires £36,500. This includes deposit, fees and costs

FSA proposals impose limits on first time buyer mortgages

Wednesday, July 14th, 2010

In a move that may particularly affect first time buyer mortgages, the Financial Services Authority (FSA) is proposing stricter affordability tests to vet the customer’s ability to repay, and absolute, documented proof of earnings and income Read More

News for first time buyers, as house prices fall

Monday, July 12th, 2010

The Land Registry Index has recorded the first drop in house prices since March 2009. First time buyers may take note of the figures, which are based, not on deals in progress, but on sales already completed

Take independent financial advice on mortgage – FSA

Tuesday, June 29th, 2010

The Financial Services Authority is urging homebuyers to take qualified, independent financial advice when choosing a mortgage. Good independent financial advice will ensure that mortgage holders get a deal that is affordable, sustainable, and exactly right for them.

First Time Buyers may lose stamp duty break, says Budget Report

Friday, June 25th, 2010

First Time Buyers may lose stamp duty break, says Budget Report

The stamp duty break for houses under £250,000 is now ‘under review’ by government, following the June 2010 budget report.

Spring has finally sprung for remortgage market

Thursday, June 24th, 2010

The number of mortgage approvals continues to rise as the annual ‘spring bounce’ in the mortgage market has finally arrived – two months late, but better late than never. Remortgaging is the market driver, says the British Bankers’ Association (BBA). Read more…

Budget Changes – Mortgage Cap would limit first time buyer mortgages

Monday, June 21st, 2010

Budget Changes - Mortgage Cap would limit first time buyer mortgages

Government plans to restrict mortgage lending, following the budget changes on 22nd June, could make first time buyer mortgages more difficult to obtain. Click headline to read more.

First Time Buyer Mortgages remain out of reach, says CML

Friday, June 18th, 2010

First Time Buyer Mortgages remain out of reach, says CML

First time buyer mortgages were a smaller part of overall mortgage sales in April, says the Council of Mortgage Lenders (CML), indicating that first time buyer mortgage deals remain hard to obtain.

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