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.
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.

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

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

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

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 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.
















