Thursday, March 25th, 2010
The average house price for first time buyers is currently four times the national average wage, compared with 2.9 times the average wage in 1990. With a first time buyer mortgage more out of reach than ever, many are delaying marriage and family, according to new data from the National Housing Federation.
Tags: Equity Release, Estate Planning, First Time Buyer, First Time Buyer Mortgage, House Prices, Investment Strategy, Mortgages, National Housing Federation, Retirement, Self-Certified Mortgage
Posted in Mortgage News | 2 Comments »
Wednesday, December 16th, 2009
Chartered surveyors have confirmed that UK house prices are continuing to rise, as the Royal Institution of Chartered Surveyors (RICS) publishes its quarterly UK Housing Market Survey.
Tags: House Prices, House Values, Housing Market, Investment Advice Northern Ireland, Investment Strategy, Mortgage, Mortgages, OFT, Retirement, RICS, Self-Certified Mortgage, SERPS, Sustainovator
Posted in Mortgage News | No Comments »
Wednesday, December 9th, 2009
Good news for homeowners as house prices rose in November for the fifth successive month, according to the Halifax House Price Index.
The November increase was a nationwide average of 1.4%*, which means that house values have risen 4% since the beginning of the year. Halifax attributes this to higher demand combined with a still-sluggish supply, a situation which has pushed prices up.
Tags: Financial Life Cycle, Halifax, House Prices, Investment Advice Northern Ireland, Investment Strategy, Mortgage, Mortgages, National Housing Federation, Remortgage, Retirement, Self-Certified Mortgage
Posted in Mortgage News | 1 Comment »
Thursday, December 3rd, 2009
Are you still a HIPpie? The original flower children of the 1960s have now become a new kind of hippy. Known as the ‘Home Is Pension’ generation, they are factoring the value of their home into their pensions and retirement planning.
There are an estimated 1.3m over-50s depending on equity release from their homes as part of their retirement planning, according to a new report from LV= (the Liverpool Victoria Friendly Society).
Tags: AIB Bank, CML, Equity Release, House Prices, LV=, Maximum Pension Contribution, NAEA, Office of Fair Trading, Pension Planning, Pensions, Retirement Planning, Self-Certified Mortgage, Tchibo, Technoratir, Term Assurance, Utility Prices
Posted in Pensions News | No Comments »
Thursday, November 26th, 2009
Self-employed workers have been assured that new proposals by the Financial Services Authority will not block them from obtaining a mortgage.
“The FSA’s proposals on self-cert mortgages will not block access to the market for the self-employed,†said Lesley Titcomb of the FSA this week.
Tags: Equifax, Experian, Financial Services Authority, FSA, Investment Advice Northern Ireland, Investment Management Association, Mortgage, Mortgage Lender, National Savings & Investments, Pension Advice Northern Ireland, Pension Adviser, Repayment Mortgage, Retirement, Self-Cert Mortgages, Self-Certified Mortgage
Posted in Mortgage News | No Comments »
Tuesday, November 24th, 2009
A location near a top-performing primary school can add over 3% to your home value.
New research from Nationwide* reveals that primary schools that increase their pass rate for 11-year-olds in the Standard Assessment Tests (SATs) by 10%, add 3.3% to the value of a typical house in their area.
Tags: Financial Planning Review, Home Mortgage, House Prices, House Values, Retirement, Self-Certified Mortgage, Sustainovator
Posted in Mortgage News | No Comments »
Wednesday, October 28th, 2009
The Association of Mortgage Intermediaries (AMI) has claimed that new proposals could reduce borrowers’ access to finance in the mortgage market.  The AMI, which represents advisers giving mortgage advice, was referring to new proposals by the financial regulator (Financial Services Authority FSA) seeking to tighten up lending criteria by more rigorous judgement of the ‘affordability’ [...]
Tags: Ethical Investment Funds, First Time Buyer Mortgages, Investment Calculator, Investment Strategy, Mortgage Affordability, Mortgages, Pension Advice Northern Ireland, Pension Adviser, Retirement, Self-Cert Mortgages, Self-Certified Mortgage
Posted in Mortgage News | No Comments »
Tuesday, October 27th, 2009
New proposals by the Financial Services Authority (FSA) to regulate mortgage lending will require lenders to refuse mortgage applications that are beyond what the homebuyer can reasonably afford. However, the current FSA proposals stop short of imposing limits on the loan-to-value ratios of mortgages, which relate to the size of the mortgage as a percentage of the value of the property, and would [...]
Tags: Equifax, Experian, Financial Services Authority, FSA, Investec, Investment Calculator, Investment Management Association, Investment Strategy, Loans, Mortgage Affordability, Mortgage Lender, Mortgages, Pension Advice Northern Ireland, Pension Adviser, Retirement, Self-Cert Mortgages, Self-Certified Mortgage
Posted in Mortgage News | No Comments »
Thursday, August 6th, 2009
House prices will rise slightly in 2009, the Royal Institution of Chartered Surveyors has said, reversing an earlier forecast that prices this year could have fallen by up to 15%.
Tags: Group Life Insurance, House Prices, Housing Market, Interest Rates, Investment Risk, Mortgage Rates, OFT, Online Investment Advice, Retirement, RICS, Royal Institute of Chartered Surveyors, Self-Certified Mortgage, SERPS
Posted in Mortgage News | No Comments »
