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Speculation has been mounting that further interest rate cuts will be announced by the Bank of England, after minutes from its previous meeting on cuts were released. They reveal that the Bank's n...
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Mortgages News Archive → Syndicate this
Tuesday 2nd September 2008
Government Announce Partial Suspension Of Stamp Duty On Home Purchases The UK government has reacted positively to the threat of a further downturn in the UK property market with a suspension of stamp duty on home purchases up to a level of £175,000. While this...
Monday 1st September 2008
Brown And The £40 Billion Bail Out (Part One) The weekend press has been full of yet more promises from the Labour Party as the government looks to support the housing market. Yet again we have unnamed sources drip feeding yet more stories...
Monday 1st September 2008
Brown And The £40 Billion Bail Out (Part Two) The £40 billion bail out plan by Gordon Brown (heavily hinted upon but not actually confirmed as yet) is a massive risk to the UK tax payer. This is after the £20 billion plus which...
Monday 1st September 2008
New Mortgage Rules Set To Reduce Fraud A number of bodies involved in the provision of mortgage finance have grouped together to produce a new set of rules which will see mortgage fraud drop substantially over the next few years. The...
Monday 1st September 2008
Mortgage Approvals Drop 70%! News that mortgage approvals in July fell over 70% compared to the same period last year have shocked even the more downbeat of analysts in the City. While a fall was expected the magnitude has...
Wednesday 27th August 2008
Abbey reveals mortgage repayment trends More than one in ten homeowners are planning to overpay on their mortgages, as they try to cut back on their debts. According to Abbey, which conducted research in to the subject, this group outnu...
Saturday 23rd August 2008
Are Mortgage Lenders Increasing The Bar Again? News that over 400,000 mortgage applications where rejected over the last 18 months has taken a number of observers by surprise and cast the spotlight back onto the finance sector. While the major...
Friday 15th August 2008
Halifax Reduces Mortgage Rates Again Whatever is the mortgage market coming to when Halifax pushes through its second rate reduction in less than a week!

The group’s two year tracker mortgage rate has fallen...
Friday 15th August 2008
Repossession orders on the rise, government says Around 26,500 repossession orders were issued to homeowners over the second quarter, new official statistics show. This means that the orders - one of the first stages in a property's repossession...
Thursday 14th August 2008
HSBC Survey Claims Mortgage Finance Is Readily Available A report by HSBC into the UK mortgage market has thrown up some rather strange results with the company claiming that far from finance being a problem for the housing market, 98% of those looking...
Thursday 14th August 2008
Even The Building Societies Are Feeling The Pain News that half year profits at the Britannia Building Society have fallen by 36% compared to the same period last year is evidence that the credit crunch is now hitting the Building Society sector...
Tuesday 12th August 2008
Mortgage Lending Falls By A Third The Council of Mortgage Lenders (CML) in the UK has today stepped forward with confirmation that the mortgage market is getting worse. It was confirmed that year on year gross mortgage lending has...
Tuesday 12th August 2008
When Will Competition Return To The Mortgage Market? The UK mortgage market has been something of a graveyard for many of the major players over the last 12 months with finance hard to come by and reliable customers even harder to find. So when will...
Friday 8th August 2008
Barratt Homes Offers To Pay Your Stamp Duty In a move which could well attract a mass of interest from potential house buyers, Barratt Homes has announced an offer to pay the stamp duty on new purchases, even if the government decide not to...
Tuesday 5th August 2008
Is Gordon Brown About To Suspend Stamp Duty On Home Buys? Those waking up this morning will find that there is an ‘exclusive’ in the Sun newspaper which claims that Gordon Brown is on the verge of taking his biggest gamble ever. If the rumours are...
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