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Mortgages News

Listing 693 articles over 70 pages

UK Mortgage Lenders Accused Of Cashing In On Homeowner Crisis

UK mortgage lenders are today accused of cashing in on the distress being experienced by many homeowners up and down the country. It would seem that many mortgage lenders are acting extremely...

UK Mortgage Arrears Hit 12 Year High

At this moment in time there are just over 270,000 mortgages in the UK which are in arrears, which is a 12 year high. This equates to 2.43% of all home loans in the UK and unfortunately the...

Is Competition Reducing In The UK Mortgage Market?

The Council of Mortgage Lenders (CML) has today confirmed that UK mortgage lending fell by 28% in the last year. However it is the revelation that the market is dominated by fewer mortgage lenders...

UK Mortgage Lending Increases

UK mortgage lending in July rose 26% to £16 billion from £12.7 billion in June. While this is a useful increase in mortgage lending we are entering the quieter period towards the end of...

Interest Only Mortgage Customers Under Pressure

In the boom times it seems that more and more people gambled their futures by investing in interest only mortgage arrangements which effectively deferred repayment of capital and reduced their...

Leeds Building Society Launches 5.35% Five-year Fixed-rate Mortgage

As competition in the UK mortgage market continues to build, today we saw the introduction of a 5.35% five-year fixed-rate mortgage from the Leeds building society. This particular offer is...

Have UK Regulations Been Lax In The Buy To Let Mortgage Market?

The revelation of a £41 million hit, much of which is connected to an alleged buy to let mortgage fraud, has plunged the Chelsea building society into difficulties. This is not the first time...

Chelsea Building Society Suffers £41 Million Mortgage Fraud Hit

It has been revealed today that the Chelsea building society has been hit by an alleged buy to let £41 million mortgage which has plunged the building society into a substantial loss for the...

The Great Shakeout In The UK Mortgage Market!

The UK mortgage market has seen a massive reduction in activity levels over the last two years and now we are starting to see a massive increase in bad debts, repossessions and alleged mortgage...

Mortgage Lenders On The Rack

Yesterday's news that the Chelsea building society was forced to take a £41 million hit in relation to an alleged mortgage scam has shifted focus back into the mutual sector and mortgage...

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