Tag Archives: standard variable rate

Can You Still Get A Mortgage In The UK?

Report: Contrary to popular belief, most lenders are still lending money to new customers and re-mortgage customers. There are certain changes in lending criteria, but mortgages are still being offered. The news headlines tell consumers that mortgage lending is at … Continue reading

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Britain’s Buy-To-Let Woes

From the Times of London: BRITAIN’S army of buy-to-let landlords are experiencing a repayment shock more severe than the one faced by other borrowers, as lenders raise rates in response to growing evidence of arrears in the sector. Although the … Continue reading

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The End of the Mortgage Crisis?

From the Independent of London: Some stability seems to have returned to the mortgage market, with several high-profile lenders even moving to cut rates. Nationwide and Abbey, have both reduced their prices recently, with Nationwide’s 0.3 per cent cut on … Continue reading

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Banks Profiling High Risk Customers

From the Independent of London: Nervous mortgage lenders are wielding a new and invisible weapon in their quest to drive away "high-risk borrowers" – even if they are already loyal customers. This is according to new research from mform.co.uk, the … Continue reading

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Finding The Best Mortgage Deals

Rupert Jones writes for the Guardian of London: Where can you find the best mortgage deals? There was a similar message from financial website Moneyfacts.co.uk, which said on Tuesday that of the 20 best home loans for someone looking for … Continue reading

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Cutting Mortgage Losses

From Manchester in the UK: In 2007 we spent an average of 17.8 per cent of our income on mortgage interest payments, according to the Council of Mortgage Lenders (CML), compared with just 11.6 per cent five years before. 1 … Continue reading

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Mortgage Rates Dropping In UK

From the Independent: Some stability seems to have returned to the mortgage market, with several high-profile lenders even moving to cut rates. Nationwide and Abbey, have both reduced their prices recently, with Nationwide’s 0.3 per cent cut on a range … Continue reading

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Surviving Mortgage Payment Shock

From the Motley Fool UK: Back in February, HSBC offered a ray of hope when it introduced its Rate Matcher mortgage. This offered a two-year fixed rate on the same terms as your previous fixed-rate deal. HSBC reckons its mortgage … Continue reading

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British Chancellor Meets With Leading Mortgage Lenders

The Times of London reports on Alistair Darling’s attempts to halt the credit crisis. Lenders and the Labor government have become increasingly hostile over the past few weeks. The prime minister has criticized lenders for not passing on interest rate … Continue reading

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