Archive | April, 2011

Can expats still obtain a UK contractor mortgage?

Expats returning to the UK, or trying to regain a place on the property ladder, have found life tougher since the global economic crisis.

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Will the royal wedding delay an interest rate rise?

As well as providing us with an additional bank holiday, Prince William’s wedding to Kate Middleton may also delay a rise in interest rates, a situation that will delight people with a contractor mortgage.

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Will mortgage lending companies change their strategies?

Mortgage lending companies are thinking about changing their strategies in order to attract more borrowers, a move that will undoubtedly win favour from people looking for a contractor mortgage.

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Things are looking up for the new build housing market

The UK’s new build housing market is showing increased signs of optimism, according to recent statistics.

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Will it remain hard to get a contractor mortgage until 2014?

Business analyst Datamonitor says it will remain difficult for UK consumers to get a contractor mortgage this year and the problem may remain with us until 2014.

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Things are looking good for buy to let property investors

Whilst first-time buyers continue to struggle to get their feet on the housing ladder, the buy to let market is witnessing the return of property investors.

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What will a base rate rise mean to your contractor mortgage?

Millions of UK homeowners are unaware of the effect a rise in the base rate will have on their mortgage repayments, according to new research from unbiased.co.uk.

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An offset mortgage could save you thousands of pounds

Although the global economic crisis is over, we’re still feeling the backwash and trying to save money wherever possible.

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Will the increase in valuations push house prices up?

Although there was little movement in house prices last month, some surveyors think that may be about to change.

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Contractor mortgage fraud continues to rise

Mortgage fraud was on the increase last year according to Experian, the credit rating agency. 32 out of every 10,000 applications contained some untrue information. 97% of mortgage fraud cases involved first-party fraudsters.

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Some fixed rate mortgages have a sting in the tail

Concerns about rising interest rates have led to a surge in the amount of fixed rate mortgage products appearing on the market in recent months. However, a new study conducted by uSwitch.com has revealed that home buyers are being hit by high mortgage set-up costs.

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Should mortgage companies have insurance against defaulters?

We all know that the UK’s housing market has been extremely volatile in the last couple of years and first time buyers have suffered more than most.

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