Archive | September, 2011

Mortgage complaints increased in first half of 2011

Data recently released by the Financial Services Authority shows an increase in the number of complaints about mortgage products in the first half of 2011.

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State Bank of India to offer buy to let mortgages

Contractor mortgage seekers may be interested to learn that the State Bank of India is expanding its UK retail division and entering into the mortgage market.

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Sub-prime lenders add to the stress of mortgage defaulters

Although sub-prime contractor mortgage lending dried up after the recession, there are still hundreds of thousands of people with sub-prime debts.

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Post Office joins the battle to offer cheap contractor mortgages

The Post Office last week joined the battle to woo contractor mortgage seekers by slashing the rates on some of its mortgage products by as much as 1.24%.

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Is now a good time for freelancers to think about moving home?

Freelancers looking for a contractor mortgage might be interested to learn that mortgage lending increased to its highest level in over two years last month.

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47% of house prices in Midsomer Murders location top £1 million

Unless you can afford the repayments on a huge contractor mortgage, Beaconsfield probably won’t be at the top of your list of towns to source if you’re thinking of moving home.

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The buy to let mortgage market celebrates its fifteenth year

Buy to let mortgages first hit the marketplace in 1996, making them 15 years old this year.

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How can first time buyers possibly afford a £66,000 deposit?

People looking for their first contractor mortgage will know that lenders are asking for extortionate deposits, but did you realise that the average deposit has risen tenfold since 1990?

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UK buy to let market is booming

The buy to let market is booming as many landlords apply for refinance in order to expand their portfolios.

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Santander reduces rates on fixed rate contractor mortgages

Last week, Spanish owned Santander joined the race to offer the lowest fixed rate contractor mortgages.

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Access to best schools top consideration for families moving home

What is the most important factor to take into consideration when you think about moving home? According to a housing expert, the answer is almost always location.

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Mortgage lending still has a long way to go

Data from the Council of Mortgage Lenders shows that the number of mortgages granted in July was 6,900 lower than the comparable month in 2010.

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