Homeowners have been urged to remortgage to a cheaper home loan and take advantage of lower monthly payments before this Christmas’s bills hit their pocket. first direct said that total spending on credit cards was £10.7 billion in December 2009, which represented an increase of £400 million in just one month on November 2009’s £10.3 […]
Category Archives: Mortgages
The Bank of England is likely to hold Base Rate at its current historic low of 0.5% for the foreseeable future. UK Business Secretary Vince Cable admitted in a speech to the Lib Dems yesterday that there “would be a problem” if the Bank were to increase the rate. He went on to point out […]
Mortgage lenders keen to give buyers first step on property ladder Two mortgage lenders have taken steps to try and encourage more people onto the housing ladder. The Bradford-based Yorkshire Building Society, has seen a surge in demand for first-time buyer loans. Since its June revamp, the number of people with smaller deposits helped onto […]
Tiger Woods has reportedly taken out a £36m mortgage for his Florida mansion.
Mid 2010 figures, average house prices and reports.
The Bank of England will not raise rates until the second quarter of 2011 in order to compensate for slashed public spending, according to leading economists. A poll conducted by Reuters news agency found that despite a surprise surge in economic growth in the second quarter of this year there is little expectation that the […]
The average mortgage is twice as affordable for borrowers today than at the peak of the market boom in 2007.
Current official Bank Rate 0.5%
Work out how much your mortgage could cost in seconds, it’s easy to use and gives you a good idea of how much you’ll be paying off each year.
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