As two more lenders pull competitive mortgage deals from the market, what is the outlook for UK borrowers?
Daily UK mortgage news
- Buy-to-let looking attractive December 4, 2009Buying property to let out to private tenants is beginning to look like an attractive proposition, as reduced house prices and a steadying rental market bring about seductive returns for investors.
- Number of mortgage deals increases December 4, 2009The number of mortgage products on offer has rocketed by more than a third since April.
- UK house prices could fall again December 4, 2009Despite reports of growth in UK average house prices in the latter half of this year, Fitch warns that values could fall again in the next couple of years.
- Property valuations rise December 4, 2009The number of valuations being carried out on properties has risen by 50% compared to last November.
- Sellers pay £650m + for HIPs December 3, 2009Property vendors have paid £657.6m for Home Information Packs (HIPs) since they were introduced in 2007, raising nearly £100m for the Treasury.
- MPs want Stamp Duty holiday extended December 3, 2009A posse of Labour backbenchers has tabled an Early Day Motion for the extension of the Stamp Duty holiday beyond December 31 2009.
- First-time buyer lending up 26% December 3, 2009Mortgage lending to first-time buyers in Scotland soared by 26% in the third quarter of 2009.
- Google plans threat to online estate agents December 3, 2009Google is talking to a number of UK estate agents with an eye to launching an online property portal, which could seriously threaten existing online property websites such as Rightmove.co.uk and findaproperty.com.
- Estate agents acting illegally December 2, 2009Many estate agents are illegally forcing customers to use their in-house mortgage advisers rather than independent mortgage brokers.
- House sales up 66% December 2, 2009The number of property transactions that went through in November this year was up 66% on November 2008.
