Mortgage Deals Help…

Housing Minister Pushes New Builds
 
The start of the year has been awash with conflicting stories of house price boom and stories of another impending bust. One headline suggests there are no mortgage deals worth mentioning and another showing excitement at all the new exciting deals available.
 
One thing is for sure that 2010 and on will [...]

Are mortgages for first time buyers still out there?
 
Compared to the mortgage market in 2007 figures in March 2010 show that there are relatively no mortgages for first time buyers.  Gone are the days of 100% or even 125% mortgage deals and since the credit crunch first time buyers have had to take a different approach [...]

Nationwide Say House Prices Fall by 1%
House prices have fallen in February by 1% according to Nationwide.  This is seen to be the first time prices have fallen since last April.  The average price has dropped from £163,481 in January to £161,320.
Nationwide have conceded that it is too early to say if this drop is [...]

100 percent mortgages in 2010
 
First time buyers are set to struggle as we move into 2010 and those looking for 100 percent mortgages are not going to find any in the market.  There are no lenders willing to take the risk on 100 percent mortgages, and the maximum they are willing to risk is a [...]

Housing Market Taskforce Put in Place by JRF
 
The Joseph Rowntree Foundation (JRF) who seek to understand the root causes of social problems, identify ways to overcome them, and to show how social needs can be met in practice have brought together a group of leading experts in order to develop long-term policy options that would [...]

House prices fall back again in May
According to the Land Registry house prices fell by 15.9% in May compared to May 2008, and down by 0.2% since last month.  The average price of a house in May 2009 is £152,497.
Two main lenders Halifax and Nationwide have reported slight increases in house prices in May – 2.6% [...]

3 Disastrous Decisions When Buying a House
 
Buying a house can be a life changing decision for you and your family, even with falling house prices.  Along with a mortgage there are legal fees, stamp duty, removal costs, and if you are selling there is a nice big estate agent fee as well.  That’s a lot [...]