Is the UK housing market in 2011 a cause for optimism?   The UK housing market in 2011 is a real mixed bag with just as many positive news reports and research figures abounding as negative. Since the recession started and job losses began to take their toll, the housing market has been subject to almost [...]

Pros and Cons of a 90% Mortgage   While the return of buy to let mortgages and the proliferation of renters has hogged the headlines of late, the 90% mortgage has quietly made a return to market. All but impossible to find during the height of the recession and property market slump, a number of [...]

How hard is it to get an 80% mortgage?   While the prospect of saving a 20% deposit may seem daunting as you itch to take possession of a brand new home, the reality of the UK property market is that 80% mortgages are the product of choice for most lenders, over and above a [...]

Applying for a 95% Mortgage   According to The Guardian Newspaper, there were just six 95% mortgage products available in June 2009, making it almost impossible for the cost-conscious first time buyer to grab a rung on the property ladder. While the UK housing market may still be less than stellar, there are signs that [...]

How much deposit for a house do first time buyers need?   One of the biggest concerns of anyone looking to get onto the property ladder is ‘how much deposit for a house do I really need’? Unfortunately for those pondering this question, the short answer is – a lot!   New research into how [...]

Making The Right Decision With Savings When Rates Go Up   Sooner or later the Bank of England is going to announce an increase in the base rate. The current base rate has remained at the historically low level of 0.5% for nearly two years, so homeowners are forgiven for getting used to poor savings [...]

New 90% Mortgage Deal From Abbey For Intermediaries Abbey for Intermediaries is offering a new 90% mortgage which will be available through mortgage brokers. The two year fixed rate 90% mortgage costs a £599 fee, at a rate of 6.19% along with the Homebuyer Solution. There is also a three year fix rate 90% mortgage [...]

A 95% Non-Mortgage House Purchase There is a new deal out on the market for first time buyers to get on the property ladder.  First time buyers will only require a 5% deposit. The Mill Group which is a specialist property company has developed a fund which will help time buyers with the purchase of [...]

95% Mortgages In November 2010 It’s November 2010 and there is very little to add to the existing list of 95% mortgages. On a positive note Newcastle Council are offering 95% mortgages to try and offload flats within its £40 million renovated tower blocks. It is using public money and is a risk to help [...]

Skipton Joins the 95% Mortgage Market The Skipton Building Society has launched a 95% mortgage aimed at first time buyers.  This LTV is high and there are only a couple of 95% mortgage deals out there, so this may be a welcome product even if it is expensive. This is a direct from the society [...]