Mortgage Deals Help…

The Council Of Mortgage Lenders Report Stability In The Mortgage Market
 
According to the Council of Mortgage Lenders there have been further signs of stability in the mortgage market as lending for both house purchasing and remortgaging has increased in June.
 
The figures released by the Council of Mortgage Lenders show there has been a 23% increase [...]

80% Mortgages Are On The Increase
 
According to Mortgage Brain mainstream lenders have increased their product ranges of 80% mortgages or deals with a higher LTV from 13.7% last month to 15.1%. 
 
Fixed rate deals increased by 8% on the previous month, with variable rate mortgages increasing by 6% on the same period.  However tracker mortgages continued their [...]

Darling to Meet With Banks To Discuss Mortgage Lending
The Chancellor of the Exchequer Alistair Darling has said he intends to meet up with the major banks within the next couple of weeks to discuss aiding the recovery of the housing market.
Darling said, “The position with regard to individual lending, especially for mortgages, has got better. [...]

Mortgage Lending On the Up In June 2009 According To CML Lenders
 
According to the latest report out by the Council of Mortgage Lenders (CML) there was an increase in mortgage lending of 17% in June 2009 compared to May 2009.  That is an estimated increase to 12.3 billion compared to the £10.5 billion May figure.
 
However [...]

125% Mortgage Offered By Nationwide
Nationwide building society has introduced a new 125% mortgage deal for its existing customers. But is this deal all it looks or is there a sting in the tail when most lenders are typically looking for large deposits from their customers.
The 125% mortgage is for those existing customers, of which [...]

First time buyer mortgages are key to the market recovery
 
For any kind of sustained recovery in the housing market there has to be a drastic improvement in first time buyer mortgages.  First time buyers are new or returning to the market and stimulate buying and selling further up the chain.
 
There is an argument that banks [...]

100% Mortgages – now you see them, now you don’t.
 
In the lead up to the infamous credit crunch lenders were falling over themselves to offer borrowers 100% mortgages and in some cases 125%, and these deals were often offered to first time buyers..  Those borrowers may even have had a poor credit history.
 
100% mortgages are [...]

Latest figures show mortgage lending has dropped again
Figures released by the Council of Mortgage Lenders (CML) indicate that mortgage lending has fallen back again and is 2% down on the April 09 figures, and 58% down against the May 08 figures.
These figures reflect both house purchase and remortgage, so if the housing market picks up [...]

Fixed rate mortgage rates expected to rise
Just when news filters through that there may be small signs the housing market may settle and start the road to recovery homeowners are facing interest rates hikes of fixed rate mortgage deals for the first time in a year.
Homeowners are typically going for fixed rate deals at the [...]

Mortgage approvals have a spring in their step
According to the Council of Mortgage Lenders (CML) mortgage approvals have risen by 16% month-on-month in April, standing at 28% lower than April 2008.  The CML accounts for around 98% of the market and stated that 35,600 mortgages were granted during April.  The actual loan value of £4.5 [...]