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Mortgage Arrears Fall in 2009

Mortgage arrears dip in 2009 as base rate is at record low
 
There has been a fall in the number of homeowners falling into arrears.  The number of borrowers falling behind with their minimum repayments has dropped by 4% to 378,000 in the last quarter of 2009.  The statistics from the Financial Services Authority (FSA) also [...]

Mortgage Complaints – FOS Release Figures For Mortgage Complaints

Banking and mortgage complaints figures released
 
The Financial Ombudsman Service has released data on complaints received from individual financial businesses for the second half of 2009.  These are complaints made to the ombudsman between 1 July and 31 December 2009 which include mortgage complaints.
 
Within this six month period the ombudsman received 82,136 new complaints. This shows [...]

The fragility of the mortgage market

The fragility of the UK mortgage market is a concern to many homeowners as well as first time buyers.  The BBC’s Business Editor Robert Preston gives an interesting insight into the current state of play and how the mortgage market may play out in the next few years.
Here is his blog article in full: http://www.bbc.co.uk/blogs/thereporters/robertpeston/2010/02/the_acute_vulnerability_of_the.html
Your [...]

Mortgage paid with a credit card

Mortgage paid with a credit card
 
A survey carried out by the housing and homelessness charity has revealed the shocking fact that more than 1 million homeowners have used a credit card to pay for their mortgage or rent in the past 12 months.
 
The respondents of the survey were asked if they paid their rent or [...]

Mortgage Lending Meetings With Alistair Darling

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. [...]

Housing Market Taskforce Put in Place by JRF

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 [...]

Mortgage Problems for Subprime Mortgages

Mortgage problems – subprime mortgages time bomb and rogue “buy and rent back” companies.
As we head into the summer it is feared that thousands of homeowners with subprime mortgages are at risk of losing their homes. Subprime mortgages are aimed at those borrowers with a poor credit history and many of those with fixed [...]

Mortgage Tips

Mortgage Tips

The latest news, advice and tips on getting the right mortgage deal for you and your family.

The low down on lenders

About lenders

Discuss what makes a good lender, what the current deals are and what are the drawbacks.

Protecting the family

Protecting the family

Can mortgage protection and critical illness cover ensure the long term security of the family home.

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