Over the course of the last few days we have been warned of the calamity to come because of the number of first time buyers into the UK housing market is fast drying up.
House Prices
Want to buy a houseboat?
For some the thought of a life on the quiet UK waterways or even on the open sea is an idyllic and romantic aim.
1.1 million home-owners can’t sell
Research by the Santander shows that on top of the 725,000 home-owners that found a buyer since June 2009, another 1.1 million were not so lucky.
House price index review
It seems that the UK Statistics Authority, which collects data and disseminates figures on just about everything you care to think of, wants to review the state of the many UK house price indices.
A generation of renters
Despite the prospect of falling house prices and an eventual loosening of the banks’ lending criteria, millions of people will never own their own home says
Freeing up the housing market
As everyone would agree today the housing market is at a standstill. First time buyers cannot get on the ladder, people cannot upsize and in many cases cannot even sell a large place to downsize.
Brokers don’t always offer the best mortgage deals
Looking at the four most popular mortgage types, the two and five years fixed rates and the two year and lifetime tracker deals, a recent study shows
Your mortgage questions answered
People have many varied questions regarding mortgages. It seems that there is no ‘one-size-fits-all’ solution. There is not even a one bank fits all circumstances solution.
Ronan Marrion, a mortgage consultant
The UK property market is not a dead parrot
Up until the ‘credit crunch’ there had been two schools of thought regarding the way that house prices would go in the UK.
The more traditional was that house prices would continue to increase into the future with 50 year mortgage terms and mortgage loan amounts based on 20 plus times annual income becoming the norm.
Mortgage Of The Day – Lloyds TSB Spearhead
The following information is designed to give you a flavour of the better mortgage deals available at the moment.
The Lender:
FSA to ban self-cert and interest only mortgages
The Financial Services Authority (FSA) has today signalled fundamental changes to the mortgage market despite it being a dead authority walking.
The background is that a detailed study by the FSA has found that:
Thank goodness for UK planning regulations
Many people complain that UK planning rules in respect of housing are too tight. That they should be able to build what they like on their own land despite what others may think.
But at least we have some.