Posts Tagged ‘mortgage rates’

City level house price inflation on track for 10% growth in 2015

Friday, November 20th, 2015

City level house price inflation currently running at 9.4% – with an average price of £229,300

(more…)

Tax relief cuts will see landlords passing the buck

Tuesday, September 15th, 2015

• 2.4 Million tenants could be negatively impacted from the tax-relief changes.
• 55% of UK landlords are not aware of the tax-relief changes.
• 44% of UK landlords will increase the rent to offset the losses incurred from the new legislation. (more…)

More than two-thirds of remortgagors who release equity use it to fund home improvements in June

Wednesday, July 29th, 2015

– Record low remortgage rates drive borrowers to withdraw highest ever amounts of equity, averaging £34,500 per remortgage borrower – 23% more than their original mortgage

– Two-thirds remortgage to take advantage of the competitive rates currently on offer (more…)

Can the government really keep interest rates low?

Tuesday, March 17th, 2015

David Cameron’s pre-election pledge to keep mortgage rates low will strike a chord with mortgage-holding voters, but is it a promise he can keep? (more…)

One in four homeowners increase size of their mortgage to ease cost of living pressures

Wednesday, January 28th, 2015

• Almost two-thirds remortgage to take advantage of competitive rates on offer

• One in ten use capital to consolidate debts and one in five fund home improvements (more…)

How do Mortgage Rates Compare in Popular Expat Destinations?

Thursday, November 27th, 2014

The latest Quarterly Index compiled by the OverseasGuidesCompany.com has revealed that enquiries from those wanting to buy property overseas have increased by 17 per cent since 2013. (more…)

Profitable Investment Opportunities in a Fragile Housing Market

Friday, May 9th, 2014

The housing market continues to hold. But there are some warning signs. Famed investor Warren Buffett suggested the housing market was overvalued and due for an adjustment. (more…)

March sees fewest remortgage loans since 2005, as lenders begin hiking rates and tighten up for MMR

Friday, April 25th, 2014

• Number of remortgage loans drops by a fifth (19%) in March to 19,287 – the lowest number recorded since 2005, as lenders tighten up ahead of the Mortgage Market Review (MMR)

• The value of remortgage lending fell 14% in March and 3% from last year to £3.02 billion – the lowest total since December 2012 (more…)

Is the Housing Market Recovery a Fake?

Wednesday, January 29th, 2014

The U.S. housing market is facing issues that must be addressed. The reality of the matter is that home buyers are still missing from the market—these are the people looking to buy a home and stay in it for a long time. (more…)

Nationwide Reduces Save to Buy Mortgage Rates at 95% LTV

Thursday, January 23rd, 2014

• Nationwide is launching two new 2 year fixed rates at 95 per cent LTV, with rates starting from 4.99 per cent for new customers and 4.89 per cent for its existing mortgage customers (more…)

75% of housing markets register price gains in 2013

Monday, December 30th, 2013

Prospects for London and mortgage rates key to market outlook in 2014

Resurgent demand and dwindling supply have been the defining themes of the housing market in 2013 (more…)

Best Days for Gains in Housing Stocks Behind Us?

Monday, December 16th, 2013

Mortgage rates are on the rise. In November, the 30-year fixed rate mortgage stood at 4.26% compared to 3.35% a year earlier in November 2012. The average rate for the 30-year fixed rate mortgage in 2007 (more…)