During the last two years, since the beginning of the credit crunch, the UK mortgage, remortgage and homeowner loan markets have very much slowed down. This was to a large exent due to the fact that mortgage lenders tightened up their lending criteria , as of course the credit crunch was to a large [...]

The latest informatiion released by The Council Of Mortgage Lenders is that the Scottish mortgage market is now stabilising in the same way as it has in the rest of the UK.In the first three months of 2009, there were 7,600 new mortgages granted in Scotland, and in the next six months the number [...]

With reports now becoming more and more insistent that the UK economy is on the way up again, a revival in the fortunes of the home loan products namely the consolidation loan, and the remortgage used for consolidation, look like recapturing some of their former popularity. The consolidation of a homeowner’s finances was always extremely [...]

In this current credit crunch people are struggling to keep their head above water financially.The doom and gloom has cast a dark shadow over thousands and thousands of households across the UK. Many people have been glad of their credit cards as they have enabled them to pay their food, put clothing on their [...]

The total sum of remortgages and mortgages fell in the past twelve months by almost 20%.Home loans were reduced by £50 billion as the credit crunch bit and the prices of property fell dramatically.House prices have stabilized slightly, having risen in the three consecutive months to June, although they have fallen again in August by [...]

Never in my twenty five years in the secured loan , mortgage and remortgage market have I found it so difficult to keep up with the mortgage news which seems to alter on a daily basis. Mortgage and remortgage rates were supposed to be at their lowest rates ever, but yet almost daily several building [...]

Shared ownership mortgages are becoming increasingly popular. There are two main reasons for this.One of these reasons is that the public has become more aware of this scheme due to the Government’s advertisements for the Homebuy scheme. Another has been because in the present economic climate many house building companies were left with housing [...]

After this long period of recession, and although the financial conditions in the UK are a long way from being back to normal, there is a little glimmer of hope for the remortgage, loan and mortgage sector.The Council of Mortgage Lenders has announced that the number of mortgages granted in June was an increase of [...]

The financial sector has been struggling terribly over the last two years with mortgage, remortgage and loan lending ,although showing signs of a little growth, being much lower than at the same time last year. We must remmeber that last year had already seen the demise of mortgage and loan lenders which very much points [...]

The Council of Mortgage Lenders has just announced that the remortgage and mortgage markets are both showing signs of improvement. More remortgages and mortgages sales increased in June, but of course it was an improvement from an unbelievably low levels.There were 45,000 mortgages approved in June which was a 23% increase from May, and these [...]