Better buy to let returns in less trendy areas

Buy to let has been a booming investment opportunity for savvy entrepreneurs for many years, and whilst there were problems in the buy to let market during the recession and the financial crisis, as there were in other sectors.

Negative equity affects many homeowners

Earlier this month industry officials claimed that the end of the house price falls could be in sight, with some predicting that house prices could fall be less then 10 percent more before starting to rise again. However, house prices have already fallen significantly over the past year and a half, and this has left [...]

Further house prices and possible bankruptcy in store for UK

A leading forecaster in the UK has said that the UK could be in for not only further house prices falls of a significant level but could also be in store for bankruptcy, which was not ruled out of the question. The date came from a report that was recently leaked from Numis Securities. It [...]

Drop in the cost of renting a home

Industry officials have recently released a report showing that due to the influx of private rental properties coming onto the UK market, the cost of renting a home has actually been falling in the UK. The influx of properties onto the market comes about as an increasing number of people have either failed to sell [...]

Buyers may have to put down minimum 15 percent deposit

According to a recent report property purchasers of the future may find that they have to put down a deposit of at least 15 percent of the property value as part of a shake up of the mortgage lending industry, which has been in dire straits since the onset of the global credit crunch. This [...]

Homebuyers being affected by phantom mortgages

A recent report has shown how many would be borrowers looking for mortgage loans are being adversely affected because of phantom mortgages that are being offered by lenders only to then be pulled from the shelves before the borrower can actually get the mortgage deal. Some officials have claimed that a number of lenders have [...]

Better news for consumers with regards to mortgages

Some consumers have recently had good news with regarding to mortgage affordability, after a number of lenders decided to reduce interest rates in line with the base interest rate, which has now dropped to its lowest level in the history of the Bank of England, at just 1 percent. For some consumers this has resulted [...]

Mixed feelings over record low base rate

Following the February Monetary Policy Committee meeting the base interest rate in the UK was cut by 0.5 percent to a new historic low of just 1 percent. This is the lowest that the base rate has been since the Bank of England was founded over three hundred years ago. However, hopes that this will [...]

Increase in popularity of affordable fixed rate mortgage deals

Whilst many people may have been considering a variable rate mortgage given the way that the base interest rate has plunged recently, a recent report has suggested that low rate fixed rate mortgage deals are coming back to the market, and are proving popular amongst those that wish to fix their mortgage at a low [...]

Increase in people making overpayments

A number of banks have reported that there has been an increase in the number of homeowners that are overpaying on their mortgage loan each month, as many have decided to take advantage of the huge drop in the base interest rate and use the additional money to overpay on their mortgage.
Borrowers will find that [...]

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