The following are links to internet stories and articles regarding Mortgages in the UK The links should provide a valuable resource tool for anyone interested the Mortgage Market as a whole, or in mortgaging or remortgaging their main home or buy 2 let property. The comments are not the comments of TISCO Financial Planning and we do not necessarily agree with or condone them.
UK Six-Bank Mortgage Approvals Rise to Highest This Year
Bloomberg
18 (Bloomberg) -- UK mortgage approvals by the nation's six biggest banks increased for a seventh month in August to the highest level this year, ...
Seeking direction in UK bricks and mortar investments
Trustnet
Paragon said that the number of buy to let mortgage products dropped 94.4 per cent against August 2007, to just 196 products overall in the market at the ...
Lloyds seeks buyers for £2.8bn in securities
Times Online
Ultimately, it could help to boost the supply of mortgages and put downward pressure on mortgage rates. The secondary market for mortgage securitisations ...
HSBC 1.99% mortgage sparks loans frenzy
This is Money
HSBC reported last month that its gross mortgage lending in the first half of 2009 rose to £6.7bn, representing ten per cent of all UK mortgage lending. ...
Interest rates 'could rise sharply early next year'
Telegraph.co.uk
In a blog entitled “Could UK rates rise in early 2010?”, Simon Ward of Henderson New Star said the Bank of England's projections for inflation in two years' ...
UK House Prices Post First Gain in Two Years, Hometrack Says
Bloomberg
The difference between the average two-year mortgage rate of 5.18 percent and the two-year swap rate of 3.14 percent is the widest on record, Moneyfacts Plc ...
UK Mortgage Approvals Rose to 15-Month High in July
Bloomberg
1 (Bloomberg) -- UK mortgage approvals rose to the highest level in 15 months in a further sign that the housing- market slump is abating as the economy ...
Why it's an ideal time to set up a bank
Telegraph.co.uk
Bank of China has said it will dip its toes into the UK market by offering mortgages of up to £350000. But, despite the bountiful opportunity, ...
Foreign mortgage lenders look to recover debt in the UK
Home Move
Prior to the credit crisis, cheap foreign mortgages and low-cost airlines opened up overseas markets for UK investors and “reinvented holiday homes as a ...
UK Mortgage Approvals Rose in July to 17-Month High, BBA Says
Bloomberg
25 (Bloomberg) -- UK mortgage approvals rose in July to the highest level since February 2008, the British Bankers' Association said today. ...
UK inflation rate unchanged at 1.8 percent in July
Newsday
The Office for National Statistics also reported that the Retail Prices Index, which includes mortgage interest payments, rose unexpectedly to minus 1.4 ...
UK mortgage lenders accused of cashing in on homeowner crisis
FinancialAdvice.co.uk
UK mortgage lenders are today accused of cashing in on the distress being experienced by many homeowners up and down the country. ...
More effort needed to prevent UK home repossessions
Globbaly.co.uk - News for smart people
The Council of Mortgage Lenders (CML) has said that although figures for the first half of the year were below half of their predicted 65000 repossessions ...
UK Home Repossessions Fall in Q2
New York Times
The figures showed that there were 11400 cases of repossession -- equivalent to one mortgage in 1000 -- in the second quarter of 2009. ...
UK regulators urged to look at mortgage arrear charges
FinancialAdvice.co.uk
A top panel of lawmakers in UK has suggested that the Financial Services Authority (FSA) should take a long hard look at the UK mortgage market and in ...
UK Mortgage Approvals Rise By A Quarter
Sky News
The number of mortgages approved for house purchase jumped by 23% during June to 45000, the Council of Mortgage Lenders has said. ...
UK house prices: has the great recovery started?
Telegraph.co.uk
Current mortgage rates reflect low interest rates and modest margins. But UK banks are under pressure to strengthen their capital bases, shrink their loan ...
UK Housing Market Improved in July, Surveyors Group Says
Bloomberg
... increase in buyer demand, then it is possible that prices may slip back again, especially if unemployment continues to rise and mortgage rates increase. ...
UK Consumer Confidence Holds at Highest Since April 2008
Bloomberg
UK mortgage approvals climbed to a 14-month high of 47584 in June, the Bank of England said July 29. Sentance said policy makers will decide whether to ...
Abbey becomes UK's second-biggest mortgage lender
Finance Markets
The figures reveal that Abbey and A&L were responsible for 16.3% of the UK's gross mortgage lending during the six months to the end of June. ...
UK's mortgage market 'still weak'
Mortgage.org.uk
Despite recent figures from the Bank of England (BoE) indicating a rise in mortgage approvals last month, the market remains weak, it has been suggested. ...
Buy-to-let mortgages become cheaper in the UK
Residential Landlords Assoc.
One of the first signs positive signs in the field of buy-to-let mortgages appeared today, when some of the largest building societies and lending ...
Nationwide announces reduction in mortgage rates
FinancialAdvice.co.uk
While the headlines would appear to be excellent news for homebuyers in the UK, the announcement that Nationwide will as of tomorrow reduce mortgage rates ...
Tracker mortgages 'disappearing from the market'
Mortgage.org.uk - Reading,UK
According to moneysupermarket.com, the number of such products available on the UK market has fallen by 81 per cent compared with this time last year. ...
Mortgage interest costs set to rise as gilt yields soar
guardian.co.uk - UK
As a result, gilt yields, which move in the opposite direction to prices and determine long-term interest rates, have soared. Yields on 10-year government ...
How do the interest rates in the financial sector compare to base ...
FinancialAdvice.co.uk - London,UK
So who is benefiting from reduced base rates? In the mortgage sector, the situation with regards to two-year and three-year mortgage rates shows that there ...
Mortgage providers struggling to value UK houses
FinancialAdvice.co.uk - London,UK
... has revealed that a number of so-called house price chains have collapsed because mortgage providers are struggling to value property in the UK market. ...
UK house prices down 3.1 pct yy in July - Rightmove
Forbes
We have seen a modest recovery in mortgage approvals, and an improvement but not an oversupply of new sellers coming to market,' the website said. ...
Mortgage providers struggling to value UK houses
FinancialAdvice.co.uk - London,UK
... has revealed that a number of so-called house price chains have collapsed because mortgage providers are struggling to value property in the UK market. ...
Tesco set for further push into UK mortgage market
FinancialAdvice.co.uk - London,UK
Supermarket chain Tesco is poised for a further push into the UK mortgage market with news that the company is applying for a second credit rating for its ...
UK house prices down 3.1 pct yy in July - Rightmove
Forbes
We have seen a modest recovery in mortgage approvals, and an improvement but not an oversupply of new sellers coming to market,' the website said. ...
UK Mortgage Lending Activity May Continue To Strengthen: BoE Report
RTT News
"The major UK lenders reported a further rise in approvals for house purchase in June, suggesting that mortgage lending for house purchase may continue to ...
UK Mortgage Lending May Gain After Approvals Rose, BOE Says
Bloomberg - USA
By Jennifer Ryan July 20 (Bloomberg) -- UK mortgage approvals by the nation's six biggest banks increased in June in a sign real- estate lending may ...
House prices rise 0.9%
House prices rose by 0.9% in June, the third rise in the past four months, shows the latest survey from the Nationwide.
Gross lending by societies falls to £1.52bn
Gross mortgage lending by building societies fell to £1.52bn in May, down from £3.53bn at the same time last year.
The Fed must reassure markets on inflation
Financial Times - London,England,UK
The higher Treasury bond interest rates have pulled up mortgage rates, especially since April. That has weakened aggregate demand by depressing home-buying ...
Mortgage approvals hit 13-month high
guardian.co.uk - UK
There were mixed signals from the mortgage market today as the Bank of England said the number of mortgages approved in May had reached a 13-month high, ...
More lenders raise mortgage rates
guardian.co.uk - UK
The latest changes pushed up the average cost of a two-year fixed-rate mortgage from 4.74% at the beginning of last week to 4.92% yesterday. ...
Quarter of mortgage applications declined
Money Marketing
Lenders are currently turning down almost one in four mortgage applications, according to data from the Bank of England.
Two-year fixes jump 0.16%
Mortgage Strategy
The average two-year fixed rate mortgage has jumped 0.16% since the beginning of the week from 4.74% on Monday to 4.90% today, says Moneyfacts.co.uk.
End of the cheap fixed mortgage
Times Online - UK
Britain's banks stand to reap a £900m windfall from the recovery as mortgages look set to rise for the first time in a year. Brokers have warned that the ...
Green shoots strangled by inflationary weeds
UK gilt yields have continued to rise this week as more lenders prepare to increase their fixed rate mortgages. Yesterday, Nationwide was one of the first to up its rates on prime fixed rate deals. How long before the days of low-fixed deals are over? Gilt yields, which in turn affect the swap rates that define lending costs, have risen dramatically in the last few weeks, with five-year gilt yields up nearly 60bps in just a week.
Negative equity could be worse than mid-90s
The Bank of England has warned that more borrowers could be in negative equity than in the mid-90s, as it reveals negative equity estimates for Q1 2009 of between 7 % and 11%.....
Annual house price fall remains static
The average house price fell by 0.3% in April, compared to a 0.4% drop in March, with the annual rate of decline remaining at 16.2%, shows the latest figures from the Land Registry....
First-time buyers offered hope with new mortgage deal
Times Online - UK
The sixth biggest lender launched its Rate Matcher offer today, which allows existing borrowers to match or beat their current mortgage rates and fix it for ...
Nationwide expands mortgage range
The Press Association
Nationwide has announced it is expanding its mortgage range for customers with only a 5% deposit. The group is launching new two and three-year tracker and ...
