Housing & Mortgage round up: Mortgage fees on the rise, whilst borrowers are left exposed

Housing & mortgage round up_istockphotoNo house price surveys to report this week, instead we focus on news that mortgage arrangement fees are on the rise, whilst a lack of savings is leaving millions of mortgage borrowers hugely exposed if they lose their job. We also bring you research which goes someway to dispel the myth that first time buyers rely on the bank of mum and dad for their mortgage deposit. Mortgage fees on the rise Despite interest ...

Housing & mortgage round up: Cheaper fixed rate mortgages? Stable house prices

Housing & mortgage round upThis week we bring you news of the Bank of England’s latest interest rate decision and also look at whether fixed rate mortgages are about to get cheaper. On the house price front we have the latest Halifax house price survey. Bank of England keep interest rates on hold In a move that will be welcomed by mortgage borrowers the Bank of England decided to keep interest rates on hold at 0.5%....