Housing & mortgage round up: House prices fall, whilst Nationwide pull out of Interest Only mortgages

Housing & mortgage round up: House prices fall, whilst Nationwide pull out of Interest Only mortgagesA busy week for housing and mortgage news. Two house price surveys have shown prices fell during September, with the average price falling though the psychological £160,000 barrier. In other news, the Bank of England kept interest rates on hold, whilst Santander have increased their Standard Variable Rate for existing customers. House prices fell in September...

Housing & mortgage round up: Good news for rural homeowners, whilst asking prices and mortgage lending falls

Housing & mortgage round upThere’s good news this week for rural property owners, whilst more signs emerge of a stagnant housing market as asking prices and mortgage lending falls. Rents are on the rise again, causing more hardship for first time buyers, trying hard to save a deposit. Good news for rural homeowners Are you looking for mortgage advice?...

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%....