Housing & mortgage round up: Mortgage interest rates to fall? Location, location, location

Housing & mortgage round upA rare week of good news for the housing and mortgage market, when we look at the possibility of fixed rate mortgages becoming cheaper, a sharp rise in sales and evidence, if ever it was needed, that location is key to property prices. Mortgage interest rates set to fall? For the second time in a month we are reporting that mortgage interest rates could fall as lender's wholesale funding costs continue to drop....

Housing & mortgage round up: Mortgage lending falls, whilst lenders call for ban on Interest Only mortgage

Housing & mortgage round upMortgage approvals fell significantly last month whilst some lenders call for a ban on Interest Only mortgages. At the same time there are signs of life in the government’s NewBuy mortgage scheme. Mortgage lending falls 19% in April Latest figures show that £10 billion was lent to mortgage borrowers in April, higher than the same time last year but down 19% on March....

Housing & mortgage round up: NewBuy concerns as mortgage lending rises, but so do interest rates

Housing & mortgage round upIn another week packed full of housing news, we take a look at concerns over the NewBuy mortgage scheme and a rise in mortgage approvals. It also seems that interest rates are on the rise as the crisis in the Eurozone continues to affect the UK mortgage market. Concerns mount over NewBuy mortgage scheme Are you looking ...

Housing round up: House prices fall 1% in March and a blow for first time buyers

Housing & mortgage round upA somewhat depressing week for the housing market. According to the UK’s largest building society house prices fell by 1% in March at the same time mortgage approvals have also dropped and an Interest Only ‘time bomb’ looms. House prices fall 1% in March Are you looking for mortgage advice?...