Mortgage lending down 29% in...

March 11, 2011

January saw mortgage lending figures for new house purchases down 29 per cent from the previousmonth, according to new figures from the Council of Mortgage Lenders (CML). The first month of 2011 saw o...

Does 26% mortgage slump tell...

March 11, 2011

Banks and building societies have released figures showing mortgage lending in Januaryslumped by 26% compared with the month before. Lenders blame the lending low on a package of factors like cold wea...

Boost for first time buyers...

March 10, 2011

It has been a tough time for homebuyers over recent years. Since the credit crunch, lenders havetightened their criteria for mortgages meaning that borrowers have needed larger deposits and asqueaky c...

Tracker mortgage rates hit 2...

March 07, 2011

Two-year tracker mortgage rates have fallen to an average of 3.4% – their lowest level in 23 years. A host of lenders have slashed their tracker rates in recent weeks – including big playe...