February 21, 2008

High Street lenders scrap the 100% mortgage

Permalink: High Street lenders scrap the 100% mortgage
by Kay Murchie

A number of high-street lenders have scrapped their 100% plus mortgage range meaning first-time-buyers will now have to find a deposit when buying their first home. Previously, these types of mortgages have been criticised for letting people take on more ...


The UK's independent property help portal
\| Home \| News \| Guides \| Forums \|

Main: Home News Guides Forums Property News: Property Prices Mortgages Property Developments Rental Property Overseas Property HIPS Property Guides Property Forums: Buying Property Selling Property Estate Agents Solicitors/Legal Mortgages Builders/Developers Property Development Home Improvement Buying Property Abroad	February 21, 2008 High Street lenders scrap the 100% mortgage Permalink: High Street lenders scrap the 100% mortgage by Kay Murchie A number of high-street lenders have scrapped their 100% plus mortgage range meaning first-time-buyers will now have to find a deposit when buying their first home. Previously, these types of mortgages have been criticised for letting people take on more ... (more...) Mortgage lending up 11% in January Permalink: Mortgage lending up 11% in January by Kay Murchie According to figures from the Council of Mortgage Lenders (CML), mortgage lending in the UK economy rose by 11% last month in spite of fears of a slowing housing market. The figures showed that lending increased to £26.5 billion from £23.9 billion ... (more...) Falls in property prices is threat to economy Permalink: Falls in property prices is threat to economy by Kay Murchie Kate Barker, a member of the Bank of England’s monetary policy committee (MPC), has warned that a downturn in property prices and a fall in mortgage lending are the biggest threats to the UK economy. Ms Barker said that ... (more...) The houses worth seven figures Permalink: The houses worth seven figures by Kay Murchie Mouseprice.net, the property website, has established that over 2,000 streets in the UK have homes costing £1 million on average. The website based its figures on information from the Government's Land Registry. According to the registry, the number of homes in the £1 ... (more...) Sellers struggling to find buyers for their homes Permalink: Sellers struggling to find buyers for their homes by Kay Murchie Property website, Rightmove, has established that an increasing amount of homes are unsold due to sellers being unable to find a buyer as they refuse to move on price. The company said that, on average, estate agents have 64 ... (more...) February 20, 2008 Half of all Britons hold hopes of retiring abroad Permalink: Half of all Britons hold hopes of retiring abroad by Gill Montia Latest research from property website, HotProperty.co.uk, indicates that around half of the population of the UK would prefer to spend their latter years abroad. Forty-seven per cent of respondents to the survey said they would opt to spend ... (more...) February 19, 2008 Buy-to-let investors benefit from mortgage advice Permalink: Buy-to-let investors benefit from mortgage advice by Gill Montia An independent survey conducted for The Money Centre has found that the majority (53%) of buy-to-let investors do not consult an independent mortgage adviser when buying a property. However, the 47% that do go for financial advice are confident that their advisors ... (more...) IPF launches overseas mortgage website Permalink: IPF launches overseas mortgage website by Gill Montia International Private Finance (IPF) has launched a new website dedicated to overseas mortgage best buy tables. The company was itself only launched in January of this year, with the sole aim of becoming the leading broker for international mortgages in the UK and ... (more...) Capital values and gross returns increase for buy-to-let Permalink: Capital values and gross returns increase for buy-to-let by Gill Montia Birmingham Midshires, the buy-to-let lender, has recorded a 2.8% rise in the average total gross return (exclusive of fees and mortgage interest costs) for the buy-to-let investor. In 2007 the average increased to 16.3%, up from 13.5% in 2006; at ... (more...) February 18, 2008 Insurance reminder for Landlords Permalink: Insurance reminder for Landlords by Gill Montia Landlords are being reminded to value their properties accurately for insurance purposes. According to Steve Johnson, head of insurance at Sainsbury's Finance, there has been a "phenomenal" rise in the value of properties held by buy-to-let investors. Around 2.76 million properties are owned by landlords ... (more...) February 16, 2008 Homeowners stripping houses of fixtures and fittings Permalink: Homeowners stripping houses of fixtures and fittings by Kay Murchie A study by online conveyancers, Convex.net, has established that homeowners are increasingly stripping their houses of fixtures and fittings when they sell up, as fears of a moderation in prices grow. The research showed that sellers have drastically reduced what ... (more...) House-hunting in January hits record high Permalink: House-hunting in January hits record high by Kay Murchie In spite of reports of monthly consecutive property price falls, the number of people searching for a home hit a record high last month, according to research from property website HotProperty.co.uk. Recent reports have noted a fall in consumer confidence in ... (more...) February 15, 2008 Lloyds TSB report property price falls in Scotland Permalink: Lloyds TSB report property price falls in Scotland by Kay Murchie According to the latest Scottish House Price Monitor from Lloyds TSB Scotland, the boom in Scottish property prices has come to an end. The research showed that property prices in Scotland fell for the first time in 7 years with ... (more...) First-time buyers spend over one third of earnings on mortgage Permalink: First-time buyers spend over one third of earnings on mortgage by Kay Murchie Figures from the Council of Mortgage Lenders have established that mortgage repayments are swallowing up 35% of young people’s disposable monthly income. Financial advisers warned that large mortgages are 'a disaster waiting to happen'. The figures show ... (more...) Britons abroad miss out on offshore savings Permalink: Britons abroad miss out on offshore savings by Gill Montia Research from Alliance and Leicester International (A&LI) indicates that Britons moving overseas are hopeful of major changes in their living conditions. Around 20% of respondents to the bank's survey cited rising crime levels as a reason for emigrating, while 55% wanted ... (more...) Code of conduct for sale-and-rent-back Permalink: Code of conduct for sale-and-rent-back by Gill Montia A body representing the sale-and-rent-back sector is introducing a voluntary code of conduct to protect homeowners from disreputable traders. The sale-and-rent-back sector has boomed in the past year, as indebted homeowners have opted to sell their homes and remain in them as tenants. However, ... (more...) Joint mortgage option for first-time buyers Permalink: Joint mortgage option for first-time buyers by Kay Murchie A new website has been launched called SmartSharedHomes.co.uk which offers a solution for potential first-time buyers looking to purchase their first home but are restricted financially. With rising property prices and increases in stamp duty and interest rates, affordability has been an ... (more...) Channels 4 and 5 seeking property renovators Permalink: Channels 4 and 5 seeking property renovators by Kay Murchie Channels 4 and 5 are seeking participants in two new television programmes that focus on ambitious home renovations. Channel 4 is looking for people who have purchased an unusual building of unique historical or architectural significance in order to renovate ... (more...) Request for stamp duty threshold to be changed Permalink: Request for stamp duty threshold to be changed by Kay Murchie A request has been made for the Government to change the lower threshold at which stamp duty is charged to first-time buyers. Currently, the lower limit is £125,000, however, Grant Shapps, the Conservative shadow housing minister, is requesting the threshold ... (more...) Britain’s most desirable village is in Dorset Permalink: Britain’s most desirable village is in Dorset by Kay Murchie The picturesque Dorset village of Cerne Abbas won recognition of its assets and was named the most desirable village in Britain. Cerne Abbas, which is situated in the valley of the River Cerne, has many attractions, including the river, streets ... (more...) « Previous Page — Next Page »	Latest News: Need for more long-term tenancy agreements 11% drop in value of British Land’s portfolio 7% rise in October’s mortgage lending Oldham housing project abandoned by Gleeson Scottish landlords need EPCs from beginning of 2009 Buy-to-let landlords at more risk of negative equity Home Builders Federation calls for £2bn boost to homes fund Inexperienced landlords must be well-prepared, says the NLA Fall in asking prices reaches new low Law Society warns that online competitions to win a home could be unlawful Most Read News Today: Need for more long-term tenancy agreements Barratt Developments in crisis as share price plummets 7% rise in October’s mortgage lending NHBC Buildmark Insurance Certificate: What you need to know Nationwide expects further house price falls 11% drop in value of British Land’s portfolio Buy-to-let landlords at more risk of negative equity Inexperienced landlords must be well-prepared, says the NLA Oldham housing project abandoned by Gleeson Fall in asking prices reaches new low Most Read News To Date: Westfield London’s Shepherd’s Bush shopping centre 92% let NHBC Buildmark Insurance Certificate: What you need to know Possible housing crash in 2008 Property Prices in Ireland could fall up to 60% How to Extend Your Flat Lease Northern Ireland property prices drop Barratt Developments in crisis as share price plummets Innovative investment fund from Strutt & Parker Nationwide to offer 95% mortgage Lenders cut mortgage rates in wake of interest rate cut
Home Move UK © 2004-2009 Brite Media. All rights reserved \| About \| Disclaimer \| Privacy \| XML Feeds \| Contact us \| Press/Media

Main:

Property News:

Property Forums:

High Street lenders scrap the 100% mortgage

Mortgage lending up 11% in January

Falls in property prices is threat to economy

The houses worth seven figures

Sellers struggling to find buyers for their homes

Half of all Britons hold hopes of retiring abroad

Buy-to-let investors benefit from mortgage advice

IPF launches overseas mortgage website

Capital values and gross returns increase for buy-to-let

Insurance reminder for Landlords

Homeowners stripping houses of fixtures and fittings

House-hunting in January hits record high

Lloyds TSB report property price falls in Scotland

First-time buyers spend over one third of earnings on mortgage

Britons abroad miss out on offshore savings

Code of conduct for sale-and-rent-back

Joint mortgage option for first-time buyers

Channels 4 and 5 seeking property renovators

Request for stamp duty threshold to be changed

Britain’s most desirable village is in Dorset

Latest News:

Most Read News Today:

Most Read News To Date: