13/6/2009 - Less mortgages for first time buyers
A report by moneysupermarket.com has shown that there are significantly less mortgages available for those only able to put down a 10% deposit on their future purchase, which often applies to first time buyers. Read
8/1/2009 - Record Low For Base Rates
To the horror of many savers, the Bank of England has once more cut the base rate. It now stands 0.5 percentage points below the previous all time low of 2%, being cut to just 1.5%. Read
5/12/2008 - Base Rate Chopped, More Expected
The Bank of England, as expected, has cut a whole percentage point off the base rate. But with expectations of further cuts to come, sterling is failing on the currency markets. Read
1/12/2008 - RBS Pledge on Arrears
RBS owner NatWest has announced that the RBS will be giving customers six months’ grace on arrears before starting repossession action. Read
1/12/2008 - Base Rate To 2%?
Economists are forecasting that the base rate will be cut by a whole 1% to just 2% on Thursday. Read
1/12/2008 - Mortgage Lending Crashes
Mortgage lending crashed by 70% in October, leaving lending at the second lowest ever record figure. Read
28/11/2008 - House Prices Fall 10%
The Land Registry has recorded a 10.1% annual drop in English and Welsh house prices, in the year ending in October. Read
21/11/2008 - Home Sales Rise
October has shown a slight increase in the number of house sales and mortgage completions over previous months. Read
21/11/2008 - 1.3m Homeowners Stuck
Around 1.3 million homeowners with interest only mortgages could be facing future financial problems. Read
12/11/2008 - Tracker Rates Rising
Experts have complained that Banks and Building Societies have put up rates on tracker mortgages, even though the Bank of England has dropped the base rate by a record amount. Read