News Archive - October 2007

First-time buyers (FTBs) can benefit from 100 per cent mortgages if their circumstances suit.Recent years have seen this type of mortgage and adverse ...
Published: 31/10/2007

The property industry has been shocked by the news that house prices rose by 1.1 per cent between September and October.Figures from Nationwide put th...
Published: 31/10/2007

House prices look set to rise by around five per cent in 2008, according to Assetz.The firm has put forward its prediction following the publication o...
Published: 30/10/2007

The vast majority (89 per cent) of mortgage brokers believe that the base rate of interest has peaked.That is according to research by GE Money Home L...
Published: 30/10/2007

Thousands of first time buyers (FTBs) are running the risk of getting into negative equity, according to mform.The firm claims that 33,000 people took...
Published: 30/10/2007

Property prices picked up in October following a dip in the previous month.That is according to the latest figures from Your Move, which show that pri...
Published: 29/10/2007

First time buyers (FTBs) are increasingly being hit by stamp duty, with 25 areas accounting for over a quarter of all the tax paid in 2006/07.Research...
Published: 29/10/2007

People seeking their first mortgage have suffered a blow with the news that house prices continued to rise in September.Figures from the Land Registry...
Published: 26/10/2007

Buy-to-let property investors are being warned that they may have to pay higher insurance premiums if they have student tenants.Insurance broker Rawli...
Published: 26/10/2007

The idea of a smooth rollout of the new housing information packs (Hips) is misleading and is nothing but spin, according to the National Association ...
Published: 25/10/2007

First-time buyers taking advantage of shared ownership deals could be paying more than they should for their properties, according to Guardian Money.T...
Published: 25/10/2007

Older property owners who bought their homes 50 years ago will have seen a 100-fold increase in their prices, according to Home & Capital.The equi...
Published: 25/10/2007

As the once-booming UK housing market slows down, things could be getting easier for those looking to get on the property ladder for the first time, a...
Published: 24/10/2007

Despite widespread predictions to the contrary, a member of the influential monetary policy committee has opined that the recent chaos in the credit i...
Published: 24/10/2007

A recent survey has shown that the impact of interest rates is a mystery to many homeowners.When asked what effect a 0.5 per cent interest rate rise w...
Published: 24/10/2007

A property expert has claimed that the number of first-time buyers turning to let-to-buy mortgages is proof of the difficulty now faced by youngsters ...
Published: 23/10/2007

Lenders are increasingly offering customers green mortgages but it seems that as yet there is no clear definition of what they include.Mortgage provid...
Published: 23/10/2007

Television property guru Kirstie Allsopp is to work with the Conservative Party on a review of the UK housing market.Ms Allsopp will lead the review w...
Published: 22/10/2007

Students are continuing to invest in properties in their university towns despite warnings of a cooling market.Figures from Abbey show that 88,000 UK ...
Published: 22/10/2007

Television property guru Kirstie Allsopp is to work with the Conservative Party on a review of the UK housing market.Ms Allsopp will lead the review w...
Published: 22/10/2007

Many Brits are opting to buy property rather than placing their money in a bank due to concerns over the safety of bank savings.A poll, conducted by t...
Published: 19/10/2007

The Council of Mortgage Lenders (CML) has called on the Financial Services Authority (FSA) to drop the ten per cent deficit assumption to social housi...
Published: 19/10/2007

The Association of Mortgage Intermediaries (AMI) has indicated that self-certified mortgages can make a "huge difference" to people who are ...
Published: 19/10/2007

Buy-to-let investors are benefiting from high annual total returns because potential buyers are not keen on entering the market.Paragon Mortgages says...
Published: 18/10/2007

UK landlords experience shorter void periods than their European counterparts.That is according to new research from Birmingham Midshires, which shows...
Published: 18/10/2007

The self-certification mortgage has been labelled as a "key innovation" which has managed to remain relevant as people's circumstances chang...
Published: 17/10/2007

It has been revealed that the amount of stamp duty being paid by first time buyers has increased by 24.76 per cent in the last 12 months.Figures from ...
Published: 17/10/2007

A worrying number of first time buyers (FTBs) are using credit cards to keep up with mortgage payments.Shelter, the homelessness and housing charity, ...
Published: 17/10/2007

Mortgage borrowers were given a boost this week with the news that annual inflation remained below the Bank of England's two per cent target in Septem...
Published: 16/10/2007

First time buyers (FTBs) received a blow when the chancellor of the exchequer failed to raise the stamp duty threshold.That is according to FirstRungN...
Published: 16/10/2007

First time buyers (FTBs) are finding it more difficult to get their first mortgage as a result of lenders tightening their criteria. Most analysts had...
Published: 15/10/2007

The UK mortgage market would benefit from increased confidence and is not looking as shaky as some people would make out. That is according to the Int...
Published: 15/10/2007

Property prices rose in October, decreasing affordability for first-time buyers even further. According to the Rightmove House Price Index, there was ...
Published: 15/10/2007

Buy-to-let property investors have been given a boost with news of changes to the capital gains tax.The government has announced that investors who ha...
Published: 12/10/2007

The number of first time buyers (FTBs) entering the market has declined considerably in the last seven months.New figures from Moneysupermarket show t...
Published: 12/10/2007

The National Landlords' Association (NLA) has jumped to the defence of the buy-to-let sector after it was cited as one reason for a decline in the num...
Published: 12/10/2007

Fewer people took out a first mortgage in September, according to the latest statistics.Figures from the Royal Institution of Chartered Surveyors (Ric...
Published: 11/10/2007

First time buyers (FTBs) may find it more difficult to take out a mortgage in the future.That is according to The Mortgage Lender, which says that tig...
Published: 11/10/2007

The benefits of parents taking out a buy-to-let mortgage to help their children through university have been highlighted by Moneyfacts.The firm says t...
Published: 11/10/2007

Many mortgage borrowers face being put on adverse credit mortgage deals once their current fixed-rates come to an end.Around 40,000 to 60,000 homeowne...
Published: 10/10/2007

The private rented sector is expected to account for 15 per cent of all UK housing by 2017.That is according to the Association of Residential Letting...
Published: 10/10/2007

Buy-to-let looks set to thrive as the Association of Residential Lettings Agents (Arla) points out that renting a property is cheaper than buying.The ...
Published: 09/10/2007

People looking to get their first mortgage could benefit from entering into a shared ownership agreement.That is according to the National Housing Fed...
Published: 09/10/2007

An increasing number of people in the UK own a second home and the majority of these use the property for buy-to-let purposes.That is according to a n...
Published: 09/10/2007

First-time buyers (FTBs) may find themselves unable to sell their homes if prices do not continue to rise.Website Fool says that one in 20 people with...
Published: 08/10/2007

Buy-to-let property investors are being encouraged to sign up to a tenancy deposit protection (TDP) scheme.The comments come from Paragon Mortgages si...
Published: 08/10/2007

There are calls for a "better understanding" of tenancy deposit scheme (TDS) regulations.The National Landlords' Association (NLA) says that...
Published: 05/10/2007

House prices continued to rise in the third quarter of the year, according to the latest figures from Nationwide.The firm's Quarterly Regional House P...
Published: 05/10/2007

Almost a quarter of all potential young buyers in the UK are priced out of their local area.A report published by Hometrack shows that people seeking ...
Published: 05/10/2007

The Bank of England has announced that the base rate of interest will be held at 5.75 per cent in October.The Bank's Monetary Policy Committee (MPC) m...
Published: 04/10/2007

People considering getting a first time buyers mortgage will be pleased to hear that house prices fell by 0.6 per cent in September.Figures from the H...
Published: 04/10/2007

A surprising number of buy-to-let investors end up renting a property almost accidentally.Landlord website Property Hawk claims that as many as a quar...
Published: 04/10/2007

Millions of people in the UK would consider moving abroad if it meant that they did not have to pay a mortgage anymore.A survey by currency specialist...
Published: 03/10/2007

People with buy-to-let mortgages will be glad to hear that tenant demand has increased vastly in recent years.Figures from the Department for Communit...
Published: 03/10/2007

The Bank of England is due to make a decision on the base rate of interest this week and Lloyds TSB believes that it will choose to maintain it at its...
Published: 03/10/2007

First-time buyers (FTBs) have been warned against taking their first mortgage out in a foreign country.FirstRungNow says there are large risks in buyi...
Published: 03/10/2007

Thousands of people on fixed-rate mortgage deals could find themselves paying higher rates when their current deals run out.It is because of the fallo...
Published: 03/10/2007

Buy-to-let investors have been told that unoccupied properties can be a real problem when it comes to insurance.Website landlordinsurance says that in...
Published: 03/10/2007

The average student landlord sees higher yields than an investor in the general market.According to research by Paragon mortgages, buy-to-let investor...
Published: 01/10/2007

First-time buyers (FTBs) are being forced to extend their commute to work in order to get onto the property ladder.New research by Abbey shows that pr...
Published: 01/10/2007

The Conservatives have announced radical new plans to increase the stamp duty threshold.In a speech at the party conference in Blackpool, shadow chanc...
Published: 01/10/2007