The Council of Mortgage Lenders has released the latest information on mortgage lending. It confirms the picture seen in the UK over the past few months, indicating that the housing market as a whole is becoming more settled. £16.9 billion gross lending figure achieved in November This is actually the same figure we saw in November 2013. … Continue reading “Council of Mortgage Lenders Says Mortgage Lending is at Healthy Level”

Good news has been announced for first-time buyers, thanks to the governments Starter Home initiative. Prime Minister David Cameron is announcing the initiative has been fast-tracked so it begins at the start of the New Year. Previously it was slated to begin once the General Election had taken place. What does the scheme offer? The scheme is … Continue reading “Fast-Tracked First-Time Buyer Plan Set to Start in January”

With millions of people going back to the first full week of work after the Christmas and New Year break, concerns about mortgage payments now appear to be rearing their heads. The housing charity Shelter has revealed the results of their research into this area, in conjunction with YouGov. Some 59% of those polled back … Continue reading “UK Mortgage Holders Fear Missing Payments after Christmas”

Many people want to know what kind of home loan they can get for a certain figure per month. This figure is typically the maximum they can pay for a loan to help them buy a property. For example, someone may have worked out they can pay up to £1,000 per month as a repayment … Continue reading “What Mortgage Can I Get for £1,000 a Month? Crunching the Numbers”