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Loan News

Toughest time in 30 years

Wednesday, October 15th, 2008

First time buyers are facing the toughest market conditions in 30 years, according to statistics from the Council of Mortgage Lenders. Not since records began in 1978 have such low numbers of first time buyers successfully got onto the housing ladder.
Whilst house purchasing has hit a record low in August - with figures at just […]

Equity Release on the wane

Thursday, October 9th, 2008

Figures released from the Bank of England show that Britain’s homeowners have reversed their habit of releasing equity from their homes.
Since last year, the numbers of successful homeowner loan applications has fallen dramatically. Much of this is due to the uncertain housing market conditions, as lenders exercise greater caution.
However, many homeowners have decided that now […]

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THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER DEBT SECURED ON IT
Typical 10.9% APR Variable