Good news for individuals seeking remortgages and the mortgage broker, with the number of remortgage loans increasing 17% within May 2011.
Mortgage transactions increased by 20% in June compared to May 2011, as house prices fell back to their lowest within the UK since January 2010.
A backward step was seen within the housing and mortgages market throughout June, with a decrease in new house sales and decrease in houses put up for sale.
After years of regulation in the residential property market within the UK and EU, trade bodies are now said to be discussing how to pursue regulation
Recent evidence by the National Association of Estate Agents (NAEA) has claimed that property purchasers within the UK are still failing to overcome a number of
Good news for individuals and for mortgage brokers specialising in first time buyer mortgages as the Housing Minister and member of the coalition Grant Shapps
More worrying signs for the mortgage broker, as signs are showing within the market that there could be a quieter period in house completion figures over the next few months.
George Osborne – the UK Chancellor of the Exchequer – has won the support of the International Monetary Fund (IMF), as well as key British economy
After yet another rise in inflation, it appears that the people have finally lost confidence in Mervyn King, the Bank of England and the Monetary Policy Committee.
Once again, levels in the Consumer Price Index (CPI) within the UK have remained at 4.5%, no change from last month.