With the over 60s owning an estimated £841 Billion in property* - some are looking to take out over 60s mortgages to improve their lifestyle.
Many expats could be paying too much on their mortgages as they can often lose touch with their UK finances and end up on their lender's standard variable rate when they move overseas.
The news today repeatedly focuses on how difficult it is for young first-time buyers to get a mortgage, but there is a whole other generation that are being quietly locked out of the housing market too - those looking for pensioner mortgages.
Birmingham Midshires have withdrawn from the holiday let mortgage market by removing their House-2-House product from the market for new customers.
Motgages for over 60s could be harder to obtain due to lenders tightening their lending policy.
HSBC have announced that it will increase lending for home improvements and this will include the availability of mortgage for extensions.
The Law Commission has today reported that Judges in divorce cases should obtain a clearer idea of a couple’s financial aims and this includes any requirements for divorce mortgages.
Figures recently released by the Local Data Company reveal that landlords with commercial buildings insurance need to be more aware that properties may require vacant cover given that London has reported a drop in its retail vacancy rate.
Capital Fortune has today announced their inability to support the provision of a new 100% mortgage announced today.
Mortgage broker Capital Fortune and a whole host of industry pundits say that it's essential for new housing minister Mark Prisk to drive growth.