The one thing no one wants to hear is house repossession in there neighborhood. Its bad for so many reasons. How good it is to read that house repossession is at its lowest for 4 years. The Council of Mortgage Lenders (CML) recently showed the dramatic drop. A recent CML report showed the number of repossessions by mortgage lenders ...

Chelsea Building Society fixed rate savings could spark another price war for mortgage offers. Chelsea Building Society is offering a five-year, fix-rate deal at an all-time low rate of 3.19 per cent. The offer, which massively undercuts competitors in the five-year market, is available to borrowers below 70 per cent loan-to-value (LTV) with the arrangement fee of £1,495. "The ...

Affordable mortgages aren't a thing of the past. According to the Telegraph today, Mortgages are at their most affordable for 14 years. The claim is based on the average mortgage payments for new borrowers, first-time buyers and home movers. The Telegraph speak of only 27% of disposable earnings needed for mortgages in the fourth quarter of ...

It's noteworthy that the end of the stamp duty holiday looms for first-time buyers with just 5 months to go, sellers with homes worth £250,000 or less should acknowledge call to action First-time buyers should be aware that the 25th October marks just five months to go until the stamp duty holiday ends. Under current arrangements, first-time ...

It seems that the low mortgage rates may change. After 3 years of low mortgage rates, analysts are reporting they may rise due to the so-called eurozone crisis, which has seen protests and unrest in recent months.  Yet the Bank of England is planning another reduction! Bank of England The changes may occur with Banks offering incredible ...

Is it a good idea to fix your mortgage for 10 years? The question is currently being asked, as home owners are now being offered this opportunity. I've not been aware until now that you could fix your mortgage payments for 10 years, but currently six lenders are offering such. Normally a 5 year fixed is ...

The big news after the Bank Holiday weekend is based on the recent report from the National Housing Federation regarding Home Ownership going down, while the cost of renting and Buying continues to spiral out of control. They predict the number of home owners will drop to just 64% as house prices soar, compared to 73% in ...

Does Santander deserve a second chance? Simon Read from the Independent believes so, as his article this week reasons the Spanish-owned company has good reasons why it's failed and will turn things around in the coming months. A response too late for many customers who have overwhelmingly rated the Spanish giant bottom in a customer service ...

After a period of falling mortgage approvals, mortgage applications are now on the rise. Over 80% of borrowers chose to apply for fixed rate mortgage. The Mortgage Advice Bureau revealed in a recent report that the number of mortgage applications was up by 11.6% in February2011 and 20% in March 2011 compared the previous year. Though its worth ...

Royal Bank of Santander - Santander look set to buy Royal Bank of Scotland It seems Santander the Spanish bank that bought Abbey National are about to purchase 318 branches from Royal Bank of Scotland. Thus our cheeky headline "Royal Bank of Santander" Santander put a £2bn offer in April and is set to acquire 318 ...