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Welcome to Mortgage News, a look at what is happening with mortgages in the UK. Are interest rates set to rise, what are property prices going to do in the short term and long term future? We will try to separate the rumours and hype from the truth.
Thursday, 09 June 2011 11:29
Landlords put rent up as tenant demand grows higher
Many landlords are charging more rent to combat the growing demand for rental property, according to figures from the Royal Institution of Chartered Surveyors (RICS). In a report published today, the organisation reports a net balance of 42 per cent of…
Thursday, 09 June 2011 11:15
Positive news as first-time buyer mortgage deals up nearly 32 per cent
New research from Moneyfacts.co.uk has shown that the number of mortgage products available to first-time-buyers has gone up by over 31 per cent in the last year. There are now 183 mortgage deals available for young buyers, compared with 139…
Wednesday, 08 June 2011 13:37
Platform cuts mortgage rate by 0.6 per cent
The Co-Op bank's intermediary mortgage lender has cut its main rates by up to 0.6 per cent as part of a plan to ensure more business comes their way. Mainstream two-year and four-year trackers are on offer by Platform at bank…
Wednesday, 08 June 2011 11:18
New build not always the solution for desperate first time buyers
Experts are warning first time buyers that new builds are not always the answer when trying to get on the property ladder. According to a recent report a substantial amount of of new build homes have been hit by price…
