Archive for January, 2008

Interest rate fall predicted

Monday, January 28th, 2008 Posted in News | Comments Off

Mortgage borrowers could benefit from significantly lower interest rates by the end of the year, a leading economist has claimed.Roger Bootle, an adviser to Deloitte, told BBC Radio 4's Money ... Read more..

Overpaying can ‘help with future borrowing’

Friday, January 25th, 2008 Posted in News | Comments Off

Making overpayments against a mortgage is a good way for homeowners to improve their access to credit, according to a personal finance expert.A number of lenders have adopted more risk-averse ... Read more..

Switching loans ‘could save cash’

Friday, January 25th, 2008 Posted in News | Comments Off

Many borrowers could find they can save money by switching their loan mid-term, a personal finance expert has suggested.The claim came from Mike Naylor of uSwitch.com after research by the ... Read more..

Remortgage fees ‘much higher’

Thursday, January 24th, 2008 Posted in News | Comments Off

Borrowers planning to remortgage need to be aware that fees have risen significantly in recent times, according to a mortgage market expert.Around 1.4 million homeowners are scheduled to reach the ... Read more..

Base rate cut ‘almost certain’

Thursday, January 24th, 2008 Posted in News | Comments Off

The Bank of England's monetary policy committee (MPC) is almost certain to vote for a cut in the base rate next month, a personal finance expert has predicted.Borrowers with tracker ... Read more..

Credit ratings ‘can improve’

Wednesday, January 23rd, 2008 Posted in News | Comments Off

Many borrowers searching for a poor credit mortgage could find they are actually eligible for a prime mortgage product, according to a personal finance expert.The claim came from Katie Tucker ... Read more..

Student data ‘could affect mortgages’

Wednesday, January 23rd, 2008 Posted in News | Comments Off

Recent graduates may soon face another obstacle to buying their first home, a mortgage expert claimed today.The Student Loans Company is planning to release information about missed or defaulted payments ... Read more..

Kitchens the ‘key for home improvers’

Wednesday, January 23rd, 2008 Posted in News | Comments Off

People hoping to add value to their property by undertaking a home improvement project should focus on the kitchen, a building industry body has advised.Brian Berry, director of external affairs ... Read more..

Millions ‘missing out’ on mortgage savings

Tuesday, January 22nd, 2008 Posted in News | Comments Off

Millions of Britons could benefit financially from moving their mortgage, according to a new report.Research conducted by Abbey found that five million people knew they did not have the most ... Read more..

Lending volumes fall sharply

Tuesday, January 22nd, 2008 Posted in News | Comments Off

Gross lending fell to its lowest level since May 2005 last month, an industry body has revealed.Statistics compiled by the Council of Mortgage Lenders (CML) show gross lending dropped by ... Read more..