Mortgages

Redress may be due for 750,000 mortgage borrowers in arrears

Wednesday, 19 October 2016 | News

Some 750,000 people who have fallen behind on their mortgage repayments could be due redress, after the Financial Conduct Authority (FCA) found they may have had their outstanding debts unfairly processed by mortgage lenders...

UK house prices eight times average wage

Wednesday, 12 October 2016 | News

The average price of a property in the UK is eight times the average wage, according to analysis of Office for National Statistics and Land Registry data.

Buy to let investors’ legal challenge against tax hike blocked

Thursday, 06 October 2016 | News

A legal challenge from private landlords to block incoming changes on mortgage tax relief has been rejected by London’s High Court.

Help to Buy mortgage guarantee scheme scrapped

Friday, 30 September 2016 | News

The government has decided not to extend its Help to Buy mortgage guarantee scheme beyond the end of 2016, as previously planned.

Deal of the Week: Get a mortgage in principle via Zoopla

Friday, 30 September 2016 | News

If you’re looking to take your first step onto the property ladder, you’ll need a mortgage agreement in principle before sellers will take your offer seriously.

Mortgage approvals slump to seven month low

Tuesday, 27 September 2016 | News

The UK’s property market showed signs of slowing in August, with mortgage approvals slumping to a seven month low, according to the latest figures from the BBA.

How can we cut costs if we switch to a repayment mortgage?

Monday, 12 September 2016 | Question and Answer

We have an interest-only mortgage with a rate of 8%. Our repayments are £451 a month.

Our bank won't give us a mortgage. Will anyone help?

Wednesday, 07 September 2016 | Question and Answer

My husband and I are ‘mortgage misfits’. We are over 50, self-employed and buy-to-let (BTL) landlords. Our bank has rejected our mortgage application.

Should I pay off my mortgage out of my savings?

Monday, 05 September 2016 | Question and Answer

I am self-employed and own my home. I have enough money saved to pay off my mortgage. Should I clear it?

10 tips to grab a mortgage deal

Tuesday, 30 August 2016 | Article

Tweaking the way you save and spend – and reviewing your borrowing strategy – could make a lender view your application more favourably. Find out how to improve your chances of securing a home loan.