Mortgages

Playing the Monopoly house price game

Tuesday, 22 December 2015 | Article

Do not pass go. There’s no point – you probably won’t be able to afford it! In 1935, Parker Brothers produced the first British edition of Monopoly, the eponymous board game.

I haven't got enough money to pay off my mortgage. What can I do?

Monday, 21 December 2015 | Question and Answer

With time running out fast on the existing mortgage term, it’s essential that you take action now.

Northern Rock mortgage sell-off: what customers need to know

Friday, 13 November 2015 | News

The government has agreed to sell a £13 billion chunk of the debt it bought when it acquired Northern Rock mortgages during the financial crisis – accounting for around 125,000 mortgage and loan customers.

Mortgage lending dips in August but buy-to-let remains buoyant

Tuesday, 13 October 2015 | News

Mortgage lending dipped by almost 9.3% in August 2015 compared to a month earlier, according to the latest figures from the Council of Mortgage Lenders (CML).

It’s time to batten down the hatches and fix your mortgage rate

Tuesday, 06 October 2015 | Article

How time flies. It doesn’t seem eight years ago that queues outside branches of Northern Rock started forming amid concerns the bank was about to collapse, leaving savers high and dry.

Interest-only mortgages are disappearing - but is the worst yet to come?

Wednesday, 23 September 2015 | News

The number of outstanding interest-only mortgage loans has fallen by more than a quarter over the past two years, as lenders tighten their requirement for borrowers to have a repayment plan in place.

How to find the best mortgage advice

Monday, 14 September 2015 | Article

The number of people remortgaging their homes rose 30% in June in a scramble for cheap, fixed-rate loans not seen since the beginning of the financial crisis.

What can I do if I can't pay off my interest-only loan?

Monday, 07 September 2015 | Question and Answer

One of the concerns with interest-only mortgages is that borrowers will reach the end of the mortgage term only to find that they cannot repay the capital that they borrowed in the first place.

Slash your monthly spending by remortgaging

Wednesday, 29 July 2015 | Article

With mortgage rates falling to all-time lows, there has never been a better time to hunt around for a cheaper deal.

Can we get a mortgage to fund home improvements if my husband is 69?

Tuesday, 28 July 2015 | Question and Answer

The problem you are facing is a combination of age and affordability.