Mortgages News

Simon Lambert, This is Money4 March 2006 ONCE upon a time unless you lived in a stately country pile there was little opportunity for getting your house seen on the television. STAR QUALITY: Oak House has featured in major films, including the Oscar-winning Iris WANT TO KNOW MORE? REPORT: Endowment red peril DEALS: Find a better mortgage DEALS: Find a cheaper loan OTHER STORIES It's buy-to-let boomtime January mortgages' £29bn high New on the market Endowment r ...

With the average UK home creeping above the £200,000 mark, first-time buyers are in a difficult position. In 2005 the number of property newcomers shrank to a 25-year low, and, according to the Halifax, the average age of the first-time buyer is now 33. // London was the toughest area – first-timers stumped up £222,005 for a home. And in Gerrards Cross, Buckinghamshire, the average property price has reached 17.8 times the average first-time buyer’s income. Across the UK, the average first-time ...

Wall Street’s blue chip stocks and the broader market fell this week, but gains for the technology sector helped the Nasdaq Composite put in a solid performance. // By midday on Friday, the Nasdaq gained 1.1 per cent on the week to 2,311.83. The Dow Jones Industrial Average however, fell 0.4 per cent to 11,023.27, while the S&P 500 stood at 1,288.7, a 0.1 per cent fall on the week. Semicondu ...

Fri 3rd Mar 2006 A Nottingham Ten-Year Fixed-Rate mortgage has been launched today, with a rate of 4.79 per cent. Valuation on all properties worth less than £500,000 will be offered free and arrangement fees can be deducted from the loan upon completion, product website Mortgage Introducer reports. Overpayments of up to ten per cent each year are allowed and borrowers who take th ...

Fri 3rd Mar 2006 The introduction of a Chelsea Buy-to-Let Lifetime Tracker mortgage is one of a number of revisions that have been made to the building society's product range. Changes include a reduction of rates on the company's fixed-rate prime and non-conforming deals as well as the opening of a non-conforming self-certification mortgage. A five-year tracker flexible package has als ...

Simon Lambert, This is Money3 March 2006 CUTTING back on the daily latte from the coffee shop would help shave eight years of the average person's mortgage, according to a new study. COFFEE UP: Cutting back on the daily latte could help you slash your mortgage or boost your pension WANT TO KNOW MORE? REPORT: Is switching still worth it? DEAL FINDER: Cut broadband bills BLOG: Make money from big businesses OTHER STORIES Seller wins PayPal court battle Is switching  ...

Rosanna Spero, Money Mail3 March 2006 THE BUY-TO-LET market is booming again with new landlords snapping up cheap mortgage deals. STILL LOOKING: Sinead Donnelly has two buy-to-let properties in London and believes the capital still has potential OTHER STORIES January mortgages' £29bn high David vs Goliath internet homes row New on the market Endowment red peril Homes shortage boosts prices USEFUL LINKS GUIDES: Homes, loans and more BOARDS: Mortgage chat  ...

Liz Phillips, Daily Mail3 March 2006 STELLAR investment fund performances have given savers a taste for the stock market again. But is it too late to jump on the bandwagon? NO GAMBLES: Malcolm Hotson spreads his risk across four funds OTHER STORIES Market report: Thursday close Smaller companies report: Thursday close European interest rates rise New on the market IFA's favourite Isa funds THE EDITOR'S CHOICE NEW TOOL: Broadband finder NEW TOOL: Cut your wate ...

Thu 2nd Mar 2006 A Britannia two-year fixed-rate mortgage has been launched today, with the company claiming that it could save customers thousands of pounds purely through lower arrangement fees. Britannia's new scheme offers fixed arrangement and administration charges that total £499. The lender makes a comparison with Northern Rock, claiming that it charges variable arrangemen ...

Thu 2nd Mar 2006 Rate reductions of up to 0.15 per cent have been applied to the Nationwide Three-Year Tracker mortgage as well as some of its fixed-rate products. The three-year tracker will now offer a rate from 4.69 per cent, compared to Northern Rock's rate of 4.89 per cent and Halifax's offer of 5.09 per cent. Nationwide also claims that as well as having lower rates than its compe ...