‘Mortgages’ News
Mortgage Savings May Not Be Affected Due To Base Rate Cuts
Posted 2008-01-6
A price comparison website points out that additional cuts to the base rate this year does not mean that homeowners will have a lower mortgage payment. Following the monetary policy committee (MPC), decision to keep the base rate on...
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The Self-Cert Sector Has Not Been Drastically Affected By The Credit Crunch
Posted 2008-01-3
A broker claims that the self-cert mortgage availability has not been drastically affected by the credit crunch. Spokesperson for Alexander Hall, Andy Pratt stated that essentially the self-cert mortgage market was the same, in spite of reports of tightening in...
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Something That Mortgage Borrowers Should Watch Out For – Rate Hold
Posted 2008-01-2
A broker claim’s that The Bank of England’s decision to hold the base rate this month could be bad news for Britain’s mortgage borrowers as this would mean an increase in the outgoings. Had a 0.25 percent cut been...
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Nearly a Million Families Finding it Difficult to Pay Mortgages
Posted 2007-12-18
A survey conducted by the Bank of England reveals that nearly a million families are finding it difficult to pay their mortgages and yet another 1.8 million have stated that on more than one occasion have they faced such problems....
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