Homeowners across the West Midlands have seen thousands of pounds wiped from the values of their properties over the last year.
Read MoreMidlands area where house prices plummeted by £40,000 in a year – check your postcode
Category: Mortgage
House prices close to record high, says Halifax
The average UK house price came close to reaching a record high last month as falling mortgage rates helped to boost confidence among buyers, according to Halifax.
Read MoreAlmost half of the self-employed struggle to get mortgages – here’s how to get accepted
Close to half of self-employed people who have applied for a mortgage in the past have had their application rejected, according to research.
Read MoreHuge shift in interest rate predictions as Bank of England chief says cuts could be more ‘aggressive’
“A bit more aggressive”. Four words from Andrew Bailey have tipped financial markets to now price in an interest rate cut at the Bank’s next meeting on 7 November, sending the pound tumbling as a consequence.
Read MoreMortgage AND rent paid by almost half of first time buyers
Some 45% of first time buyers have to pay both rent and mortgage payments at the same time because they cannot align the end of their rental contract with the purchase of their new home.
Read MoreHouse prices rise at fastest pace for more than two years
House prices rose at the fastest pace in more than two years, according to the latest figures from Nationwide.
The average home has increased in value by 3.2 per cent over the past 12 months after a 0.7 per cent rise in the month of September.
Read MoreThreat of unemployment —will I be rejected for a new mortgage?
Paying the mortgage is one of the primary concerns for homeowners when the threat of job loss looms. But how could potential unemployment impact a remortgage? David Jackson explains…
Read MoreMortgage approvals for house purchase jump to two-year high in August
The number of mortgage approvals made to home buyers jumped to a two-year high in August, according to Bank of England figures.
Read MoreDo mortgage brokers think it is a good time to lock in a fixed-rate deal?
Fixed-rate mortgage deals have gotten cheaper in recent weeks – but will this trend continue following the Bank of England’s decision to hold the base rate at 5%? We’ve spoken to five mortgage brokers to see what they think is next for mortgage rates.
Read MoreMortgages at six times’ income for first-time buyers
Mortgage lenders’ attempts to lure in first-time buyers have stepped up with the UK’s biggest building society allowing some to borrow more.
The Nationwide said that from Tuesday, new borrowers could request a mortgage up to six times their income with a 5% deposit.
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