In parliament yesterday Alistair Darling announced some changes that were aimed at stimulating lending back to the levels we saw in 2007. Despite the £37 billion Government bailout, that occurred during October, lending remains at a third of the levels seen in the previous year. The interest rate cuts announced on the 5th December 2008 [...]

Abbey one of the UK’s biggest mortgage lenders has raised the cost of borrowing just before the expected rate cut by the Bank of England on Thursday the 6th November. Abbey have increased the rate on tracker mortgages negating any benefit customers would have received from a 0.5% rate cut.
The prediction in rate cut is [...]

Why are people complaining so much about a fall in house prices. Many of us have been hoping for a fall in the price of property for a while - 28% according to a recent BBC poll. While only 22% hope they continue to rise and those are probably people who have recently bought property [...]

Our mortgage calculator and loan calculator enables you to compare up to 3 deals simultaneously. Allowing you to easily compare the best mortgage rates and the best loan deals. Results are represented graphically to make it easy to see which is the best deal. In tough times like these it is essential that we find [...]

Buyers are facing yet more obstacles now with mortgage providers upping the stakes with tighter lending criteria. Here’s the latest, with lender’s ability to provide funds becoming increasingly debilitated higher deposits are being required from first time buyers.
As a result of the current climate the Co-operative bank is the latest lender to restrict borrowing to [...]

My top advice is to shop around look for the best deals don’t necessarily go through the mortgage broker in an estate agent.
If you go through a mortgage broker remember to ask where they take their fee from. Remember you should not have to pay any up front fee directly to a mortgage broker.
You [...]