Interest-only lending has a seemingly precarious future as more lenders follow Santander’s decision to restrict such borrowing to those with a 50pc deposit. Continue reading
In the news this month……….
Mortgage rates rise despite no change in Bank of England Base Rate. Continue reading
The Mortgage Market 2012
Before commenting on the mortgage conditions expected in 2012, it is prudent to provide an overview of those events seen in 2011.
It was the year of ‘uncertainty,’ with widely fluctuating opinions from leading economists on whether an interest rate increase was imminent, whether the economy was going to recover or contract further and the implications of macroeconomics on both the mortgage and the housing market. Continue reading
