First-time buyer mortgage rates are at their lowest level in five years helping prospective owners get on to the property ladder, analysis has shown. Buyers with a deposit of 10 per cent are now asked to pay only one per…
A lot of people have ‘Life Insurance’ to protect their mortgage or their family, but not a lot of people know whether they have Terminal Illness Insurance or Critical Illness Insurance or both as part of that cover. Sadly, a…
George Osborne has encouraged lenders to waive affordability assessments for mortgage prisoners where borrowers are looking to switch products without taking on more debt. While welcoming the overall findings of the Financial Conduct Authority’s (FCA) Responsible Lending Review, the Chancellor said…
Mortgage borrowers could be trapped on expensive deals after new EU rules cut off a lending lifeline. Since 2013, lenders have been forced to run detailed affordability checks on mortgage applicants. However, the City watchdog made an exception for homeowners…
The number of Britons who are self-employed is at its highest level in 40 years, according to the Office for National Statistics. But while working for yourself brings more freedom, it also comes with a major headache if you want…
Nationwide Building Society is increasing its maximum age for mortgage maturity from 75 to 85, giving it one of the highest deal term-ends on the high street and making it the latest lender to adjust its lending criteria. Existing customers…
First time buyers will once again be able to buy a home without saving any deposit at all, thanks to a new home loan offered by Barclays. The 'family springboard' mortgage is thought to be the first 100 per cent…
The Bank of Mum and Dad is now equivalent to one of the UK’s top 10 mortgage lenders and is set lend over £5bn in 2016, according to Legal & General. In research with the Centre for Economics and Business…
