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Tag: Lending Criteria
95% Mortgages
Oct 20,202021 Oct 2020
95% Mortgages According to the Office for National Statistics (ONS), the number of 25 to 34 year olds who own...
Mortgage Market Review – April Approaches
Mar 16,201428 Oct 2018
Mortgage Market Review – Getting a mortgage to become more difficult as new rules take effect Tougher mortgage criteria from...
New affordability checks won’t reduce mortgage applications, say lenders
Sep 03,201331 May 2022
New affordability checks won’t reduce mortgage applications! Intermediary mortgage lenders are confident that new affordability checks resulting from the Mortgage...
Gross mortgage lending 29% higher than last year
Aug 21,201331 May 2022
The Council of Mortgage Lenders estimates that total gross mortgage lending in July increased to £16.6 billion, representing a rise...
First-time buyers offered 50pc more mortgages
Jul 02,201316 Aug 2016
Building societies have seen a significant jump in the number of mortgages offered to first-time-buyers this year, with the number of loans...
Why mortgage and savings rates are falling when they should be rising
Jun 26,201331 May 2022
Signs of improvement in the economy means “swap” rates, which measure the cost of raising money on the capital markets,...
Fraudulent mortgage applications on the rise again
May 15,201331 May 2022
Finding a competitive mortgage deal can be a real challenge for many, but an increasing number of Britons are choosing...
TMW stops lending to landlords with Housing Benefit tenants
Mar 05,201331 May 2022
The Mortgage Works (TMW), Nationwide’s buy-to-let lending subsidiary, has just announced that it is to stop lending to landlords who...
ING Direct to cease mortgage trading
Jan 27,201316 Aug 2016
ING Direct is to stop accepting new mortgage applications from Thursday 28 February as part of its takeover by Barclays....
