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Mortgages

Mortgages

Mortgage Support Scheme will not apply to BTL

The Homeowner Mortgage Support Scheme will only apply to owner-occupiers and not to buy-to-let landlords, the Government confirmed as it revealed further details of the initiative.

clock 11 December 2008 •

Mortgages

AMI urges removal of MPPI from inquiry

Mortgage PPI must be excluded from the Competition Comission's investigation into payment protection insurance, the AMI argues.

clock 10 December 2008 •

Mortgages

Abbey criticised for rate switch fee

Abbey has attracted fierce criticism from brokers following its decision to implement a £199 fee for customers who wish to switch to another product.

clock 10 December 2008 •

Mortgages

Buyer interest up for first time since 2006 - RICS

Home buyer interest climbed for the first time in more than two years this month, figures from the Royal Institution of Chartered Surveyors (RICS) show.

clock 09 December 2008 •

Mortgages

CML calls for end to 'conflicting' demands on lenders

The Council of Mortgage Lenders (CML) has demanded the Government bring to an end the "conflicting and incoherent" demands being placed on lenders.

clock 09 December 2008 •

Mortgages

HSBC to lend £15bn in 2009

HSBC has confirmed it will lend up to £15bn in mortgages to UK homeowners in 2009, an increase of 20% on its lending this year, and almost double what it lent in 2007.

clock 09 December 2008 •

Mortgages

Beckett confirms first-day marketing for HIPs

Home sellers must have a confirmed Home Information Pack (HIP) in place before a property is put on the market, Margaret Beckett has confirmed.

clock 09 December 2008 •

Mortgages

Landlords bide their time in falling market

Nine in ten investment landlords is currently opting to neither buy nor sell despite falls in both asset values and rental yields, research by the Association of Residential Lettings Agents (ARLA) suggests.

clock 08 December 2008 •

Mortgages

FSA freezes NI broker's assets

The FSA has frozen the assets of a Northern Ireland-based mortgage broker after he claimed he could not afford to compensate customers.

clock 05 December 2008 •

Mortgages

Rate cuts alone cannot help mortgage market - AMI

Monetary policymakers should be following the Crosby Report's recommendation to restart the mortgage finance markets rather than focusing on cutting interest rates, according to the Association of Mortgage Intermediaries (AMI).

clock 05 December 2008 •
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