mortgages

Mortgage advisers expect the industry to grow to its highest level in eight years, despite the Bank of England's succession of rate hikes.

I used to think the phrase "too many cooks" only applied if one of them was Jamie Oliver. While looking at one website the other day however, it struck me that the same is true of the number of packagers some lenders deal with.

First-time buyers are now facing very real difficulties in getting a foot on the property ladder.

The number of first time buyers struggling to make mortgage repayments will rise from 2.07m to 2.66m if there is another 0.25% rate increase, according to online mortgage company mform.co.uk.

The number of mortgage approvals has fallen for the third month in a row down to just 107,000, leading parts of the industry to suggest the housing market is about to turn.

Although more than half of parents are prepared to financially help their children buy their first home, many could be risking their offspring's property by failing to consider Inheritance Tax.

The Bank of England Monetary Policy Committee voted unanimously to raise interest rates earlier this month, although some members questioned whether the increase should have been greater than 0.5%.

Promise Homepacks has confirmed it will go ahead with the launch of Home Information Packs (HIPs) from 1 June, despite the government's decision to delay official implementation until 1 August.

Norwich Union has reviewed prices across its Mortgage Life Insurance (MLI) and Term Assurance range to help holders of longer term mortgages.

Mortgage customers seeking to cope with rising interest rates should think small, according to research from online mortgage company mform.co.uk.