News Tag: UK mortgage market
February 3, 2010
Mortgage brokers are feeling upbeat about 2010 and predicting a good year ahead for the UK mortgage market.
Research carried out by Platform (part of Co-operative Financial Services) found that 66% of participants in its Intermediary Outlook Survey are expecting improvements.
Seventy-four per cent of respondents believe UK house prices will rise by up to 5% during 2010 and the same proportion think low ...
Mortgage brokers upbeat on 2010
by Gill Montia
November 16, 2009
The chairman of the Council of Mortgage Lenders has accused regulators of depicting the UK's mortgage lenders as “drug dealers at the school gates”.
Addressing the CML conference last week, Matthew Wyles said he increasingly saw lenders and intermediaries cast in this role, "enticing innocent consumers in and then getting them hooked, for their own evil profit-driven purposes".
Mr ...
Regulators cast mortgage lenders as drug dealers at school gates
by Gill Montia
September 17, 2009
The UK mortgage market is showing signs of recovery with the number of products increasing slowly.
However, only borrowers with a minimum deposit of 25% are likely to feel any real benefit, according to Moneyfacts.co.uk.
Research from the financial website shows that since the beginning of April, the number of deals on the market has increased from 1,209 to 1,329.
While evidence of improvement, ...
Mortgage market stages gradual recovery
by Gill Montia
