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Sell House Fast - Bank Lending Fell in 2011 13/02/2012
Sell Home Fast Hits: 3
Total net lending from the five main UK banks fell in each quarter of 2011 according to figures from the Bank of England.
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Sell House Quick - Mortgage Lending Still Subdued 26/08/2011
Sell Home Fast Hits: 3

In June, mortgage lending has increased, but the market is still subdued.

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Sell House Quick – Mortgage Lending at Very Low Levels 19/04/2011
Sell Home Fast Hits: 3

Mortgage lending is still at very low levels, according to the Council of Mortgage Lenders (CML).

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Sell and Rent Back – Mortgage Lending 9-Year Low 28/01/2011
Sell and Rent Back Hits: 3

Figures show that 2010 saw UK mortgage lending fall to the lowest level in nine years.

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Sell Home Quick – Tough Mortgage Lending Ahead 29/11/2010
Sell Home Fast Hits: 3
Recent figures show that new mortgages were at a decade low last month at just £12.4bn. According to Simon Gompertz, BBC personal finance correspondent, mortgage lending is now at just a third of the level it was at three years ago.

...
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Sell Home Fast - Mortgage Lending Too Restricted 12/11/2010
Sell Home Fast Hits: 3

The Council of Mortgage Lenders has asked the Financial Services Authority (FSA) to weaken plans for restrictions on mortgage lending, calling the plans “flawed and impractical.”

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Sell and Rent Back – UK Lending Moribund 02/11/2010
Sell Home Fast Hits: 3
As building societies and banks continue to severely restrict their lending to potential home buyers and consumers become more focused on not borrowing beyond what they can afford, all sides of lending have become more conservative, causing stagnation in the...
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Sell and Rent Back – Negative Lending Forecast 02/11/2010
Sell and Rent Back Hits: 3

Aside from drops in overall lending, there has also been a drop in recent months in new mortgages that are approved but have not yet been lent.

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Sell House Fast blow to Mortgage Lending 26/10/2010
Sell Home Fast Hits: 3
Data gathered by the Council of Mortgage Lenders (CML) indicates that, while lending picked up some during the spring, it is now stagnating and remains subdued. The September lending total was £12 billion, which is the lowest lending has been in the month...
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Sell Home Fast – Mortgage Lending Dropped Again 27/09/2010
Sell Home Fast Hits: 3

Mortgage lending in the UK has dropped for the third consecutive month with new figures underlining just how subdued the property market is.

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Sell House Quick – Mortgage Lending Drops 10/06/2010
Sell Home Fast Hits: 3
Home sales and mortgage lending both experienced a drop in April 2010. The Council of Mortgage Lenders (CML) reported that lending to home buyers, as well as other borrowers, totaled £10.2 billion.

...
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Sell Home Fast – Prohibited Irresponsible Lending 30/04/2010
Sell Home Fast Hits: 3
While the Office of Fair Trading (OFT) has its own take on irresponsible lending and does believe it is a widespread concern, campaigners wishing to stop irresponsible lending practices accuse the financial services industry of often luring consumers into...
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Sell Home Fast Lending Restraints 02/11/2009
Sell Home Fast Hits: 3
Compared with earlier this year, late summer saw a lift in mortgage lending according to the Council of Mortgage Lenders (CML). Gross mortgage lending reached £38.9bn in the third quarter which was an 18% rise on the three prior months. Despite lending being...
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Property Prices and Bank Lending 10/02/2009
House Prices Hits: 3
The state of the world’s economy is in crisis and its effects are being felt by the lenders and home owners. The average price of a home in the UK has been falling continuously since the autumn of 2007. Although, the lending institutions are trying their best...
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Mortgage Lending Drops to New Low 28/07/2008
Mortgages Hits: 3
Figures released this week show that new mortgage approvals fell in June to a new low.  Successful mortgage applications were down a staggering 23 per cent from May according to statistics released by the British Bankers’ Association (BBA), who say this is...
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Mortgage Lending Drops to New Low 28/07/2008
Housing Crash Hits: 3
Figures released this week show that new mortgage approvals fell in June to a new low.  Successful mortgage applications were down a staggering 23 per cent from May according to statistics released by the British Bankers’ Association (BBA), who say this is...
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Sell Home Fast – Mortgage Outlook Remains Gloomy 30/01/2012
Sell Home Fast Hits: 2
Latest figures show that the Eurozone crisis has created uncertainty in the UK mortgage market as UK gross mortgage lending fell in December, down 12% on November.
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Sell House Fast - Social Housing Waiting Lists 18/09/2011
Sell Home Fast Hits: 2

Strict lending criteria developed by bank and housing pricing levels have meshed, eliminating new potential buyers from the market.

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Sell and Rent Back - Negative Equity Affects Borrowers 10/09/2011
Sell and Rent Back Hits: 2

Peak house prices and competitive lending conditions in 2007 have left many borrowers in negative equity, It is calculated that in June 2011 over 827,000 loans are in negative equity, of which nearly a third are from loand taken out in 2007.

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Sell and Rent Back – Housing Market Stuck in a Rut 22/03/2011
Sell and Rent Back Hits: 2

UK mortgage lending remained at low levels in February as the housing market remained "stuck in a rut", lenders have reported.

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Sell and Rent Back – UK Mortgage Lending Down 13% 03/03/2011
Sell and Rent Back Hits: 2

Many home owners are choosing to sell and rent back because of the ongoing sluggish state of the UK economy and prolonged unemployment.

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Sell Home Fast – Student Loans Affect Mortgages 29/10/2010
Sell Home Fast Hits: 2
As the UK continues to see tighter restrictions on lending, there is yet another factor coming into play. As lenders make decisions about extending loans for the purchase of homes, they most often take into consideration the current debt of their potential...
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Sell Home Quick – First-time Buyers Loans Drop 21/10/2010
Sell Home Fast Hits: 2

Figures showing August mortgage activity have been released and show that lending was down 5% from July and down 3% from August 2009 in regards to loans granted to first-time homebuyers.

Read More »

Sell Home Fast – New Mortgage Restrictions 07/10/2010
Sell Home Fast Hits: 2

The Council of Mortgage Lenders (CML) is not pleased with the City regulator’s plan to place more restrictions on mortgage lending.

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Sell Home Quick – New Mortgage Plans 30/09/2010
Sell Home Fast Hits: 2

The Council of Mortgage Lenders (CML) has issued a warning that prices in the housing market will fall if the City regulator is able to restrict mortgage lending as planned.

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Sell and Rent Back – ‘Affordable Loans’ 24/09/2010
Sell and Rent Back Hits: 2

My Home Finance is a pilot scheme testing a new lending option for financially marginalized groups.

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Sell House Quick – Mortgage Lending Drop 03/08/2010
Sell Home Fast Hits: 2

According to figures released by the British Banker’s Association (BBA), the total number of home mortgages approved in June had dropped from the month before to 34,813.

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Sell and Rent Back – Loan Shark Warnings 01/06/2010
Sell and Rent Back Hits: 2
New warnings about the dangers of borrowing from loan sharks will soon be disseminated. The Office of Fair Trading and trading standards officers are stepping up a campaign against loan shark lending and will be handing out approximately 200,000 leaflets and...
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Sell and Rent Back – Subdued Mortgage Lending 24/03/2010
Sell and Rent Back Hits: 2
According to the British Bankers’ Association (BBA), the rush of buyers trying to beat the end of the stamp duty holiday was at least partly responsible for the continued depression of the mortgage market in February.

...
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Sell and Rent Back - Home Loan Fall 22/03/2010
Sell and Rent Back Hits: 2

The Council of Mortgage Lenders has released a report showing a slowdown in mortgage lending in recent months.

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Sell and Rent Back - Housing Market Slow Down 18/03/2010
Sell and Rent Back Hits: 2

A recent Halifax report states that there has been a significant slowdown in the UK housing market and mortgage lending sectors in recent months.

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Sell House Quick – House Sales Drop 26/02/2010
Sell Home Fast Hits: 2
Mortgage lending dropped significantly in January of this year. While it is normal to show a drop in sales during the month of January each year, this year’s drop stands out as particularly pronounced.

...
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Sell and Rent Back – Mortgages Shortfall 19/02/2010
Sell and Rent Back Hits: 2

Mortgage advisors have warned of shortfalls in the amount available for lending, due to a lack of funds from mortgage companies.

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Sell Home Fast Mortgage Debt Grows 14/10/2009
Sell Home Fast Hits: 2
Although consumer debt - including debt from credit cards and personal loans - fell by £300m last month, mortgage loan debt increased by £1bn in August. Lending is expected to remain slow due to the weak economy and the lowered ability to lend in general....
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Sell Home Fast Lending Squeeze 07/10/2009
Sell Home Fast Hits: 2
A chain reaction of sorts is happening right now in the UK, as building societies who are only able to offer their savers low rates of interest are then inhibited in their ability to lend cash to prospective home buyers.

...
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Sell Rent Back Mortgages Hard To Obtain 05/10/2009
Sell and Rent Back Hits: 2
Although banks remain very cautious about lending in the midst of a major recession, a deposit of 10% to 20% will help you find deals. Credit history is more critical than ever, as are employment and earnings.

...
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Sell Home Fast Lender Loans 22/09/2009
Sell Home Fast Hits: 2
Recently, the Council of Mortgage Lenders (CML) announced that since last year, the six top mortgage lending companies dominate the market, accounting for 78% of business; last year, the top six accounted for 72%.

...
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Sell Home Fast Mortgage Update 29/06/2009
Sell Home Fast Hits: 2

The CML (Council of Mortgage Lenders) has announced that mortgage lending in May was 2% lower than in April - at approximately £10.3bn - and 58% lower than May 2008.

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Sell And Rent Back Help Homeowners 23/06/2009
Sell and Rent Back Hits: 2
Relaxed lending practices from Building Society has put many people into mortgages that they cannot afford, worsening the property market and causing high numbers of repossessions int he UK. The trouble is so bad that many building societies are themselves...
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Sell Home Fast Mortgage latest 05/06/2009
Sell Home Fast Hits: 2
Unfortunately for people who are looking to sell property fast, April's mortgage lending figures are not very encouraging. Indeed, the number of mortgages arranged to sell home fast are no better than they have been recently, despite high hopes they would...
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Interest Rates - A Licence To Print Money? 06/03/2009
Repossession Hits: 2
The Bank of England has announced a further reduction in interest rates to 0.5% in an attempt to get the High Street banks lending again and ease the flow of money, especially to businesses.  The Council of Mortgage Lenders is warning that all time low...
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Recession - UK Property Sales Crash 02/03/2009
Recession Hits: 2
The UK housing market has once again receded to reach the same levels as it stood in February 2006. It is still to be seen if the recent slump in the sales of UK property is just another cycle of recession that goes naturally with any economy or it is a fall...
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Are You Facing Negative Equity? 27/02/2009
Housing Crash Hits: 2
The dramatic falls in property prices over recent months have left many homeowners in negative equity – in other words, owing more on their mortgage than their property is worth. The Financial Services Authority certainly agrees that negative equity is a real problem.  It states that as many as one in five households could face negative equity by the time the market bottoms out, with an estimated overall fall in prices of 30% from their 2007 peak.  These figures mean that some 2.5 million loans will be in excess of the value of the property against which they are secured.  ...
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Housing Prices Crash - The UK Property Market 25/02/2009
Housing Crash Hits: 2
The current condition of the UK property market has certainly raised eyebrows among the top industry analysts. After substantiating itself in the preceding years, UK home prices have taken a deep plunge after 2007. The decline has continued unabated for almost...
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Bumpy Ride For House Prices 20/02/2009
Recession Hits: 2
House prices in England and Wales fell by an average of 13.8% last year.  There are conflicting opinions on how the property market will fare as the recession deepens, although it is certain that substantial gains are out of the question.  Anyone embarking...
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Bumpy Ride For House Prices 20/02/2009
Mortgages Hits: 2
House prices in England and Wales fell by an average of 13.8% last year.  There are conflicting opinions on how the property market will fare as the recession deepens, although it is certain that substantial gains are out of the question.  Anyone embarking...
Read More »

Bumpy Ride For House Prices 20/02/2009
House Prices Hits: 2
House prices in England and Wales fell by an average of 13.8% last year.  There are conflicting opinions on how the property market will fare as the recession deepens, although it is certain that substantial gains are out of the question.  Anyone embarking...
Read More »

Bumpy Ride For House Prices 20/02/2009
Sell Home Fast Hits: 2
House prices in England and Wales fell by an average of 13.8% last year.  There are conflicting opinions on how the property market will fare as the recession deepens, although it is certain that substantial gains are out of the question.  Anyone embarking...
Read More »

Mortgage - Buy To Let Owners In Trouble 14/01/2009
Mortgages Hits: 2
Over recent years the buy to let market has been buoyant.  People who either had the cash or access to mortgage lending saw property as a failsafe means of making money and a solid long term investment.  But as property prices have crashed the buy to let market...
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The Big Spend? 02/12/2008
Sell and Rent Back Hits: 2
The Treasury has announced big spending plans to reinvigorate the economy.  A total of £12.5 billion is said to be on its way to consumers but the question on everyone’s lips is, will it work?

The Chancellor, Alistair Darling, has announced that VAT...
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The Big Spend? 02/12/2008
Repossession Hits: 2
The Treasury has announced big spending plans to reinvigorate the economy.  A total of £12.5 billion is said to be on its way to consumers but the question on everyone’s lips is, will it work?

The Chancellor, Alistair Darling, has announced that VAT...
Read More »

When will the fall end? 19/11/2008
Recession Hits: 2
It’s the question on every homeowners’ lips.  Just how far, and how fast, will property values fall and when will it all come to an end?   Let’s begin by taking a look back at the staggering change in the market we’ve seen over the past year or so.

Towards...
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When will the fall end? 19/11/2008
Mortgages Hits: 2
It’s the question on every homeowners’ lips.  Just how far, and how fast, will property values fall and when will it all come to an end?   Let’s begin by taking a look back at the staggering change in the market we’ve seen over the past year or so.

Towards...
Read More »

When will the fall end? 19/11/2008
Interest Rates Hits: 2
It’s the question on every homeowners’ lips.  Just how far, and how fast, will property values fall and when will it all come to an end?   Let’s begin by taking a look back at the staggering change in the market we’ve seen over the past year or so.

Towards...
Read More »

When will the fall end? 19/11/2008
Stop Repossession Hits: 2
It’s the question on every homeowners’ lips.  Just how far, and how fast, will property values fall and when will it all come to an end?   Let’s begin by taking a look back at the staggering change in the market we’ve seen over the past year or so.

Towards...
Read More »

Government Intervention - Too Little Too Late? 09/09/2008
Mortgages Hits: 2
This week the government has announced a £1bn package of measures designed to help homeowners through the current financial crisis.  Whilst everyone must surely welcome this news, the question as to whether it will go any way towards resolving the stagnant...
Read More »

Government Intervention - Too Little Too Late? 09/09/2008
Debt Hits: 2
This week the government has announced a £1bn package of measures designed to help homeowners through the current financial crisis.  Whilst everyone must surely welcome this news, the question as to whether it will go any way towards resolving the stagnant...
Read More »

Government Intervention - Too Little Too Late? 09/09/2008
Inflation Hits: 2
This week the government has announced a £1bn package of measures designed to help homeowners through the current financial crisis.  Whilst everyone must surely welcome this news, the question as to whether it will go any way towards resolving the stagnant...
Read More »

Government Intervention - Too Little Too Late? 09/09/2008
Equity release Hits: 2
This week the government has announced a £1bn package of measures designed to help homeowners through the current financial crisis.  Whilst everyone must surely welcome this news, the question as to whether it will go any way towards resolving the stagnant...
Read More »

Government Intervention - Too Little Too Late? 09/09/2008
Stop Repossession Hits: 2
This week the government has announced a £1bn package of measures designed to help homeowners through the current financial crisis.  Whilst everyone must surely welcome this news, the question as to whether it will go any way towards resolving the stagnant...
Read More »

Government Intervention - Too Little Too Late? 09/09/2008
Sell and Rent Back Hits: 2
This week the government has announced a £1bn package of measures designed to help homeowners through the current financial crisis.  Whilst everyone must surely welcome this news, the question as to whether it will go any way towards resolving the stagnant...
Read More »

Government Intervention - Too Little Too Late? 09/09/2008
Repossession Hits: 2
This week the government has announced a £1bn package of measures designed to help homeowners through the current financial crisis.  Whilst everyone must surely welcome this news, the question as to whether it will go any way towards resolving the stagnant...
Read More »

Government Intervention - Too Little Too Late? 08/09/2008
Housing Crash Hits: 2
This week the government has announced a £1bn package of measures designed to help homeowners through the current financial crisis.  Whilst everyone must surely welcome this news, the question as to whether it will go any way towards resolving the stagnant...
Read More »

Well Deserved Holiday For Stamp Duty? 18/08/2008
Home Information Packs Hits: 2
Gordon Brown may have been on holiday but he and his Chancellor, Alistair Darling, are working hard in an attempt to give the housing market a boost, and in so doing, improve their own party’s ratings.

It appears that Mr Darling may decide to temporarily...
Read More »

Mortgage Arrears Climbing 27/06/2008
Mortgages Hits: 2
The number of people who are struggling to meet their mortgage repayments is increasing.  In February, the Council of Mortgage Lenders reported that there were 130,000 mortgages that were at least three months in arrears.

The figure for mortgages within...
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Mortgage Arrears Climbing 27/06/2008
Interest Rates Hits: 2
The number of people who are struggling to meet their mortgage repayments is increasing.  In February, the Council of Mortgage Lenders reported that there were 130,000 mortgages that were at least three months in arrears.

The figure for mortgages within...
Read More »

First Quarter Repossession Figures 16/05/2008
Debt Hits: 2
Recent repossession statistics show that there is no slow down in the housing crisis.

The current figures must be seen against the backdrop of 2007, which had been forecast to be a bad year by the Council of Mortgage Lenders even before the credit crunch...
Read More »

Impossible To Sell? 04/04/2008
Sell Home Fast Hits: 2
We reported a couple of weeks ago on ‘A Buyer’s Market’, focusing on a fall in the number of properties sold and the downward trend in the price of housing stock.  Since then news for sellers has worsened, with this week several mortgage lenders withdrawing...
Read More »

Property Market Round Up 02/01/2008
Home Information Packs Hits: 2
As we approach the end of the year it is a good time to look back at the property market during 2007 and look at the current situation.

The year began with what had become a familiar trend of rising prices, which, it seemed, would go on for ever.  But...
Read More »

Property Market Round Up 02/01/2008
Equity release Hits: 2
As we approach the end of the year it is a good time to look back at the property market during 2007 and look at the current situation.

The year began with what had become a familiar trend of rising prices, which, it seemed, would go on for ever.  But...
Read More »

Interest Rates On Hold 09/11/2007
Interest Rates Hits: 2
Yesterday the Bank of England chose to leave interest rates unchanged for the fourth consecutive month.  The decision came as no surprise, despite the call from leading economists for a reduction in rates to ease the property blues currently gripping the UK’s...
Read More »

CCJs Double in Three Years 01/06/2007
Debt Hits: 2
Personal debt in the UK is reaching new heights. The first three months of this year saw almost a quarter of a million County Court Judgements (CCJs) issued on unpaid debts such as mortgages and credit cards. Three years ago the number of CCJs stood at approximately...
Read More »

PERSONAL DEBT DISASTER? 20/02/2007
Debt Hits: 2
Personal debt figures are always hitting the headlines. But what do these figures include and how many people in the UK do they affect?Personal debt can be divided into three basic categories – secured lending (i.e. a mortgage), unsecured consumer lending...
Read More »

Sell House Fast – Unhappy Couples Trapped by Economic Gloom 15/05/2012
Sell Home Fast Hits: 1
The economic crisis is fuelling an increase in divorce and changing the way that couples are dividing their assets.
Read More »

Sell and Rent Back – Drop in Mortgage Deals on Offer 04/04/2012
Sell and Rent Back Hits: 1

The amount of mortgage deals on offer to borrowers has suddenly dropped, after rising towards the end of last year. 

Read More »

Sell House Quick – Interest-Only Mortgages Harder to Take Out 23/02/2012
Sell Home Fast Hits: 1
Mortgage lenders are making it harder for homeowners to take out interest-only mortgages, with one high street bank insisting on a deposit of at least 50% to take out this type of loan.
Read More »

Sell Home Fast: Mortgage lending sinks this October 20/12/2011
Sell Home Fast Hits: 1
October saw 10% less home loans handed to first-time buyers than in September, lenders have said. Some 44,500 mortgages were given for house purchases in October, 8% less than in September, the Council of Mortgage Lenders (CML) said. ...
Read More »

Sell Home Quick - Impossible Mortgage Offers 20/09/2011
Sell Home Fast Hits: 1

For many consumers, obtaining mortgages with higher percentage rates is next to impossible, especially at the lower rates advertised.

Read More »

Sell and Rent Back - High Lending Deposits 03/09/2011
Sell and Rent Back Hits: 1

Potential buyers in most of the UK are discouraged to purchase a property due to lenders demanding large deposits.

Read More »

Sell and Rent Back – First-Time Buyers Locked Out 03/06/2011
Sell and Rent Back Hits: 1

A Halifax poll, which included 4,000 non-homeowners as the respondents, shows that two-thirds of young adults who do not own a home believe they will not be able to get on the property ladder.

Read More »

Sell and Rent Back – Tough Decade for UK Retailers 16/05/2011
Sell and Rent Back Hits: 1

According to an economic think tank, UK retailers could be facing many years of poor sales growth

Read More »

Sell and Rent Back – Bank Mortgage Approvals Drop 10% 27/01/2011
Sell and Rent Back Hits: 1

The number of mortgages approved for house buyers by the UK's main banks fell by 10% in 2010.

Read More »

Sell House Quick – Weak Borrowing Trend 19/11/2010
Sell Home Fast Hits: 1

The month of September saw a continuing weak appetite among consumers when it came to borrowing.

Read More »

Sell House Fast – Continues Falling House Prices 17/11/2010
Sell Home Fast Hits: 1

The Royal Institution of Chartered Surveyors (RICS) reports that housing prices are continuing to drop, due to a shortage of buyers.

Read More »

Sell Home Quick – Mortgage Lending Remains Tight 23/09/2010
Sell Home Fast Hits: 1

the month of July, first-time home buyers found their share of the mortgage market at the lowest level seen in three years.

Read More »

Sell and Rent Back – Name and Shame Financial Institutions 22/09/2010
Sell and Rent Back Hits: 1
Complaints filed with the Financial Ombudsman Service (FOS) are on the rise and, for the last 18 months, FOS has started naming and shaming those institutions that have received the most complaints.

...
Read More »

Sell and Rent Back – Bank Fees Rise 31/08/2010
Sell and Rent Back Hits: 1

Small- and medium-sized enterprises (SMEs) have seen a rise in bank fees this year, which is only making it more difficult to stay afloat and recover from the recent economic crisis.

Read More »

Sell and Rent Back – Personal Loans Limited 10/05/2010
Sell and Rent Back Hits: 1

As many consumers have discovered, there have been several recent changes in the mortgage and personal loan industries.

Read More »

Sell House Quick – Better Quality Loans 16/04/2010
Sell Home Fast Hits: 1

According to a recent survey of lenders, in the next three months overdrafts and personal loans will only be made available to those who are considered “better quality” borrowers.

Read More »

Sell and Rent Back – Aggressive Repossessions 24/02/2010
Sell and Rent Back Hits: 1
As if the economic crisis did not place enough pressure on hardworking UK residents, a study conducted by the Financial Services Authority (FSA) has found that mortgage lenders have engaged in overly aggressive treatment towards borrowers in arrears.

Read More »

Sell Rent Back House Price Rises Are False Dawn 02/10/2009
Sell and Rent Back Hits: 1
The economic forecasting group Ernst & Young Item Club has recently reported that the rise in house prices in the UK is a "false dawn." In fact, the group says that house prices will not bounce back to their 2007 highs for at least five years.

...
Read More »

Sell home fast lending to home owners 02/07/2009
Sell Home Fast Hits: 1
According to Moneyfacts, there has been a large jump in the cost of fixed rate mortgages to brand new borrowers; interest rates for a two-year deal have increased by 0.16% to 4.9%. Five year fixed rate mortgages have gone up by 0.21% to 5.82%....
Read More »

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