Mortgage Market Blog
Day 10 of everything you need to know about buying and selling a house or a flat in 31 daily bite-sized chunks
Day 9 of everything you need to know about buying and selling a house in 31 daily bite-sized chunks
We have all had enough of the ash cloud, but what the housing market could do with is a cash cloud in the form of increased mortgage approvals. The housing market continues its snail like progress from the depths of 2008 and 2009. But data released this...
The news that the Financial Services Authority has issued its plans to repair the barn doors of the mortgage industry has received a mixed response. Leaving aside obvious jibes about more points scoring than credit scoring, there is at least a return to a...
The demise of the Cheltenham & Gloucester C&G , it would appear has been greatly exaggerated. On the news of the decision to close the network of C&G offices in June spurred me into eulogising in a post at the loss of the good guys in the...
The most recent statistics for the mortgage market in England and Wales have shown a small increase in lending. Lending was up 26% in July, but this was still 36 % down from the monies the Banks and Building Societies lent in July 2008 More in depth...
The mortgage thaw may be underway, but it is clear to me as a Conveyancing Solicitor based in Chipping Sodbury South Gloucestershire , that the pace of issuing a mortgage offer is still painfully slow. Figures issued last week by the British Bankers...
The turmoil in the mortgage market has thrown up some interesting statistics. Moneyfacts has published data showing that the average shelf life of a mortgage product in June was down to just 14 days from a previous 23 days. The suggested thaw in the...
It came as a great shock and with considerable disappointment to learn of the demise of the the Cheltenham & Gloucester, part of the Lloyds Banking Group C&G . As a Conveyancing Solicitor , I found them to be the epitome of a well run mortgage...