Mortgage Payment Holidays Can Be Extended
Did you know, one in six mortgages is now covered by a payment holiday, with more than 1.82 million mortgage borrowers having been granted a payment holiday by lenders?
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About Mortgage Payment Holidays
To help people who have had their circumstances changed as a result of Covid-19, the Chancellor announced a series of measures to alleviate the financial impact of losing a job or self-employe
Base Rate Reduced to 0.1%
The Bank of England had announced further reductions to the base rate. The current base rate is now at 0.1%, the lowest it has ever been in the UK.
Previously, the Bank of England
Direct Mortgage Customers Have No Protection
According to the statistics from Legal & General Mortgage Club, 34% of their consumers who’ve purchased their mortgage direct from a lender have no protection policy in place, such as critical i
Mortgage Market Unaffected
The latest mortgage monitor research from E.surv reveals that there were 65,801 residential mortgages approved during May 2019.
This indicates a 1.2% rise compared to the same month a year earlier.
Monthly Cost Rises For Buy-to-let
According to the latest research from the online mortgage broker, Property Master, it states that the cost of the majority of fixed rate buy-to-let mortgages appear to be on the rise.
Statistics fr
Stable and Steady
UK Finance, the trade body for High Street Banks, had announced that overall mortgage borrowing across the residential property market continues to stay stable and the trend in households cash savings
Growth in Remortgages
In the latest report by UK finance, it was indicated that there was a steady surge in gross mortgage lending in July. This was mainly driven by remortgaging as homeowners were looking into attractive
The Growth of House Prices
Halifax has recently conducted research into the house prices in July. The data shows that there has been a spike in July and the annual rates of house price growth have climbed from 1.8% in June to 3
Protecting Your Mortgage
Getting your mortgage is one thing, protecting your mortgage is another. The world of life insurance changes often as do your personal circumstances. What may have been right at the time may no lo