BankingMortgages fall on hopes of summer rate cutsMay 16, 202416Andrew Bailey, the Governor, said he was “optimistic that things are moving in the right direction” although he would need...
MortgagesBanks ‘irresponsibly lending’ as buyers face emptying pensions to pay off mortgageMay 13, 202423Lord Tyrie, former chair of the Competitions and Markets Authority and the Treasury Select Committee, said homeowners taking out ultra-long...
MortgagesCan anything stop Britain’s bonkers housing market?May 9, 202421For Simon Rubinsohn, of the Royal Institution of Chartered Surveyors, the crucial difference between historic house price crashes and the...
MortgagesRishi Sunak faces a ‘reckoning’ as 900,000 brace for mortgage risesMay 9, 202425Rishi Sunak faces a “reckoning” at the polls as 900,000 homeowners brace for mortgage rises before a possible November general...
Investing‘We lost £105,000 after putting our life savings in a trust – our disabled son will suffer’April 7, 202446A salesman from Family Trust visited Norman and Ann at their home in 2013 after Newcastle Building Society made the...
EconomyKeep buying this stock as Britain’s economic boom moves closerApril 2, 202423Alongside greater innovation, the company is continuing to expand into other areas that offer long-term growth potential.For example, it is...
MortgagesHomeowners on ‘tracker’ mortgages in line to save £300 a monthApril 2, 202445Paul Dales, chief UK economist at Capital Economics, said the Bank Rate will likely stand at 4pc by the end...
MortgagesMortgage lenders cut rates as house prices bounce back for EasterMarch 28, 202448House prices are set to bounce back in spring as lower mortgage rates lure buyers back into the market.The number...
MortgagesMortgage rates to drop below 4pc ‘within weeks’March 23, 202447Riz Malik, of mortgage brokerage R3, said lenders hadn’t yet reacted to the latest Bank Rate decision and inflation figures,...
Banking‘I paid my mortgage for 36 years – and still lost my home to the bank’March 12, 202492In Mr Fleming’s case, his interest-only mortgage repayments nearly tripled after his mortgage was sold in 2015 – from £670...