Mortgage lending to first-time buyers slumps to 21-month low
The Council of Mortgage Lenders said 19,000 loans worth £2.8billion were handed out to first-time buyers – a decline of 27 per cent compared to December.
The Council of Mortgage Lenders said 19,000 loans worth £2.8billion were handed out to first-time buyers – a decline of 27 per cent compared to December.
Double Digit Returns for Syndicate Mortgage Investors in latest Fortress Georgetown Project
Mortgage lending to home buyers went through an unexpectedly large dip at the start of the year.
Mortgage advances were lower across all category types at the start of the year with the exception of buy-to-let loans, new data from the Council of Mortgage Lenders (CML) revealed.
BMO today announced it is lowering the rate on its BMO Smart Fixed Mortgage to 2.79 per cent from 2.99 per cent, effective immediately.
The best mortgage type is the one that has the lowest total cost over the period that is the borrower’s best guess as to how long he or she will have the mortgage, provided that the borrower can afford the payment.
Every week, our expert Peter Boehm will answer your burning property questions. This week he offers some tips on how to repay your mortgage as quickly as possible and save some money along the way.
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