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How to choose the best mortgage

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.

Mortgage lending levels slow to ‘healthy’ level – CML

Mortgage lending for November matches amount loaned in November 2013, having fallen four months in a row Mortgage lending slowed in November, and activity has returned to almost the same level as at the end of 2013, banks and building societies reported on Thursday. The Council of Mortgage Lenders (CML) said gross mortgage lending was 9% down on October’s figure at £16.9bn. This is the lowest …